Garden Equipment Market is forecasted to grow at 6.0% with factors such as rising awareness of garden equipment.
Growing usage of garden Equipment is increasing its market penetration in developed countries. In developing countries, increasing demand in outdoor plants and increase in demand in residential segment is creating opportunity for the garden equipment market.
According to Data Bridge Market Research the market for garden equipment in Germany region has the highest market share followed by France and U.K. and Market leader is HONDA MOTOR CO., LTD., Robert Bosch GmbH, Kubota Corporation which accounts an estimated market share of approximately 35% to 38% in the Germany.
The company has gained outstanding sale through their wide range of garden Equipment due to technological advancement in the Garden Equipment products. For instance, in September 2020, Robert Bosch GmbH has launched Electromobility that will reduce the amount of CO2 released in environment. Robert Bosch GmbH new products have power hydrogen which is based on renewable energy that makes climate-neutral transportation of goods and commodities. Firstly Robert Bosch GmbH is focusing on developing the fuel-cell power train focusing on trucks. This will increase the sales and revenue.
Now the question is which other regions HONDA MOTOR CO., LTD., Robert Bosch GmbH and Kubota Corporation are targeting? Data Bridge Market Research has forecasted a large growth in Germany and the market leaders targeting U.K.and France to be their next revenue pockets for 2021.
The garden equipment market is becoming more competitive every year with companies such as HONDA MOTOR CO., LTD., Robert Bosch GmbH and Kubota Corporation. They are the market leaders for garden equipments data bridge market research new reports highlight the major growth factors and opportunities in the garden equipment market.
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All country based analysis of garden equipment market is further analyzed into five notable segments on the basis of product, power source, material, distribution channel and end user. On the basis of product, the garden equipment market is segmented into lawn mowing machines, handheld tools, tillers, cleaning and others. On the basis of power source, the garden equipment market is segmented into petrol, electric corded, battery, cordless and others. On the basis of material, the garden equipment market is segmented into wood, metal, plastic, recycled plastics, synthetic resin and others. On the basis of distribution channel, the garden equipment market is segmented into supermarkets/hypermarkets, specialty stores, e-commerce, B2B/direct sales, convenience stores and others. On the basis of end-user, the garden equipment market is segmented into residential, commercial offices, malls/supermarkets, parks, airports, sports stadium and others.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of garden equipment companies, contact us https://www.databridgemarketresearch.com/reports/europe-garden-equipment-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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