Regional Contribution in 2023: In 2023, North America contributed the largest share to the Outdoor Power Supply Market, accounting for 40%, followed by Asia Pacific at 30%, Europe at
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Asia Pacific is expected to emerge as the fastest-growing regional market from 2025 to 2030. By equipment type, the lawn mower segment dominated the market and accounted for a 40.99% share in 2024. By end use, the
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Ryobi leads the market, despite being exclusive to Home Depot: Ryobi continues to hold the top spot as Outdoor Power Equipment brand winner, capturing 21% of unit share and 13% of dollar share — all
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Asia Pacific is expected to emerge as the fastest-growing regional market from 2025 to 2030. By equipment type, the lawn mower segment dominated the market and accounted for a 40.99%
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ASIA PACIFIC region holds the largest share of the outdoor power equipment market. Asia Pacific is expected to grow at the higher CAGR in the outdoor power equipment market throughout the forecast period.
The North America outdoor power equipment industry accounted for 35.28% of the global overall market share in 2024. The regional market’s growth is attributed to North America’s larger geographical area compared to its population, which leads to more gardens and lawns in the region.
Rising interest in gardening activities and increasing demand for landscaping services and increasing use of battery-powered outdoor power equipment for lawn maintenance are acting as major drivers for the outdoor power equipment market. By Equipment Type, Lawn Mowers segment is expected to hold the largest market share in 2024.
Furthermore, various online retailers are adjusting their inventory to optimize new government rules and regulations for developing electric outdoor power equipment products. Based on end use, the market is segregated into the commercial and residential sector segments. The residential segment accounted for a significant market share in 2024.
The top three Outdoor Power Equipment brands are Ryobi, Craftsman, and Ego. For more brand share insights, including share trend over time, access our public OPE dashboard now.
The global outdoor power equipment market size in terms of revenue was estimated to be worth $31.0 billion in 2024 and is poised to reach $36.5 billion by 2029, growing at a CAGR of 3.3% during the forecast period.
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