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Innovation In The Power Lawn And Garden Equipment Market Trend: A Crucial Influence on the Power Lawn and Garden Equipment Market's Transformation in 2025
What Is the Expected Size and Growth Rate of the Power Lawn and Garden Equipment Market?The power lawn and garden equipment market has grown significantly in recent years. It will rise from $84.74 billion in 2024 to $91.02 billion in 2025, at a CAGR of 7.4%. The growth is driven by increasing awareness of outdoor living, rapid urbanization, rising demand for landscape services, the need for automated tools, and higher population growth leading to denser housing.
The power lawn and garden equipment market is anticipated to grow steadily, reaching $114.32 billion in 2029 at a CAGR of 5.9%. Growth drivers include the rise of e-commerce, DIY culture, weather and seasonal changes, shifting consumer lifestyles, and outdoor recreational activities. Trends include increased adoption of battery-powered equipment, smart technology integration, urban gardening solutions, user-friendly designs, and innovations in robotic lawn care.
What Factors Are Fueling Growth in the Power Lawn and Garden Equipment Market?
The rise in homeownership is projected to fuel the growth of the power lawn and garden equipment market. Homeownership refers to the state of owning a residential property. Power lawn and garden equipment assist homeowners in maintaining and enhancing their outdoor spaces, contributing to the aesthetic appeal and upkeep of their properties. For instance, in March 2023, the Office for National Statistics, a UK-based governmental body, reported that the number of households in the UK reached 28.3 million in 2023, reflecting a 0.7% rise from 28.1 million in 2022. Additionally, the number of families in the UK increased to 19.4 million in 2022. Therefore, the growing trend of homeownership is bolstering the power lawn and garden equipment market.
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Which Leading Companies Are Shaping the Growth of the Power Lawn and Garden Equipment Market?
Major companies operating in the power lawn and garden equipment market report are Honda Motor Co. Ltd., Hitachi Ltd., Deere and Company, Craftsman Automation, Andreas Stihl AG, Black+Decker,Inc., Textron Inc., McLane, Makita Corporation, Kohler Co., The Toro Company, TTI Inc., MTD Products Inc., Briggs & Stratton Corporation, Husqvarna AB, Blount International Inc., Worx, STIHL USA, EMAK, Ariens Company, Echo Inc., Brinly-Hardy, American Lawn Mower Co., MAT Engine Technologies LLC, Snow Joe LLc, Sun Joe, Talon, ZHONGJIAN
What Are the Major Trends Shaping the Power Lawn and Garden Equipment Market?
Major companies in the on-call scheduling software sector are developing intelligent and efficient solutions like clinician scheduling tools to maintain a competitive edge. These solutions streamline workforce management within healthcare organizations by optimizing schedules for physicians, nurses, and other medical professionals. For example, in November 2023, Panda Health, a U.S.-based digital health company, introduced clinician scheduling software designed for both acute and ambulatory healthcare settings. This platform enhances scheduling efficiency, facilitates communication among healthcare teams, and improves operational workflows. Equipped with advanced algorithms, the software maximizes physician capacity, ensuring timely patient care and optimized resource allocation.
What Are the Key Segments of the Power Lawn and Garden Equipment Market?
The power lawn and garden equipment market covered in this report is segmented -
1) By Type: Lawnmowers, Turf And Grounds Equipment, Trimmers And Edgers
2) By Distribution Channel: Direct, Indirect
3) By Application: Household Use, Commercial, Public Application
Subsegments:
1) By Lawnmowers: Gas-Powered Lawnmowers, Electric Lawnmowers, Robotic Lawnmowers, Reel Lawnmowers
2) By Turf And Grounds Equipment: Ride-On Mowers, Lawn Tractors, Zero-Turn Mowers, Aerators And Dethatchers
3) By Trimmers And Edgers: String Trimmers, Brush Cutters, Edgers, Hedge Trimmers
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Which Region Dominates the Power Lawn and Garden Equipment Market?
North America was the largest region in the power lawn and garden equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the power lawn and garden equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Power Lawn and Garden Equipment Global Market Report?
- Market Size Analysis: Analyze the Power Lawn and Garden Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Power Lawn and Garden Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Power Lawn and Garden Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Power Lawn and Garden Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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