This comprehensive market research and strategic analysis study of the global electric lawn mower market offers investment opportunities, market size, and trend forecast during the period 2019−2024. The global electric lawn mower market is estimated to generate revenues of around $7 billion by 2024, growing at a CAGR of approximately 8% 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 demand for garden equipment for grass cutting and lawn mowing purposes is fueling the growth of the global electric lawn mower market. The emergence and integration of voice-activated control systems will revolutionize the global market. For instance, vendors such as Husqvarna, in March 2018 demonstrated the functions of "Just Ask Alexa," and future Amazon Alexa features for Husqvarna Automower mowers through its Automower Connect application. The increasing focus on better manageability, better information security, lower maintenance cost, and overall benefits will help players gain a larger global market share. The increase in sustainable living behaviors and unconventional sources that have risen out of the urban phenomenon of mixed-use community spaces and is driving the demand in the global electric lawn mower market. The launch new products that have power, speed, versatility, and capabilities of handling numerous terrains will boost the profitability in the global market. The use of a number of channels and agile technologies has enabled commercial landscapers to keep track of valuable information such as product performance and operation statistics in the market. Asian countries such as China and India are witnessing increased adoption of power garden equipment for lawn care, which in turn will positively impact the growth of the market. Europe is the largest robotic lawn mowers market globally. These mowers are light-weight, easy to operate, and eco-friendly, which acts as an advantage and drives the sale of these products in the global electric lawn mower market.
The increasing adoption of green spaces and green roofs will propel the adoption of new machinery and boost revenues in the global electric lawn mower market. Green spaces typically help to improve air and water quality and reduce heat build-up in the environment. The several health and environmental benefits associated with green roofs will propel the growth of the global market. These devices have various applications in golf courses and other large parks and lawns and are fueling the development of the global lawn mower market. The urban planners and city officials worldwide are giving an increased emphasis on the allocation of green spaces in cities to improve livability in the global electric lawn mower market. Robotic lawn mowers are an alternate choice over traditional mowers for mowing these green roofs as they are better suited for mowing in closed locations bordered by wires. Thus, these green roofs initiatives would drive the market for battery-powered mowers and add to the increased profitability in the global electric lawn mower market during the forecast period.
Top trends observed in the global lawn mower market include:
The global electric lawn mower market is witnessing a stiff competition between the players on the basis of offerings and pricing. The vendors are diversifying their product portfolio to increase their technical expertise and consumer base in the global electric lawn mower market.
The major vendors in the global 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, 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), Zhejiang Tianchen Intelligence & Technology, and Zucchetti Centro Sistemi (ZCS).
The report also includes
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