Global Cordless Electric String Trimmer Market Overview:
The cordless electric string trimmer is an important tool which powerful as they are easy to use. And it is suitable for professional, occasionally user. With the rapid growth in the gardening activities in Asia Pacific regions, this market is seeing strong in Asia Pacific regions. Gardening becoming one of the most general leisure activities, along with growing awareness of the greenery. Apart from these gardens are also becoming one of the fashionable places and it is booming the housing market. Some of the key players profiled in the study are Bosch (Germany), KARCHER (Germany), MTD Holdings (United States), Husqvarna (Sweden), John Deere (United States), Stihl (Germany), Briggs & Stratton (United States), Toro (United States), Stanley Black & Decker (United States) and TTI, Inc. (United States).
On the basis of geography, the market of Cordless Electric String Trimmer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Line Advance System, the sub-segment i.e. Automatic will boost the Cordless Electric String Trimmer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Features, the sub-segment i.e. Antivibration will boost the Cordless Electric String Trimmer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Shaft , the sub-segment i.e. Curved will boost the Cordless Electric String Trimmer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing Demand of Cordless Electric String Trimmer for Residential Use
- Growing Demand Due to Online Availability
- High Demand Due to Improved Features
- The Availability of the Substitutes
- Technological Innovations in the Equipment Such as Improvement in the Noise Blade
- High Adoption for Commercial Use in the Emerging Countries
- Fluctuation in Cost of Raw Materials
Major Market Developments:
In Mar 2020, Makita USA Inc. announced the product innovation including cordless string trimmer initiatives. Through this initiative, the company is becoming more competitive in the market.
The global cordless electric string trimmer market is highly competitive. Companies operating in this market focus more on R&D activities to develop new products. With the growing applications are developed by companies to reinforce their market presence. The operating companies are strongly exploring the market by adopting various growth mergers & acquisitions, expansions, investments, new product launches, and collaborations as their market growth strategies.
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Cordless Electric String Trimmer Manufacturers, Distributors, and Suppliers, Raw Material Providers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Cordless Electric String Trimmer market on the basis of product [Battery Power and Charger Power Supply] , application [Household Used and Commercial], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Cordless Electric String Trimmer market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Cordless Electric String Trimmer industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Positec (Worx) (China), Black & Decker (United States) and Ryobi (Japan).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Cordless Electric String Trimmer market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.