This comprehensive market research and strategic analysis study of the Europe electric lawn mower market offers investment opportunities, market size, and trend forecast during the period 2019−2024. The Europe electric lawn mower market is anticipated to reach values of more than $4billion by 2024, growing at a CAGR of approximately 7% during 2018-2024.
Market Size & Forecast by Product Type | 2019-2024
Market Size & Forecast by End-user Type| 2019-2024
Market Size & Forecast by Mower Blade | 2019-2024
Market Size & Forecast by Drive Type | 2019-2024
Market Size & Forecast by Geography | 2019-2024
The growing need to introduce innovative garden equipment for maintaining residential lawns, golf courses, sports fields, and public parks is driving the demand in the Europe electric lawn mower market. The three different categories of machinery used in the European market consists of walk-behind lawn mowers, ride on mowers, and the robotic lawn mowers. The emergence of voice-activated control systems and integration of intuitive systems will fuel the development of the market over the next few years. The increasing need for better manageability, information security, and low maintenance costs will create lucrative opportunities for the leading vendors in the Europe electric lawn mower market. For instance, Bosch Power Tools leverages IoT data from its connected robotic mowers (Indego 400 Connect) to address its customers’ needs in the market better. The advancements in battery chemistries and electronic technologies will result in the launch innovative commercial lawn mowers and other gardening tools in the European market. The extensive use of grounds maintenance services and landscaping services will contribute to the increased profitability in the market. The leading vendors are investing in the development of lightweight gardening tools and eco-friendly devices to attract the maximum number of consumers in the lawn mower market in Europe. The initiation of Horizon 2020 program by EU that focuses on creating an industrial leadership by evolving current manufacturing operations and leveraging advanced computing, sensor technology, and robotics will result in the transformation of the Europe electric lawn mower market.
The emergence of robotic mowers and the need for efficient gardening tools will drive innovations in the electric lawn mower market in Europe. The vendors are redesigning and equipping the new devices with sensors that stop mowing when they are lifted. The new machines are equipped with machine vision to identify obstacles and a compass, accelerometer, GPS, camera, and safety sensors, thereby fueling the demand for these mowers in the European market. The increasing inclination towards smart technology and going green concept will boost the adoption of these devices and attribute to the revenues in the European market. Robotic mowers require the least amount of human intervention and have built-in safety features are installed in many variants to prevent injuries in the market. Some of the newer models launched in the market also come with several anti-theft features. The integration of such value-added features will drive the growth of the Europe electric lawn mower market over the next few years.
Top trends observed in the Europe electric lawn mower market include:
The Europe electric lawn mower market is very fragmented due to the presence of various regional and international players. The increasing number of product/service extensions, technological innovations, and M&A activities will intensify the competition in the market during the forecast period.
The major vendors in the Europe market are:
Other prominent vendors include AGCO, Alamo Group, AL-KO, Ariens Company, AS-Motor, Bad Boy Mowers, Black + Decker, Blount International, Bobcat Company, Briggs & Stratton, Carraro, Chevron Group, Cobra, Einhell Germany, Emak Group, ErkuntTraktorSanayii, E.ZICOM, Generac Power Systems, Greenworks Tools, Grey Technology (GTECH), Hangzhou Favor Robot Technology, Hayter Limited, Hitachi, Hustler Turf Equipment, Linea Tielle, LG, Lowe’s Corporation (Kobalt), Makita Corporation, Mamibot, Masport, McLane Manufacturing, Mean Green Products, MilagrowHumanTech, Moridge Manufacturing, Ningbo NGP Industry, Positec Tool (WORX), SCAG Power Equipment, Schiller Grounds Care, Shibaura, Snow Joe, STIHL, SUMEC (Yard force), Swisher Acquisition, Techtronic Industries, Textron, Kobi Company, Turflynx, Yamabiko Europe (Belrobotics), and Zhejiang Tianchen Intelligence & Technology.
The report also includes
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