The Global "Cordless Garden Equipment Market" is expected to grow at a high CAGR during the forecast period 2022-2029.
Cordless garden equipment is tools that are driven by an extra power source and employ mechanisms other than manual labor or hand tools. Electric motors are the most common types of power tools used. A garden tool is any one of many tools made for gardening and overlaps with the range of tools made for agriculture and horticulture. Lightweight and designed for comfort and ease of use on long shifts, they’re quiet enough to use anywhere, anytime. There’s no need for petrol, and they meet even the most stringent environmental regulations.
The global Cordless Garden Equipment Market is primarily driven by product innovation and portfolio expansion will drive the demand cordless garden equipment market during the forecast period. The vendors are focusing on offering garden equipment that is convenient to use while contributing to a more sustainable ecological society. And by providing extended battery life, advanced maneuverability, and smartphone control options through applications, this autonomous equipment enables more productivity and is cost-effective than traditional garden equipment.
In 2018, Stihl unveils autonomous lawnmowers, using lawn clippings as a natural fertilizer. The iMow comes in two sizes, depending on the acreage of grass needed to be cut, and features a variety of safety sensors.
Internet penetration in developing countries such as China, India, And Brazil, etc. This has enabled huge market potentials for e-commerce businesses. These E-commerce businesses provide convenience and easiness for shopping to consumers who want products and devices such as Cordless garden Equipment through online shopping portals.
However, Rise of Drought-tolerant Landscaping and High Adoption of Artificial Grass will hinder the Cordless Garden Market.
By Application type, the global Cordless Garden Equipment Market is segmented into Commercial and Residential. By application type for Residential has the dominant position in the Cordless Garden Equipment Market and is expected to retain its dominance in the forecasted period, due to its popularity in this segment as the region like Europe and North America has high living standards as well as availability of adequate garden space and strict government rules for garden maintenance. However, due to increase in Sports lawns gardening and lawn maintenance by the hotels and restaurants for lash green view for the customers, has also given rise to commercial segment of Cordless Garden Equipment Market. It is expected that Residential for Cordless Garden Equipment will grow at a CAGR of 6% during the forecast period.
By distribution channel, the global Cordless garden equipment Market is segmented into online and offline distribution channels. Offline distribution channel includes Supermarkets, Specialty stores, exclusive stores, and hypermarkets, while online distribution channel includes distribution through e-commerce platforms.
By geography, the global Cordless Garden Equipment Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).
Europe holds the largest market share for Cordless Garden Equipment Market, due to the presence of battery technology which has given following advantages over the traditional garden equipment such as convenience, longer life, improved technology, ergonomic design, and smaller size and also rising disposal income has led to rise in demand for the Cordless Garden Equipment Market.
North America is after Europe in terms of market share for Cordless Garden Equipment due to ageing population in the region has created the demand for the new smarter garden equipment like robotic lawn mower that requires no human to do its work, and hence will drive the Cordless Garden Equipment market in North America during the forecast period. However, APAC, South America, and Middle east, and Africa are after Europe in terms of market share of Cordless Garden Equipment Market.
In Europe and North America, the share of people over 55 will be larger than that of people under 18.
Key players are adopting strategies such as investing in R&D, new product launches, expansion in distribution channels to stand out as strong competitors in the market. Global Cordless Garden Equipment Market is a fragmented market with the presence of various global and regional players in the market. The major players include Deere & Co., Hitachi Ltd., Husqvarna AB, Robert Bosch GmbH, and The Toro Co. Other key players in the market include Stiga Limited, The STIHL, Makita U.S.A. Inc., Blount International Inc., ECHO INCORPORATED, VARO, and Greenworks Tools.
In April 2019, Makita U.S.A., Inc., manufacturer of high-quality professional tools, outdoor power equipment, and accessories, announces the launch of a new cordless lawnmower. The 18V X2 (36V) LXT® Lithium-Ion Brushless Cordless 18” Lawn Mower (XML03) offers increased cutting capacity, added durability, and longer run times than previous models. The lawnmower features a durable steel deck and folding handles that make the lawnmower compact for easy storage and transportation. Reduce noise with the Quiet Mode setting, which provides constant speed control at 2,500 RPM and, thus, lower noise.
In August 2018, Quietest cordless high-performance mowers on the market: The new ProSilence Rotak series from Bosch. The AdvancedRotak offers the same benefits plus a telescopic handle, the height of which is exceptionally easy to adjust and which is foldable. The cordless UniversalRotak and AdvancedRotak lawnmowers will be available from spring 2019 onwards.
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