Chisinau outdoor power demand trend
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6 FAQs about Solar Chisinau outdoor power demand trend
How will the outdoor power equipment market grow in 2024?
In addition, changing consumer behavior in its spending power and aesthetic appeal for their gardening space is also expected to boost the market's growth. The North America outdoor power equipment industry accounted for 35.28% of the global overall market share in 2024.
What is the global outdoor power equipment market size?
The global outdoor power equipment market size was estimated at USD 53.42 billion in 2024 and is projected to reach USD 76.61 billion by 2030, growing at a CAGR of 6.3% from 2025 to 2030.
Why is the North America outdoor power equipment market growing?
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.
Which region is the fastest growing lawn mower market in 2025?
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 commercial segment is expected to grow at a significant CAGR over the forecast period.
What drives the UK outdoor power equipment industry?
The UK outdoor power equipment industry is driven by a strong gardening culture, rising popularity of allotments and urban green projects, increasing demand for electric and battery-powered tools due to strict emission laws, and growing investments in smart, automated lawn care solutions.
Why is the maintenance cost of outdoor power equipment so high?
The factors to be reviewed regularly include inspecting cords, checking for damaged switches, sharpening, oiling, and other repairs needed for properly working the equipment. Hence, the maintenance cost of outdoor power equipment is relatively high, which is expected to hamper the market’s growth.
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