Lawn & Garden Equipment Market Scope
Lawn & garden equipment is used for various purposes such as shaping soil, removing weeds, clearing soil, and harvesting root crops. Lawn & garden equipment includes hand equipment and power equipment. The equipment includes gardening toolsets, grass shears, and garden twine & twist ties, garden fork, sprinkler, rake, pruning saw, and others.
According to AMA, the Global Lawn & Garden Equipment market is expected to see growth rate of 7.0%Global Lawn & Garden Equipment is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Lawn & Garden Equipment market throughout the predicted period.
Par Aide Products Co (United States), Golf City Products (United States), John Deere (United States), Josts Engineering Company Limited (India), Smithco Inc (United States), The Toro Company (United States), Kubota Australia Pty Ltd (Australia) and Cutter Equipment Co (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Cub Cadet (United States) and Husqvarna Group (Sweden).
Segmentation Overview
The study have segmented the market of Global Lawn & Garden Equipment market by Type (Ride-on Lawn Tractor, Electric Motor Lawn Mowers, Bunker Rake, Scarifier and Others), by Application (Lawns and Gardens) and Region with country level break-up.
On the basis of geography, the market of Lawn & Garden Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Consumer Focus towards easy Gardening Processes and Peoples Choices towards Innovative Gardening
Market Growth Drivers:
Ease of use and Quick Work Done
Challenges:
More Intense Competition in the Market and Lack of Skilled People
Restraints:
High Cost Associated with some Lawn & Garden Equipment and Volatile Raw Material Prices
Opportunities:
Rising Development of Land can create Opportunities for the Lawn & Garden Equipment Market Growth
Market Leaders and their Expansionary Development Strategies
In 2022, Bosch adds two more powerful garden gear to "36V power for all systems". The cordless lawn trimmer AdvancedGrassCut 36V-33 efficiently cuts overgrown grass and weed areas while the cordless fence cutter AdvancedHedgeCut 36V-65-28 easily forms thick hedges and thickets. One and the same 36V Li-ion battery and charger can power all the equipment in the system, from lawn mowers to leaf blowers. This allows consumers to save money, space and the environment. and In 2020, John Deere has acquired Unimil. The acquisition helps John Deere to deliver a bold evolution of business, reshaping the operating model and revolutionizing production systems in agriculture.
In 2021, AriensCo showcased its equipment lineup of battery- and gasoline-powered zero-turn mowers at SALTEX 2021 in the UK. The company also introduced the low-emission and low-noise battery-powered 'ZENITH E' and the conceptual stand-on mower 'ARROW'. and In 2018, John Deere has launched a new hydro bunker rake titled 1200H. 1200H offers the additional benefits of a hydrostatic transmission. The product provides excellent pulling and pushing power to deliver a premium, trouble-free finish whatever the application.
Key Target Audience
Lawn & Garden Equipment Manufacturers, Suppliers, and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.