Europe Electric Cordless Lawn And Garden Tools Market Growth & Trends
The Europe electric cordless lawn and garden tools market size is anticipated to reach USD 8.5 billion by 2030, according to a new study by Grand View Research Inc. The market is expected to expand at a CAGR of 14.1% from 2022 to 2030. The rapid increase in lawn and garden redevelopment activities from the residential sector and commercial sector is increasing demand for trimmers and edger’s and chainsaws for yard improvement which is a major factor expected to drive the market.
According to European Golf Association (EGA) report as of 2021 there are 8,914 golf courses in Europe and over 10 million golfers participate in the sports event. Golf course owners are focused on delivering better courses that call for tools such as trimmers, leaf blowers, and grass shears. Thus, increasing garden redevelopment activities from the residential sector and growing regional golf sports activities are factors anticipated to augment market growth. Also, government and public places such as gardens, parks, and sports stadiums need constant maintenance to provide aesthetic appeal. Likewise, busy professionals and aging households opt for lawn and garden maintenance services. Thus, increasing demand for landscaping services from the government and residential sector are factors expected to spur the demand for cordless lawn and garden tools during the forecast period.
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Moreover, consumers' approach towards engaging themselves in repairing, maintenance and remodeling activities of the residential backyard is expected to increase demand for garden tools. Also, the availability of advanced products and the outbreak of the pandemic COVID-19 encouraged DIY activities among consumers, and the introduction of new products from major players is expected to support market growth. For instance, Honda, a manufacturer of outdoor equipment announced the launch of the Honda Izy HRG 416 XB. The newly launched product is equipped with 4Ah of 6Ah Li-ion batteries making it lighter compared to other products.
The COVID-19 pandemic outbreak significantly impacted the growth of the target market in 2020, majorly due to the strict lockdown imposed by the government and the shutdown of manufacturing facilities. In 2021, the reopening of production facilities and increasing consumer spending on lawn activities showed promising growth in the market. However, in 2022 and 2023 the market is expected to witness noticeable growth due to the player’s approach toward enhancing the customer base.
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Europe Electric Cordless Lawn And Garden Tools Market Segmentation
Grand View Research has segmented the Europe electric cordless lawn and garden tools market based on product type, battery type, end use, and region:
Europe Electric Cordless Lawn And Garden Tools Product Type Outlook (Revenue, USD Million, 2018 – 2030)
- Lawn Mowers
o Turf Equipment & Mowers
o Others
- Trimmers And Edgers
- Chainsaws
- Others
Europe Electric Cordless Lawn And Garden Tools Battery Type Outlook (Revenue, USD Million, 2018 – 2030)
- Lithium ion (Li-ion)
- Others (lead-acid and Ni-Cd batteries)
Europe Electric Cordless Lawn And Garden Tools End-use Outlook (Revenue, USD Million, 2018 – 2030)
- Residential
- Golf Courses
- Others
List of Key Players of the Europe Electric Cordless Lawn And Garden Tools Market
- The Toro Company
- Robert Bosch GmbH
- Deere & Company
- Honda Power Equipment
- Techtronic Industries Co. Ltd.
- ANDREAS STIHL AG & Co. KG
- Makita Corporation
- Stanley Black & Decker, Inc.
- Husqvarna Group
- AriensCo.
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Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world's renowned academic institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide.
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