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Cordless Garden Equipment Market Trends

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

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Cordless Garden Equipment Market Trends

Improvements in lithium-ion battery technology are significantly enhancing the appeal of cordless garden equipment. With longer battery life, faster charging, and greater efficiency, these tools are becoming more powerful, making them ideal for both residential and commercial applications. The absence of cords offers users increased flexibility, enabling easy movement across small gardens or larger outdoor spaces without the hassle of managing cables. Additionally, the lightweight nature of cordless tools enhances user comfort, reducing fatigue during extended use. These factors collectively contribute to the growing popularity of cordless garden equipment in the market.

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.