Energy & Power / Garden Equipment Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Husqvarna, Stihl, John Deere, MTD
Garden Equipment Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Husqvarna, Stihl, John Deere, MTD
It is anticipated that the garden equipment market will register a CAGR of 2.8% over the forecast period and will reach the market value of US$ 21520 million in the year 2027.
Garden Equipment Market Overview
Garden equipment is the equipment which are used in garden like hedge trimmers, leaf blowers, lawn mower. Chainsaw and brush cutters. In the coming future, it is expected that there will be an increasing demand for garden equipment in the APAC and Europe region. The factors that are expected to drive the market are increasing household used fields expenditures, launches of new products, renovation and retro-fitting of old technology and increasing adoption of garden technology. The consumption market of garden equipment is related to global economy and downstream industries. Even though, there are some uncertainties expected, the market still remains promising for the future.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Garden Equipment market to approach these areas. QYR analysis of the Garden Equipment market indicated that Europe would account for the higher revenue in 2022 with close to 58 percent of global sales value coming from this region, but Asia-Pacific has the higher growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Who are the Major Players in Garden Equipment Market?
The Garden Equipment Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, the prices they charge. These are the main players in this market includes Husqvarna, Stihl, John Deere, MTD, TORO, TTI, Honda, Blount, Craftsman, STIGA SpA, Briggs & Stratton, Stanley Black & Decker, Ariens, Makita, Hitachi, Greenworks, EMAK, Yamabiko, Zomax, Zhongjian, Worx
Recent Developments:
In January 21: Bosch launches garden tools in India: Bosch Ltd aims to corner a majority of India’s lawn and garden tool market which is presently estimated in the range of Rs 250-300 crore and is witnessing an annual growth rate of 25 per cent in recent times. The company, recently launched seven garden tool equipment in the Indian market in a bid to corner a larger share of this emerging market.
What are the major Applications, Types and Regions for Garden Equipment Market?
Garden Equipment Market is segmented based on the type, applications, companies and regions.
By Type, Garden Equipment Market has been segmented into
Lawn Mower
Chainsaw
Hedge Trimmers
Brush Cutters
Leaf Blowers
Others
By Application, Garden Equipment Market has been segmented into
Household Used
Commercial
Public Application
Regional Analysis of Garden Equipment Market:
The report offers in-depth assessment of the growth and other aspects of the Garden Equipment Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
Because of their market share and technology position of Garden Equipment, Europe, which occupied over 64% revenue market share in 2019, is exceptional in the APAC and Europe Garden Equipment industry. According to the Garden Equipment market, Europe will generate the most revenue in 2026, accounting for over 58 percent of global sales value, but Asia-Pacific will rise at a faster rate. Vendors realise the importance of this region, particularly in China, and are seeking to expand their sales and distribution networks in order to gain a foothold in this market.
Garden Equipment Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Garden Equipment Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Garden Equipment Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 2.8% over the forecast period (2022-2027)
By Type
Lawn Mower
Chainsaw
Hedge Trimmers
Brush Cutters
Leaf Blowers
Others
By Application
Household Used
Commercial
Public Application
By Companies
Husqvarna, Stihl, John Deere, MTD, TORO, TTI, Honda, Blount, Craftsman, STIGA SpA, Briggs & Stratton, Stanley Black & Decker, Ariens, Makita, Hitachi, Greenworks, EMAK, Yamabiko, Zomax, Zhongjian, Worx
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
137
Customization Available
Yes, the report can be customized as per your needs
Key Takeaways from this Garden Equipment Report
Evaluate Garden Equipment market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Garden Equipment market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Garden Equipment Market?
The Garden Equipment Market is growing at a CAGR of 2.8% over the next 5 years.
Who are the key players in Garden Equipment Market?
Husqvarna, Stihl, John Deere, MTD, TORO, TTI, Honda, Blount, Craftsman, STIGA SpA, Briggs & Stratton, Stanley Black & Decker, Ariens, Makita, Hitachi, Greenworks, EMAK, Yamabiko, Zomax, Zhongjian, Worx
What are the significant types of Garden Equipment Market?
What are the major end-use applications of Garden Equipment Market?
Household Used, Commercial, Public Application
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.