This comprehensive market research and strategic analysis study of the global lawn mower market offers investment opportunities, market size, and trend forecast during the period 2019−2024. The global lawn mower market is projected to reach around $37 billion by 2024, growing at a CAGR of approximately 5% during the period 2018-2024. The market research report also offers market size analysis in terms of unit volumes during the forecast period.
Lawn Mower Market – Segmentation Analysis
Market Size & Forecast by Product Type | 2019-2024
Market Size & Forecast by Fuel 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 Start Type | 2019-2024
Market Size & Forecast by Geography | 2019-2024
The extensive use of garden equipment, which includes walk-behind mowers, ride-on mowers, and robotic lawn mowers for lawn maintenance and lawn mowing fueling the growth of the global lawn mower market. The introduction of different types of blades based on the terrain and mowing requirements for mulching grass across residential lawns, golf courses, sports fields, and public parks is generating lucrative opportunities for vendors operating in the global market. Intuitive integration, a collaboration of systems, and the emergence of voice-activated control systems will lead to the launch of smart or robotic lawn mowers in the global market. Better manageability, improved information security, low maintenance cost, and overall benefits derived from convergence along with more intuitive control are a few key factors contributing to the growth of the lawn mower market. The development of lightweight gardening tools that are convenient to users is fueling the demand for these products in the market.
Further, the rapid advancement in technology and the use of smart tech are likely to enable vendors to launch innovative and eco-friendly products in the global lawn mower market. The increasing demand for upgrades and the overwhelming response toward robotic lawn mowers in Europe will fuel the adoption of these systems in the worldwide market over the next few years. The increasing focus on outdoor landscaping, which is generating a high demand for garden equipment such as mowers, garden tillers, is likely to affect market growth positively. The advancement in robotics technology and the growing popularity of domestic robots will further contribute to growing revenues.
The latest trend witnessed in the global lawn mower market is the increasing adoption of smart robotic technologies among end-users across the world. Some of the most popular smart technologies adopted by end-users include robotic personal assistants, robotic lawn mowers, robotic window cleaners, and robotic vacuum cleaners. The introduction of smart appliances that allow customers to monitor, control, and perform mowing regularly from a remote location will provide automation and innovation in the global market. The introduction of smart robotic lawn mower will result in quick and easy mowing features with reduced cost of operations. The development of smart homes and enhanced connectedness and the ability to converge robotic technology with the smart home concept will revolutionize the lawn mower market over the next few years. The launch of smart machines that offers intelligent visual navigation and the ability to integrate with the internet and control through a smartphone application will transform the global lawn mower market.
Top trends observed in the global lawn mower market include:
The global lawn mower market is highly fragmented due to the presence of several regional and international players. The leading 50 companies account for 95% of the worldwide lawn mower market.
The major vendors in the global market are:
Other prominent vendors include AGCO, Alamo Group, AL-KO, Ariens Company, AS-Motors, Bad Boy Mowers, Black + Decker, Blount international, Bobcat Company, Briggs & Stratton, Carraro, Chevron Group, Cobra, Einhell Germany, Emak Group, Erkunt Traktor Sanayii, E.ZICOM, Generac Power Systems, Greenworks Tools, Gtech (Grey Technology), Hangzhou Favor Robot Technology, Hayter Limited, Hitachi, Hustler Turf Equipment, Linea Tielle, LG, Lowe's Corporation , Makita Corporation, Mamibot, Masport, McLane Manufacturing, Mean Green Products, Milagrow HumanTech, Moridge Manufacturing, Ningbo NGP Industry, Positec Tools (Worx), SCAG Power Equipment, Schiller Grounds Care, Shibaura, Snow Joe, STIHL, Sumec (Yard Force), Swisher Acquisition, Techtronic Industries, Textron, The Kobi Company, Turflynx, Yamabiko, Zhejiang Tianchen Intelligence & Technology , Zucchetti Centro Sistemi (ZCS)
The report also includes
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