New York City, NY, 27 December, 2019/ 24 Market Reports: A snow thrower or snow blower is an equipment used to extract snow from a highway, rail track, or a driveway to provide access to the traffic. To remove the snow and allow the route to remain active at all times snow throwers are widely employed on highways and rail tracks.
The emergence of snow removal business is driving the growth for the snow throwers market
North America and Europe are the regions that experience the snowfall at a higher rate and thus use the snowblower equipment at a larger rate. Extreme weathers and increased snowfalls are the effects of the global warming which is resulting in the increased use of snow throwers that is influencing the growth of the market. Also, to clear driveways, backyards and porches the use of snow throwers takes place excessively. The compact design and simplicity of usage are been resulting in the increased usage of the device which is propelling the growth of the market. The emergence of snow removal business is been resulting in the increased use of snow throwers which is resulting in the increased usage of snow throwers that are boosting the growth of the global market.
High fuel consumption is estimated to restrict the growth of the market
Consumption of high fuel and high cost of the device are the factors that are hindering the growth of the global snow thrower market. Hence the usage of these devices is restricted and are used only in extreme conditions. Snow-bower operated injuries are reported every year and hence are needed to be operated under medical surveillance. The clogging of snow in the machine causes the damage to it and thus requires to be repaired at regular intervals of time. These factors are also hindering the growth of the market at regular intervals.
Battery-powered snow blowers segment to witness significant growth in the market
Type of power, stage, application industry and region are the segmentation for the global snow thrower market. Battery power and gas power are the prominent categories for the market based on the type of power. Gas-powered snow throwers are the traditional type of snow throwers with their use in high-performance applications such as on rail tracks and highways. Battery-powered snow blowers are witnessing an increased demand owing to the rise in domestic demand for snowblowers.
Single-stage snow throwers to witness significant growth in the household chores
Single-stage and double stage are the two widely used categories for the market based on stages. Compact, light-weighted, easy to handle and ideal for household chores are the features of single-stage snow throwers and hence own a significant demand in the market. Two-stage snow blowers are heavy-duty machines with power-assisted wheels, which makes them efficient for operations even in slopes and mountain areas.
Europe and North America to be the major markets for global snow throwers
Rails, roads, domestic and ice rinks are the categories for the market based on application. Roads and domestic are the major categories for the market with significant demand. Increased demand for ice sports is estimated to boost the ice rink segment, which in turn is expected to drive the snowblower market shortly. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa are the segmentation for the market based on geography with North America and Europe being the major regions in the market.
The following are the major objectives of the study:
- To define, describe, and forecast the global snow thrower market on the basis of product, application and region.
- To provide detailed information regarding major factors influencing growth of the market (drivers, restraints, and opportunities).
- To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contributions to the overall market.
- To analyze the opportunities in the market for key stakeholders and provide details of the competitive landscape for leading market players.
- To forecast the size of the market segments with respect to four main regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW).
- To strategically profile the key market players and comprehensively analyze their market shares and core competencies.
- To track and analyze competitive developments such as acquisitions, expansions, new product launches, agreements, and collaborations in the global snow thrower market.
Critical Questions which the report answers:
- What are the major vendor/manufacturers in the market? What is their growth potential during next decade?
- What are the key revenue generating pockets for global snow thrower market and their future potential during next decade?
- How competitive landscape is evolving in global snow thrower market?
