LAWN & GARDEN EQUIPMENT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Lawn & Garden Equipment Market, By Equipment Type (Lawn Mower, Chainsaw, Trimmers, Blowers, Tillers, Snow Throwers, Others), By End User (Residential, Professional Landscaping, Golf Courses & Sports Arenas, Government & Municipalities, Others), By Power Source (Gas-powered, Electric-powered, Battery-powered, Manual-powered), By Distribution Channel (Offline, Online), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)

Recent Developments:

New product launches:

In February 2023, Husqvarna, a leading global brand in forest and garden products, launched a new range of products, called the Husqvarna Aspire range, that support the power for all battery system. The range includes a robotic mower, walk behind mower, grass trimmer, pruner, hedge trimmer, and blower.
In 2021, Honda Power Equipment (offers powerful and durable generators, lawn mowers, tillers, trimmers, snow blowers, and water pumps for your home or business) launched the all-new Honda eGX electrified power unit, advancing the company's portfolio of battery-powered products. The eGX delivers quiet, emissions-free power for Lawn Garden equipment.

In 2020, Briggs & Stratton (small engine producer, the number one marketer for pressure washers, and a leading manufacturer of power generation, lawn and garden turf care and job site products.) unveiled the advanced Vanguard 400 single cylinder engine, featuring turbo cooling technology to deliver cooler, cleaner power for commercial lawn mowing applications.

Acquisition and partnerships:

In 2021, Stanley Black & Decker (American manufacturer of industrial tools and household hardware, and a provider of security products.) acquired MTD Products, a privately held global manufacturer of outdoor power equipment. The acquisition expanded Stanley Black & Decker's portfolio in the fast-growing Lawn & Garden Equipment Market.
In 2020, American Honda (develops and manufactures automobiles. The Company offers passenger cars, trucks, motorcycles, ATVs, generators) entered an agreement with Yamabiko Corporation (a Japanese manufacturer of power tools) to integrate Honda's general purpose engine business within Yamabiko Corporation's commercial power products division. The partnership strengthened their collaboration across procurement, development, and sales.
In 2018, Briggs & Stratton Corporation (small engine producer, the number one marketer for pressure washers, and a leading manufacturer of power generation, lawn and garden turf care and job site products.) acquired Ferris Industries, a leading manufacturer of commercial and residential zero-turn mowers. The acquisition broadened Briggs & Stratton Corporation's turf care product offerings.