The research analyst predicts the global cordless
garden tools market to grow steadily at a CAGR of 5% during the forecast
period. The rising need to add aesthetic appeal to residential and commercial
properties around the world is a key driver for the growth of this market.
Landscaping is believed to increase the value of a property by nearly 12%. The
unfavorable weather conditions such as floods, dry summers, and heavy snowfalls
create a demand for the repair of lawns, trees, hedges, and gardens, triggering
a need for cordless garden equipment.
New trends such as hybrid lawn mowers are also expected
to contribute to the market growth during the forecast period. Most electric
ride-on mowers have a low battery capacity and have run times of about an hour.
Hybrid mowers that have an onboard charging system can address this problem
efficiently. For instance, the Raven MPV-7100 has a 420 cc engine that powers
the onboard 7,100-watt generator. The generator powers the blades, outlets, and
charges the batteries. The power outlet can supply power to up to 5 outlets,
for 8 hours at half load on a full tank of gas.
Product
segmentation and analysis of the cordless garden tools market
- Lawnmower
- Chainsaw
- Trimmer and edger
- Brush cutter
- Leaf blower
- Others (snow blowers, shrub shears, grass shears, and accessories like battery and battery charger)
The lawn mower segment dominated the market during
2015, accounting for a market share of around 36%. Battery-powered lawn mowers
are portable, eco-friendly, and easy to start and maintain, thereby driving
their popularity. The report anticipates this segment to retain its market
leadership until the end of 2020. Geographical segmentation and analysis of the
cordless garden tools market
- APAC
- Europe
- North America
- ROW
North America accounted for 59% of the market share
during 2015 and is expected to grow at a CAGR of 5% during the forecast period.
The US is the market leader in this region. The increased production, import
and export, and consumption of wood in this region is the key driver for its
market dominance.
Competitive
landscape and key vendors
The cordless tools market is dominated by key
vendors. The competition among vendors is leading to the introduction of many
innovative and advanced products. The report anticipates the competitive
environment in the market to intensify further with an increase in
product/service extensions, technological innovations, and mergers and
acquisitions.
The leading
vendors in the market are -
- Husqvarna
- Deere & Co.
- MTD
- Toro
Other prominent vendors in the market include Briggs
& Stratton, Emak, GreenWorks Tools, Hitachi, Honda, Makita, Stanley Black
and Decker, STIHL, and Textron.
Key questions
answered in the report include
- What will the market size and the growth rate be in 2020
- What are the key factors driving the global cordless garden tools market
- What are the key market trends impacting the growth of the cordless garden tools market
- What are the challenges to market growth
- Who are the key vendors in this market space
- What are the market opportunities and threats faced by the vendors in the global cordless garden tools market
- Trending factors influencing the market shares of the APAC, Europe, North America and ROW
- What are the key outcomes of the five forces analysis of the cordless garden tools market
Spanning over 61 pages “Global Cordless Garden Equipment Market 2016-2020” report
covers Executive summary, Scope of the report, Market research methodology,
Introduction, Market landscape, Market segmentation by product, Geographical
segmentation, Market drivers, Impact of drivers, Market challenges, Impact of
drivers and challenges, Market trends, Vendor landscape, Other prominent
vendors, Other prominent vendors.
Find more information Visit at: http://mrr.cm/oXD
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