Overview of the global hedge trimmer market
Market research analysts at Technavio predict that the global hedge trimmer market will grow steadily during the forecast period and post a CAGR of more than 5% by 2021. This market research analysis identifies the technological advancements leading to improved features in hedge trimmers as one of the primary growth factors for this market. The customers’ needs are constantly evolving and consequently the manufacturers must also constantly innovate and develop new products and provide end users with more utility. Variable speeds, improved blade sizes, low-noise blades, Li-ion batteries, and less space requirement are some of the improved features that are being incorporated into hedge trimmers in addition to increased durability and efficiency.
The market research report identifies the emergence of battery operated hedge trimmers as one of the primary trends. Consumers are now more environment-conscious along with faced with high fuel prices and are now shifting to battery operated hedge trimmers due to their benefits such as freedom of movement, the low maintenance required, the absence of electrical cords, less noise, lightweight, and convenience even when the trimmers need to be held for extended hours. Advantages in battery technologies including better prices and better performances will propel the growth for this market.
Competitive landscape and key vendors
The market consists of well-diversified global and regional players with the global vendors dominating the market. Regional players are finding it difficult to compete based on technology, quality, and pricing. Established players can manufacture products that can hamper their competitor’s presence in the market. Subsequently, the vendors must develop new technologies and be updated to retain the competitive advantage in the market.
The leading vendors in the market are -
- American Honda Motor
- ECHO
- Husqvarna
- Robert Bosch
- STIHL
- The Toro Company
The other prominent vendors in the market are Blount International, Emak, GreenWorks Tools, Makita, MTD, RYOBI, Stanley Black & Decker, and Zhejiang Zomax Garden Machinery.
Segmentation by product type and analysis of the hedge trimmer market
- Corded Hedge trimmers
- Cordless Hedge trimmer
During 2016, the cordless hedge trimmer segment accounted for the major shares and dominated this market. This is due to the advancements in technology and availability of wide variety of hedge trimmers, influencing the competitors to reduce the noise levels and increase the cutting efficiency. Additionally, the benefits of the cordless trimmer such as the ease of usage, lightweight, eco-friendly, and less noisy will contribute to the growth of this industry segment in the coming years.
Segmentation by end user and analysis of the hedge trimmer market
- Commercial end user
- Residential end user
During 2016, the commercial end user segment dominated the market due to increase in commercial spaces. Building contractors at public parks, school playgrounds, restaurant lawns, corporate lawns, golf courses, and other public places such as malls make use of different types of lawn and garden equipment, including hedge trimmers, brush cutters, blowers, tractors, chippers, snow blowers, and several types of mowers.
Key questions answered in the report include
- What will the hedge trimmer market size and the growth rate be in 2021?
- What are the key factors driving the global hedge trimmer market?
- What are the key hedge trimmer market trends impacting the growth of the global hedge trimmer market?
- What are the challenges to market growth?
- Who are the key vendors in the global hedge trimmer market?
- What are the market opportunities and threats faced by the vendors in the global hedge trimmer market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global hedge trimmer market?
Technavio also offers customization on reports based on specific client requirement.