Reserach Report on Global Garden Tractor Market

Reserach Report on Global Garden Tractor Market

Bharat Book Bureau provides the report, on “ Reserach Report on Global Garden Tractor Market". market research analyst predicts the global garden tractor market to grow at a CAGR of around 6% during the forecast period. The growing importance of green spaces due to health and environmental benefits is driving the growth of this market. https://www.bharatbook.com/automotive-market-research-reports-739322/garden-tractor-global.html

18th Jan2016 Mumbai, India: Bharatbook.com announces a report on “Reserach Report on Global Garden Tractor Market". This research report predicts this region to retain its market leadership until the end of 2020, growing at a rate of 5%.

Market outlook of the garden tractor market

market research analyst predicts the global garden tractor market to grow at a CAGR of around 6% during the forecast period. The growing importance of green spaces due to health and environmental benefits is driving the growth of this market. Rapid urbanization has led to an imbalance in resource use and pollution raising concerns among urban planners and city officials. Numerous projects have been taken up by non-profit organizations to increase the green space in cities. For instance, in Dubai, the municipality has projected the addition of green space through landscaping and horticulture projects as a part of its ‘Dubai 2020’ vision.

The expansion of golf courses worldwide is expected to contribute to the market growth during the forecast period. For instance, in China, the number of golf courses have nearly tripled from 2004 to 2011 due to the initiatives that were taken by the Chinese government to boost local property and land prices. The growth of golf tourism in Asia, the Caribbean, and Africa is also anticipated to boost the market growth until the end of 2020.

Geographical segmentation and analysis of the garden tractor market

• APAC

• Europe

• North America

• ROW

North America accounted for 51%...