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Europe Outdoor Power Equipment Market to Surge at a Robust Pace by 2027

The European construction sector witnessed a decent growth rate in recent time after experiencing a downturn in the last few years. The construction industry contributes nearly 10% of GDP in the region. The most flourishing sector accounted for residential areas, which is influentially growing to attribute to the demographic trends, increased per capita income, and low mortgage rates. European countries such as Germany, Ireland, France, and the UK are experiencing high growth in their construction sector. Governments of various countries are undertaking initiatives with a motive to support the construction industry. The growth in the construction of residential as well as commercial buildings is anticipated to provide prosperous opportunities to the market to grow in the region; thus, positively impacting the outdoor power equipment market.

The Europe Outdoor Power Equipment market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

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The European outdoor power equipment market is expected to grow at a good CAGR during the forecast period. The growing construction industry is supporting the increasing demand for the outdoor power equipment market in Europe.

These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for Europe Outdoor Power Equipment in the market.

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Europe Outdoor Power Equipment Market – MARKET SEGMENTATION

Europe Outdoor Power Equipment Market By Equipment Type

  • Lawn Mowers
  • Blowers
  • Tillers and Cultivators
  • Chainsaws
  • Trimmers
  • Hedge Trimmers
  • Sprayers
  • Mist Dusters
  • Others

Europe Outdoor Power Equipment Market By Power Source

  • Electric-Powered
  • Fuel-Powered

Europe Outdoor Power Equipment Market by Application

  • Commercial
  • Residential

Europe Outdoor Power Equipment Market by Country

  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe

Europe Outdoor Power Equipment Market-Companies Mentioned

  • ANDREAS STIHL AG & Co. KG.
  • Deere & Company
  • Honda Motor Co., Ltd.
  • Husqvarna AB
  • Techtronic Industries Co. Ltd.
  • MTD Products Inc.
  • STIGA S.p.A.
  • The Toro Company
  • Ariens Company
  • YAMABIKO Corporation

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