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The snow blower market size is estimated to grow at a CAGR of 6.29% between 2023 and 2028. The market size is forecast to increase by USD 4.82 billion. The growth of the market depends on several factors, such as the prevalence of harsh winter conditions, the increasing urbanization in cold regions, and the growing demand for snow blowers in commercial applications. Our report examines historical data from 2018 - 2022, besides analyzing the current market scenario.
The report offers extensive research analysis on the Snow Blower Market, with a categorization based on Type, including residential and commercial. It further segments the market by Product Type, encompassing gas-powered, electric-powered, and battery-powered. Additionally, the report provides Geographical segmentation, covering APAC, Europe, North America, the Middle East and Africa, and South America. Market size, historical data (2018-2022), and future projections are presented in terms of value (in USD million) for all the mentioned segments.
Snow Blower Market Forecast 2024-2028
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Our researchers studied the data for years, with 2023 as the base year and 2024 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
One of the main factors that is driving the global snow blower market is the prevalence of harsh winter conditions, with specific regions facing challenging weather patterns fueling demand for effective snow removal solutions. For instance, Northern regions of North America, such as the NorthEastern United States and Canada, contend with heavy snowfall and frigid temperatures during the winter months.
Moreover, in these areas, snow blowers such as those from Toro and Honda, play a crucial role in efficiently clearing accumulated snow from residential driveways and commercial spaces. In addition, brands such as Husqvarna and Ariens cater to the demand for reliable snow removal equipment. Eastern European countries such as Russia, also confront severe winter climates, contributing to the overall global demand for robust snow blowers. Hence, such factors are driving the growth of the market during the forecast period.
The global snow blower market is revolunized by the smart technology integration and thereby enhancing the user experience through innovative features and connectivity options. In addition, leading market players are incorporating remote control functionalities and mobile app compatibility, allowing users to operate and monitor their snow blowers conveniently.
For example, the Husqvarnas ST430T snow blower offers smart features such as remote chute control and light-emitting diode (LED) headlights, providing users with greater control and visibility. In addition, the Toro SnowMaster series includes models with smart features such as joystick controls and automatic speed adjustments, optimizing performance and user comfort. Furthermore, manufacturers are exploring sensor-driven automation to enhance the efficiency of snow removal. Hence, such factors are driving the market growth during the forecast period.
One of the major challenges for the global snow blower market is the limited market growth in mild climates, as regions with infrequent or mild snowfall may not generate substantial demand for snow removal equipment. In addition, in areas where winter conditions are relatively temperate, the perceived necessity and usage of snow blowers diminish.
For instance, parts of the Southern United States, Southern Europe, or coastal regions with mild winters may not experience consistent snow accumulation, leading to a reduced market for snow blowers. In addition, manufacturers in such climates often face a constrained consumer base, limiting the potential for significant market expansion. Therefore, it poses a significant challenge to the companies to diversify their product offerings, incorporating features that cater to occasional and lighter snowfall scenarios. Hence, such factors are negatively impacting the market. Therefore, it is expected to hinder the market growth during the forecast period.
The residential segment is estimated to witness significant growth during the forecast period. The residential segment in the global snow blower market is tailored to meet the specific needs of individual homeowners, offering compact and user-friendly snow blowers designed for efficient snow removal from driveways and sidewalks. In addition, these residential snow blowers are characterized by their ease of use, maneuverability, and compact designs, making them well-suited for homeowners seeking a convenient solution to handle snow accumulation around their properties.
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The residential segment was the largest segment and was valued at USD 6.55 billion in 2018. Moreover, these models are powered by electricity, gas, or batteries, and they prioritize user comfort and simplicity, allowing homeowners to navigate and operate them with ease. In addition, prominent market players catering to residential purposes include trusted names such as Toro, Honda, and Husqvarna. For example, Toro is renowned for its Power Clear series, featuring compact and efficient snow blowers equipped with user-friendly controls. Hence, the presence of such market players and other factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
Based on the product type, the segment is classified into gas-powered, electric-powered, and battery-powered. The gas-powered segment constitutes a robust and versatile category within the global market, designed for demanding snow removal tasks. In addition, these snow blowers are powered by gasoline engines, offering users a high level of mobility and performance. Moreover, their application extends to larger areas, making them suitable for commercial use, as well as for homeowners with expansive driveways and significant snow accumulation. Furthermore, the gas-powered models are equipped to handle heavy and wet snow conditions efficiently, offering the necessary power to clear pathways effectively. Hence, such factors are fuelling the growth of this segment which in turn drives the market growth during the forecast period.
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North America is estimated to contribute 37% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. One of the main factors that is contributing to the market growth in North America is the harsh winter conditions in the region. In addition, the demand for snow blowers is robust, driven by both residential and commercial consumers seeking effective solutions for snow removal.
Moreover, in the northern US and Canada, where heavy snowfall is common, snow blowers are essential tools for maintaining clear driveways, sidewalks, and commercial properties during winter. Furthermore, the market in North America is characterized by a wide range of snow blower models catering to various needs, from compact electric units for residential use to powerful gas-powered machines designed for commercial and heavy-duty applications. Hence, such factors are driving the market growth in North America during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global snow blower market witnessed a significant slowdown as the pandemic severely affected manufacturing operations, leading to production delays and shortages of snow blowers in North America. However, in 2021, the initiation of large-scale vaccination drives lifted the lockdown and travel restrictions, which led to the restoration of operations in manufacturing units. Such factors are expected to drive the market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AEBI Schmidt Holding AG: The company offers snow blower such as FS HP series which is made of highly wear-resistant materials to withstand the heavy loads of winter service.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
Alamo Group Inc., AriensCo, Briggs and Stratton LLC, Bucher Industries AG, Caterpillar Inc., Cubcadet, Deere and Co., Doosan Corp., EGO, Greenworks Tools, Honda Motor Co. Ltd., Husqvarna AB, Power Equipment Co., Snow Joe LLC, Stanley Black and Decker Inc., The Toro Co., Yamaha Motor Co. Ltd., Yanmar Holdings Co. Ltd., and Zhejiang Dobest Power Tools Co. Ltd.
Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
The snow blower market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
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Snow Blower Market Scope |
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Report Coverage |
Details |
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Page number |
160 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 6.29% |
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Market Growth 2024-2028 |
USD 4.82 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.88 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 37% |
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Key countries |
US, Canada, China, Germany, and Russia |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
AEBI Schmidt Holding AG, Alamo Group Inc., AriensCo, Briggs and Stratton LLC, Bucher Industries AG, Caterpillar Inc., Cubcadet, Deere and Co., Doosan Corp., EGO, Greenworks Tools, Honda Motor Co. Ltd., Husqvarna AB, Power Equipment Co., Snow Joe LLC, Stanley Black and Decker Inc., The Toro Co., Yamaha Motor Co. Ltd., Yanmar Holdings Co. Ltd., and Zhejiang Dobest Power Tools Co. Ltd. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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