During the forecast period, the market size for electric hedge trimmers is anticipated to grow at a CAGR of 5.6%. The market is anticipated to be worth US$ 476.6 million in 2022 and US$ 819.7 million by 2032.
Due to increased production of gardening equipment and technological advancements in conventional equipment, there is an increase in demand for electric hedge trimmers. Due to their affordability, electric hedge trimmers are likely to see a rise in popularity in parks and private gardens. It is the most dependable tool for trimming extra bushes and shrubs and improving the aesthetics of gardening.
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 in consumer’s attitude toward landscaping, and an increase in awareness regarding tree plantation in many countries is further augmenting the growth of 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.
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Furthermore, the integration of an 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 power consumption and provide an 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.
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 in 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 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 sectors along with a boost in the standard of living across the region. MEA is one of the key budding regions that will generate notable opportunities 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 in 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
The Electric Hedge Trimmer Market consists of well-diversified global and regional players with the global vendors ruling the market. Regional players are finding it problematic to compete based on technology, quality and pricing. Conventional players can manufacture products, which can hamper their competitor’s presence in the Electric Hedge Trimmer Market. Consequently, the vendors must develop new technologies and be updated to preserve the competitive advantage in the Electric Hedge Trimmer Market.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters.
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Key Segments Profiled in the Electric Hedge Trimmer Industry Survey
Electric Hedge Trimmer Market by Application:
- Electric Hedge Trimmers for Gardening
- Electric Hedge Trimmers for Commercial Applications
Electric Hedge Trimmer Market by Blade Type:
- Laser Cut Electric Hedge Trimmers
- Diamond Ground Electric Hedge Trimmers
Electric Hedge Trimmer Market by Size of Hedge:
- Small Electric Hedge Trimmers
- Medium Electric Hedge Trimmers
- Large Electric Hedge Trimmers
Electric Hedge Trimmer Market by Length of Blade:
- Electric Hedge Trimmers upto 46 cm
- Electric Hedge Trimmers from 47-56 cm
- Electric Hedge Trimmers upto 57 cm or more
Electric Hedge Trimmer Market by Region:
- North America Electric Hedge Trimmer Market
- Latin America Electric Hedge Trimmer Market
- Europe Electric Hedge Trimmer Market
- Asia-Pacific Electric Hedge Trimmer Market
- Japan Electric Hedge Trimmer Market
- Middle East and Africa Electric Hedge Trimmer Market
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