The global electric hedge trimmer market is expected to be worth US$ 476.6 million in 2022. Electric Hedge Trimmer sales are predicted to rise at a CAGR of 5.6 percent between 2022 and 2032, with a total value of US$ 819.7 million. Electric hedge trimmer use increased at a 3.1 percent value CAGR from 2016 to 2021.
Electric Hedge Trimmer, also known as shrub trimmer or bush trimmer, is widely utilized to trim extra hedges to maintain healthy lawns. The current technological advancement, such as the battery-operated Electric Hedge Trimmer, has encouraged more people to engage themselves in gardening.
Improvised features such as variable speeds, low-noise blade movement, improved blade sizes, Li-ion batteries and robustness of the new device are incorporated into Electric Hedge Trimmers in addition to increasing working efficiency and durability.
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Electric Hedge Trimmer Market: Dynamics
The key driving factor for the global Electric Hedge Trimmer Market is the growing interest and demand for gardening. The macroeconomic factor such as growing urbanization coupled with a change of consumer’s attitude towards landscaping, and an increase in awareness regarding tree plantation in many countries is further augmenting the growth for Electric Hedge Trimmer Market.
The significant increase in sales of gardening equipment owing to the rise in disposable income coupled with a growing interest in gardening is highly anticipated to drive the global Electric Electric Hedge Trimmer Market. Moreover, considerable growth in the Asian gardening equipment manufacturing industry and technological advancement in traditional Electric Hedge Trimmer will create a significant opportunity for the global Electric Hedge Trimmer Market.
Furthermore, the integration of inbuilt battery in the Electric Hedge Trimmer is highly anticipated to boost the demand for Electric Hedge Trimmer. As Electric Hedge Trimmer is designed to minimize the power consumption and provide ideal cut shape as per requirement, Electric Hedge Trimmer is gaining huge recognition across all regions.
All the above mentioned major influencing factors are highly anticipated to drive the global Electric Hedge Trimmer Market over the forecast period. The key restraining factor, such as high manufacturing cost and high power consumption factor may hinder the global Electric Hedge Trimmer Market growth over the forecast period.
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Electric Hedge Trimmer Market: Regional Outlook
The global Electric Hedge Trimmer Market is segmented into seven regions: North America, Latin America, Europe, CIS & Russia, Japan, APEJ (the Asia Pacific excluding Japan) and MEA. Among the above-mentioned countries, Europe is estimated to account for a significant market share due to growing interest among the population regarding gardening. North America is anticipated to witness a high growth in the global Electric Hedge Trimmer Market owing to its growing economy with a huge population base ready to spend on the gardening equipment.
Moreover, APEJ is projected to showcase optimistic growth in the global Electric Hedge Trimmer Market due to the rise in the landscaping activities in both commercial and residential sector along with a boost in the standard of living across the region. MEA is one of the key budding regions that will generate notable opportunity in the global Electric Hedge Trimmer Market over the forecast period due to the rise in per-capita expenditure on gardening equipment.
Electric Hedge Trimmer Market: Prominent players
Prominent players for the global Electric Hedge Trimmer Market are
- American Honda Motor
- ECHO
- Husqvarna
- Robert Bosch
- STIHL
- The Toro Company
- Blount International
- Emak
- GreenWorks Tools
- Makita
- MTD
- RYOBI
- Stanley Black & Decker
- Zhejiang Zomax Garden Machinery
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