North America And Europe Snow Blower Market share by applications and regions for 2018- 2024

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North America And Europe Snow Blower Market
growth outlook with industry review and forecasts
2018-2024 Global Market Insights, Inc.
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• Global Market Scenario of Construction Industry

• North America and Europe Snow Blowers Market size
  is forecast to exceed USD 30 billion by 2024.
  North America and Europe snow blowers (Snow
  Thrower) market will be primarily driven by
  increasing motorways connectivity in the region,
  which is consistently growing over past few
  years.
• Traditionally, North America and Europe are known
  for the heavy snow fall. Motorways connectivity
  in these regions are increasing substantially,
  especially in hilly regions where snow fall is
  generally high.
• Companies operating in the snow throwers market
  constantly indulge into new product development,
  acquisition and joint ventures strategy. For
  instance, In September 2017, John Deere signed an
  agreement to acquire Blue River Technology, Blue
  River is a leader in applying machine learning to
  agriculture. This acquisition is likely to
  strengthen its market position and distribution
  network in North America.

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• This increased connectivity in these regions is
  projected to fuel the snow blowers market over
  the forecast period. For instance, in 2010 total
  motorways length in the Europe was 71,192 km and
  it is expected to reach 85,281 km by 2025. With
  increasing connectivity and motorways length,
  product demand in the region shall increase over
  the forecast timeframe.
• Different kinds of equipment are used to remove
  snow. Compared to other equipment, blower is very
  effective medium to remove snow. The available
  alternatives to snow throwers include angle
  plough, spreader, snow pusher and scrapper.
• These products are available in market at a price
  comparatively lower than snow blowers, which may
  hamper product demand over the forecast timeframe.

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• Regional Analysis

• In 2017, Europe held the largest market share in
  snow blowers market. This can be attributed to
  the high disposable income of people and most of
  the snow receiving regions are in Europe. Owing
  to the increasing global warming, snow fall in
  North America is increasing rapidly. Due to this,
  North America is projected to expand with
  significant CAGR during the forecast timespan.

• Competitive Analysis

• The North America and Europe snow blowers market
  includes giant multi-national players to local
  medium scale companies. North America and Europe
  snow blowers market include many prominent
  vendors such as Ariens, MTD Holdings Inc., Honda,
  Husqvarna AB, Briggs Stratton, Marcel Boschung
  Ag, John Deere, RPM Tech Inc., Aebi Co. AG
  Maschinenfabrik, The Toro Company, Zhejiang
  Dobest Power Tools Co. Ltd., Overaasen As, Stiga
  Spa, Kubota Corporation and Caterpillar.

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