Analysis on Impact of COVID-19-Cordless Garden Equipment Market 2020-2024 | Product Innovation And Portfolio Expansion to Boost Growth | Technavio
Technavio has been monitoring the cordless garden equipment market and it is poised to grow by USD 512.38 mn during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Cordless Garden Equipment Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ANDREAS STIHL AG & Co. KG, Blount International Inc., Deere & Co., Emak Spa, Hitachi (News - Alert) Ltd., Honda Motor Co. Ltd., Husqvarna AB, MTD Products Inc., Robert Bosch GmbH, and The Toro Co. are some of the major market participants. Although product innovation and portfolio expansion will offer immense growth opportunities, fluctuations in raw materials prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Product innovation and portfolio expansion have been instrumental in driving the growth of the market. However, fluctuations in raw materials prices might hamper market growth.
Cordless Garden Equipment Market 2020-2024 : Segmentation
Cordless Garden Equipment Market is segmented as below:
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Cordless Garden Equipment Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our cordless garden equipment market report covers the following areas:
This study identifies the growth in marketing campaigns to increase product awareness as one of the prime reasons driving the cordless garden equipment market growth during the next few years.
Cordless Garden Equipment Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the cordless garden equipment market, including some of the vendors such as ANDREAS STIHL AG & Co. KG, Blount International Inc., Deere & Co., Emak Spa, Hitachi Ltd., Honda (News - Alert) Motor Co. Ltd., Husqvarna AB, MTD Products Inc., Robert Bosch GmbH, and The Toro Co. Backed with competitive intelligence and benchmarking, our research reports on the cordless garden equipment market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Cordless Garden Equipment Market 2020-2024 : Key Highlights
Table Of Contents :
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution channel
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