Cordless Garden Equipment Market Overview
As per MRFR analysis, the Cordless Garden Equipment Market Size was estimated at 14.81 (USD Billion) in 2022.The Cordless Garden Equipment Market Industry is expected to grow from 15.63(USD Billion) in 2023 to 25.31 (USD Billion) by 2032. The Cordless Garden Equipment Market CAGR (growth rate) is expected to be around 5.51% during the forecast period (2023 - 2032).
Key Cordless Garden Equipment Market Trends Highlighted
Increasing demand for cordless power tools due to convenience and portability, rising disposable income in developing economies, growing urbanization and suburbanization, and expanding DIY and home improvement activities are key market drivers.
Advancements in battery technology, such as longer battery life and faster charging times, represent opportunities for market expansion. Additionally, the development of smart garden equipment with features like app-based control and automated features creates potential for new revenue streams.
Technological advancements are shaping the Cordless Garden Equipment Market. The integration of IoT and AI enhances user experience, safety, and efficiency. The rising popularity of electric vehicles has also influenced the adoption of cordless power tools, including garden equipment, due to compatibility with existing batteries. Moreover, the trend towards sustainability and reducing environmental impact is driving demand for eco-friendly cordless garden equipment.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Cordless Garden Equipment Market Drivers
Rising Demand for Convenience and Efficiency
The increasing adoption of cordless garden equipment is largely driven by the growing demand for convenience and efficiency among homeowners and professional landscapers. Cordless tools offer a number of advantages over traditional gasoline-powered equipment, including ease of use, reduced noise and emissions, and lower maintenance requirements. As a result, cordless garden equipment is becoming increasingly popular for a wide range of tasks, from mowing lawns and trimming hedges to pruning trees and clearing brush.
The increasing availability of powerful and affordable batteries is also fueling the growing popularity of cordless garden equipment. Advances in battery technology have made cordless tools more powerful and longer-lasting, making them a viable alternative to gasoline-powered equipment for even the most demanding tasks. In addition, the declining cost of cordless garden equipment is making it more accessible to a wider range of consumers.
Growing Environmental Concerns
Another major driver of the cordless garden equipment market is the growing environmental concerns among consumers. Cordless tools produce zero emissions, making them a more environmentally friendly option than gasoline-powered equipment. In addition, cordless tools are quieter than gasoline-powered equipment, which can be a major advantage for homeowners who live in close proximity to neighbors. The growing environmental consciousness among consumers is leading to a shift towards more sustainable products and practices, and cordless garden equipment is well-positioned to benefit from this trend.
Expansion of Smart Home Technologies
The growing adoption of smart home technologies is also driving the demand for cordless garden equipment. Smart home technologies allow homeowners to control their home appliances and devices remotely, including their garden equipment. This level of convenience and control is appealing to many consumers, and it is expected to continue to drive the demand for cordless garden equipment in the coming years. In addition, the integration of smart features into cordless garden equipment is making it easier for homeowners to maintain their lawns and gardens. For example, some cordless lawnmowers are equipped with sensors that can detect the height of the grass and adjust the cutting height accordingly. This type of innovation is making cordless garden equipment more user-friendly and efficient, which is further driving its adoption.
Cordless Garden Equipment Market Segment Insights
Cordless Garden Equipment Market Type Insights
The market is segmented by type into mowers, trimmers and edgers, chainsaws, leaf blowers and vacuums, tillers and cultivators, and hedge trimmers. The mowers segment held the largest share of the Cordless Garden Equipment Market in 2023, and it is projected to continue to dominate the market during the forecast period. The growth of this segment can be attributed to the increasing popularity of cordless mowers due to their convenience, ease of use, and low maintenance requirements.
The trimmers and edgers segment is projected to be the fastest-growing segment of the Cordless Garden Equipment Market during the forecast period. This growth can be attributed to the increasing demand for these products for use in small gardens and lawns.
The chainsaws segment is also projected to grow at a significant rate during the forecast period. This growth can be attributed to the increasing demand for chainsaws for use in forestry and landscaping applications.
The leaf blowers and vacuums segment is projected to grow at a moderate rate during the forecast period. This growth can be attributed to the increasing demand for these products for use in both residential and commercial applications.
The tillers and cultivators segment is projected to grow at a slow rate during the forecast period. This growth can be attributed to the decreasing demand for these products due to the increasing popularity of no-till farming practices.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Cordless Garden Equipment Market Power Source Insights
The Cordless Garden Equipment Market is segmented by Power Source into Battery-Powered and Electric-Powered. Battery-powered dominate the market, accounting for over two-thirds of revenue in 2023. This dominance is expected to continue over the forecast period, owing to the increasing popularity of cordless power tools due to their convenience and portability. Battery technology is also rapidly advancing, with new batteries offering longer runtimes and shorter charging times. Electric-powered cordless garden equipment is expected to grow at a faster rate over the forecast period, primarily driven by the growing adoption of electric vehicles and the increasing availability of charging infrastructure. The Cordless Garden Equipment Market revenue is projected to reach USD 18.44 billion by 2024, growing at a CAGR of 6.5% during the forecast period.
