Market Research Report
Power Lawn and Garden Equipment - Global Market Outlook (2017-2026)
|Published by||Stratistics Market Research Consulting||Product code||652717|
|Published||Content info||163 Pages
Delivery time: 2-3 business days
|Power Lawn and Garden Equipment - Global Market Outlook (2017-2026)|
|Published: May 1, 2018||Content info: 163 Pages||
According to Stratistics MRC, the Global Power Lawn and Garden Equipment market is accounted for $65225.12 million in 2017 and is expected to reach $101,652.43 million by 2026 growing at a CAGR of 5.0%. Rising indulgence in garden parties, economic stimulation and rebound of home remodeling activities are some key factors influencing the market growth However, disruptions in retail market for garden products and unfavorable natural calamities are some issues restricting the market growth.
Power lawn and garden equipment are used to keep a healthy lawn. Proper irrigation, fertilizing, mowing and thatch control provide a healthy, dense, and high quality lawn. The power lawn has witnessed transition from the traditional hand-guided mowers to the automatic electric mowers. Manufacturers of power lawn and garden equipment are increasingly incorporating advanced technologies to improve productivity and income.
Amongst application, residential segment is likely to witness highest share over the forecast period, due to increasing number of single family homes and capability for flexible purchase of garden products in developed. Asia Pacific will be the major revenue contributor to the Power Lawn and Garden Equipment market throughout the forecast period due to Lifestyle upgrades leading to increased indulgence in outdoor living and an increasing number of consumers in metropolitan areas opting for gardening as a leisure activity are key factors behind the growth of this regional market.
Some of the key players in global Power Lawn and Garden Equipment market include ECHO INCORPORATED, Husqvarna AB, MTD Products Incorporated, Deere & Company, Kohler Co., Briggs & Stratton, Snow Joe, LLC, Makita Corporation, ANDREAS STIHL AG & Co. KG, Textron Incorporated, Toro Company and BLACK+DECKER Inc.