Transparency Market Research in its new report titled, “Cordless Garden Equipment Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the cordless garden equipment market. The TMR report anticipates that the increasing automation in various industries such as agriculture has increased the usage of off-road vehicles which will further drive the cordless garden equipment market during the forecast period i.e, 2018-2026.
According to the report, governments of various countries emphasize on providing subsidies and schemes to consumers who indulge in gardening and agricultural activity. This is anticipated to boost the market for cordless garden equipment during the forecast period. Unavailability of farm labor and high cost of labor are major issues, currently, facing gardeners. These issues can be overcome by usage of cordless machinery, which in turn is likely to boost the market, says the report. Replacement of the battery is an expensive and complex operation, as cordless garden equipment depend on the onboard battery for power generation. Moreover, the high cost and maintenance expenditure are anticipated to significantly restrain the cordless garden equipment market, says the report.
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The TMR report has segregated the cordless garden equipment market based on product type, input power, and geography. In terms of product type, the cordless garden equipment market is segmented into lawnmowers, grass shears, grass trimmers, hedge cutters, garden saws, chainsaws, leaf blowers, and others. On the basis of input power, the cordless garden equipment market is categorized into hybrid electric equipment and other two segments. A key issue facing electric ride-on mowers is low battery capacity. Battery-powered riders employ deep discharge lead-acid batteries that have a run time of about an hour. With these mowers, there is always a compromise between practicality and cost-effectiveness. Hybrid electric lawn mowers can overcome this challenge.
On a geographical stand, the cordless garden equipment market is split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, Asia Pacific accounts for a major share of the global cordless garden equipment market, as per the TMR report. Considerable adoption of cordless garden equipment, as significant areas in the region are covered by gardens, especially in countries such as India and China. FDI has further encouraged activities such as agriculture and gardening owing to the usage of automation in these countries, thereby creating a need for efficient agricultural machinery such as cordless garden equipment. Some of the major players operating in the global cordless garden equipment market are profiled in this report to give a better competitive analysis of the market and these include Robert Bosch GmbH, ECHO INCORPORATED, The STIHL, Blount International Inc., VARO, Stiga Limited, Hitachi Koki USA, Ltd., Makita U.S.A., Inc., and Greenworks Tools.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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