The global cordless garden equipment market is expected to post a CAGR of more than 5% during the period 2019-2023, according to the latest market research report by Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190503005309/en/
Technavio has published a new market research report on the global cordless garden equipment market from 2019-2023. (Graphic: Business Wire)
A key factor driving the growth of the global cordless garden equipment market is the implementation of stringent regulations on legacy garden equipment. Legacy garden equipment emits air pollutants such as carbon dioxide, hydrocarbons, carbon monoxide, nitrogen oxide, volatile organic compounds, and particulate matter. Moreover, legacy garden equipment also contributes to the increase in noise pollution levels. This has pushed government bodies across the world to mitigate air and noise pollution. For instance, EPA has introduced emission standards to control both exhaust and evaporative emissions from small spark-ignition engines usually fitted in outdoor power tools such as lawn mowers. Such stringent regulations governing legacy garden equipment will fuel the demand for zero-emission garden equipment such as cordless garden equipment during the forecast period.
As per Technavio, the automation in lawn care will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global cordless garden equipment market 2019-2023research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Global cordless garden equipment market: Automation in lawn care
Automation is gaining immense popularity in the garden equipment market as it ensures efficient cutting and saves time. Autonomous garden equipment offers advanced maneuverability, extended battery life, and control options through smartphone applications. Automation in lawn care comes with safety features that include automatic start and finish. Robotic lawn mowers have remote object-detection features, which allow them to detect objects in their vicinity. The adoption of automation in lawncare will create immense opportunities for cordless garden equipment vendors to offer advanced products with increased speeds and efficiency and help them meet the growing demand for these products during the forecast period.
"Apart from the stringent regulations on the legacy garden equipment, and automation in lawn care, factors such as technological advances, increase strategic alliances, and product innovation and portfolio expansion will have a significant impact on the growth of the cordless garden equipment market during the forecast period," says an analyst at Technavio.
Global cordless garden equipment market: Segmentation analysis
This market research report segments the global cordless garden equipment market by product (lawn mower, trimmer and edger, brush cutter, chainsaw, leaf blower, and others) and geographic regions (North America, APAC, Europe, South America, and MEA).
The North American region led the market in 2018, followed by Europe, APAC, South America and MEA respectively. The market growth in North America can be attributed to factors such as high disposable income, presence of a high number of privately-owned housing units, and the need to comply with stringent residential landscape restrictions laid down by homeowner associations in a particular locale.
Looking for more information on this market? Request a free sample report
Technavio's sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
Market Sizing
- Market definition
- Market size and forecast
Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
- Key leading countries
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190503005309/en/
Contacts:
Technavio Research
Jesse Maida
Media Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com
