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Cordless Garden Equipment Market to 2020 - Lawnmower is Accounted 36%

2015-12-29
The research analyst predicts the global cordless garden tools market to grow steadily at a CAGR of 5% during the forecast period. The rising need to add aesthetic appeal to residential and commercial properties around the world is a key driver for the growth of this market. Landscaping is believed to increase the value of a property by nearly 12%. The unfavourable weather conditions such as floods, dry summers, and heavy snowfalls create a demand for the repair of lawns, trees, hedges, and gardens, triggering a need for cordless garden equipment.
New trends such as hybrid lawn mowers are also expected to contribute to the market growth during the forecast period. Most electric ride-on mowers have a low battery capacity and have run times of about an hour. Hybrid mowers that have an on board charging system can address this problem efficiently. For instance, the Raven MPV-7100 has a 420 cc engine that powers the on-board 7,100-watt generator. The generator powers the blades, outlets, and charges the batteries. The power outlet can supply power to up to 5 outlets, for 8 hours at half load on a full tank of gas.