Lawn and Garden Equipment Market Trends

  • Report ID: 6239
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Lawn and Garden Equipment Market Trends

Growth Drivers

  • Growing uptake of eco–friendly green areas – One of the main factors propelling the growth of the lawn & garden equipment market is the increasing use of sustainable green spaces in residential and commercial structures, such as green walls, green roofs, and vertical gardens. Green areas are being included in building designs more often by urban planners and architects to improve air quality, lower ambient temperatures, and improve aesthetics.

    For installation and upkeep tasks, there is a growing need for landscaping tools and equipment such as trimmers, pruners, tillers, and lawnmowers due to the growth of green structures and spaces. For expansive green areas, professional landscapers frequently use AI–based lawn management systems and sophisticated robotic mowers. The World Economic Forum's 2022 statistics indicate that by 2050, 80% of people on Earth are likely to live in cities, up from 55% at the current rate.
     
  • Product innovations – To obtain a competitive edge in the lawn & garden equipment market, major manufacturers are concentrating on advances in terms of efficiency, robustness, battery performance, charging capacity, and noise reduction. Technological innovations such as GPS–enabled robotics.
    The use of mowers, cloud–based fleet management programs, and smart lawn optimizer software is growing. Furthermore, product development is being driven by consumers' increased demand for cordless equipment because of its cheaper operating and maintenance expenses. The United Nations Department of Economic and Social Affairs has published estimates showing that through 2050, over 90% of population increase is expected to occur in Asia and Africa, where living standards are rising and cities are growing.
     
  • Rising usage of smart robotic lawn mowers – Robotic lawn mowers are becoming increasingly popular because of their many advantages, including lower noise levels, lower emissions, higher–quality sod, and lower labor costs. Combining anti–theft alerts, mapping and location software, the Global location System (GPS), and Robotic mowers with smartphone connectivity offer remote access and convenience of usage.

    A robotic lawn mower was possessed by over 2.5 million US households in 2021, up 25% from 2020, according to data from the Outdoor Power Equipment Institute. Throughout the projection period, developments in artificial intelligence (AI), internet of things (IoT), and autonomous navigation technologies will spur additional advancements in smart robots in lawn mowers sector

Challenges

  • High pollutant levels linked to lawnmowing equipment that prevent market growth – Equipment for lawns and gardens is commonly used for various gardening tasks, including weeding and mowing, as well as for maintaining sports fields and gold fields. Nevertheless, there is a high amount of noise, vibration, and pollution related to these tools and equipment.

    Customers are looking for cutting–edge goods that allow accurate operations, great efficiency, user safety, and minimal environmental damage because of the strict environmental regulations. Fossil fuel–powered equipment has a high potential for pollution, hence its use should be restricted.
  • High cost of equipment – One of the biggest obstacles to adoption is the high initial price of heavy–duty, commercial–grade landscaping equipment, such as robotic mowers, zero–turn mowers, compact tractors, turf cutters, and trash loaders. The expenses associated with converting fleets to battery–powder versions contribute to small contractors' and cost–conscious homeowners' reluctance. In underdeveloped nations, low–cost models and financing alternatives can enhance the adoption of technology among client segments that are sensitive to price.

Lawn & Garden Equipment Market: Key Insights

Base Year

2024

Forecast Year

2024–2037

CAGR

6.7%

Base Year Market Size (2024)

USD 42.65 billion

Forecast Year Market Size (2037)

USD 99.1 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia–Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia–Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Parul Atri


  • Report ID: 6239
  • Published Date: Nov 15, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of lawn & garden equipment is estimated at USD 44.94 billion.

The lawn & garden equipment market size was over USD 42.65 billion in 2024 and is anticipated to cross USD 99.1 billion by 2037, witnessing more than 6.7% CAGR during the forecast period i.e., between 2025-2037. Rising usage of smart robotic lawn mowers will drive the market growth.

North America industry is anticipated to hold largest revenue share of 42% by 2037, influenced by major key players navigating the region.

The major players in the market are Stanley Black & Decker, Inc., Husqvarna Group., Ariens Company, Briggs & Stratton Corporation, Falcon Garden Tools Pvt. Ltd., Deere & Company, Koki Holdings Co., Ltd., ANDREAS STIHL AG & Co. KG, The Toro Company, Makita Corporation and others.
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