How big is the outdoor power equipment market?
The outdoor power equipment market in the U.S. is projected to grow significantly, reaching an estimated value of USD 24.94 billion by , driven by the rising demand for battery-powered equipment for landscaping and gardening services. Outdoor Power Equipment consist of small motors or engines primarily used for exterior service.
What makes the outdoor power equipment market unique?
Story Continues Innovations and Industry Players Leading players in the outdoor power equipment market are continually innovating, focusing on product performance, sustainability, and user-friendliness.
How will the outdoor power equipment market grow?
The outdoor power equipment market is expected to continue its growth trajectory. Technological advancements such as AI, smart systems, and increased battery efficiency will continue to drive market expansion.
Which country has the largest outdoor power equipment market in ?
North America dominated the global market with a share of 51.51% in . The outdoor power equipment market in the U.S. is projected to grow significantly, reaching an estimated value of USD 24.94 billion by , driven by the rising demand for battery-powered equipment for landscaping and gardening services.
How much value does outdoor recreation add to the economy?
The value added of the outdoor recreation economy accounted for 2.3 percent ($639.5 billion) of current-dollar gross domestic product (GDP) for the nation in . At the state level, value added for outdoor recreation as a share of state GDP ranged from 6.3 percent in Hawaii to 1.6 percent in Delaware, Connecticut, and New York.
Why is outdoor power equipment so popular?
The current trends of remote and hybrid working models, as well as flexible working hours among businesses in the U.S., have ensured that people have more free time on their hands to indulge in gardening and landscaping, thus strengthening the U.S. market demand for outdoor power equipment.
New Data Shows Outdoor Recreation is a $1.2
According to newly revised data in this year’s release from the BEA, the outdoor recreation economy has grown 36% in real terms since . These new figures reveal that the outdoor recreation economy
Outdoor Power Equipment Market | Global Growth Report []
The outdoor recreation economy is thriving — and to try to maintain that momentum and continue to reap the economic benefits, 24 states have created their own
Outdoor Recreation | U.S. Bureau of Economic
The value added of the outdoor recreation economy accounted for 2.3 percent ($639.5 billion) of current-dollar gross domestic product (GDP) for the nation in .
The Outdoor Recreation Economy by State
The outdoor recreation economy contributes to GDP in every state. Hover over or click on your state below to learn more about outdoor recreation’s contributions to GDP, jobs, and wages.
THE OUTDOOR RECREATION ECONOMY
The growing outdoor recreation economy brings with it more jobs—diverse, high-paying and highly sought jobs for American workers. As communities invest in the outdoor infrastructure
Outdoor Power Equipment Market to Reach $42.8 Billion by
The outdoor power equipment market is witnessing steady growth, driven by increasing demand for efficient tools for landscaping, lawn maintenance, and other outdoor
U.S. Outdoor Power Equipment Market | Industry
The U.S. outdoor power equipment market size was valued at USD 12.89 billion in and is anticipated to grow at a CAGR of 6.7% from to . The growing demand for landscaping services among American
New Data Shows Outdoor Recreation is a $1.2 Trillion Economic
According to newly revised data in this year’s release from the BEA, the outdoor recreation economy has grown 36% in real terms since . These new figures reveal that
Outdoor Power Equipment Market | Global Growth Report []
The outdoor power equipment market in the U.S. is projected to grow significantly, reaching an estimated value of USD 24.94 billion by , driven by the rising demand for
The $1.2 trillion business of playing outside
The outdoor recreation economy is thriving — and to try to maintain that momentum and continue to reap the economic benefits, 24 states have created their own
Outdoor Recreation | U.S. Bureau of Economic Analysis (BEA)
The value added of the outdoor recreation economy accounted for 2.3 percent ($639.5 billion) of current-dollar gross domestic product (GDP) for the nation in .
The Outdoor Recreation Economy by State
The outdoor recreation economy contributes to GDP in every state. Hover over or click on your state below to learn more about outdoor recreation’s contributions to GDP, jobs,
U.S. Outdoor Power Equipment Market | Industry Report,
The U.S. outdoor power equipment market size was valued at USD 12.89 billion in and is anticipated to grow at a CAGR of 6.7% from to . The growing demand for
The Outdoor Recreation Economy
OUTDOOR RECREATION IS A POWERFUL ECONOMIC ENGINE. Outdoor recreation is among our nation's largest economic sectors, representing the lifeblood of
Outdoor Economy Conference
The Outdoor Economy Conference brings together thought leaders, industry experts, and enthusiasts from across the nation to explore, learn, and collaborate on fostering a sustainable
New Data Shows Outdoor Recreation is a $1.2 Trillion Economic
According to newly revised data in this year’s release from the BEA, the outdoor recreation economy has grown 36% in real terms since . These new figures reveal that
Outdoor Economy Conference
The Outdoor Economy Conference brings together thought leaders, industry experts, and enthusiasts from across the nation to explore, learn, and collaborate on fostering a sustainable
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