Snow Blowers Market: Introduction
The earth is home to over 8.7 million species and over 7.5 billion human beings. The climate varies from place to place being extremely low temperatures at the north and south poles and extremely high temperatures at the Equator. The climate of a place majorly depends on its distance from the equator or in other words, on the amount of direct heat received from sun. About 68% of the Northern Hemisphere is occupied by land and around 55% of this land receives moderate to heavy snowfall every year. Several countries, such as the U.S, Canada, Russia and approximately whole of Europe witnesses extreme winters and snow for around half of the year. The snowfall in these countries hinders the transportation sector and daily life. A thick blanket of snow or ice on roads makes driving and walking difficult. Clearing snow is a major task for the officials and the management. Various strategies are adopted for either melting or moving away this snow that often gets deposited on roads after snowfall. Snow is moved with help of snow blowers, snow plows, shovels and other equipment to mobilize traffic and general life.
Snow blowers are machines used for throwing snow from one location to another and are hence, also referred to as snow throwers. The basic difference between a snow shovel and snow blower is that snow shovels push snow to the front or side whereas snow blowers pump up the snow and throw it to another location or into hauling trucks. Snow blowers use a specially designed auger driven by an engine to scoop up the snow and discharge it through the chute. Snow blowers are available in different sizes and capacity in the global market.
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Snow Blowers Market: Dynamics
Snow is a major issue in several countries as it severely affects life. According to some estimates, over 70% of accidents in winter happen due to the inefficient traction on tracks. According to the Federal Highway Administration, about 70 percent of the U.S. population lives in these snowy regions, which receive more than 5 inch of snow on a yearly basis and about 70 percent of the accidental deaths that occur during winters are automobile deaths. This number is more or less similar in most of the countries including North America, Europe and Northern Asia. Governments across the globe are emphasizing on improving road safety infrastructure and are investing significantly on it. Over the past few years, several governments and road federations have increased their spending on snow moving and road clearing contracts. Also, contractors, municipalities and road organizations are quickly adopting new technologies to track rising demands. Snow blowers are majorly employed for railway track clearing as they work more effectively than shovels. Expansion of railway networks is yet another factor expected to increase the demand for snow blowers in near future.
Apart from being used on road and railway tracks, snow blowers are also majorly used in several other public and private spaces, such as airports, ski-resorts, grounds, parks and others. The snow in these places is either melted or thrown sideways to clear desired space. Also, the growth of snow parks is one of the prime factors responsible for the growth of the global snow blowers market.
On the other hand, snow blowers are not a permanent solution for snow deposition as they only displace snow, which then gets accumulated in other places. More often, the technique of salinization is adopted for melting snow or snow is moved either manually or through shovels. Similarly, the growth of alternate technologies and increasing number of options available for moving snow is estimated to be a restraint to the global snow blowers market.
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Snow Blowers Market: Region-wise Outlook
In terms of geography, Europe and North America are estimated to be the largest markets for snow blowers due to the favorable climate conditions and large consumer base. Also, over the last few years, the number of contractors operating in the in the snow moving and management business in Europe have significantly increased. Growing road and highway network in several countries and major planned projects, such as ‘one belt – one road’, are estimated to drive the demand for snow blowers in future. The U.S is planning to increase its spending on infrastructure, which is estimated to create high growth opportunities for snow blower manufacturers and dealers. North Asian countries such as China, Korea, and Japan are estimated to be the dominant participants in the region.
Snow Blowers Market: Market Participants
The global Snow Blowers market is a highly fragmented market as it is composed of several small and medium players offering their products in the regional market. Some examples of market players operating across the value chain of the snow blowers market include Yanmar Co., Ltd., John Deere, The Toro Company, MTD Holdings Inc., Venture Products, Inc., Husqvarna AB (Husqvarna Group), American Honda Motor Co., Inc., among others.
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