Husqvarna AB is a leading industry player in the outdoor lawn equipment space. Core Technology provides important components of the lawn care and landscaping industry. Both residential home gardeners and commercial landscapers use a variety of Husqvarna garden tractors. The parts supplied by Core Technology are intended for US and South American markets and aid in the upkeep of manicured lawns, gardens, parks, golf courses, and athletic fields.
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The outdoor power equipment market is mature and its growth is majorly dependent on factors like geography, housing, population and age distribution, consumption spending, as well as recreation and leisure activities. The steady growth of the construction sector on a global level is a major driving force for the outdoor power equipment market. Technology, product design, and pricing patterns influence the purchase of outdoor power equipment by residential and commercial customers. Although outdoor power equipment is expansive in size and costly to possess for a normal purchaser, it is often found that adults will probably use their resources to purchase this equipment instead of leasing it for a restricted timeframe.