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A service for energy industry professionals · Wednesday, December 18, 2024 · 770,001,742 Articles · 3+ Million Readers

Power Lawn and Garden Equipment Market Size Will Estimated to Cross Value of USD 135.4 Bn by 2031, TMR Study

The Power Lawn and Garden Equipment market size is projected to grow at a CAGR of 6.5% from 2023 to 2031 and reach US$ 135.4 Bn by the end of 2031.

The Power Lawn and Garden Equipment market size is projected to grow at a CAGR of 6.5% from 2023 to 2031 and reach US$ 135.4 Bn by the end of 2031.”
— Transparency Market Research
WILMINGTON, DE, UNITED STATES, December 18, 2024 /EINPresswire.com/ -- The power lawn and garden equipment market is a dynamic and rapidly growing sector within the broader tools and machinery industry. This market focuses on equipment designed for landscaping, gardening, and maintaining outdoor spaces. It encompasses a wide range of products, including lawnmowers, trimmers, blowers, chainsaws, and other powered tools used for residential, commercial, and industrial applications. The Power Lawn and Garden Equipment market size is projected to grow at a CAGR of 6.5% from 2023 to 2031 and reach US$ 135.4 Bn by the end of 2031.

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Market Overview

The power lawn and garden equipment market is segmented by product type, power source, application, and geography. Product categories include lawnmowers, trimmers and edgers, blowers, chainsaws, and tillers. Power sources are divided into electric (corded and cordless) and gas-powered equipment. Applications range from residential to commercial and industrial use.

Key Drivers of Growth

Urbanization and Expanding Green Spaces
Urban development has increased the demand for well-maintained gardens, parks, and green spaces, driving the adoption of power lawn and garden equipment.

Rising Disposable Incomes
Higher disposable incomes enable consumers to invest in advanced gardening tools and landscaping services, particularly in developed and emerging markets.

Popularity of DIY Gardening
The growing interest in home improvement and gardening as a hobby has led to increased demand for user-friendly and efficient power tools.

Technological Advancements
The development of battery-powered and robotic equipment has improved convenience, efficiency, and environmental performance, appealing to eco-conscious consumers.

Commercial Landscaping Services
The expansion of commercial landscaping services, particularly for corporate and public spaces, is boosting demand for durable and high-performance lawn and garden equipment.

Government Initiatives on Urban Greening
Government initiatives to promote urban greening and sustainability have created opportunities for the adoption of advanced gardening tools and equipment.

Top Companies:

ANDREAS STIHL AG & Co. KG
BLACK+DECKER, Inc.
Briggs & Stratton.
Deere & Company
ECHO INCORPORATED
Husqvarna AB
Kohler Co.
Makita Corporation
MTD Products Incorporated
Snow Joe, LLC

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Recent Trends

Rise of Battery-powered Equipment
The shift from gas-powered to battery-powered tools is accelerating due to their lower environmental impact, reduced noise levels, and ease of use.

Emergence of Robotic Lawn Equipment
Robotic lawnmowers and automated garden tools are gaining popularity, particularly in residential markets, due to their efficiency and convenience.

Integration of Smart Technology
Smart lawn and garden equipment with features like IoT connectivity, app control, and GPS tracking is becoming increasingly common.

Sustainability and Eco-friendly Products
Manufacturers are focusing on eco-friendly designs, such as electric and hybrid equipment, to reduce emissions and energy consumption.

Customization and Multi-functionality
Consumers are showing preference for versatile tools that offer multiple functions and can adapt to different gardening tasks.

Market Segmentation

Equipment Type

Mower
Riding (Garden / Turf Tractor)
Non-riding
Trimmer and Edger
Wire Blade Trimmer
Fixed Blade Trimmer
Hedge Trimmer
Snow Thrower / Blower
Single Stage
Dual Stage
Rotary Tiller
Blower and Vacuum / Sweeper
Others (Sprayer, Sprinkler, etc.)

Application

Residential
Commercial

Price

Low
Medium
High

Distribution Channel

Direct
Indirect

Power
Gas
Electric
Battery Operated
Manual

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Regions

North America
Europe
Asia Pacific
Middle East & Africa
South America

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About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Atil Chaudhari
Transparency Market Research Inc.
+ +1 518-618-1030
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