Gardening Equipment Market is Expected to Witness Healthy Growth at 4.2% CAGR through 2022

The evolution of the global gardening equipment market is influenced by technology and automation.

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The rising demand for technologically-advanced and automated gardening tools among residential and commercial buyers is a key factor underpinning the steady evolution of the gardening equipment market. There has been rising use of automated tools for controlling weeds in commercial spaces such as public parks, sports fields, and golf courses.

In addition, the rising demand for automated water sprinklers in these avenues is also bolstering the expansion of the gardening equipment market. The substantial demand for robotic lawn mowers and GPS-enabled tools across residential users in the gardening equipment market is attributed to the benefits of increased convenience, lower cost, and time saving. Over the past few years, landscaping services has risen substantially in the gardening equipment market. This has received large fillip by governments in emerging economies.

The following insights and evaluations are worth knowing for any market participant, helping them in ascertaining the prevailing dynamics and the future trajectories of the Sport Protection Equipment Market. They are a part of the estimations of the opportunities in various segments. The additional new opportunities have turned the Sport Protection Equipment Market into a fragmented landscape with more entry-level players entering the market, thanks to low barriers for investments.

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The research report published by Fact.MR on the Sport Protection Equipment Market provides a detailed overview of the demands and consumptions of various products/services associated with the growth dynamics of the market during the forecast period. The in-depth market estimation of various opportunities in the segments is expressed in volumes and revenues. The insights and analytics on the Sport Protection Equipment market span several pages. These are covered in numerous sections, including, drivers and restraints, challenges and opportunities, regional segmentation and opportunity assessment, end-use/application prospects analysis, and competitive landscape assessment.

After reading the Sport Protection Equipment report, readers get insight into:
• Major drivers and restraining factors, opportunities and challenges, and the competitive landscape
• New, promising avenues in key regions
• New revenue streams for all players in emerging markets
• Focus and changing role of various regulatory agencies in bolstering new opportunities in various regions
• Demand and uptake patterns in key industries of the Sport Protection Equipment
• New research and development projects in new technologies in key regional markets
• Technologies and business models with disruptive potential

Regional analysis includes
• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
• EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
• CIS & Russia
• Japan
• Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)

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Some important questions that the Sport Protection Equipment report tries to answer exhaustively are:
• Key strategic moves by various players in the Sport Protection Equipment in recent years with respect to product launches, deals and tie-ups, and mergers and acquisitions, and divestment of shares
• Which strategies will enable top players in the Sport Protection Equipment to expand their geographic footprints
• Which new business models are expected to change the course of growth of key regional markets in near future
• Which technologies will witness most attractive research investments and what will be the key sources of funding for startups and new entrants
• Which products segments have in recent years have seen new, lucrative application areas

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Fact.MR foresees the global gardening equipment market to rise at a 4.2% CAGR between 2017 and 2022. The global gardening equipment market could face challenges due to the rising inclination toward the maintenance of garden patches and indoor plants observed in both the residential and commercial sectors. However, the penetration of social media, smart devices, and smart applications in the global gardening equipment market is anticipated to create a whole lot of opportunities in the coming years. Moreover, horticulture is considered as a commonly adopted leisure-time activity, especially among the aged. This could also push the demand in the global gardening equipment market.
By distribution channel, the authors of the Fact.MR report have classified the global gardening equipment market into distribution sales, retail sales, and online sales. Among these, retail sales are foretold to secure a colossal share of the global gardening equipment market. By the final forecast year, this segment could collect more than a US$14.0 bn. It could be followed by online sales for the next few years. Established players may focus on product innovation to differentiate themselves from local manufacturers. This strategy could also help them to achieve a position of strength in the global gardening equipment market.

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