Fact.MR Study Foretells the Outdoor Power Equipment Market to Record an Expansion at 3.5% CAGR over the Forecast Period (2018-2028)
Size of the outdoor power equipment market was evaluated at US$ 38.969.5Mn in 2017, according to a new Fact.MR study. Revival construction industry has played a vital role in accelerating the demand for the outdoor power equipment globally. Owing to high population densities, emerging economies like China and India are expected to show some of the highest growth rates in construction over the next decade. The study envisages the outdoor power equipment market to record a moderate 3.5% CAGR through 2028.
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