MARKET OVERVIEW
Garden tools for cutting, pruning, aligning, and maintaining the structure of lawns and gardens are known as lawn and garden equipment. Materials like aluminum, steel, and iron have been utilized to build lawn and garden equipment including lawnmowers, snow throwers, trimmers, and walkobehind mowers as science and technology has progressed. Automation and technology have an impact on the development of this equipment.
MARKET SCOPE
The "Global Lawn and Garden Equipment Market Analysis to 2028" is a specialized and inodepth study of the manufacturing and construction industry with a special focus on the global market trend analysis. The report aims to provide an overview of the lawn and garden equipment market with detailed market segmentation by product, power, end user, and geography. The report provides key statistics on the market status of the leading lawn and garden equipment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- On the basis of product, the market is segmented as blowers, chain saws, cutters and shredders, lawn mowers, and others.
- On the basis of power, the market is segmented as manual, electricopowered, and others.
- On the basis of end user, the market is segmented as residential, and commercial.
MARKET DYNAMICS
Drivers
- Rising Technological Advancement
- Rising Number of Golf Courses Globally
Restraints
- High Lawn Maintenance Cost
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, AsiaoPacific (APAC), the Middle East and Africa (MEA), and South America. The lawn and garden equipment market by each region is later subosegmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i. e. , drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the lawn and garden equipment market in these regions
IMPACT OF COVID-19 ON LAWN AND GARDEN EQUIPMENT MARKET
The outbreak of the COVID-19 has severely impacted the manufacturing, and construction industries, which resulted in lower production and sales of lawn and garden equipment in the year 2020. Few companies have already announced possible delays in product deliveries and future sales. Significant disruptions experienced by manufacturing and supplyochain operations as a result of various precautionary lockdowns, as well as other restrictions that were enforced by governing authorities severely impacted the market growth. However, as economies started to open in 2021, the market is expected to recover accordingly. Overall, the sales were down in 2020, while in the beginning of the 2021 market normalized the sale volume with an increase in construction and manufacturing of lawn and garden equipment.
MARKET PLAYERS
The report covers key developments in the lawn and garden equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from lawn and garden equipment market is anticipated to lucrative growth opportunities in the future with the rising demand for lawn and garden equipment in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the lawn and garden equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- American Honda Motor Co. , Inc.
- Ariens
- Briggs and Stratton Corporation
- Deere and Company
- Falcon Garden Tools
- Fiskars Group
- Husqvarna AB
- Robert Bosch Power Tools GmbH
- STIGA S. p. A
- The Toro Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.