New York 16 April 2019:
The report “Gardening
Equipment Market
Share, Size, Trends & Industry Analysis Report By Product Type (Hand Tools
(Shears & Snips, Hoe, Weeder and Others), Lawnmowers, Water Management
Equipment, Trimmers & Edgers, Others); By End-user (Commercial,
Residential); By Regions: Segment Forecast, 2017 - 2026” According to a new study published
by Polaris Market, the global gardening equipment market is anticipated to
reach USD 116.7 billion by 2026.
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The growth is highly driven by
growing adoption of gardening equipment by the commercial construction
industries as well as residential users. Moreover, innovations in technology to
save energy, time, and cost has resulted in emergence of new products such as robotic
lawnmowers, which are anticipated to provide new opportunities to the market.
Also, the demand for lawnmowers is witnessing growth by the landscaping
services in US, which is anticipated to play a major role for the growth of the
industry during the projected period. Also, the growth is anticipated to be
driven by their applications in the sports fields such as golf courses as well
as from the government sector for maintenance of public parks and other
government owned landscapes.
The market for gardening equipment
is mature and stable and is projected to remain highly attractive during the
forecast period. By product type segment, lawnmowers are anticipated to hold
the largest share throughout the forecast period. Furthermore, the segment will
also be the fastest growing segment. Moreover, the hand tools segment is
further sub-segmented into weeder, shear & snips, hoe, and other hand
tools. These tools are generally demanded by individuals to perform basic tasks
and as a part of their basic tool kit. One of the major driving factor for the
growth of hand tools segment is repeated purchases of these tools.
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The North America region is holding
the largest share of the gardening equipment market owing to high living
standards as well as availability of adequate garden space as well as strict government
rules for garden maintenance. Further, the Asia Pacific region is expected to
experience a high growth for the demand of hand tools. Funds by the government
along with consent of private firms for developing landscapes is fueling the
market growth. U.S., Canada, and Western European countries are majorly
contributing to the market.
Further, certain countries such as
US, Canada, and UK have strong garden and residential lawn cultures, which is
positively influencing the demand in these countries. Further, major share of
golf courses globally are also located in these countries. Additionally, Middle
East & Africa and Latin America is also anticipated to contribute to the
market share attributed to the constantly growing construction and infrastructure
sector of the region.
The key strategies adopted by
players is product innovation, which helps them to attract new customers and
fulfil end-user demand. The major players operating in the Gardening Equipment
include Briggs & Stratton, Ariens Company, Honda Power Equipment, Deere
& Company, Falcon Garden Tools, Husqvarna Group, Robert Bosch GmbH, Fiskars
Corporation, Toro and Robomow-Friendly robotics among others.
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Key
Segments:
Gardening
Equipment Market Size and Forecast by Product Type
·
Key
findings
·
Hand
Tools
·
Weeder
·
Shears
& Snips
·
Hoe
·
Other
Hand Tools
·
Lawnmowers
·
Water
Management Equipment
·
Trimmers
& edgers
·
Other
Equipments
Gardening
Equipment Market Size and Forecast by End-user
·
Key
findings
·
Commercial
·
Residential
Gardening
Equipment Market Size and Forecast by Regions
·
North
America [U.S., Canada]
·
Europe
[Germany, UK, France, Italy, Spain, Belgium, Netherlands, Rest of Europe]
·
Asia-Pacific
[China, India, Japan, South Korea, Singapore, Malaysia, Rest of Asia-Pacific]
·
Latin
America [ Brazil, Mexico, Argentina, Rest of Latin America]
·
Middle
East and Africa [Israel, South Africa, Saudi Arabia, UAE, Rest of MEA]
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About
Polaris Market Research
Polaris Market Research is a global
market research and consulting company. The company specializes in providing
exceptional market intelligence and in-depth business research services for our
clientele spread across different enterprises. We at Polaris are obliged to
serve our diverse customer base present across the industries of healthcare,
technology, semi-conductors and chemicals among various other industries present
around the world. We strive to provide our customers with updated information
on innovative technologies, high growth markets, emerging business environments
and latest business-centric applications, thereby helping them always to make
informed decisions and leverage new opportunities. Adept with a highly
competent, experienced and extremely qualified team of experts comprising SMEs,
analysts and consultants, we at Polaris endeavor to deliver value-added
business solutions to our customers.
Contact
us
Mr. Rohit
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
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