Cordless Garden Equipment Market

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 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.

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.

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 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.