Snow Thrower Market Size, Share, Growth, and Industry Analysis, By Type (Below 7, 7-12, Above 12), By Application (Commercial Use, Residential Use) and Regional Insights and Forecast to 2031

Updated On: 22 April 2024

SNOW THROWER MARKET REPORT OVERVIEW

• 

• Request a Free Sample to learn more about this report

The global Snow Thrower Market Size was USD 799.8 million in 2020 and the market is projected to touch USD 907.3 million by 2027, exhibiting a CAGR of 1.8% during the forecast period.

The snow thrower market has witnessed significant growth in recent years, driven by the increasing demand for efficient snow removal equipment. As extreme weather conditions become more frequent in various regions, the need for reliable and powerful snow throwers has surged. Manufacturers have responded with innovative designs, incorporating advanced technology to enhance performance, durability, and user convenience. Both residential and commercial segments contribute to the market's expansion, with consumers seeking versatile machines capable of handling varying snow depths and types.

Additionally, the market's evolution has seen a shift toward eco-friendly models, emphasizing fuel efficiency and reduced emissions, aligning with the growing environmental consciousness among buyers. Overall, the snow thrower market continues to thrive, driven by evolving consumer preferences, technological advancements, and the necessity for efficient snow-clearing solutions.

COVID-19 Impact: Market Growth Increase by Pandemic due to high Demand for Snow Throwers

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The COVID-19 pandemic notably accelerated the demand for snow throwers as individuals and businesses sought more self-reliant ways to manage snow removal. With lockdowns and restrictions limiting outdoor activities and services, homeowners and commercial entities turned to snow throwers as an essential tool for clearing snow-covered driveways, walkways, and properties. The increased time spent at home and the necessity for maintaining safe and accessible spaces during the pandemic significantly boosted the sales and demand for snow throwers, highlighting their importance as a reliable solution for snow removal amidst challenging circumstances.

LATEST TRENDS

"Integration of Smart Technologies to Drive Market Growth"

One notable latest trend in the snow thrower market growth is the integration of smart technologies. Manufacturers are incorporating features such as Bluetooth connectivity, mobile apps for remote control, and sensors for enhanced performance and user convenience.

SNOW THROWER MARKET SEGMENTATION

• 

• Request a Free Sample to learn more about this report

• By Type

Based on type the global market can be categorized into Below 7, 7-12, Above 12.

Below 7 inches: Single-stage electric snow throwers ideal for light snowfall and smaller areas.

7-12 inches: Two-stage gas-powered snow throwers suitable for moderate to heavy snow on mid-sized properties.

Above 12 inches: Heavy-duty three-stage snow throwers designed to tackle deep snow accumulation in large areas with greater efficiency and power.

• By Application

Based on application the global market can be categorized into Commercial Use, Residential Use.

Commercial Use: Snow throwers are employed by businesses, municipalities, and property management companies for efficient snow removal in large parking lots, sidewalks, and commercial properties, ensuring safe and accessible spaces during winter.

Residential Use: Homeowners utilize snow throwers to clear driveways, pathways, and yards, offering a convenient and efficient means of managing snow accumulation, facilitating easier mobility, and reducing physical strain during winter months.

DRIVING FACTORS

"Weather Patterns and Climate Conditions to Boost the Market"

Fluctuating weather patterns and an increase in extreme weather events, including heavy snowfall in various regions, drive the demand for snow throwers. These climatic conditions necessitate reliable and efficient snow removal equipment, boosting the market for snow throwers as individuals and businesses seek effective solutions for snow clearance.

"Technological Advancements to drive market growth"

Ongoing technological innovations in snow throwers, such as the integration of advanced features like electric starters, adjustable chutes, improved engine efficiency, and smart technologies, continue to attract consumers. Enhanced performance, increased convenience, and improved user experience are driving factors spurring the growth of the snow thrower market.

RESTRAINING FACTORS

"Seasonal Demand and Market Saturation to set back Market Growth"

The seasonal nature of snowfall and the consequent demand for snow throwers restrict the year-round sales potential in certain regions. Additionally, market saturation in areas with established snow removal practices or equipment ownership limits the expansion of the snow thrower market, posing a restraining factor for sustained growth.

SNOW THROWER MARKET REGIONAL INSIGHTS

• 

• Request a Free Sample to learn more about this report

"North America dominating the Market due to distinct seasonal weather patterns"

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America and Middle East & Africa.

North America leads the snow thrower market primarily due to its distinct seasonal weather patterns characterized by heavy snowfall in various regions. The continent experiences prolonged winter seasons with significant snow accumulation, especially in Canada and parts of the United States. These weather conditions create a consistent demand for efficient snow removal equipment, driving the prominence of snow throwers in the market.

KEY INDUSTRY PLAYERS

"Key Industry Players Shaping the Market through Innovation and Diverse Product Offerings"

Key industry players are shaping the snow thrower market share through strategic innovation and diverse product offerings. By continuously introducing advanced technologies, such as smart features, eco-friendly designs, and enhanced performance capabilities, these leading companies capture significant market share. Their commitment to research and development, coupled with a focus on customer needs, allows them to offer a wide range of snow throwers catering to various preferences, ultimately influencing and solidifying their position in shaping the snow thrower market.

List of Market Players Profiled

• Honda Power Equipment (U.S)
• MTD (Modern Tool and Die Company) (U.S)
• Ariens (U.S)
• Toro (U.S)
• Briggs & Stratton (U.S)
• John Deere (U.S)
• Greenworks (U.S)
• Snow Joe (U.S)
• PowerSmart (U.S)

INDUSTRIAL DEVELOPMENT

Aug 2023: As the winter season approaches, DEWALT® makes its debut in the snow category by introducing its inaugural snow blower, the 21 In. 60V MAX* Single-Stage Snow Blower. This newly launched snow blower, crafted for exceptional runtime and top-notch performance, stands as the latest inclusion in DEWALT's expanding range of cordless outdoor power tools.

REPORT COVERAGE

The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.

The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.