Cordless Garden Equipment Market Battery Technology Insights
The Battery Technology segment of the Cordless Garden Equipment Market is anticipated to witness significant growth in the coming years. Lithium-ion (Li-ion) batteries currently dominate the market owing to their high energy density, lightweight, and long lifespan. The Cordless Garden Equipment Market revenue from Li-ion batteries is projected to surpass USD 10 billion by 2024. Nickel-metal hydride (Ni-MH) batteries are another popular choice, offering a balance of cost and performance. However, their lower energy density compared to Li-ion batteries limits their adoption in high-power applications. Nickel-cadmium (Ni-Cad) batteries are less commonly used due to their lower energy density and environmental concerns. The market segmentation and data suggest that battery technology will remain a key differentiator in the Cordless Garden Equipment Market, driving innovation and growth in the industry.
Cordless Garden Equipment Market Voltage Insights
The voltage segment plays a crucial role in defining the capabilities and performance of cordless garden equipment. Different voltage levels cater to varying power requirements and applications. The 18V segment held a significant market share in 2023, owing to its versatility and affordability. It offers a balance between power and runtime, making it suitable for a wide range of tasks, from trimming hedges to mowing small lawns. The 20V segment is expected to witness substantial growth in the coming years, driven by the increasing popularity of compact and lightweight power tools.It provides enhanced power compared to 18V while maintaining portability. The 24V segment offers a higher voltage option for more demanding applications, such as hedge trimming and lawn mowing. It delivers increased torque and cutting power, making it suitable for larger gardens and tougher vegetation. The 36V segment caters to professional users and homeowners with large properties. It offers exceptional power and extended runtime, enabling efficient completion of heavy-duty tasks, such as tree trimming and lawn care. The 40V segment is gaining traction due to its ability to deliver cordless power comparable to gas-powered equipment.It provides exceptional cutting performance and long runtime, making it ideal for professional landscaping and demanding home applications. The 80V segment represents the highest voltage level in cordless garden equipment. It offers unmatched power and performance, enabling users to tackle the most challenging tasks, such as felling trees and clearing dense vegetation.
Cordless Garden Equipment Market End User Insights
The End User segment of the Cordless Garden Equipment Market holds significant importance, categorizing users based on their purpose of utilizing these tools. This segment is divided into three primary subcategories: Homeowners: Homeowners are individuals who use cordless garden equipment for personal landscaping and maintenance around their residential properties. This segment represents a substantial portion of the market, with a significant demand for user-friendly, lightweight, and versatile equipment. The growing trend of homeowners engaging in DIY projects has contributed to the growth of this segment.
Landscapers are professionals who provide lawn care and landscaping services to residential and commercial clients. They require durable, high-performance cordless garden equipment to efficiently maintain large outdoor areas. The increasing preference for eco-friendly landscaping practices has led to a rise in demand for battery-powered equipment among landscapers. Municipal contractors are entities contracted by local governments to maintain public green spaces, parks, and sports fields. They demand heavy-duty, industrial-grade cordless garden equipment capable of handling extensive workloads.The growing emphasis on sustainable urban development has spurred the growth of this segment as municipalities prioritize environmentally friendly maintenance practices.
Cordless Garden Equipment Market Regional Insights
The Cordless Garden Equipment Market is segmented into five regions, namely, North America, Europe, APAC, South America, and MEA. North America is expected to account for a major share of the global market in 2023, owing to the increasing adoption of cordless garden equipment by homeowners and professional landscapers. The region has a high disposable income and a large population of homeowners, which is driving the demand for cordless garden equipment. Europe is expected to be the second-largest market for cordless garden equipment, followed by APAC.
APAC is expected to exhibit the highest growth rate during the forecast period, owing to the increasing urbanization and rise in disposable income in countries such as China and India. South America and MEA are expected to account for a smaller share of the global market but are expected to witness steady growth during the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Cordless Garden Equipment Market Key Players And Competitive Insights
Major players in the Cordless Garden Equipment Market industry are continuously focusing on the development of innovative and advanced products to meet the evolving demands of consumers. They are investing heavily in research and development to enhance the performance, efficiency, and durability of their products. Leading Cordless Garden Equipment Market players are adopting various strategies such as mergers and acquisitions, partnerships, and collaborations to expand their market reach and gain a competitive advantage. The Cordless Garden Equipment Market is characterized by intense competition, with major players vying for market share. To stay competitive, companies are focusing on product differentiation, innovation, and strategic partnerships.A leading company in the Cordless Garden Equipment Market is Black+Decker. The company offers a wide range of cordless garden equipment, including lawnmowers, trimmers, and blowers. Black+Decker is known for its innovative products and commitment to quality.
