Global Gardening Equipment Market Research and Forecast, 2019-2025
|発行||Orion Market Research Pvt Ltd||商品コード||801125|
|園芸用機械の世界市場の分析と予測 Global Gardening Equipment Market Research and Forecast, 2019-2025|
|出版日: 2019年02月22日||ページ情報: 英文||
Global Gardening Equipment Market Size, Share & Trends Analysis Report by End-User (Residential and Commercial), by Product (Trimmer & Edger, Lawn mowers, Hand Tools, and Others) and Forecast, 2019 - 2025
Global gardening equipment market is growing at a substantial rate. Demand for gardening equipment is increasing significantly across the globe. Due to the growing number of building construction projects, renovation works for residential places, technological advancement in gardening equipment, shifting trend towards gardening & horticulture in leisure time, growing number of playgrounds and its maintenance and increasing disposable income in the emerging economies, the market is estimated to scale up rapidly during the forecast period. A growing number of playgrounds in residential societies and academic centers and regular maintenance is encouraging the demand for automatic tools for gardening. Emerging technology in automatic tools for shaping the grass and plants for playgrounds, downtown decoration, and public parks is attracting a huge customer base. A significant investment of sports authorities on advanced equipment for ground maintenance is supporting market growth.
Moreover, increasing disposable income in developed and emerging economies is reporting a rise in expenditure on gardening activities for recreational purpose. Renovation projects in the residential segment are augmenting the expenditure for gardening equipment. Therefore, the global gardening equipment market is estimated to generate potential opportunities for market players during the forecast period. The market is growing with some of the major market players including Robert Bosch GmbH, Honda Motor Co. Ltd., Makita Corp., Robomow, Kubota Corp., Stanley Black & Decker, Inc., MTD Products Inc., Kingfisher Plc and many others.
On the basis of end-user, the global gardening equipment market is segmented into residential and commercial sectors. Gardening tools are mostly used in commercial spaces such as playgrounds, golf course, derby, public parks, tourist spots, and various other gardening places. Therefore, the commercial segment constitutes a significant share of the market. Commercial segment requires automatic tools which are costly as compared to conventional tools. With the high quantitative demand and costly equipment, commercial segment is dominating the market. Residential segment is showing significant growth in the global gardening equipment market. Residential segment is growing application of gardening tools due to increasing renovation projects and expansion of lawn and landscape area. Residential segment is growing rapidly in emerging economies across the globe such as India, China, Indonesia, Brazil, and others.
On the basis of products, global gardening equipment market is bifurcated into trimmer & edger, lawn mowers, hand tools, water management equipment, and others. Lawn mowers segment is contributing a significant share in the global gardening equipment market. On the basis of geography, global gardening equipment market is analyzed into four regions including North America, Europe, Asia-Pacific and Rest of World. Asia-Pacific is estimated to exhibit a significant growth rate in the global gardening equipment market due to increasing building construction projects and increasing gardening activities in the residential segment.
The market study of the global gardening equipment market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for gardening equipment manufacturers, companies working on advanced technology, investment companies, end-user industry for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.