Lawn & garden equipment market regional growth outlook with industry review and forecasts 2019-2025: Global Market Insights. According to the latest research by GMI, Global Lawn and garden equipment Market size is expected to exceed USD 45 billion by 2025. Proliferating construction activities globally coupled with rising adoption of green roof technologies are driving the market share. Growing commercial and residential construction projects in emerging economies coupled with changing lifestyle and rising disposable income are driving the lawn & garden equipment market share.
Request Sample
Request Customization
Lawn and garden equipment are widely used in public properties such as sport fields and parks. Additionally, growing adoption in developed economies will further boost the industry expansion. Electric powered equipment will showcase the highest growth with around 8% CAGR up to 2025 owing to increasing efficiency of equipment. Industry participants are taking initiatives to enhance the battery efficiency to reduce the intermediate charging time.
Industry participants are introducing products to serve a large consumer base. For instance, in January 2017, STIHL launched its high-speed battery hedge trimmer offering superior power-to -weight ratio and low operating cost.
Š 2017 Global Market Insights Inc. All Rights Reserved
www.gminsights.com