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Cordless Garden Equipment Market Size

  • Report ID: GMI11558
  • Published Date: Sep 2024
  • Report Format: PDF

Cordless Garden Equipment Market Size

The global cordless garden equipment market was valued at USD 7.5 billion in 2023 and is anticipated to register a CAGR of 7.7% between 2024 and 2032.

 

As urban areas expand and living spaces become increasingly compact, the demand for space-efficient and easily stored garden tools is on the rise. Cordless garden equipment has emerged as a solution to this need, offering notable advantages over traditional corded or gas-powered tools. These cordless tools provide enhanced manoeuvrability and ease of use, as they eliminate the constraints of tangled cords and the hassle of fuel requirements. This freedom allows users to navigate their gardens more comfortably and efficiently, making the gardening experience more enjoyable.

 

Additionally, the growing trend of home gardening and DIY landscaping projects is further fueling the popularity of cordless garden tools. As more individuals take up gardening as a hobby or a home improvement activity, there is an increasing need for user-friendly and effective tools that can simplify these tasks. Cordless garden tools meet this demand by combining convenience with performance, making them an attractive choice for both novice gardeners and experienced enthusiasts. Their compact design and ease of storage align perfectly with the modern lifestyle, where space is at a premium and convenience is highly valued.

 

The initial expense of cordless garden tools, including the battery and charger, is often higher than that of traditional corded or gas-powered tools, posing a challenge for price-sensitive consumers. Furthermore, as batteries age, they may degrade and require replacement, which can incur additional costs. Proper maintenance and storage are essential to prolong battery life, but these requirements can add to the overall expense and complexity of using cordless equipment. These factors may deter some consumers from choosing cordless options despite their convenience and performance benefits.

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for cordless garden equipment was valued at USD 7.5 billion in 2023 and is anticipated to register a CAGR of 7.7% between 2024 and 2032, driven by urban expansion and the popularity of home gardening.

The lawnmowers segment generated a revenue of USD 2.2 billion and is expected to grow at a CAGR of 8.1% during the forecast period, fueled by increased demand from sports fields, golf courses, parks, and the rising emphasis on landscaping services.

Lithium-ion batteries segment dominated with a market share of 47.9% in 2023. Lithium-ion batteries provide superior power, longevity, and faster charging capabilities compared to lead-acid alternatives, making them increasingly popular among manufacturers.

Key players include AL-KO, Black+Decker, Bosch, EGO, Greenworks, Honda, Husqvarna, John Deere, Makita, MTD, Ryobi, Snapper, STIHL, Toro, and Worx.

Cordless Garden Equipment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 305
  • Countries covered: 19
  • Pages: 250
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