Global Outdoor Power Equipment (OPE) Market Set to Reach $36.41 Billion by 2023, Fueled by Falling Lithium-Ion Battery Costs - ResearchAndMarkets.com
Outdoor Power Equipment (OPE) refers to a category of equipment equipped with small motors or engines primarily used for outdoor tasks.
- Outdoor Power Equipment (OPE) refers to a category of equipment equipped with small motors or engines primarily used for outdoor tasks.
- The global OPE market is segmented as follows:
Energy Source: The market divides into four segments: gas-driven, cordless, parts & attachments, and corded. - Type: Segmenting into lawn mower, chainsaw, trimmer & edger, blowers, tillers & cultivators, snow throwers, and other outdoor power equipment.
- The global OPE market is relatively concentrated, with the top 5 players accounting for over 60% of the total market share.