Europe Garden Equipment Market is expected to grow with the CAGR of 6.0% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
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Garden equipment market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in garden equipment market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in 2018, HONDA MOTOR CO., LTD. launched a new range GCVx for the ‘next’ generation of vertical-shaft engines. X line-up launched by Honda has power applications with engine having vertically-oriented crankshaft (that is, lawnmowers). The product has easy and reliable start system with next generation models. This will increase the sales and revenue of Honda.
HONDA MOTOR CO., LTD is the dominating player in the garden equipment market. The other key players existing in the market Robert Bosch GmbH, Kubota Corporation Husqvarna Group, THE TORO COMPANY, MTD Products AG,ARIENSCO, Bay Wa AG, Briggs & Stratton, LLC., Deere & Company, Fiskars Group, ROBOMOW FRIENDLY HOUSE, WESFARMERS LIMITED, among others.
HONDA MOTOR CO., LTD is headquartered in Tokyo, Japan and was founded in 1953 which is engaged in segments such motorcycle business, automobile business, financial service business, power products business and other business. The company offers various products such as tillers, lawnmowers, snow throwers in garden equipment market.
The company has wide global presence across Asia-Pacific, Europe, North America, South America and Middle East and Africa.
Robert Bosch GmbH
Robert Bosch GmbH was founded in 1886 and is headquartered in Stuttgart, Germany.The company is engaged in precision mechanics and electrical engineering with different innovative strength and social commitment. The company is engaged in segments such as mobility solutions, industrial technology, consumer goods, energy and building technology with consumer goods as market focused segment.
The company has wide global presence in Europe, Americas, Asia, Middle East and Africa, Australia.
Kubota Corporation founded in 1890 and is headquartered in Osaka, Japan. The company is focusing to start manufacturing agriculture machines. The Kubota Corporation is focused on new product development farm & industrial machinery, water & environment and others business segment with farm & industrial machinery as market focused segment.
The company has wide global presence in Europe, North America, Asia, Middle East and Africa, Latin America.