“Product innovation while keeping changing consumer preferences in mind will aid market growth over the coming years,” says a Fact.MR analyst.
United States, Rockville MD, Aug. 15, 2022 (GLOBE NEWSWIRE) -- As per Fact.MR’s research analysis on gardening equipment, top suppliers include The Ames Companies Inc., Estwing Manufacturing Company Inc., Alamo Group Inc., Briggs and Stratton Corp., The Toro Co., Kubota Corp., and Robert Bosch GMBH, and collectively accounted for close to 50% share of global revenue in 2020.
Over the past half-decade, gardening equipment sales increased at a modest CAGR of around 5%, with developed countries such as the U.S., U.K., and Germany experiencing robust growth in terms of revenue.
Increasing landscaping activities coupled with surge in commercial and residential projects has been a major reason behind market expansion. For instance, it has been projected that, the housing market will see sales to go up by 7% by the end of 2021, an incremental increase of 1.2% as compared to 2020.
Moreover, technological advancements such as the development of hybrid lawn mowers, lawn aerators, and power tools have added to market growth, as more and more consumers now prefer equipment that is efficient for fuel and energy consumption.
For More Insights on this Market, Get A Sample Report!
https://www.factmr.com/connectus/sample?flag=S&rep_id=261
Key Takeaways from Market Study
The gardening equipment market expanded at 5% CAGR over the past 5 years, and is anticipated to add significant value by 2031.
Based on product, lawn mowers are expected to capture major market share.
Among the end uses, the residential sector has been the fastest-growing segment, owing to increasing gardening activities over the past decade.
North America is set to be the largest market in terms of revenue in 2021, while continuing on the same path right through 2031 to hold ¼ of global market share.
The market in Western Europe is expected to rise at a high single-digit CAGR through 2031.
The U.S., Germany, and France are expected to be lucrative markets for manufacturers of gardening equipment.
Growth remained significant during the COVID-19 crisis attributed to rise in gardening activities across regions. Short-, medium-, and long-term demand is set to grow at a steady pace.
Market players are investing in automation and digitalization, and are focusing on consumer-centric approaches. Additionally, high spending on R&D and innovation is what has given a competitive edge to numerous companies and improved their revenue bars.
Key Points Covered in Gardening Equipment Market Report:
Market Estimates and Forecasts (2016-2031)
Key Drivers and Restraints Shaping Market Growth
Segment-wise, Country-wise, and Region-wise Analysis
Brand Share and Market Share Analysis
Key Product Innovations and Regulatory Climate
COVID-19 Impact on Gardening Equipment and How to Navigate
Recommendation on Key Winning Strategies
To Gain In-Depth Insights on Gardening Equipment Market, Request Methodology at https://www.factmr.com/connectus/sample?flag=RM&rep_id=261
Competitive Landscape as per Gardening Equipment Industry Survey
Key market players have mainly relied on a mix of organic and inorganic growth strategies such as product launches, collaboration, acquisitions, and capacity expansion.
Some of the key developments are:-
In September 2020, KPS Capital Partners, LP announced the acquisition of all the assets of Briggs & Stratton and some of its wholly-owned subsidiaries. The acquisition is intended to increase significant investments in R&D, technology, and new product development. KPS has also announced to provide resources for Briggs & Stratton to pursue strategic acquisitions.
Bosch’s new Indego robotic lawn mower comes with built-in technology to map and mow a lawn or garden area intelligently. This product comes with a varied product line up, suitable for both, residential and commercial areas.
Online Sales of Gardening Equipment
Retail Sales of Gardening Equipment
Distributor Sales of Gardening Equipment
Interested to Procure The Data? Inquire here https://www.factmr.com/connectus/sample?flag=EB&rep_id=261
Fact.MR, in its new offering, presents an unbiased analysis of the global gardening equipment market, presenting historical demand data (2016-2020) and forecast statistics for 2021 to 2031.
