North America Snow Blower Market :

Industry, Size, Share, Growth, Trends and

Forecast, 2020-2030
May 2022

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 Research Methodology

Identification
of data
Collection Verification
Collaboration
of
Evaluation of of Data and Analysis
Data
Market
Dynamics

1. This step involves identification of several primary 2.This process consists 3.This stage involves the 4. This is the final stage,
and secondary data research sources, including of gathering data, validation of data and which involves both
Prophecy internal data sources. accessing proprietary arrival at actual statistics, quantity and quality
The primary sources consist of in-depth discussions databases, and reaching and evolution of the checks. Although the
and interviews with policy makers, industry experts, out to key industry market over the years. It process of data
and data evaluators, whereas secondary sources participants that entails the study and verification is an integral
include a thorough study of market journals, press operate in the market analyzes various segments part of the research
releases, annual reports, and Pharmaceuticals and across the value chain. and Applications of the process, all data points
non Pharmaceuticals agencies websites. It also involves studying market. An impact analysis and statistics and figures
This phase includes a detailed evaluation of several several patterns in is also performed to are re-checked to uphold
factors that are likely to affect the market dynamics. the historical data and observe which factors will their authenticity and
It involves a comprehensive assessment of major comparing it with the affect the market in the validity.
market pain points, drivers, and trends. current scenario. next few years.
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Research Process

PROJECT REPORT POST-SALE

SCOPE DELIVERY SERVICE

PROJECT REPORT
KICKOFF SYNTHESIS

MARKET
PRELIMINARY
ANALYSIS &
RESEARCH
SEGMENTATION

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 Research Methodology
Global Market Size

Market/Revenue share split by each market segment

Market/Revenue share of each key player in each
such as By Stage Type Fracturing Fluids/Fracturing
Type segment
Fluids sector/end user

Market/Revenue share of each key player in the Market/Revenue share split by each region and
global market country in the global market

Bottom-up Approach – Top-down Approach –

Collection of market related data and information Market size and analysis validation through primary
from primary and secondary sources, and data and secondary research participants and key opinion
analysis. leaders.
Primary Sources: Primary Sources:
 Demand Side Key Opinion Leaders  Demand Side Key Opinion Leaders
 Supply Side Key Opinion Leaders  Supply Side Key Opinion Leaders
Secondary Sources: Secondary Sources:
 Annual Reports  Annual Reports
 Financial Reports and Presentations  Financial Reports and Presentations
 Press Releases  Press Releases
 Research Journals  Research Journals
 Paid Data Sources  Paid Data Sources

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 Research Methodology
Definition and Scope – Prophecy Market Insights provide the market definition to
understand the target Type/service and provide the market scope to understand
the report coverage after thoroughly understanding of target market and market
specific requirements.

Primary Research – We formulates a detailed discussion guide to perform primary

research. In primary research collection of data is performed through telephonic
interview, E-mail questionnaire’s, and in-depth discussion with industry experts,
manufacturers, suppliers, and distributors. The primary research participant
includes but not limited to CEO’s, Managers, Directors, VP’s, Suppliers, CSO’s, and
etc.

Secondary Research – Our research analyst performs in-depth secondary research

and extensive data mining to collect market related information through various
authentic data sources such as Annual Reports, Trade Publications, Magazines,
Research Publications, Company Press Release, and some paid data sources.

In-house Data Analysis – After extensive data mining, we perform in-house market
analysis by using various data tools, statistical methods, and data analysis tools to
arrive on a conclusion and reduce the margin of error. We provide our overviews
and market forecast for the target market after thoroughly understanding and
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Scope & Coverage

The report considers 2019 as the base year. All calculations involving quantitative data are
based on 2019. The values represented in the report are actual values for 2019, whereas,
the values are estimated for the period 2020−2029.

2019 2020 2021-2029

Base Year Estimated Year Forecast Years

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Market Segmentation

North America Snow Blower Market

By Stage Type By End-User By Fuel Type By Region

 Single Stage  Residential  Gas Powered  North America

 Two-Stage  Commercial  Electric-Powered  Europe
 Battery-Powered  Asia Pacific
 Latin America
 Middle East & Africa

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 Currency Conversion

Currency Conversion 2013-2018

The standard currency used throughout the report is USD ($). However, in the case of other currencies, the annual average currency rate
(January 1 to December 31) is used for conversion. These conversion rates are rounded to the nearest decimal place. The chart below
represents the standard conversion rates used in the report.

Currency Conversion 2013 2014 2015 2016 2017 2018

$/€ USD/EUR 0.7532 0.7535 0.8969 0.8988 0.8605 0.8566

$/£ USD/GBP 0.6395 0.6072 0.6526 0.7309 0.7607 0.7586

$/¥ USD/JPY 98.58 105.84 120.9 107.5269 113.8867 111.0019

$/₭ USD/SEK 6.5127 6.8587 8.404 8.9328 8.4135 8.8826

$/A$ USD/AUD 1.0362 1.1094 1.3112 1.343 1.3042 1.3578

$/¥ USD/RMB (CNY) 6.1905 6.1432 6.1606 6.61 6.6294 6.6675

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 Executive Summary (5/9)
Figure 2.1: North America Snow Blower Market Value Share (%), By Stage
Description Type – 2020 (E)

 The U.S. and Canada snow blower market is expected to witness

increased demand from several regions in North America on
account of the high seasonal snowfall. These machines are likely to Single Stage
witness high demand for domestic usage to clear driveways,
backyards, and porches. The increased consumer confidence and
the rise in disposable incomes have increased snow blowers' Two-Stage
utilization for domestic application.

 A compact design and simplicity of technology have led to higher

usage, which, in turn, has propelled the demand for snow blowers
in recent years. The snow removal business's emergence with a
dedicated fleet of snow blowers that clear mountain passes and Analysis
saddles is further anticipated to affect the snow blower market in
the US favorably. With the growth in the Do-It-Yourself attitude
among consumers, snow removal equipment in the residential
segment in North America is expected to witness significant
demand during the forecast period.

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 Executive Summary (6/9)
Figure 2.2: North America Snow Blower Market Value Share (%), By End-User Figure 2.3:
2.4: North
North America
America Snow
Snow Blower
BlowerMarket
Market Value
ValueShare
Share(%),
(%),ByByFuel Type–
Region
Figure
– 2020 (E) 2.2: Global Portable -2019
2020(E)
(E

Gas Powered
Commercial

Electric-Powered
Residential
Battery-Powered

Analysis and Outcome

 Snow blowers are expected to witness demand from the commercial segment. These tools prove convenient as they are powerful and
can handle a heavier and larger amount of work. Professional service providers opt for commercial snow blowers, especially gas-
powered ones, as they have powerful engines, which help remove snow from rugged terrains.
 Manufacturers focus on the productivity and longevity of snow blowers in the residential segment. With the increasing popularity of
electric devices, manufacturers focus on implementing user-friendly features, thereby meeting the sustainability demand. Factors such
as lightweight and easy handling are expected to cause less fatigue to users than gas-powered ones. Therefore, the demand for electric
snow blowers among residential customers is likely to grow, thereby favorably affecting residential snow blowers' sales.

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Executive Summary

Market at Glance (2020)

Europe:
North America:
XX Mn
XX Mn
CAGR: XX%
CAGR: XX%

APAC:
XX Mn
CAGR: XX%

Latin America:
XX Mn
MEMA:
CAGR: XX%
XX Mn
CAGR: XX%

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