The robotic lawn mower market is projected to grow from $861.6 million in 2016 to $2,225.9 million by 2022, growing at a CAGR of 17.14% during the forecast period.
Arizton’s recent market research report on the robotic lawn mower market provides comprehensive industry analysis, trend forecasts, and competitive analysis. The research study segments the market by distribution channel (retail and online), end-user (commercial and residential), and geography (North America, APAC, Europe, and ROW).
The rising inclination toward developing an aesthetic appeal through landscaping and the growing demand for professional landscaping services are driving the growth of the global robotic lawn mower market. The introduction of battery-powered robotic lawn mowers will boost the adoption of these devices for gardening and landscaping in the global market during the forecast period.
The leading three drivers and trends driving the robotic lawn mower market are discussed below:
The growing popularity of landscaping services for providing aesthetic appeal to commercial or residential lawns is driving the demand for robotic lawn mowers in the global market. The increase in the construction of decorative structures, ponds, patios, and green winding paths is fueling the traction of outdoor landscaping and boosting the growth of the global robotic lawn mower market. Factors such as the recovery of the commercial construction sector and improvements in the housing market will have a positive impact on the global robotic lawn mower market. The expansion of planting areas, replacing lawns, and designing and building new landscape areas in various countries in the US and the UK is driving the demand for better and safer landscaping and gardening equipment in the global market.
Rapid urbanization and need to promote sustainable environment are increasing the popularity of green spaces and green roofs across commercial and residential buildings across the globe. The growing popularity and adoption of green spaces and green roofs will propel the growth of the robotic lawn mower market over the next few years. The increase in green spaces helps to improve the air and water quality and reduce the heat built-up in the environment. Different government organizations and non-profit agencies around the world are undertaking initiatives to promote and build green spaces and green roofs to reduce the effect of environmental pollution through horticultural and landscape projects. Such efforts will fuel the demand in the global robotic lawn mower market during the forecast period.
The proliferation of automated home systems that provide centralized control of individual systems such as small appliances, environmental control systems, consumer electronics, and building components will promote the adoption of robotic lawn mowers in the global market. The development of smart homes is driving innovations in autonomous robotic lawn mowers in the global market. The enhanced connectedness and the ability to converge robotic technology in smart homes will drive the growth of the global robotic lawn mower market over the next few years.
Friendly Robotic/Robomow, Global Garden Products, Husqvarna, Robert Bosch, Zucchetti Centro Sistemi are the leading vendors in the robotic lawn mower market.
The report offers a detailed study of major trends, drivers, challenges, and provides the market size and forecast for major geographical regions and key countries.
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