Global Earth Auger Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Earth Auger Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

An earth auger is a device where a screw type conveyor acts on a solid or liquid to move it upward, or to otherwise manipulate the material. The common earth auger descends into the ground, and moves dirt up toward the surface. This kind of auger is attached to machines such as skid steer vehicles or other auger equipped vehicles.

Market Overview:

The latest research study on the global Earth Auger market finds that the global Earth Auger market reached a value of USD 458.04 million in 2022. It’s expected that the market will achieve USD 591.36 million by 2028, exhibiting a CAGR of 4.35% during the forecast period.

COVID-19 disease is spreading all over the world. infecting millions of people around the world, and major countries around the world have imposed embargoes and stop-work orders. With the exception of the medical supplies and life support products industries, most industries have been significantly affected, as has the earth auger industry.

Over the past year, the market has witnessed a decline in company sales and marketing activities, cancelled product launches, temporary business shutdowns and disruptions to supply chain and manufacturing activities. A considerable number of companies are still struggling due to manufacturing delays, which are mainly due to restrictions on raw materials and on-site labor. For some earth auger manufacturers, due to social distancing measures and supply chain delays, the crisis has slowed down product delivery and has had a certain impact on revenue.

With the gradual control of the epidemic, some factories began to resume operation. However, enterprises need to protect the life and health of employees while operating production, such as purchasing masks, disinfectants and other epidemic prevention materials, disinfecting the working environment before and after production, and testing the body temperature of employees every day to ensure their health. These measures will increase production costs and affect the development of enterprises.

Growing demand for landscaping services

The earth auger market is mainly driven by the growing demand by homeowners for landscaping services to make their homes aesthetically pleasing, as well as by commercial users to boost the appeal of their properties. In the landscaping industry, a wide range of outdoor power equipment, such as lawn mowers, hedge trimmers, blowers, and earth auger, are used in diverse landscaping activities that include lawn maintenance, hardscaping, tree care, lawn renovation, organic or natural lawn care, and snow removal. Thus, the growing inclination of homeowners in developed countries toward investing more time in outdoor and gardening activities is driving the demand for earth auger.

Safety regulations and strict trade policies

Earth auger equipment safety and regulatory compliance are critical issues for manufacturers as these tools are supplied worldwide. Domestic and international distribution channels and end users demand safety, reliability, and rigorous compliance with the existing and emerging safety standards. Hence, it is important for tool manufacturers to comply with these safety regulations. In addition to mandatory regulations, manufacturers also must address important concerns of retailers and consumers regarding quality and environmental sustainability. Additional regulations may address physical safety requirements, electromagnetic interference, operating noise levels, and product recycling issues.

Region Overview:

In 2021, the share of the Earth Auger market in North America stood at 28.18%.

Company Overview:

STIHL is one of the major players operating in the Earth Auger market, holding a share of 8.66% in 2022.

STIHL

Gasoline- and battery- powered chainsaws for professional, commercial, farm and consumer markets. Handheld outdoor power equipment and related products, including: gasoline- and battery-powered grass & weed trimmers, handheld and backpack blowers, hedge trimmers, edgers, extended-length hedge trimmers, pole pruners, brushcutters, earth augers, wood boring drills, monofilament trimmer line, and chainsaw guide bars.

ECHO

ECHO is a manufacturer of commercial, handheld outdoor power equipment - high quality products like chainsaws, trimmers, blowers and other power tools.

Segmentation Overview:

Among different product types, 2-Stroke segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Agriculture segment occupied the biggest share from 2017 to 2022.

Agriculture

Earth auger is a must-have tool for any professional excavator and can be used for digging holes in agriculture, planting vegetables and herbs, seedlings or fertilizing shrubs, water ventilation, weed control and root removal and much more.

Horticulture

Garden augers are usually handheld, lightweight, and are more affordable. These soil-digging augers are a brilliant way to dig fence post holes and plant bulbs, particularly in heavier soils. The garden auger is made of high-strength steel, which quickly cleans boreholes, takes less time than a shovel, and improves soil contact with roots.

Key Companies in the global Earth Auger market covered in Chapter 3:

Hegde Agro Impex Pvt Ltd
Glade
STIHL
YIKA INDUSTRY CO., LTD.
ECHO
Hunter Power Construction Tools Factory
Yung Chi Y.C. Industrial
ZHEJIANG WUCHUAN INDUSTRIAL CO.,LTD
Senmal Industry Co., Limited
Maax Engineering
MORI
ALTRAD Lescha Atika GmbH

In Chapter 4 and Chapter 14.2, on the basis of types, the Earth Auger market from 2018 to 2029 is primarily split into:

2-Stroke
4-Stroke
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Earth Auger market from 2018 to 2029 covers:

Agriculture
Horticulture
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)