Follow on Google News News By Tag Industry News News By Place Country(s) Industry News
Follow on Google News | US demand for power lawn and garden equipment to hit $11 billion in 2015Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report.
By: Joe Walsh The residential market dominates power lawn and garden equipment demand, typically accounting for nearly three quarters of industry sales. This share fell through the recent recession because residential do-it-yourself consumers had the freedom to postpone equipment purchases. To 2015, equipment sales to residential users will make a strong turnaround as US housing activity improves and homeowners return to greater discretionary spending. Sales to users of commercial equipment will see nearly double-digit growth to 2015 as revenues improve for landscaping firms, the largest commercial equipment market. Pent-up demand will also promote strong sales to golf courses and government and to other commercial facilities. Over the longer term, both golf courses and government agencies are expected to reduce their equipment spending on average due to lower operating budgets. The report “Power Lawn & Garden Equipment: US industry forecasts for 2015 & 2020” is available from Report Buyer at: http://www.reportbuyer.com/ Reportbuyer Product Code: FED00042 Report Buyer http://www.reportbuyer.com/ # # # Report Buyer is a UK-based independent online store supplying business information on major industry sectors. These include the Automotive Industry, Banking & Finance, Energy & Utilities, Food & Drink, Telecoms and Pharma & Healthcare. End
Account Email Address Account Phone Number Disclaimer Report Abuse
|
|