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Leading Element Driving Change in the Turf Equipment Market in 2025: Increasing Popularity Of Golf Is Driving The Growth Of The Turf Equipment Market Driver
Which drivers are expected to have the greatest impact on the over the turf equipment market's growth?The growth of the turf equipment market is being spurred on by the rising popularity of golf. Golf's appeal can be linked to its accessibility as a leisurely activity and the health advantages it offers, allowing for the resumption of outdoor activities ahead of other sports. Turf equipment contributes to the game of golf by preserving the condition and quality of the course, facilitating seamless play and boosting the overall golfing experience through operations like mowing, aerating, and fertilizing the greens and fairways. For example, in April 2022, a report from Fairways Mixed Golf, a UK-based organization that arranges golf holidays and events, revealed that membership numbers at affiliated English golf clubs shot up to 737,021, representing an increase of 89,797 players and a growth rate of 13.9% in comparison to the 647,224 members noted in February 2021. Thus, the escalating popularity of golf is fueling the expansion of the turf equipment market.
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What is the future CAGR of the turf equipment market, and how will it impact industry expansion?
There has been substantial growth in the turf equipment market in the previous years. It is forecasted that the market will escalate from $25.24 billion in 2024 to $26.54 billion in 2025, marking a compound annual growth rate (CAGR) of 5.1%. The precedent growth in this period is linked to heightened worry about environmental sustainability, a surge in demand for environmentally friendly and energy-saving solutions, growing consciousness of lawn maintenance, escalating sports activities, and increased communal and municipal events.
The market for turf equipment is projected to experience consistent expansion in the coming years, reaching a value of $32.05 billion in 2029 with a compound annual growth rate (CAGR) of 4.8%. Factors contributing to the growth during the forecast period include urbanization and developmental projects, the expansion of the golf industry, shifting consumer tastes, the growth of commercial landscaping services, and financial incentives and subsidies. Key trends expected during the forecast period are sophisticated cutting systems, improved ergonomics, innovation in hydrostatic drive systems, advanced aeration technologies, and modular equipment design.
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What are the most significant trends transforming the turf equipment market today?
The focus of leading corporations in the turf equipment industry is on creating innovative solutions like high-performance multifunctional aerators to increase productivity and streamline operations. These high-performance multifunctional aerators are sophisticated machines designed to maximize soil aeration and promote turf health. For instance, in January 2024, commercial lawn care equipment manufacturer, Z Turf Equipment in the US, introduced a new product called the Z-Aerate 50 Aerator. This is a new stand-on aerator intended to improve productivity in lawn care. It boasts unique features such as a robust 25 HP Kohler Command Pro engine, a 50-inch, 12-row aeration head that can aerate up to four acres per hour, and an integrated spreader with a capacity of 150 pounds. All these features are specifically designed to boost productivity and maneuverability around different landscape characteristics.
Which key market segments comprise the turf equipment market and drive its revenue growth?
The turf equipment market covered in this report is segmented -
1) By Type: Maneuvering, Non-Maneuvering
2) By Equipment Type: Walk-Behind Mowers, Ride-On Mowers, Rough Cut Mowers, Trimmers, Edgers, Other Equipment
3) By Power Source: Electric, Gasoline, Diesel, Battery, Other Power Sources
4) By Application: Golf Courses, Sports Fields, Parks And Recreational Areas, Residential Landscapes, Commercial Landscapes, Other Applications
Subsegments:
1) By Maneuvering Equipment: Ride-On Mowers, Walk-Behind Mowers, Tractors, Utility Vehicles, Aerators, Edgers
2) By Non-Maneuvering Equipment: Rotary Mowers, Sod Cutters, Spreaders, Cultivators, Turf Rollers, Vertical Mowers
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What regions are at the forefront of turf equipment market expansion?
North America was the largest region in the turf equipment market in 2024. The regions covered in the turf equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the turf equipment market?
Major companies operating in the turf equipment market are Deere & Company, CNH Industrial America LLC, Kubota Corporation, Stanley Black & Decker Inc., Yanmar Holdings Co Ltd., CLAAS KGaA GmbH, Husqvarna Group, The Toro Company, Andreas Stihl AG & Co. KG, Emak S.p.A., Ariens Company, Greenworks Commercial, Billy Goat Industries Inc., Brinly-Hardy Company Inc., Smithco Inc., Harper Turf Equipment Company Inc., Broyhill Inc., Hustler Turf Equipment, Redexim North America Inc., Salsco Inc., Ferris Industries Inc., True-Surface Inc., Z Turf Equipment LLC
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What Is Covered In The Turf Equipment Global Market Report?
•Market Size Forecast: Examine the turf equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the turf equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the turf equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the turf equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the turf equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the turf equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the turf equipment market.
•Competitive Landscape: Review strategic developments in the turf equipment market, including expansions, agreements, and new product launches.
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