Increase in urban green patches, aided by technological advancements pertaining to battery chemistry and electronic technology, has increased the demand for commercial lawn mower across the globe. This trend is expected to continue over the next few years and substantially grow the market globally.

Global Commercial Lawn Mower Market: Insight

According to a market research report, Commercial Lawn Mower Market – Global Outlook and Forecast 2018-2023 by Arizton, conscious efforts being put in by urban planners, government agencies, ecologists, environmental bodies, and public-private partnerships across the globe to create new green spaces and preserve and improve the existing ones will drive the growth of the global commercial lawn mower market over the next few years. Analysts at Arizton believe that growing awareness about the green space and an increasing focus on building environmentally sustainable communities would contribute to the growth of the market globally. This environmental-focused approach coupled with the development of non-pneumatic tire technology and influx of battery powered lawn mowers, are expected to drive the growth of the market, globally, over the next five years.

With rapid urbanization and westernization, APAC is expected to be a huge market as civic bodies, in this region, are designing more commuter communities such as railway corridors, highways, and entirely new cities, which are environmentally sustainable.

Analysts at Arizton expect the market to cross $37 billion in terms of revenue by 2023, growing significantly at a CAGR of 5.31% during the period 2017-2023.

Global Commercial Lawn Mower Market: Manufacturer Dynamics

Deere and Company, Honda Motor Company, Husqvarna Group, Kubota, Toro, and MTD Products are the major manufacturers in the market. Other prominent manufacturers mentioned are Ariens Company, Bobcat, BOSCH Group, Briggs & Stratton, Hustler Turf Equipment, Scag Power Equipment, and Swisher Acquisition Inc.

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