The global power lawn mower market is projected to grow at a CAGR of 4.33% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the adoption of omni-channel retailing. Rapid internet penetration helps manufacturers to conveniently offer product information to residential and commercial sectors, thereby making the process of marketing easy.
According to the report, one of the major drivers for this market is the product innovation and product line extension leading to product premiumization. Manufacturers have been focusing on using price as a differentiating factor to launch premium versions of their existing product lines.
Further, the report states that one of the major factors hindering the growth of this market is the high maintenance cost. Over the past few years, the costs of major raw materials used to manufacture garden equipment have been significantly uncertain.
- Deere & Company
- The Toro Company
Key Topics Covered
01. Executive Summary
02. Scope of the Report
03. Research Methodology
04. Market Landscape
05. Market Sizing
06. Five Forces Analysis
07. Market Segmentation by Distribution Channel
08. Market Segmentation by Power Source
09. Market Segmentation by Product
10. Customer Landscape
11. Market Segmentation by End-User
12. Regional Landscape
13. Decision Framework
14. Drivers and Challenges
15. Market Trends
16. Vendor Landscape
17. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/tq5m5s/global_power_lawn?w=4