Automation Driving Global Garden Tillers Market
Arizton’s recent research report on the garden tillers market identifies STIHL, Husqvarna Group, STIGA, and Honda as the major players that are likely to dominate the market. The research report provides a comprehensive industry study, trend forecasts, and competitive analysis. The study segments the garden tillers market by product types (front-tine, rear-tine, cultivators, and mid-tine), end-user types (commercial and residential), and geography (APAC, Europe, North America, Latin America, and MEA).
The global garden tillers market is likely to reach over $1.5 billion by 2024, growing at a CAGR of around 5% during 2018–2024. The report offers market share in terms of million units.
Garden tillers are the most common garden equipment for tilling and weeding. They use several blade types depending on the terrain and tilling requirements in residential lawns, golf courses, sports fields, and public parks. North America and Europe hold 50% and 30% shares respectively in garden tillers market in 2018.
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The garden tillers market is divided into three major segments- product types, end-user types, and geography.
Stringent emission norms worldwide are driving the front-tine tillers market
The front-tine tillers segment is likely to witness the highest incremental growth of over $150 million, growing at a CAGR of over 5% during the forecast period. The implementation of stringent emission norms by regulatory bodies worldwide to tackle increasing pollution levels is driving the front-tine tillers market. Front-tine tillers have tines on the front of the machine. The location of wheels at the rear makes it easy to maneuver. These tillers are affordable and are specifically designed for smaller gardens.
Front-tine tillers are expected to witness a strong demand from developing economies such as India and China, where the average farm size is around 1.25 hectares.
The US is the most lucrative market in North America with high adoption of both front-tine and rear-tine tillers. 20015 Versa Front Tine Tiller, YT5328 Compact Front Tine Tiller, SFTT142 Front Tine Tiller, were the most popular front-tine tillers in 2018.
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The rise in commercial construction sector in developed and emerging countries has positively affected the garden equipment market
The rise in commercial construction activities, including office spaces, large parks, and gardens in developed countries (US and Europe)and emerging economies (China and India)has positively affected the garden equipment market. The use of garden tillers helps in the efficient management of green covers in commercial properties such as gardens, golf courses, and theme parks, among others. The increasing demand for professional landscaping services in commercial establishments such as golf course, theme parks, football stadiums, and other commercial environments is influencing the adoption of garden tillers in the commercial sector. Theme parks are one of the most crucial revenue generators for garden tillers, as they drive the demand for regular landscaping services. In terms of shipments, the global garden tillers market by commercial segment is expected to reach over 1.2 million units by 2024, growing at a CAGR of over 5.5% during the forecast period.
The US and Canada are the major revenue contributors to the North America tillers market
The US and Canada are the major revenue contributors to the North America market. The two countries are witnessing a surge in the adoption of garden tillers due to increasing popularity of roof gardens and the growth of the landscaping industry. The growing demand for landscaping services from existing residential and commercial properties is also expected to have a positive influence on the garden tillers market during the forecast period. The increase in the spending power with stable economic growth and sales reaching pre-recession levels are expected to drive the sale of garden tillers. The growth of Internet of Things(IoT) in residential, industrial, and commercial sectors is highly influencing the smart garden tillers market in North America. The smart home market in North America is expected to grow at a CAGR of 15% during 2018–2026. The growing penetration of automation in different industries is also expected to create a demand for smart connected devices, including smart garden tillers.
The other prominent vendors of the global garden tillers market are Makita Corp., MTD Products, The Toro Company, Emak, Techtronic Industries, Stanley Black & Decker, Globe Tools Group, Sumec, AL-KO Kober, Snow Joe, Lowe’s Corp., Pellenc, Einhell Germany, Active, Cobra, Rochford Garden Machinery, Schiller Grounds Care, Yardmax, MacKissic, and Texas.
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The complete overview of the latest market research report on the global garden tillers market by Arizton is now available.
The report offers a detailed study of major trends, drivers, challenges, and provides market sizing and forecast for major geographical regions and key countries.
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