This market research report includes a detailed segmentation of the global hedge trimmer market by product (gas hedge trimmer and electric hedge trimmer). It also outlines the market shares for key regions like APAC, Europe, North America, and ROW. The top vendors analyzed in this report are Honda, Husqvarna, STIHL, and Toro.
Technavio’s market research analysts estimate the global hedge trimmer market, which is expected to grow at a CAGR of more than 4% between 2016 and 2020. Recent increase in urbanization and residential and commercial construction activities across the globe has spurred the demand for hedge trimmers. North America occupies 58% of the hedge trimmer market, owing to recent increase in the number of households that participate in lawn and garden activities
The new market research report from Technavio provides a breakdown and analysis of the hedge trimmer segments by technology.
“The popularity of landscaping has increased with the rising need to provide aesthetic appeal to residential and commercial properties around the world. This increase in the demand for landscaping appliances from the residential and commercial sectors will augment the demand for hedge trimmers during the forecast period,” says Abhay Sinha, Lead Analyst, New Coverage, Technavio Research.
The market research analysts have estimated the gas powered hedge trimmer segment to be the largest market segment during the predicted period. This segment currently accounts for more than 57% of the total market share and is estimated to retain its dominating hold over the market by 2020 owing to its high fuel efficiency and ease of operation.
The key vendors in the global hedge trimmer market include Honda, Husqvarna, STIHL, and Toro. This market includes well-diversified global and regional vendors. However, as global players are increasing their footprint in the market, regional vendors are finding it increasingly difficult to compete with them in terms of quality, technology, and pricing.
A more detailed analysis is available in the Technavio report, Global Hedge Trimmer Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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