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Snow Pusher Market 2024: Key Industry Trends and Growth Opportunities
Snow Pusher Market 2024
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According to The Business Research Company's, The snow pusher market size has grown steadily in recent years. It will grow from $2.6 billion in 2023 to $2.7 billion in 2024 at a compound annual growth rate (CAGR) of 3.9%. The growth in the historic period can be attributed to increased incidence of snowfall and harsh winter conditions, growth in urbanization and infrastructure development, need for efficient snow removal in residential and commercial areas, emphasis on road safety and accessibility during winter months safety and accessibility, demand from municipalities, airports, and commercial property owners, regulatory compliance and mandates for snow removal.
The snow pusher market size is expected to see steady growth in the next few years. It will grow to $3.21 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%. The growth in the forecast period can be attributed to adoption of environmentally-friendly snow removal solutions, expansion of winter tourism and skiing industry, research and development in autonomous snow removal technologies, need for quick response and timely snow clearing operations, emphasis on ergonomic designs and operator comfort in snow pushers, growth in demand for multi-functional snow pusher attachments. Major trends in the forecast period include telematics and gps integration, adjustable blade configurations, hydraulic and electric actuators, anti-icing and de-icing technologies, smart sensors for surface detection.
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Market Drivers and Trends:
The increase in accidents is expected to propel the snow pusher market going forward. An accident refers to an unfortunate incident that happens unexpectedly and unintentionally, which causes typical damage or injury. Due to heavy snowfall, roads will become slippery, and car tires' grip is very low, and there is a heavy chance of cars skidding. Snow pushers help to clear snow on roads and can avoid road accidents. For instance, in 2022, according to the National Safety Council, a US-based non-profit public service agency dedicated to improving health and safety, there were 813 deaths and 1,718 injuries as a result of 69,473 weather occurrences. There were 159 winter fatalities and 351 winter injuries.. Therefore, rising awareness about public safety is expected to propel the growth of the snow pusher market.
Technological advancements have emerged as the key trend gaining popularity in the snow pusher market. Major companies operating in the snow pusher market are focused on developing new technological solutions to improve road safety and enhance the infrastructure for cleaning the surfaces of the airport runway, railway tracks, roads, and walkways. For instance, in June 2022, SnowEx Products, a US-based manufacturing company of snow pushers and related equipment, launched the enhanced product line POWER PUSHER plows with the all-new TRACE edge technology. This system consists of two-foot portions that move vertically, sway, and bounce to accommodate curves and impediments in the plowable surface. The pushers also have a 3/4'' cutting edge with carbide insertions, making them tough enough for commercial use. Side plates that are self-level to maintain the TRACE edge in contact with the plowable surface.
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Major Key Players of the Market:
Craig Manufacturing Ltd., HLA Snow, Protech Manufacturing & Distribution Inc., Rockland Manufacturing Company, Avalanche Plow, Snow Wolf Plows, Rylind Manufacturing Inc., The Toro Company, Kage Innovation LLC, BD Manufacturing, The AMES Companies Inc., Husqvarna Group, Garant GP Inc., Fisher Engineering, Arctic Snow and Ice Control Products, Western Products, SnowEx, Sno-Way International Inc., Hiniker Company, Blizzard Snowplows, Henke Manufacturing Corporation, Reist Industries Inc., CPW Industries, Metal Pless Inc., Aebi Schmidt Holding AG, Epoke A/S
Snow Pusher Market 2024 Key Insights:
• The snow pusher market size is expected to see steady growth in the next few years. It will grow to $3.21 billion in 2028 at a compound annual growth rate (CAGR) of 4.4%.
• Increase In Accidents Dur To Snow Drives The Demand For Snow Pusher
• Technological Advancements In The Snow Pusher Market
• North America was the largest region in the snow pusher market in 2023
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