The study divulges essential insights on the market based on product (hand tools, cape cod weeders, paving weeders, fishtail weeders, shears and snips, lawnmowers and trimmers, and edgers), end use (residential gardening equipment and commercial gardening equipment), and distribution channel (online sales, retail sales, and distributor sales), across six major regions of the world (North America, Latin America, Europe, Japan, APEJ, and MEA).
Explore Fact.MR's Coverage on the Industrial Goods Domain-
Mulching Heads Market - The global mulching heads market is estimated at US$ 521 Mn in 2022. Detailed industry analysis reveals that the market is projected to expand at a CAGR of 6.6% and reach a valuation of US$ 936 Mn by 2032.
Grow Light Market - Rising population has lead food constraints around the world. Building artificial environmental for growing crops and horticulture plants requires provision led grow lights to provide light spectrum similar to that of sun. This method of obtaining food crops is the major factor for the growth of global grow light market.
Integrated Passive Devices Market - The global integrated passive devices market is predicted to rise at a CAGR of 10.3% during 2022-2032. The integrated passive devices market is estimated to reach US$ 3.23 Billion by 2032 from US$ 1.1 Billion in 2021.
Heat Exchangers Market - Global sales of heat exchangers are expected to increase at a CAGR of 6% from 2022 to 2031. In the year 2021, the global heat exchangers market was valued at US$ 18.94 billion, and is anticipated to reach US$ 34.24 billion by 2031.
Energy Storage Systems Market - Consumption of energy storage systems is predicted to increase at a CAGR of 5.6% from 2022 to 2031, . The global energy storage systems market stands at US$ 45.1 billion in 2022, and is projected to reach a valuation of US$ 73.8 billion by the end of 2031.
Europe Air Purifier Market - Europe air purifier market is expected to register a 7.1% CAGR during the forecast period. Europe air purifier sales are projected to reach a valuation of US$ 8.85 Billion by the end of 2032, increasing from US$ 4.78 billion in 2022. As a result, the market is estimated to generate an absolute dollar opportunity of US$ 4.1 billion over the next ten years (2022-2032).
U.S. Air Purifier Market - The U.S. air purifier market accounts for a valuation of US$ 3.7 billion in 2022 after expanding at 4.7% CAGR from 2017 to 2021. Sales of air purifiers in the United States are forecast to increase rapidly at 6.6% CAGR and reach a valuation of US$ 6.7 billion by 2032. The market is poised to provide US$ 2.9 billion of absolute dollar opportunity over the assessment period.
Hole Opener Market - North America accounted for close to 40% of the global market share at the end of 2021 and is expected to remain a leading market for hole openers over the coming years as well. Overall, revenue from the sales of hole openers accounts for nearly 1% of the global oil & gas drilling market.
Large Scale Bearing Market - The global large scale bearing market is currently estimated at US$ 17.2 billion and is forecast to reach a market valuation of US$ 30.9 billion by the end of 2032, expanding at a CAGR of 6.1% between 2022 and 2032.
Fire Alarm Battery Market - The gadget that is used to produce a loud noise as a warning indicator in case of smoke or fire is called a fire alarm. Several devices operate simultaneously to alert people to the presence of smoke, fire or carbon monoxide gas using auditory and visual technologies. Both manual and automatic activation options are available for the devices.
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
In the world of stock legends, George Soros stands out. While his political activities have been a lightning rod for controversy, no one can doubt his financial acumen. After all, he’s the ‘man who broke the Bank of England,’ and made a billion dollars in one day when he shorted the Pound Sterling back in 1992. His hedge fund, Soros Fund Management, showed three decades of sustained gains, averaging 30% annual returns through the year 2000. During this time, and today in the management of his pe
These are two of the most dominant companies on the stock market, and you can buy them at a discount.
There's a bond that pays a 9.62% interest rate and is guaranteed by the U.S. Treasury. Investors should keep some limitations and conditions in mind before investing, but as inflation has topped 8% since March 2022, this could be an … Continue reading → The post Want 9.62% Yield Guaranteed? Seriously, Try This Asset appeared first on SmartAsset Blog.
Oil stocks and chemicals dominate this list of today's fastest-growing stocks, all eyeing 111%-762% EPS gains this year.
