Press release
Lawn and Garden Batteries Market Demand Key Growth Opportunities. Development and Forecasts to 2023-2032
Lawn and Garden Batteries Market is expected to reach US$ 298.21 Mn. by 2027 with a CAGR of 5.2%, during the forecast period.Increased demand for electric cordless lawn and garden tools is anticipated to drive the market for these products over the forecast period due to rising new residential construction and home improvement activities like redesigning and rebuilding lawn areas and gardens as well as high consumer spending capacity. h. Also, the benefits of well-maintained lawns and the growing awareness among people about the need to repair on-premises gardens and hedges that have been harmed by weather are factors anticipated to boost market expansion throughout the forecast period.
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The way that lawns are cut has transformed, thanks to lawn mower batteries. Originally, mowing tasks were carried out by hand or with the use of hand-guided mowers. Yet, the development of technology produced lightweight power lawn mowers and power batteries for lawn mowers. In hybrid lawn mowers, lawn mower batteries are a modified method that supplies the power required to cut the grass. Technology advancements have made it simple and time-saving.
Drivers/ Restrains
Lawn mower batteries are in great demand due to strict restrictions in every industry for the use of clean and renewable energy sources and sustainable development goals set by the international authorities. Governments are encouraging battery-powered lawn mowers for both private and public infrastructure, such as municipal gardens. The need for battery-based devices, which promote environmental preservation, is being driven by this very factor.
Nowadays, everyone prefers and ultimately demands aesthetics and green places. Green patios, gardens, and yards are becoming increasingly popular in both residential and business settings in urban and semi-urban locations. As more households with two incomes emerge, household purchasing power is rising. This element is very important. play a part in the rise in spending on landscaping at the home that meets aesthetic standards.
The majority of the global market for lawn mowers is shared by those driven by gas. Gas-powered lawn mowers are posing a threat to the clean, sustainable development of the environment since they significantly increase environmental pollution. But, battery-powered lawnmowers are beginning to show promise as a gas-powered lawnmower substitute. The need for lawn mower batteries will increase as more people switch to battery-powered lawn mowers to help reduce pollution. The market for lawn motors is also driven by the rising popularity of hybrid lawn mowers.
Market Segmentation
Global Lawn and Garden Batteries Market: Segmentations
Global Lawn and Garden Batteries Market: By Types
Li-ion
Lead-acid
Global Lawn and Garden Batteries Market: By Applications
Residential
Commercial
Global Lawn and Garden Batteries Market: Major Players
East Penn Manufacturing
Exide Technologies
Clarios Delkor Corporation
Trojan Battery
Yuasa Battery
Anhui Uplus Energy Technology
Harris Battery
Marshall Batteries
Yucell Industry
Super Start Batteries
Interstate Batteries
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Global Lawn and Garden Batteries Market: By Regions
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Lawn and Garden Batteries market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Lawn and Garden Batteries would help in identifying future applications in this market.
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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