The Smart Outdoor Power Equipment Market to Hit $11.56 Billion by 2029, Growth Analysis, Opportunities Assessment 2024-2029 - Arizton

According to Arizton’s latest research report, the global smart outdoor power equipment market is growing at a CAGR of 5.36% during 2023-2029.       

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Report Scope:      

Market Size (2029): $11.56 Billion          

Market Size (2023): $8.45 Billion          

CAGR (2023-2029): 5.36%     

Historic Year:  2020-2022              

Base Year: 2023              

Forecast Year: 2024-2029              

Market Segmentation: Product Type, Power Source, Connectivity Type, End-user, and Geography 

Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa            

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The smart outdoor power equipment market is rapidly evolving, driven by the convergence of digital technologies, environmental concerns, and changing consumer preferences. This sector, which includes tools such as lawn mowers, chainsaws, hedge trimmers, and leaf blowers, is being transformed by integrating smart technologies like the Internet of Things (IoT), Artificial Intelligence (AI), and advanced battery systems. Key user segments—residential consumers, commercial users, and DIY enthusiasts—increasingly seek convenience, efficiency, and eco-friendly solutions. Manufacturers focus on customer-centric product development, utilizing data insights to inform design and offering customizable options. Advanced manufacturing techniques, including automation and IoT-enabled processes, enhance production precision and sustainability. Moreover, a shift towards battery-powered equipment addresses environmental concerns by significantly reducing emissions. The growing compatibility with smart home systems and the development of user-friendly interfaces further enhance the convenience and efficiency of these tools, making them essential in modern residential and commercial applications. 

Technological Advancements and Connectivity Boom in Outdoor Power Equipment 

Integrating smart technologies in outdoor power equipment has become essential today, where connectivity, automation, and efficiency are crucial. The Internet of Things (IoT) and Artificial Intelligence (AI) are central to this evolution, which enables devices to communicate, optimize performance, and deliver real-time insights. For instance, Husqvarna’s Automower robotic lawn mowers utilize AI algorithms to adjust cutting patterns based on lawn conditions and weather forecasts, ensuring optimal performance with minimal user intervention. Additionally, as smart home ecosystems gain traction, consumers expect their outdoor equipment to be compatible with platforms like Amazon Alexa, Google Home, and Apple HomeKit. This compatibility allows users to control their lawn mowers, sprinklers, and other equipment through voice commands or mobile apps, creating a seamless and convenient user experience.  

Future Outlook 

The future of the global smart outdoor power equipment market hinges on the introduction of innovative features like brushless motor technology. Bosch stands out as a leader by offering cordless equipment that supports inductive charging, allowing users to charge tools without removing the battery. Additionally, its Foreign Object Detection (FOD) system enhances safety during charging. In 2023, Bosch launched its NanoBlade technology in three handheld models, significantly reducing vibrations and catering specifically to DIY enthusiasts. This strategic innovation helps established brands like Bosch fend off competition from new entrants lacking similar capabilities. 

Other companies, such as Stanley Black & Decker and Milwaukee, have also introduced Bluetooth-enabled batteries that enhance safety for contractors by reducing accidents on job sites. Stanley Black & Decker is recognized for its fastening solutions and recently acquired Consolidated Aerospace Manufacturing, further solidifying its dominance in the aviation and aerospace sectors. Bosch, meanwhile, offers a broad range of tools across demolition, cutting, drilling, and polishing categories. 

As competition intensifies, driven by product extensions, technological advancements, and mergers and acquisitions, established players are expected to grow by acquiring regional firms. Companies with superior technical and financial resources will likely develop and launch innovative products, posing threats to competitors. The ongoing availability of cutting-edge smart outdoor power equipment from prominent brands can render rival products non-competitive before they recover R&D costs. In 2024, key industry players are set to unveil further innovative products, shaping the future landscape of the market.  

Empowering the Future: Bosch's Eco-Friendly Initiatives in Smart Outdoor Power Equipment Market 

In recent years, the Bosch Smart outdoor power equipment has been actively working to reduce its environmental impact, aligning with the sustainability objectives of the broader Bosch Group. Various initiatives have been implemented to cut CO2 emissions and conserve resources. Since 2020, all divisions within the Bosch Group have achieved climate neutrality, meaning that no carbon footprint is left by any site worldwide. To achieve this, Bosch has identified four key strategies: improving energy efficiency, increasing renewable energy generation, expanding the use of green electricity, and offsetting unavoidable CO2 emissions through carbon credits as a last resort.  

Key Company Profiles 

• Honda Motor Co., Ltd. 
• Husqvarna Group 
• Robert Bosch 
• Deere & Company 
• Stanley Black & Decker 
• The Toro Company 
• Techtronic Industries TTI 
• MAKITA 
• Hilti 
• Ariens Company (AriensCo) 
• Briggs & Stratton 
• Fortive  
• Positec  
• CHERVON 
• Fein 
• Einhell 
• Emak Group 
• Generac Power Systems 
• Greenworks Equipment 
• Masport 
• Snow Joe 
• STIHL 
• STIGA Group 
• SUMEC Group 
• WEN Products 
• Milwaukee Equipment 
• Hitachi, Ltd 
• Ryobi 
• Snap-on 
• Metabo 
• Kärcher 
• Würth Group 
• Wacker Neuson Group 
• Mafell AG 
• Yamabiko Corporation 
• Pferd 
• AIMCO 
• FESTOOL 
• CS Unitec 
• DYNABRADE 
• Blount 
• KYOCERA 
• INTERSKOL 
• Panasonic 
• URYU SEISAKU 
• Atlas Copco 
• Ingersoll Rand 
• Emerson  
• Ridgid 
• Skil 
• CRAFTSMAN 
• PORTER-CABLE 
• Diablo Equipment 
• Kobalt 
• Dremel 
• Proxxon 
• Parkside 
• Chicago Pneumatic 
• Matco Equipment 
• Cornwell Quality Tools 
• SENCO 
• Paslode 
• Worx  

Market Segmentation 

Product Type 

• Lawn Mowers 
• Chainsaws 
• Snow Blowers and Throwers 
• Tillers & Cultivators 
• Trimmers & Edgers 
• Leaf Blowers 
• Others 

Power Source 

• Battery-Powered Equipment 
• Electric Equipment 
• Internal Combustion Engine 
• Others 

Connectivity Type 

• Wi-Fi Connected 
• Bluetooth Connected 
• Cellular Connected 
• Others 

End-user 

• Residential 
• Commercial 
• Industrial 
• Others 

Geography 

North America 

• The US 
• Canada 

APAC 

• China 
• Japan 
• India 
• Australia 
• South Korea 
• Indonesia 
• Malaysia 
• The Rest of APAC 

Europe 

• Germany 
• France 
• Russia 
• The UK 
• Norway 
• Denmark 
• Italy 
• Poland 
• Spain 
• The Rest of Europe 

Latin America 

• Brazil 
• Mexico 
• Argentina 
• Rest of Latin America 

Middle East & Africa 

• Saudi Arabia 
• The UAE 
• Saudi Africa 
• The Rest of Middle East & Africa   

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Key Questions Answered in the Report:      

How big is the global smart outdoor power equipment market? 

What is the growth rate of the global smart outdoor power equipment market? 

Which region dominates the global smart outdoor power equipment market share? 

What are the significant trends in the smart outdoor power equipment market? 

Who are the key players in the global smart outdoor power equipment market?   

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