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U.S.
Gardening Equipment Market by product, 2014 - 2025 (USD Billion)
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The global gardening equipment market is
expected to reach USD 102.3 billion by 2025, according to a new report by Grand
View Research, Inc. Mounting investments in the novel gardening tools to
replace the old equipment is expected to be a major factor spurring market
growth. The rising housing activity capacity to meet the ever growing
population’s demand is estimated to act as a key driver augmenting growth.
Never the less, the seasonal variation witnessed by the manufacturers is
estimated to challenge the industry over the near future.
The global gardening equipment market is
anticipated to witness high growth over the forecast period. This may be
accredited to the advent of technologically advanced products such as battery
powered hand tools and robotic lawnmowers. Further, remote controlled and
GPS-equipped lawnmowers are expected to gain traction in the near future,
thereby spurring equipment sales.The rising espousal of gardening as a hobby is
expected to further catapult equipment market growth over the next nine years.
Full Research
Report On Gardening Equipment
Market Analysis:
http://www.grandviewresearch.com/industry-analysis/gardening-equipment-market
http://www.grandviewresearch.com/industry-analysis/gardening-equipment-market
Further key findings from the report suggest:
·
The lawnmowers segment captured
over 30% of the total revenue in 2015 and is projected to exhibit a significant
growth at a CAGR of over 4.0% from 2016 to 2025, whichis attributed to their
extensive usage in the commercial complexes such asshopping centers, hospitals,
churches and public parks.
·
On account of the wide scope of
purposes gardening equipment serve in trimming, cutting and shaping the plants
& shrubs at the residential complexes, the residential segment is expected
to gain prominence over the forecast period withan estimated CAGR
exceeding2.0%.
·
Asia Pacific emerged as the
fastest growing market and is expected to grow at a healthy compound annual
growth rate of over 3.0%, which is primarily due to the improved social
lifestyle of the escalating base of wealthy middle-class population in the
region.
·
The key purveyors in this industry
comprise Deere & Company, Toro, Bosch Power Tools, MTD Products, Honda and
Husqvarna Group, as the international players hold a strong foothold in the
market making it difficult for the local suppliers to compete.
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/hvac-and-construction-technologies
Grand View Research has segmented the
global gardening equipment market on the basis ofproduct, end-use,and region:
Gardening Equipment Product Outlook (Revenue, USD
Billion; 2014 - 2025)
·
Hand Tools
o Weeder
o Cape Cod Weeder
o Paving Weeder
o Fishtail Weeder
o Hoe
o Shears & Snips
o Others
·
Lawnmowers
·
Trimmers & Edgers
·
Water management Equipment
·
Others
Gardening Equipment End-Use Outlook (Revenue, USD
Billion; 2014 - 2025)
·
Residential
·
Commercial/Government
Gardening Equipment Regional Outlook (Revenue, USD
Billion; 2014 - 2025)
·
North America
o U.S.
o Canada
·
Europe
o U.K
o Germany
o France
o Italy
o Netherlands
o Denmark
o Finland
o Spain
·
Asia Pacific
o China
o India
o Japan
·
Latin America
o Brazil
o Mexico
·
Middle East & Africa
Access Full Press Release of this
Report:
https://www.grandviewresearch.com/press-release/global-gardening-equipment-market
https://www.grandviewresearch.com/press-release/global-gardening-equipment-market
Grand View
Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
