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Global Electric String Trimmers Market Set for Significant Growth Through 2034
Electric String Trimmers Market
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Market Size and Growth
In 2023, the global electric string trimmers market was valued at US$ 506.0 million. With a projected compound annual growth rate (CAGR) of 5.4% from 2024 to 2034, the market is expected to reach US$ 901.6 million by 2034. This robust growth is fueled by increasing demand for sustainable gardening tools and advancements in high-performance rechargeable batteries.
Competitive Landscape
Key players in the market are focusing on developing innovative cordless products with improved battery efficiency. Companies like Ego Power+, The Toro Company, and Stanley Black & Decker are leading the charge with cutting-edge technologies. For instance, Ego Power+ offers battery-powered outdoor equipment using interchangeable 56-volt ARC lithium batteries with varying capacities. Additionally, manufacturers are aligning their strategies with sustainability goals, aiming to reduce greenhouse gas emissions and expand their battery-powered product portfolios.
Market Segmentation
Electric string trimmers can be segmented into two main types:
Corded Trimmers: These are cost-effective and suitable for smaller areas but lack the portability of cordless models.
Cordless Trimmers: Powered by rechargeable batteries, these trimmers offer flexibility and ease of use, making them ideal for diverse applications. However, their runtime depends on battery capacity, a challenge being addressed by ongoing technological advancements.
Regional Analysis
North America
North America dominated the market in 2023, driven by high expenditure on gardening and lawn care services. The U.S., a major contributor, has a strong gardening culture, with 55% of households maintaining gardens. The average garden produces approximately US$ 600 worth of food annually, underscoring the region's commitment to gardening.
Asia Pacific
Asia Pacific is a rapidly growing market, fueled by increasing gardening activities in countries like Australia and China. Rising environmental awareness and climate change concerns are prompting consumers to invest in sustainable gardening tools, further boosting the market.
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Market Trends
Shift to Sustainable Gardening: With growing concerns about carbon emissions, there is a shift towards eco-friendly gardening practices. Electric string trimmers, powered by renewable energy sources, are replacing gasoline-powered tools.
Advancements in Battery Technology: The adoption of lithium-ion batteries with higher voltage and ampere-hour (Ah) ratings is enhancing the performance of cordless trimmers, providing longer runtimes and better efficiency.
Urban Gardening and Community Gardens: The popularity of urban gardening, especially in community spaces, is contributing to increased demand for lightweight and portable gardening tools.
Future Outlook
The future of the electric string trimmers market looks promising, with sustained growth expected over the next decade. Key drivers include technological advancements in battery efficiency, increasing consumer preference for environmentally friendly tools, and growing awareness about sustainable gardening practices. Companies are likely to continue innovating, with a focus on reducing carbon footprints and offering cost-effective, high-performance products.
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