This comprehensive market research and strategic analysis study of the US electric lawn mower market offers investment opportunities, market size, and trend forecast during the period 2019−2024. The US electric lawn mower market is projected to reach revenues of over $1 billion by 2024, growing at a CAGR of around 5% during 2018-2024. The market research report also offers market size analysis in terms of unit volumes during the forecast period.
Information offered in the US electric lawn mower report include:
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
The exponential increase in commercial construction activities and demand for backyard beautification among households is propelling the growth of the electric lawn mower market in US. The growing focus on the procurement of energy-efficient solutions that results in sustainable development and reduces carbon emissions will fuel the demand for electric mowers in the US market. The replacements of legacy systems and upgrades will create a lucrative opportunity for leading vendors in the US market. The development of lightweight gardening tools that are designed for the ease and comfort of the end-users will contribute to the revenues in the US electric lawn mower market. The rapid advancement of technology is leading to the introduction of battery-powered devices in the US market. The leading vendors are leveraging advanced technologies to introduce new variants of gardening tools in the US market. Husqvarna and MTD Products are expanding their product portfolio to attract a maximum number of consumers in the US market. The recovery of the economy and growth in end-users’ spending sentiments will boost the purchasing power and discretionary spending and create lucrative opportunities in the market over the next five years. The introduction of robotic lawn mowers will deliver higher performance, and the ease of use coupled with intelligent programming will boost the adoption of these products in the market. The increasing number of consumers participating in sports, recreational and shopping activities, driving maintenance of lawns in retail, sports facilities, and urban city spaces and fueling the demand in the US electric lawn mower market.
The increasing focus on the development of sustainable cities will drive the demand in the US electric lawn mower market. The need for natural greenery and biodiversity in urban landscapes will help improve the quality of life from a health and wellness perspective in the US market. The growing awareness and interest in the environmental, health, and social benefits of green spaces, enabling the development of sustainable cities for inclusive growth in the US market. The urban planners, government agencies, ecologists, environmental bodies, and public-private partnerships are working towards developing new green spaces and preserving the existing ones, thereby boosting the demand for commercial lawn mowers in the market. In 2009, World Bank Urban and the local government launched a new initiative Eco2 Cities that provides a framework, methods, and tools that propagate the attainment of environmental and economic sustainability through integrated solutions and change management in the market. This initiative is driving the need for innovative machinery for maintaining greenways, trails, parks, reserves, green roofs, and other green spaces in the US market. The extensive use of lawn maintenance products and services will boost revenues in the US electric lawn mower market.
Top trends observed in the US electric lawn mower market include:
The US electric lawn mower market is witnessing players altering and refining their unique value proposition to achieve a strong presence. The leading players are designing new business models and focusing on developing the portfolios to sustain the intense competition in the US electric lawn mower market.
The major vendors in the US market are:
Other prominent vendors include AGCO, Alamo Group, AL-KO, Ariens Company, 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, Hitachi, Hustler Turf Equipment, Linea Tielle, LG, Lowe’s Corporation (Kobalt), Makita Corporation, Mamibot, Masport, McLane Manufacturing, Mean Green Products, Milagrow HumanTech, Moridge Manufacturing, Ningbo NGP Industry, Positec Tool (WORX), SCAG Power Equipment, Schiller Grounds Care, Shibaura, Snow Joe,STIGA, 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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