Homeownership Surge Propelling Growth In The Power Lawn And Garden Equipment Market: Powering Innovation and Expansion in the Power Lawn and Garden Equipment Market by 2025

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What Is the Expected CAGR for the Power Lawn and Garden Equipment Market Through 2025?
The market size of power lawn and garden equipment has experienced robust growth in the past few years. An increase from $84.74 billion in 2024 to $89.85 billion in 2025 with a 6.0% compound annual growth rate (CAGR) is projected. The historic growth can be traced back to heightened interest in outdoor living, swift urbanization, increased demand for landscape services and automated tools, as well as population growth and housing density.

What's the Projected Size of the Global Power Lawn and Garden Equipment Market by 2029?
The market size for power lawn and garden equipment is predicted to experience significant expansion in the forthcoming years. By 2029, the market is forecast to surge to a value of $110.89 billion, with a CAGR of 5.4%. This anticipated growth within the projection period can be linked to factors such as the increase in e-commerce, the rising popularity of the DIY culture, climate and seasonal impacts, evolving consumer lifestyles, and an uptick in outdoor leisure activities. Key trends expected throughout this forecast period encompass a growing preference for battery-operated equipment, the fusion of smart technology, solutions for urban gardening, improved ergonomics alongside user-friendly design, and technological advancements in automated lawn maintenance.

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Top Growth Drivers in the Power Lawn and Garden Equipment Industry: What's Accelerating the Market?
The surge in homeownership is predicted to fuel the expansion of the power lawn and garden equipment market. Homeownership signifies possessing one's abode or residence. These lawn and garden tools play a pivotal role in the overall upkeep and molding of an estate, enabling individuals to produce and uphold an attractive and well-managed outdoor area. For instance, in March 2023, the UK government entity Office for National Statistics foresaw an increase to 28.3 million homes in the UK, a 0.7% raise from 28.1 in 2022. Moreover, the number of families in the UK grew to 19.4 million in 2022. Thus, the upsurge of homeownership is triggering the growth in the power lawn and garden equipment market.

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What Are the Key Trends Driving Power Lawn and Garden Equipment Market Growth?
Key companies in the power lawn and garden equipment sector are introducing novel products like automated mowers to minimize labor and increase accuracy, productivity, and eco-friendliness. These robotic mowers are autonomous, self-driven tools engineered to trim grass in lawns and similar verdant areas. For example, in October 2022, The Toro Company, an American outdoor environment equipment production firm, unveiled the Toro RTX 2000. With its multiple cameras, the Toro RTX 2000 can survey its surroundings and generate a digital map of the garden. This top-tier robotic mower also features a self-charging docking station, security measures, and a mobile app for convenience. Its lithium-ion battery offers up to two hours of mowing operation on a single charge.

What Are the Main Segments in the Power Lawn and Garden Equipment Market?
The power lawn and garden equipmentmarket 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 Top Companies are Driving Growth in 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

Which Regions Will Dominate the Power Lawn and Garden Equipment Market Through 2029?
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.

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