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| Lawn & Garden Equipment Market |
The Global Lawn & Garden Equipment Market Is Estimated To Be Valued At US$ 29.48 Bn In 2023 And Is Expected To Exhibit A CAGR Of 5.3% Over The Forecast Period 2023 To 2030, As Highlighted In A New Report Published By Coherent Market Insights.
Market Overview:
The Lawn & Garden Equipment Market Comprises Power And Hand Tools Required
For Gardening And Maintaining Lawns. These Include Lawnmowers, Trimmers, Chain
Saws And Others. Power Lawn & Garden Equipment Offers Benefits Such As Ease
Of Use And Time Savings For Landscaping Activities.
Market Key Trends:
One Of The Key Trends In The Lawn & Garden Equipment Market Is The Growing
Demand For Cordless Lawn Equipment. The Advantages Of Cordless Equipment Such
As Mobility And Ease Of Use Are Driving Their Adoption Over Gas-Powered
Alternatives. Manufacturers Are Focusing On Developing Compact And Lightweight
Cordless Lawnmowers, Trimmers And Other Tools With Improved Battery Lives To
Further Increase Their Popularity.
Segment Analysis
The Global Lawn & Garden Equipment Market Is Segmented Into Lawn Mowers,
Trimmers & Edgers, Snow Throwers And Others. The Lawn Mowers Segment
Dominated The Market In 2022 And Is Expected To Continue Its Dominance Over The
Forecast Period. Lawn Mowers Have Wide Applications In Both Residential And
Commercial/Professional Landscaping. Factors Such As Growing Housing
Construction And Increasing Participation In Outdoor Recreational Activities
Are Driving The Demand For Lawn Mowers.
Key Takeaways
The Global Lawn
& Garden Equipment Market Share Is Expected To Witness High Growth,
Exhibiting CAGR Of 5.3% Over The
Forecast Period, Due To Increasing Spending On Landscaping And Lawn Care
Activities.
Regional Analysis
North America Dominated The Global Market In 2022 And Is Expected To Continue
Its Dominance Over The Forecast Period. Countries Like The US And Canada Have
High Homeownerships Which Is Driving The Demand For Lawn Care Equipment. The
Asia Pacific Region Is Expected To Be The Fastest Growing Market Registering A CAGR
Of Over 6% Owing To Growing Construction Activities And Increasing Disposable
Income.
Key Players
Key Players Operating In The Lawn & Garden Equipment Market Are The Toro
Company, Kubota Corporation, Honda Motor Co., Husqvarna AB, Briggs & Stratton,
Deere & Company, MTD Products, Ariensco, Stihl, Emak S.P.A., AL-KO, Makita
Corporation, Robert Bosch, Stanley Black & Decker, Techtronic Industries, Yamabiko
Corporation, American Honda Motor Co., Generac Power Systems, Lawn-Boy Inc., AL-KO
Gardentech. The Toro Company Is One Of The Leading Players Dominating The
Market With Wide Product Portfolio And Global Presence.
Read More,
https://www.insightprobing.com/lawn-garden-equipment-market-trends-size-and-share-analysis/
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