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Global Lawn & Garden Equipment Market size was valued at USD 31.52 billion in 2021 and is poised to grow from USD 33.76 billion in 2022 to USD 62.59 billion by 2030, growing at a CAGR of 7.1% in the forecast period (2023-2030).

The Global Lawn and Garden Equipment Market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions. 'Deere & Company', 'Emak S.p.A. (Italy)', 'Husqvarna Group', 'Briggs & Stratton Corporation', 'MTD Products Inc.', 'Honda Motor Co., Ltd.', 'Kubota Corporation', 'STIHL Holding AG & Co. KG', 'The Toro Company', 'Ariens Company', 'Techtronic Industries Co. Ltd.', 'Black & Decker Corporation', 'Stanley Black & Decker, Inc.', 'Robert Bosch GmbH', 'The Scotts Miracle-Gro Company', 'Fiskars Group', 'Craftsman', 'Poulan Pro', 'Murray', 'Greenworks Tools'

Global demand for gardening equipment is expected to increase due to the ever-increasing drive for electric-powered chainsaws, lawnmowers, and other equipment. Regarding the problems with noise and the environment, several nations, including the United States, the United Kingdom, Germany, Japan, India, Australia, and others, are putting a lot of emphasis on providing electric equipment. Electric lawn mowers are lighter, quieter, and have the convenience of a push-to-start button. As a result, it is boosting the need for electric equipment. For example, John Deere introduced walk-behind greens mowers, ranging from the 180 and 220 E-CutTM to our SL PrecisionCutTM range, a tool that will give greens the cut they merit.

In the future, it is projected that rising demand for newly developed garden and lawn equipment would support growth. More end users are investing in the industry as a result of the increased accessibility of recently developed items, which is improving market prospects. As consumers spend more time in their local neighborhoods, the COVID-19 pandemic has emerged as a positive element. This is increasing the demand for the goods as a result. The global lawn and garden equipment market is growing favorably as a result of the rise in demand for smart gardening techniques, such as GPS technology, auto braking systems, uniform cutting, and others.

In terms of market share, North America dominated the global lawn and garden equipment market in 2021. This is due to the region's significant presence of top industry players like Deere & Company, the Toro Company, and others. Due to its autonomy, this equipment allows end users to carry out gardening tasks in a shorter amount of time. For instance, John Deere will commemorate 25 years of producing its ZTrakTM commercial zero-turn mower line at the 2021 GIE+EXPO, continuing a tradition of innovation and quality that began in 1997 with the introduction of the F620 and F680 zero-turn mowers. With the recent introduction of the FastbackTM PRO Rear-Discharge Mower Deck, which provides time-saving solutions for professional landscapers, the brand continues to expand on its dedication to effective and efficient commercial landscaping options.

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Global Lawn & Garden Equipment Market

Product ID: SQSG25H2002