The global electric hedge trimmer market has shown consistent growth, achieving a notable net worth of USD 476.6 million by the end of 2022. According to Future Market Insights (FMI), the market is projected to expand further in 2023, reaching approximately USD 503.3 million.
This positive trajectory is expected to persist throughout the forecast period from 2023 to 2033, with the market anticipated to secure a robust CAGR of 5.6%. By the end of this period in 2033, the market is expected to reach an impressive valuation of USD 867.9 million.
The surge in electric hedge trimmer sales is largely driven by the growing trend of home gardening and an increased demand for landscaping and garden management services. Rapid urbanization and rising disposable incomes have also contributed to the heightened need for gardening and landscaping equipment, especially electric hedge trimmers.
These trimmers are gaining popularity among both casual users and professionals due to their practicality and environmentally friendly nature compared to traditional gas-powered devices. Additionally, the shift from gas-powered to electric trimmers has been fueled by lower operating costs and the demand for sustainable landscaping practices.
However, the presence of affordable alternatives, especially in regions with less stringent environmental regulations, may impact market dynamics. Despite the growing preference for electric models, some consumers still opt for the greater power and longer runtime offered by conventional trimmer types.
Key Takeaways from the Global Electric Hedge Trimmer Market Study Report by FMI
- The overall market is predicted to witness an absolute dollar growth of USD 364 million over the next ten years.
- Until 2022, the demand for electric hedge trimmers in Europe was higher than in North America. European countries contributed nearly 29% together, while the United States and Canada contributed 20% of the global sales in 2022.
- The Asia Pacific region, in particular, presents greater opportunities for electric hedge trimmer manufacturers as the standard of living is improving at a higher rate.
Competitive Landscape for the Electric Hedge Trimmer Market Players
- American Honda Motor
- ECHO
- Husqvarna
- Robert Bosch
- STIHL
- The Toro Company
- Blount International
- Ernak
- GreenWorks Tools
- Makita, MTD
- RYOBI
- Stanley Black and Decker
- Zhejiang Zomax Garden Machinery
- Flymo
are some top market players. To compete with gas- and battery-powered hedge trimmers, the leading players are concentrating on enhancing the effectiveness and performance of electric hedge trimmers. Additionally, maintaining product quality and abiding by safety regulations builds consumer confidence and retains a favorable reputation.
The growing competition in this market can be ascribed to the expanding use of electric hedge trimmers in several industries worldwide. New market players that can forge a solid presence and distribution system soon stand to gain a lot from this expanding market. They must also highlight their products’ distinctive selling characteristics, such as their usability and eco-friendliness, to differentiate themselves from competitors.
Robert Bosch announced introducing its new line of electric hedge trimmers, a strong motor, and a lengthy operating period in November 2022. The new series of electric hedge trimmers from Bosch are made for several gardening tasks, such as pruning bushes, shrubs, and hedges.
Key Segments Covered in the Electric Hedge Trimmer Industry Survey Report
By Application:
- Gardening
- Commercial Applications
By Blade Type:
- Laser Cut Trimmers
- Diamond Ground Trimmers
By Size of Hedge:
- Small Hedge
- Medium Hedge
- Large Hedge
By Length of Blade:
- Trimmers up to 46 cm
- Trimmers from 47 to 56 cm
- Trimmers of 57 cm or more
By Region:
- North America Market
- Latin America Market
- East Asia Market
- South Asia and Pacific Market
- The Middle East and Africa (MEA) Market
- Europe Market
Report Preview: https://www.futuremarketinsights.com/reports/electric-hedge-trimmer-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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