The company has a strong distribution network and a loyal customer base. Another major player in the Cordless Garden Equipment Market is Greenworks. The company offers a wide range of cordless outdoor power equipment, including lawnmowers, trimmers, and chainsaws. Greenworks is known for its eco-friendly products and its commitment to sustainability. The company has a strong online presence and a growing market share.A competitor company in the Cordless Garden Equipment Market is Ryobi. The company offers a wide range of cordless power tools and outdoor equipment, including lawnmowers, trimmers, and blowers. Ryobi is known for its affordable products and its focus on do-it-yourselfers. The company has a strong distribution network and a loyal customer base. Ryobi is a major competitor to Black+Decker and Greenworks in the Cordless Garden Equipment Market. The company is continuously investing in new product development and marketing to gain market share.
Key Companies in the Cordless Garden Equipment Market Include
- Briggs Stratton Corporation
- Ryobi Limited
- MTD Products
- Deere Company
- Stanley Black Decker
- Makita Corporation
- Greenworks Tools
- Ryobi Technologies
- Bosch Power Tools
- Hitachi Koki Co., Ltd.
- The Toro Company
- Ego Power+
- Techtronic Industries
- STIHL
- Husqvarna AB
Cordless Garden Equipment Market Industry Developments
Rising demand for eco-friendly gardening solutions: Consumers are increasingly seeking sustainable and environmentally friendly gardening practices, driving the demand for cordless electric garden equipment over gasoline-powered alternatives. Technological advancements: Advancements in battery technology, such as lithium-ion batteries, have significantly improved the runtime and power of cordless garden equipment, making them more comparable to gasoline-powered models. Expansion of product offerings: Manufacturers are expanding their product lines to include a wider range of cordless garden equipment, such as lawn mowers, trimmers, blowers, and hedge trimmers, meeting the diverse needs of consumers. The growing popularity of robotic lawn mowers: Robotic lawn mowers are gaining popularity due to their convenience and ability to maintain lawns autonomously, further contributing to the growth of the cordless garden equipment market. Strategic partnerships and acquisitions: Key players in the market are forming partnerships and acquiring smaller companies to strengthen their product offerings and expand their market reach.
Cordless Garden Equipment Market Segmentation Insights
Cordless Garden Equipment Market Type Outlook
- Mowers
- Trimmers and Edgers
- Chainsaws
- Leaf Blowers and Vacuums
- Tillers and Cultivators
- Hedge Trimmers
Cordless Garden Equipment Market Power Source Outlook
- Battery-Powered
- Electric-Powered
Cordless Garden Equipment Market Battery Technology Outlook
Cordless Garden Equipment Market Voltage Outlook
Cordless Garden Equipment Market End User Outlook
- Homeowners
- Landscapers
- Municipal Contractors
Cordless Garden Equipment Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
14.81(USD Billion) |
| Market Size 2023 |
15.63(USD Billion) |
| Market Size 2032 |
25.31(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.51% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Briggs Stratton Corporation, Ryobi Limited, MTD Products, Deere Company, Stanley Black Decker, Makita Corporation, Greenworks Tools, Ryobi Technologies, Bosch Power Tools, Hitachi Koki Co., Ltd., The Toro Company, Ego Power+, Techtronic Industries, STIHL, Husqvarna AB |
| Segments Covered |
Type, Power Source, Battery Technology, Voltage, End User, Regional |
| Key Market Opportunities |
Increased consumer demand Technological advancements Growing home improvement sector Ecommerce expansion Environmental sustainability |
| Key Market Dynamics |
Growing consumer preference for technological advancements and rising disposable income |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Cordless Garden Equipment Market is expected to be worth 15.63 billion USD in 2023.
The Cordless Garden Equipment Market is projected to be worth 25.31 billion USD in 2032.
The CAGR of the Cordless Garden Equipment Market from 2024 to 2032 is expected to be 5.51%.
North America is expected to have the largest market share in the Cordless Garden Equipment Market in 2032.
The key applications of Cordless Garden Equipment include lawn care, gardening, and landscaping.
The key competitors in the Cordless Garden Equipment Market include The Toro Company, Husqvarna Group, and Stanley Black Decker.
The major factors driving the growth of the Cordless Garden Equipment Market include the increasing popularity of cordless power tools, the rising demand for convenience, and the growing awareness of environmental sustainability.
The challenges faced by the Cordless Garden Equipment Market include the high cost of cordless power tools, the limited battery life, and the lack of standardization of battery systems.
The opportunities for growth in the Cordless Garden Equipment Market include the development of new battery technologies, the expansion of cordless power tool applications, and the growing adoption of cordless power tools by professional landscapers.
The key trends in the Cordless Garden Equipment Market include the increasing popularity of robotic lawnmowers, the growing demand for cordless hedge trimmers, and the development of new cordless power tool accessories.
