According to a new report, published by KBV research, The Global Lawn and Garden Water Equipment Market size is expected to reach $6.4 billion by 2030, rising at a market growth of 4.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 89 million units, experiencing a growth of 3.7% (2019-2022).
The Commercial segment is exhibiting a CAGR of 5.4% during (2023 - 2030). Watering tools are used by skilled landscapers and gardeners to maintain the grass and flowers on commercial properties, including golf courses, hotels, parks, and public gardens. Watering crops, orchards, and fields with sprinklers, irrigation systems, and water hoses promotes healthy development and increased yields. To maintain optimal humidity levels, hydrate young plants, and promote controlled growth, nurseries, and greenhouse operators use water equipment.
The Semi-automatic segment is leading the Global Lawn and Garden Water Equipment Market by Control Type in 2022; thereby, achieving a market value of $2.6 billion by 2030. The growth of the segment is owed to the widespread use of these types of water equipment controls. A practical and effective way to maintain a lovely and healthy landscape is to use semi-automatic lawn and garden watering equipment. These devices improve plant care while conserving water and time by providing enough and precise watering. The lawn and garden sections will receive sufficient hydration from these systems' reliability and even irrigation.
The Sprinklers segment is experiencing a CAGR of 4% during (2023 - 2030). The popularity of sprinklers is growing due to their vast range of alternatives for consumers, as well as technological advancements in sprinkler system installation that vary from traditional settings to automatic watering systems and increase the need for lawn and garden irrigation equipment. Additionally, the growth of the sprinkler sector internationally and the present increase in technology that conserves water will support a sustainable environment.
The North America region dominated the Global Lawn and Garden Water Equipment Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.4 billion by 2030. The Europe region is anticipated to grow at a CAGR of 3.8% during (2023 - 2030). Additionally, The Asia Pacific region would experience a CAGR of 4.7% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/lawn-and-garden-water-equipment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of The Toro Company, KUBOTA Corporation, Stanley Black & Decker, Inc., Makita Corporation, Emak SpA (Yama SpA), Rain Bird Corporation, Mountfield Group PLC, Estwing Manufacturing Co., Inc., and Briggs & Stratton, LLC (KPS Capital Partners).
By Usage (Volume, Million Units, USD Million, 2019-2030)
By Control Type (Volume, Million Units, USD Million, 2019-2030)
By Product Type (Volume, Million Units, USD Million, 2019-2030)
By Geography (Volume, Million Units, USD Million, 2019-2030)
Companies Profiled