Lawn & Garden Equipment Market Overview: Size, Share, Growth, Key Drivers, Segmentation, Regional & Recent Trends

The Lawn & Garden Equipment Market has been expanding significantly in recent years, driven by various key factors. This report provides a comprehensive analysis of the market, including market size, trends, drivers and constraints, competitive aspects, and prospects for future growth.

Market Size & Growth:

The Lawn & Garden Equipment Market size reached a valuation of USD 29.58 billion in 2020.
The Lawn & Garden Equipment Market growth is projected to reach a valuation of USD 50.85 billion by 2028.
The Lawn & Garden Equipment Market share is expected to register a compound annual growth rate (CAGR) of 7.1% from 2020 to 2028.

Recent Key Trends:

AriensCo displayed its equipment line-up of battery and petrol-powered zero-turn mowers at SALTEX 2021 in England. The company also showcased its low emission and noise, battery-operated ‘ZENITH E’ and ‘ARROW’, a conceptual stand-on mower.
American Honda Motor Co., Inc. introduced ‘HRN Series’ of lawn mowers for residential applications. It offers a powerful GCV170 engine and optimizes grass cutting while streamlining maintenance and operation.

This Report includes a company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The data points provided are only related to the company's focus related to Lawn & Garden Equipment markets. Leading global Lawn & Garden Equipment market players and manufacturers are studied to give a brief idea about the competitions.

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Key Players:

Deere & Company (U.S.)
Husqvarna Group (Sweden)
Falcon Garden Tools Pvt. Ltd. (India)
Robert Bosch Power Tools GmbH (Germany)
American Honda Motor Co., Inc. (U.S.)
AriensCo (U.S.)
The Toro Company (U.S.)
Fiskars Group (Finland)
Stanley Black & Decker, Inc. (MTD Products Inc) (U.S.)
Emak S.p.A. (Italy)

Regional Trends:

North America: U.S., Canada, Mexico
Europe: Germany, U.K., France, Italy, Spain, Rest of Europe
Asia Pacific: China, Japan, India, South Korea, Australia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Rest of Latin America
Middle East & Africa: GCC Countries, South Africa, Rest of MEA

Highlights of Our Report

Our report offers extensive market analysis, providing a deep dive into manufacturing capabilities, production volumes, and technological innovations within the Lawn & Garden Equipment Market. It includes detailed corporate insights with in-depth reviews of company profiles, highlighting major players and their strategic moves in this competitive landscape. The report also examines consumption trends to shed light on current demand dynamics and consumer preferences. Comprehensive segmentation details illustrate the market’s distribution across various end-user segments, applications, and industries. In addition, there is a thorough pricing evaluation that explores pricing structures and the key factors influencing market strategies. Finally, the report presents a forward-looking outlook, offering predictive insights into emerging trends, growth opportunities, and potential challenges that may shape the market’s future.

Market Segmentation:

By Equipment Type

Lawn Mower
Chainsaws
Cutters and Shredders
Trimmers and Edgers
Others

By Power

Gas
Electric
Manual

By End-use

Residential
Playgrounds
Golf Courses

Key Drivers/ Restrains:

Drivers:Increasing consumer interest in gardening and outdoor activities, driving the demand for lawn and garden equipment for residential and commercial use.
Technological advancements in equipment design and functionality, such as battery-powered and smart lawn care tools, enhancing user convenience and efficiency.
Restraints:Seasonal demand fluctuations may impact sales and revenue stability in the lawn and garden equipment market.
High initial costs for advanced equipment and maintenance may deter budget-conscious consumers from purchasing premium products.

In Summary:

The lawn & garden equipment market is expanding as homeowners and landscaping professionals seek efficient, eco-friendly solutions. Battery-powered equipment, smart irrigation systems, and robotic lawn mowers are revolutionizing the sector. With increasing urbanization and interest in home gardening, demand for advanced gardening tools is expected to grow.

About Us:

Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.