Global Lawn and Garden Equipment Market to Grow at a CAGR of 6.2% by 2028 - Digital Journal

2022-08-08 16:03:38 By : Ms. Amanda Xinhe

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According to the latest research by SkyQuest Technology, the Global Lawn and Garden Equipment Market was valued at US$ 76.2 billion in 2021, and it is expected to reach a market size of US$ 116.09 billion by 2028, at a CAGR of 6.2 % over the forecast period 2022–2028. The research provides up-to-date lawn and garden equipment market analysis of the current market landscape, latest trends, drivers, and overall market environment.

Lawn and garden equipment refers to implements used for trimming, lining up, cutting, and maintaining the lawn and garden structure. The invention of this equipment was prompted by the growing need for automated and high-tech garden equipment on golf courses, playgrounds, and residential properties. The high density of golf courses and the rapidly growing number of activities involved in course maintenance are the key growth drivers for the use of lawn and garden equipment. Golf is currently played in 206 of the world’s 251 countries and dependent territories, according to the National Golf Foundation. There is a nine-hole course on Christmas Island that is part of it. Worldwide, there are more than 38,000 golf courses, which are dispersed throughout 82 percent of the country.

It is anticipated that as golfers participate in more athletic activities, the volume share of Lawn and Garden Equipment  would rise. The age group of older individuals, which is growing, will promote tournaments that require routine golf course upkeep. Gas-powered tractors and lawn mowers may be an effective & practical alternative to golf clubs for mowing and cutting grass. A total of 106 million people is reportedly interested in golf. This is expected to boost the growth of the global lawn and garden equipment during the forecast period.

The need for electric-powered chainsaws, lawnmowers, and other equipment is likely to enhance the demand for gardening tools globally. Many countries, including the United States, the United Kingdom, Germany, Japan, India, Australia, and others, are placing a lot of focus on supplying electric equipment in response to the issues with noise and the environment.

Click Here to Download and Understand Latest Key Trends:

https://skyquestt.com/sample-request/lawn-garden-equipment-market

Read Market Research Report, “Global Lawn and Garden Equipment  Market By Type (Lawn Mowers, Chainsaws, Cutters & Shredders, Trimmers and Edgers, Others), Power (Manual, Electric, Gas), End User (Residential, Playgrounds, Golf Courses), and Region —Forecast And Analysis 2022–2028” By Skyquest

The lawn mowers segment dominated the lawn and garden equipment market in 2021. During 2022 2028, the category for lawn mowers will have the highest CAGR. It is a result of the widespread use of athletic fields and backyards for home maintenance. The estimated 5 million manual lawn mowers sold yearly in the US, the bulk of which are made by American businesses, are expanding at a quicker rate. More than 6 million gas-powered walk-behind lawn mowers have already been brought to the market, according to a survey. These mowers are being developed with IoT by renowned manufacturers as well. Lawnmower from John Deere with zero turns. The first step in getting the most out of your machine is to have a strong engine that can do just about everything.

Trimmers and edgers have the second-highest growth rate in the global Lawn and Garden Equipment  market since they are used in almost all gardening processes. When the garden has to be correctly shaped, these tools are extremely helpful. Chainsaws, cutters, shredders, and other tools would see a large growth throughout the forecasted period for the lawn and garden equipment industry. Due to its speed, chainsaw use is becoming more and more common in the sector. For instance, the STIHL MSA 300, which launched in mid-March 2022, is now the strongest battery-operated chainsaw on the market. Thanks to its varied performance, chainsaw activities in noise-sensitive areas may now assume new dimensions.

The electric-powered sector, which had the largest market share in the global lawn and garden equipment market in 2021 owing to rising concerns about global warming and fuel emissions. The global market is also growing as a result of the increased green energy activities. It was projected that North American manufacturers will sell more than 16 million pieces of electric-powered lawn equipment in 2020, up from just over 9 million in 2015. Additionally, throughout that time, the market share of electric lawn equipment rose from around 32% to 44%.

The prominent market players are constantly adopting various innovation and growth strategies to capture more market share. The key market players are Deere & Company, Husqvarna Group, Falcon Garden Tools Pvt. Ltd., Robert Bosch Power Tools GmbH, American Honda Motor Co., Inc., AriensCo, The Toro Company, Fiskars Group, Stanley Black & Decker, Inc. (MTD Products Inc), Emak S.p.A. among others.

The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about Lawn and Garden Equipment  Market Revenue. The projections featured in the report have been derived using proven research methodologies and assumptions.

Speak with our analyst for more information:

https://skyquestt.com/speak-with-analyst/lawn-garden-equipment-market

What does this Report Deliver?

SkyQuest has segmented the Global Lawn and Garden Equipment  Market based on Type, Power, End User, and Region:

Key Players In The Global Lawn and Garden Equipment  Market

SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.

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