A recent report published by Infinium Global Research on power lawn and garden equipment market provides in-depth analysis of segments and sub-segments in the global as well as regional power lawn and garden equipment market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional power lawn and garden equipment market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global power lawn and garden equipment market.
The power lawn and garden equipment market is growing, fueled by a confluence of factors. Traditionally dominated by manual tools and catering primarily to residential applications, the landscape is now shifting. Advancements in technology are introducing semi-automatic and fully automatic options, expanding the market to include commercial spaces with extensive green areas. This trend aligns with the rapid urbanization and the increasing demand for well-maintained public gardens and parks. Furthermore, the increasing popularity of small-space gardening, urban farming, and kitchen gardening is creating a new, enthusiastic consumer base. These individuals, often limited by space and resources, are readily embracing compact, battery-powered equipment that simplifies lawn and garden maintenance. Their interest extends beyond mere aesthetics, venturing into sustainable food production and fostering a closer connection to nature within urban environments. Moreover, the focus is shifting towards energy efficiency, sustainability, and user-friendliness, with an emphasis on compact and versatile tools.
The increasing emphasis on electric-powered lawnmowers, trimmers, chainsaws, and related equipment is expected to drive a surge in global demand for gardening tools. Many countries, such as the U.S., the U.K., Germany, Japan, India, and Australia, among others, are prioritizing the adoption of electric equipment due to concerns about noise and environmental impact. Furthermore, electric lawn mowers, being lighter, quieter, and featuring convenient push-to-start buttons, offer distinct advantages. This trend is contributing significantly to the growing demand for electric equipment in the market. Additionally, the surge in landscaping and the growing popularity of outdoor recreational pursuits are pivotal drivers propelling the market demand for landscaping tools. With its focus on botanical aesthetics and horticultural design, landscaping finds extensive application in diverse settings like commercial complexes and private gardens. The use of groundskeeping equipment is prevalent in outdoor spaces and public parks, augmenting the need for landscaping tools. Furthermore, the burgeoning recognition of landscaping as a profession has sparked a significant demand for landscape architects, particularly in the United States, contributing substantially to the market's expansion. However, finding skilled labor for landscaping and yard maintenance can be challenging, especially in urban areas. This can limit demand for higher-end equipment that requires professional installation or operation. Moreover, new technologies, such as robotic mowers and battery-powered equipment, are making lawn and garden care easier and more convenient creating lucrative opportunities for the market.
North America is projected to hold the most prominent market share in the upcoming forecast period. North America's market dominance isn't just about fancy gadgets. Factors like well-developed infrastructure, high disposable incomes, and a large population with spacious yards contribute to the thriving demand for lawn and garden equipment. Additionally, the cultural emphasis on manicured lawns and pristine gardens fuels the need for powerful and efficient tools. Furthermore, North America's market dominance isn't just about fancy gadgets. Factors like well-developed infrastructure, high disposable incomes, and a large population with spacious yards contribute to the thriving demand for lawn and garden equipment. Additionally, the cultural emphasis on manicured lawns and pristine gardens fuels the need for powerful and efficient tools. However, Asia Pacific is the fastest emerging region, The growth of the power lawn and garden equipment market in the Asia Pacific region is driven by several factors, including the heightened focus on landscaping and gardening, the increasing adoption of advanced garden tools, and the notable presence of leading lawn tool manufacturers in countries like Australia, China, and India.
Report Coverage | Details |
---|---|
Market Size in 2022 | USD 76.96 Billion |
Market Size by 2030 | USD 128.12 Billion |
Growth Rate from 2023 to 2030 | CAGR of 6.6% |
Largest Market | North America |
No. of Pages | 255 |
Market Drivers |
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Market Segmentation | By Equipment Type, By Power, and By End-use |
Regional Scope | North America, Europe, Asia Pacific, and RoW |
The report on provides a detailed analysis of segments in the market based on Equipment Type, Power, and End-use.
· Residential
· Playgrounds
· Golf Courses
· Residential
· Playgrounds
· Golf Courses
· Residential
· Playgrounds
· Golf Courses
· ANDREAS STIHL AG & Co. KG
· BLACK+DECKER, Inc.
· Briggs & Stratton
· Deere & Company
· ECHO INCORPORATED
· Husqvarna AB
· Kohler Equipment
· makita.in
· MTD Products LLC
· Snow Joe, LLC
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the power lawn and garden equipment market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.