The growth in the power lawn and garden equipment market is driven by several factors. Firstly, the increasing trend of home gardening and landscaping as hobbies, spurred by more people spending time at home, is significantly boosting demand. Secondly, technological advancements, particularly in battery technology and smart features, are making equipment more efficient, user-friendly, and environmentally friendly, thereby attracting a larger consumer base. The rising awareness of the environmental impact of gasoline-powered equipment is also pushing consumers towards electric and battery-operated alternatives. Furthermore, the expansion of the DIY culture and the growing popularity of outdoor living spaces are encouraging more homeowners to invest in high-quality lawn and garden tools. The growth of e-commerce platforms is facilitating easier access to a wide range of products, allowing consumers to make informed purchasing decisions from the comfort of their homes. Finally, increased disposable incomes and the availability of advanced features at competitive prices are driving the market`s growth, ensuring that consumers have access to the latest in power lawn and garden equipment technology.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Electric Power Lawn and Garden Equipment segment, which is expected to reach US$45.5 Billion by 2030 with a CAGR of a 5.5%. The Battery Operated Lawn and Garden Equipment segment is also set to grow at 4.7% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $22.1 Billion in 2023, and China, forecasted to grow at an impressive 7.7% CAGR to reach $22.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Power Lawn and Garden Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Power Lawn and Garden Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Power Lawn and Garden Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Deere & Company, DEWALT Industrial Tool Co., Echo, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 46 Featured):
- Deere & Company
- DEWALT Industrial Tool Co.
- Echo, Inc.
- Emak SpA
- Makita Corporation
- American Lawn Mower Company
- Brinly-Hardy Co., Inc.
- Honda India Power Products Ltd.
- Husqvarna Group
- Briggs & Stratton Corporation
- Greenworks Tools, Inc.
- Ha-Ko Group
Table of Contents
Companies Mentioned
- Deere & Company
- DEWALT Industrial Tool Co.
- Echo, Inc.
- Emak SpA
- Makita Corporation
- American Lawn Mower Company
- Brinly-Hardy Co., Inc.
- Honda India Power Products Ltd.
- Husqvarna Group
- Briggs & Stratton Corporation
- Greenworks Tools, Inc.
- Ha-Ko Group
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 283 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 81.1 Billion |
Forecasted Market Value ( USD | $ 110.7 Billion |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |