Technavio, a tech-focused market research firm, has published a new report on the global brush cutter market, which is expected to grow at a CAGR of more than 5% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global brush cutter market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
Click here to request a free sample of this report
Brush cutter market in the Americas: Increasing construction activities is the key driving force behind the growth of the brush cutter market in the Americas. Household disposable income in the region is increasing in tandem with the recovery of its economy, increasing the purchasing power of the individuals in the country. This has fueled interest in outdoor landscaping among end-users, and subsequently translating to a surge in demand for brush cutters.
According to Poonam Saini, a lead analyst at Technavio, specializing in research on retail goods and services, “Brush cutters find application in the agricultural sector for cutting weeds and other unwanted plants. As agriculture plays an important role in the countries in Central and South America, the demand for brush cutters in the agricultural sectors in these countries is also increasing with an increase in the mechanization of farm equipment.”
Brush cutter market in EMEA: Rise in the construction of new homes and renovation of existing homes is the driving force behind the demand for brush cutters in the EMEA. In terms of revenue generation in the brush cutter space, Germany, France, and the UK are the key countries the European market. Industry analysts at Technavio anticipate the brush cutter market in EMEA to account for a revenue of around USD 1 billion by 2021.
Brush cutter market in APAC: Asia-Pacific (APAC) is one of the fastest growing brush cutter markets in the world. An increase in industrialization and urbanization has led to an increase in the demand for landscaping services, and subsequently brush cutters, in developing countries such as India and China. The increasing popularity of DIY activities and the increasing number of apartments and complexes that have exclusive garden areas, especially in India, is expected to further fuel the demand for brush cutters in the APAC region in the coming years.
The leading vendors operating in the global brush cutter market are:
- Honda Siel Power Products
- Husqvarna
- Robert Bosch
- STIHL
Other prominent vendors in the market include Blount International, Deere and Company, Emak, GreenWorks Tools, Makita, MTD, Stanley Black and Decker, TTI, and Zomax.
A more detailed analysis is available in the Technavio report titled, ‘Global Brush Cutter Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Camp Fire Tripod Market 2017-2021
- Global Children’s Outdoor Swing Market 2017-2021
- Global Connected Gym Equipment Market 2017-2021
To read more press releases – click here
