Problem in setting up LWC Local Development

I wan to set local LWC development but I don't know why I am getting following error

piyushdhaked@Piyushs-MacBook-Air Salesforce % sfdx plugins:install @salesforce/lwc-dev-server
Polling for new version(s) to become available on npm... done
Successfully validated digital signature for @salesforce/lwc-dev-server.
Finished digital signature check.
warning @salesforce/lwc-dev-server > @lwc/engine@1.2.2: Use @lwc/engine-dom instead
warning @salesforce/lwc-dev-server > cpx > chokidar@1.7.0: Chokidar 2 will break on node v14+. Upgrade to chokidar 3 with 15x less dependencies.
warning @salesforce/lwc-dev-server > request-promise-native@1.0.9: request-promise-native has been deprecated because it extends the now deprecated request package, see https://github.com/request/request/issues/3142
warning @salesforce/lwc-dev-server > jsdom > request-promise-native@1.0.9: request-promise-native has been deprecated because it extends the now deprecated request package, see https://github.com/request/request/issues/3142
warning @salesforce/lwc-dev-server > @communities-webruntime/extensions > csurf@1.11.0: Please use another csrf package
warning @salesforce/lwc-dev-server > cpx > chokidar > fsevents@1.2.13: fsevents 1 will break on node v14+ and could be using insecure binaries. Upgrade to fsevents 2.
warning @salesforce/lwc-dev-server > jsdom > request@2.88.2: request has been deprecated, see https://github.com/request/request/issues/3142
warning @salesforce/lwc-dev-server > @salesforce/core > jsforce > request@2.88.2: request has been deprecated, see https://github.com/request/request/issues/3142
warning @salesforce/lwc-dev-server > @salesforce/command > cli-ux@4.9.3: Package no longer supported. Contact Support at https://www.npmjs.com/support for more info.
warning @salesforce/lwc-dev-server > uuidv4 > uuid@3.3.3: Please upgrade  to version 7 or higher.  Older versions may use Math.random() in certain circumstances, which is known to be problematic.  See https://v8.dev/blog/math-random for details.
warning @salesforce/lwc-dev-server > @webruntime/server > uuidv4 > uuid@3.3.2: Please upgrade  to version 7 or higher.  Older versions may use Math.random() in certain circumstances, which is known to be problematic.  See https://v8.dev/blog/math-random for details.
warning @salesforce/lwc-dev-server > jsdom > request > uuid@3.4.0: Please upgrade  to version 7 or higher.  Older versions may use Math.random() in certain circumstances, which is known to be problematic.  See https://v8.dev/blog/math-random for details.
warning @salesforce/lwc-dev-server > @webruntime/compiler > babel-eslint@10.1.0: babel-eslint is now @babel/eslint-parser. This package will no longer receive updates.
warning @salesforce/lwc-dev-server > @webruntime/compiler > rollup-plugin-node-resolve@4.2.4: This package has been deprecated and is no longer maintained. Please use @rollup/plugin-node-resolve.
warning @salesforce/lwc-dev-server > @webruntime/compiler > rollup-plugin-replace@2.2.0: This module has moved and is now available at @rollup/plugin-replace. Please update your dependencies. This version is no longer maintained.
warning @salesforce/lwc-dev-server > @webruntime/api > @lwc/compiler > rollup-plugin-replace@2.2.0: This module has moved and is now available at @rollup/plugin-replace. Please update your dependencies. This version is no longer maintained.
warning @salesforce/lwc-dev-server > @webruntime/compiler > rollup-plugin-commonjs@9.3.4: This package has been deprecated and is no longer maintained. Please use @rollup/plugin-commonjs.
warning @salesforce/lwc-dev-server > cpx > babel-runtime > core-js@2.6.12: core-js@<3.23.3 is no longer maintained and not recommended for usage due to the number of issues. Because of the V8 engine whims, feature detection in old core-js versions could cause a slowdown up to 100x even if nothing is polyfilled. Some versions have web compatibility issues. Please, upgrade your dependencies to the actual version of core-js.
warning @salesforce/lwc-dev-server > jsdom > request > har-validator@5.1.5: this library is no longer supported
warning @salesforce/lwc-dev-server > cpx > chokidar > readdirp > micromatch > snapdragon > source-map-resolve@0.5.3: See https://github.com/lydell/source-map-resolve#deprecated
warning @salesforce/lwc-dev-server > cpx > chokidar > readdirp > micromatch > snapdragon > source-map-resolve > resolve-url@0.2.1: https://github.com/lydell/resolve-url#deprecated
warning @salesforce/lwc-dev-server > cpx > chokidar > readdirp > micromatch > snapdragon > source-map-resolve > urix@0.1.0: Please see https://github.com/lydell/urix#deprecated
warning @salesforce/lwc-dev-server > cpx > chokidar > readdirp > micromatch > snapdragon > source-map-resolve > source-map-url@0.4.1: See https://github.com/lydell/source-map-url#deprecated
warning @salesforce/lwc-dev-server > @webruntime/api > @lwc/compiler > @lwc/style-compiler > cssnano-preset-default > postcss-svgo > svgo@1.3.2: This SVGO version is no longer supported. Upgrade to v2.x.x.
warning @salesforce/lwc-dev-server > @webruntime/api > @lwc/compiler > @lwc/style-compiler > cssnano-preset-default > postcss-svgo > svgo > stable@0.1.8: Modern JS already guarantees Array#sort() is a stable sort, so this library is deprecated. See the compatibility table on MDN: https://developer.mozilla.org/en-US/docs/Web/JavaScript/Reference/Global_Objects/Array/sort#browser_compatibility
warning "@salesforce/lwc-dev-server > @rollup/plugin-alias@3.1.9" has unmet peer dependency "rollup@^1.20.0||^2.0.0".
warning "@salesforce/lwc-dev-server > request-promise-native@1.0.9" has unmet peer dependency "request@^2.34".
warning "@salesforce/lwc-dev-server > request-promise-native > request-promise-core@1.1.4" has unmet peer dependency "request@^2.34".
error /Users/piyushdhaked/.local/share/sfdx/node_modules/fibers: Command failed.
Exit code: 127
Command: node build.js || nodejs build.js
Arguments: 
Directory: /Users/piyushdhaked/.local/share/sfdx/node_modules/fibers
Output:
node-gyp not found! Please ensure node-gyp is in your PATH--
Try running: `sudo npm install -g node-gyp`
/bin/sh: nodejs: command not found
spawn node-gyp ENOENT
warning Error running install script for optional dependency: "/Users/piyushdhaked/.local/share/sfdx/node_modules/cpx/node_modules/fsevents: Command failed.
Exit code: 1
Command: node install.js
Arguments: 
Directory: /Users/piyushdhaked/.local/share/sfdx/node_modules/cpx/node_modules/fsevents
Output:
node:events:491
      throw er; // Unhandled 'error' event
      ^
Error: spawn node-gyp ENOENT
    at Process.ChildProcess._handle.onexit (node:internal/child_process:283:19)
    at onErrorNT (node:internal/child_process:478:16)
    at processTicksAndRejections (node:internal/process/task_queues:83:21)
Emitted 'error' event on ChildProcess instance at:
    at Process.ChildProcess._handle.onexit (node:internal/child_process:289:12)
    at onErrorNT (node:internal/child_process:478:16)
    at processTicksAndRejections (node:internal/process/task_queues:83:21) {
  errno: -2,
  code: 'ENOENT',
  syscall: 'spawn node-gyp',
  path: 'node-gyp',
  spawnargs: [ 'rebuild' ]
}"
Installing plugin @salesforce/lwc-dev-server... failed
    Error: yarn add @salesforce/lwc-dev-server@latest --non-interactive --mutex=file:/Users/piyushdhaked/.local/share/sfdx/yarn.lock 
    --preferred-cache-folder=/Users/piyushdhaked/Library/Caches/sfdx/yarn --check-files exited with code 127