The meme-stock crowd is backing AMC Entertainment again, but shareholders should probably be upset by the latest developments.
Investors on the hunt for safe dividends should consider the Dividend Kings, a group of just 45 stocks that have increased their dividends for at least 50 consecutive years. Of the Dividend Kings, three in particular have high yields above 4% and safe dividends. AbbVie Inc. is a pharmaceutical company spun off by Abbott Laboratories in 2013.
Tesla's stock split will take place after the close of trading on Aug. 24, but don't expect to wake up to riches overnight.
(Bloomberg) -- It’s been a summer of love for both stocks and company bonds. But with fall nearing, equities are set to fade while bonds strengthen as central bank tightening and recession fears take hold once again.Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeUkraine Latest: Crimea Drone; US Sanctions Warning to TurkeyUkraine Latest: Zelenskiy Warns ‘Cruel’ Russian Actions ComingMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedWhite House Says Zelenskiy Sho
The real estate investment platform backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property shares has grown exponentially so far in 2022, with more homes funded in July than the entire first quarter. The company has
(Bloomberg) -- Famed investor Warren Buffett is steadily snowballing a stake in Occidental Petroleum Corp. in what could end up being his biggest-ever acquisition. His Berkshire Hathaway Inc. on Friday won approval to buy as much as 50% of the shares. Some investors believe it’s a step toward a full takeover, which may end up costing more than $50 billion. Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeUkraine Latest: Crimea Drone; US Sanctions Warning to TurkeyUkraine Lates
Warren Buffett parks most of Berkshire Hathaway’s cash in ultrasafe U.S. Treasury bills. Here’s why you might want to do the same.
Novavax (NASDAQ: NVAX) is one of my favorite stocks. Sometimes you'll hear the advice, "Don't fall in love with your stocks." I used to believe that, but now I think it's fine to love your stocks. Did I love Novavax when it went up 3,000% for me in 2020? Yes, I did.
Scott Burg, the chief investment officer of Deer Park Road Management Co, who made the prediction that Tesla would be "squashed like a bug" in a 2020 tweet, bought put options on almost 4.8 million Tesla shares during the second quarter, according to a regulatory filing this week, Bloomberg and Barron's reported.
Many growth stocks have fallen out of favor this year as rising interest rates and other macro headwinds have driven investors toward cheaper value plays. If you've got $3,000 to invest, you could buy a few shares of promising growth stocks CrowdStrike (NASDAQ: CRWD), AMD (NASDAQ: AMD), and Meta Platforms (NASDAQ: META) and there's a chance they will double within a few years. To address those issues, a new generation of cybersecurity players challenged the industry leaders with subscription-based cloud services that don't require any on-site appliances.
Even after Bed Bath & Beyond’s worst one-day pullback ever following billionaire investor Ryan Cohen’s stake sale, individual investors continued to cheer the stock on social-media platforms.
Markets correspondent Jared Blikre takes a look at the declining pricing for cryptocurrencies bitcoin and ethereum as the FDIC issue letters to five crypto companies.
It's no wonder the S&P 500 and tech-centric Nasdaq Composite fell firmly into bear market territory. For patient investors with an eye for innovation, it's the perfect time to go shopping for growth stocks. The Nasdaq 100 is comprised of the 100 largest nonfinancial stocks listed on the Nasdaq exchange.
Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street's consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo's revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company's guidance, and up 275% from the year-ago quarter.
It is hard to get excited after looking at Freeport-McMoRan's (NYSE:FCX) recent performance, when its stock has...
(Bloomberg) -- While Elon Musk has plenty of Wall Street detractors, Scott Burg may be the first distressed-bond manager to make a multibillion-dollar options bet that Musk’s Tesla Inc. will be “squashed like a bug.” Most Read from BloombergUS Mortgage Lenders Are Starting to Go BrokeUkraine Latest: Crimea Drone; US Sanctions Warning to TurkeyUkraine Latest: Zelenskiy Warns ‘Cruel’ Russian Actions ComingMueller Memo Advising Barr on Trump Findings Is Ordered ReleasedWhite House Says Zelenskiy Sh