Power Lawn and Garden Equipment

Power Lawn and Garden Equipment

Global Power Lawn and Garden Equipment Market to Reach US$110.7 Billion by 2030

The global market for Power Lawn and Garden Equipment estimated at US$81.1 Billion in the year 2023, is expected to reach US$110.7 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2023-2030. Electric Power Equipment, one of the segments analyzed in the report, is expected to record a 5.5% CAGR and reach US$45.5 Billion by the end of the analysis period. Growth in the Battery Operated Equipment segment is estimated at 4.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$22.1 Billion While China is Forecast to Grow at 7.7% CAGR

The Power Lawn and Garden Equipment market in the U.S. is estimated at US$22.1 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$22.8 Billion by the year 2030 trailing a CAGR of 7.7% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.6% and 4.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.

Global Power Lawn and Garden Equipment Market - Key Trends and Drivers Summarized

Power lawn and garden equipment have become essential tools for homeowners, landscapers, and garden enthusiasts, providing efficiency and ease in maintaining lawns, gardens, and other green spaces. This category encompasses a wide range of products, including lawn mowers, trimmers, blowers, chainsaws, and hedge cutters. These tools are designed to handle various gardening tasks with minimal physical effort, thereby saving time and enhancing productivity. The market offers both gasoline-powered and electric models, with battery-powered options gaining popularity due to their convenience and environmental benefits. The evolution of power lawn and garden equipment has significantly improved their performance, making them more user-friendly and accessible to a broader audience.

Recent technological advancements have profoundly impacted the power lawn and garden equipment market. Innovations such as lithium-ion batteries have extended the runtime and power of cordless equipment, making them a viable alternative to traditional gasoline-powered tools. Additionally, smart technology integration allows users to operate and monitor their equipment remotely through mobile apps, enhancing convenience and efficiency. Features like automated mowers and robotic lawnmowers are becoming increasingly popular, providing hands-free lawn maintenance. The emphasis on reducing noise and emissions has also led to the development of quieter, more eco-friendly models. These advancements are not only improving the functionality and user experience but also contributing to the sustainability goals of environmentally conscious consumers.

The growth in the power lawn and garden equipment market is driven by several factors. Firstly, the increasing trend of home gardening and landscaping as hobbies, spurred by more people spending time at home, is significantly boosting demand. Secondly, technological advancements, particularly in battery technology and smart features, are making equipment more efficient, user-friendly, and environmentally friendly, thereby attracting a larger consumer base. The rising awareness of the environmental impact of gasoline-powered equipment is also pushing consumers towards electric and battery-operated alternatives. Furthermore, the expansion of the DIY culture and the growing popularity of outdoor living spaces are encouraging more homeowners to invest in high-quality lawn and garden tools. The growth of e-commerce platforms is facilitating easier access to a wide range of products, allowing consumers to make informed purchasing decisions from the comfort of their homes. Finally, increased disposable incomes and the availability of advanced features at competitive prices are driving the market`s growth, ensuring that consumers have access to the latest in power lawn and garden equipment technology.

Select Competitors (Total 46 Featured) -

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.