These are the current plugins in my VS code.

piyushdhaked@Piyushs-MacBook-Air Salesforce % npm i node-gyp-build
piyushdhaked@Piyushs-MacBook-Air Salesforce % sfdx plugins --core
@oclif/plugin-autocomplete 1.3.1 (core)
@oclif/plugin-commands 2.2.0 (core)
@oclif/plugin-help 5.1.14 (core)
@oclif/plugin-not-found 2.3.3 (core)
@oclif/plugin-plugins 2.1.1 (core)
@oclif/plugin-update 3.0.2 (core)
@oclif/plugin-version 1.1.2 (core)
@oclif/plugin-warn-if-update-available 2.0.6 (core)
@oclif/plugin-which 2.1.0 (core)
@salesforce/sfdx-plugin-lwc-test 1.0.1 (core)
alias 2.1.5 (core)
apex 1.2.0 (core)
auth 2.2.13 (core)
community 2.0.3 (core)
config 1.4.21 (core)
custom-metadata 2.0.1 (core)
data 2.1.4 (core)
generator 2.0.5 (core)
info 2.1.9 (core)
limits 2.0.5 (core)
org 2.2.7 (core)
packaging 1.9.4 (core)
salesforce-alm 54.8.1 (core)
schema 2.1.10 (core)
sfdx-cli 7.172.0 (core)
signups 1.2.7 (core)
source 2.0.17 (core)
telemetry 2.0.2 (core)
templates 55.1.0 (core)
trust 2.0.4 (core)
user 2.1.10 (core)

I also enabled the Dev Hub in my Authorized ORG.

 Don't know what am I doing wrong here?