Cordless Garden Equipment Market

Market Overview

Cordless garden equipment, not that long ago, were more than a novelty for the end-users offering slow blade speed with the requirement of recharging several times. With an introduction of lithium-ion battery technology, garden equipment have enabled to work using cordless feature to provide fast blade speeds and recharge in minutes rather than hours. Cordless garden equipment has become perhaps more attractive to the landscape contractor due to increasing noise pollution restrictions across different regions.

Furthermore, instead of investing in gasoline products, the market has shifted its focus towards electric or cordless garden equipment which might bring interesting moves over the next decade. The power area of the electric equipment has witnessed advancement over the last couple of years due to the introduction of bigger batteries with more power, more run time and watt hours along with bigger brushless motors.

Growing power and run time demand from the commercial users due to advancement in motor and lithium ion batteries technology may attribute towards growth of cordless garden equipment market. Furthermore, features such as quieter operations, low maintenance, and light-weight due to replacement of an engine, fuel tank, and protective casing with a lightweight battery are anticipated to attribute to the growth of cordless garden equipment market.

Commercial users are preferring cordless over the traditional garden equipment owing to less vibration produced due to less moving parts and greater comfort related to handling and operating them due to elimination of additional requirement of cord pulling and oil mixing. Moreover, another subset is the relatively high operating expense of the gasoline type aligned with drastically fluctuating rates as compared to the cordless machine.

Growing Awareness among End-user towards More Efficient and Low Noise Alternative

Less Weight and Longer Runtime – the motto being opted by the end-users to efficiently and seriously perform green work through avoiding fumes and noise issues. Furthermore, battery interchangeable features to simply swapping the batteries to perform work more efficiently and eliminating additional charging time. Moreover, easy to use, low maintenance costs, and better comfort level to cut both vertically and horizontally are estimated to further attribute towards the growing adoption of cordless garden equipment market during the forecast period.

One Battery Powers All

Manufacturers across the globe are significantly investing in Research & Development to design versatile as well as high performance products. These products are powered by the same, long-lasting, as well as reliable battery to enable customers with the impressive power source. For instance, once you have finished with the lawnmowers, you can simply recharge the battery and get on to grass trimming, hedge trimming, or leaf blowing. Furthermore, the charging of the Lithium-ion batteries can be done fully or partially over hundred times without any significance loss of capacity, making them minimal service and no engine servicing required equipment.

Key Developments and Revenue Growth across the Industry

• Robert Bosch introduced cordless garden equipment with an intelligent electronics system - syneon chip, which ensures the optimum supply of battery power as per the requirement and providing maximum endurance
• In 2016, ANDREAS STIHL AG & Co. KG witnessed 6.6 percent growth in the revenue owing to the development of new cordless products through utilizing the possibilities offered by Industry 4.0

Regional Market Outlook

The global cordless garden equipment market is segmented into the following regions -- North America, Latin America, Western Europe, Eastern Europe, South East Asia-Pacific, China, Japan, India and the Middle East and Africa. North America is estimated to dominate the global cordless garden equipment market owing to strong awareness among consumers to use efficient and reliable garden tools.

Western Europe over the forecast period is estimated to witness relatively robust growth due to increasing developments and introduction of advanced products. Furthermore, Eastern Europe is expected to register substantial growth due to recent recovery in Russia market. Moreover, China and India are anticipated to grow at a significant pace owing to growing awareness among customers along with growing construction activities.

Global Cordless Garden Equipment Market: Key Players

The key participants in the global cordless garden equipment market are Robert Bosch GmbH, Stiga Limited, The STIHL, Makita U.S.A., Inc., Blount International Inc., Hitachi Koki USA, Ltd., ECHO INCORPORATED, VARO, Greenworks Tools, among others.

Brief Approach to Research

FMI will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the nature, product type of the product segments covered in the study is followed by a demand-side analysis to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level and consolidated and synthesized at a global level to estimate the overall market sizes.

Key Data Points Covered in the Report

Some of the key data points covered in our report include:

• An overview of the Cordless Garden Equipment market, including background and evolution
• Macroeconomic factors affecting the Cordless Garden Equipment market and its potential
• Market dynamics, such as drivers, challenges and trends
• Technology Roadmap involved from inception period to present date
• Detailed value chain analysis of the Cordless Garden Equipment market
• Cost structure of the products and segments covered in the global Cordless Garden Equipment market
• In-depth pricing analysis, by key product segments, regions and by major Cordless Garden Equipment market participants
• Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario in the global Cordless Garden Equipment market
• Analysis of the global Cordless Garden Equipment market structure, including a tier-wise categorization of key Cordless Garden Equipment market participants
• Competitive landscape of the market, including detailed profiles of top players in the Cordless Garden Equipment market

Factors Affecting the Growth of Cordless Garden Equipment Market and Their Impact

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis includes

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Product Definition and Segmentation

Cordless garden equipment typically have one or more large rechargeable batteries mounted over mower chassis along with electric motor. The batteries are recharged through on-board charger connected to conventional household outlet via and extension cord, or connecting a battery recharger to the lawnmower. However, with the requirement of large batteries to operate more sufficiently and smoothly may pose difficulties to push uphill and maneuver

The global cordless garden equipment market can be segmented into product type:

• Lawnmowers
• Grass Shears
• Grass Trimmers
• Hedgecutters
• Garden Saws
• Chainsaws
• Leaf Blowers
• Others