Press release
Commercial Turf Equipment Market Set to Reach $8.6 Billion by 2029 with 5.5% Yearly Growth
Commercial Turf Equipment
The increasing participation in sports activities is expected to drive the growth of the commercial turf equipment market. As more people engage in sports, there is a greater need for equipment that maintains optimal playing surfaces for safety and performance. With an increase in the number of individuals participating in sports, particularly in the U.S., the market for commercial turf equipment is expected to grow.
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What Is the projected market size and growth rate for the commercial turf equipment market?
The commercial turf equipment market has grown steadily. It is projected to rise from $6.53 billion in 2024 to $6.91 billion in 2025 at a CAGR of 5.8%. Key growth factors include rising disposable incomes, expansion in the parks and recreation sector, overall economic growth, increasing property values, and the expansion of sports leagues requiring well-maintained turf.
The commercial turf equipment market is projected to grow significantly, reaching $8.56 billion by 2029 at a CAGR of 5.5%. Growth drivers include the rise of commercial landscaping projects, increasing urbanization, expansion of golf courses and recreational facilities, heightened awareness of turf health, and an increase in sports facilities. Notable trends in this market include innovations in GPS and autonomous systems, advancements in turf technology, a growing demand for sustainable practices, increasing reliance on professional turf management services, and the adoption of smart equipment.
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What new trends are reshaping the commercial turf equipment market and its opportunities?
In the commercial turf equipment market, companies are developing spreader sprayers for efficient application of fertilizers and chemicals. For instance, in March 2024, Turfco launched the T3200 spreader sprayer, which fits through a 36-inch gate and covers up to 140,000 square feet per fill. This equipment ensures precise chemical application with low maintenance and reduced turf damage.
What major market segments define the scope and growth of the commercial turf equipment market?
The commercial turf equipmentmarket covered in this report is segmented -
1) By Products: Mowers, Turf Tractors, Aerators, Turf Sprayers, Bunker Rakes, Other Products
2) By Fuel Type: Gas-Powered, Battery-Powered, Electric-Powered
3) By End-User: Sports, Golf
Subsegments:
1) By Mowers: Reel Mowers, Rotary Mowers, Zero-Turn Mowers, Walk-Behind Mowers
2) By Turf Tractors: Utility Tractors, Compact Tractors, Specialty Turf Tractors
3) By Aerators: Core Aerators, Spike Aerators, Tow-Behind Aerators
4) By Turf Sprayers: Backpack Sprayers, Tow-Behind Sprayers, Skid Sprayers, Stand-Alone Sprayers
5) By Bunker Rakes: Conventional Bunker Rakes, Robotic Bunker Rakes, Utility Rakes
6) By Other Products: Seeders and Overseeders, Topdressers, Leaf Blowers, Fertilizer Spreaders
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Which region dominates the commercial turf equipment market?
North America was the largest region in the commercial turf equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial turf equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the commercial turf equipment industry growth?
Major companies operating in the commercial turf equipment market are Honda Motor Co., Deere & Company, Kubota Corporation, Stanley Black & Decker Inc., Textron Inc., Husqvarna AB, The Toro Company, MTD Products Inc., Briggs & Stratton Corporation, Emak SpA, STIHL Inc., Excel Industries Inc., Intimidator Group, Schiller Grounds Care Inc., Smithco Inc., Brinly-Hardy Company, Redexim BV, Turfco Manufacturing Inc., Scag Power Equipment, Greenman Golf & Turf Solutions, Protea Machines, Tru-Turf Pty Ltd., Turbo Technologies Inc., TurfTime Equipment LLC, Weibang
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What Is Covered In The Commercial Turf Equipment Global Market Report?
•Market Size Forecast: Examine the commercial turf equipment market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the commercial turf equipment market for a structured understanding.
•Key Players Overview: Analyze major players in the commercial turf equipment market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the commercial turf equipment market.
•Segment Contributions: Evaluate how different segments drive overall growth in the commercial turf equipment market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the commercial turf equipment market.
•Industry Challenges: Identify potential risks and obstacles affecting the commercial turf equipment market.
•Competitive Landscape: Review strategic developments in the commercial turf equipment market, including expansions, agreements, and new product launches.
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