The robotic lawn mower market in Sweden is likely to grow at a CAGR of 12.7% during the period 2016−2022.
Robotic Lawn Mower Market in Europe – Industry Outlook and Forecast 2017 – 2022 is the latest report published by Arizton Advisory and Intelligence. The report states that the high disposable household income in Sweden has propelled the demand for robotic lawn mower. For instance, the percentage change in the annual household disposable income in Sweden in 2014 was 2.04%. Sweden is the only EU country to have a higher GDP per capita than the EU average.
View report: Robotic Lawn Mower Market in Europe – Industry Outlook and Forecast 2017-2022
Sweden is home to the largest robotic lawn mower vendors: Husqvarna and Automower. GGP’s (STIGA’s) Stiga is known as Sweden’s one of the most known robotic lawn mower brands. The end-users in Sweden prefer to engage themselves in gardening activities. In addition, Stockholm, which is the capital city, is known as the hot-spot in the ICT sector, which means the prevalence of a tech-savvy population in the country. Tech-savvy end-users use technology to make their lives convenient. Thus, they are more likely to drive the demand for robotic lawn mowers in the country during the forecast period.
Analysts at Arizton also state that apart from Sweden and Germany, Austria, Switzerland, Italy, Belgium, France, the Netherlands, Norway, Denmark, Finland, Poland, Spain, and the UK are the other major countries for robotic lawn mowers in Europe. Further, the robotic lawn mower market in Europe market report also provides the information about the other countries.
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In the past, robotic lawn mowers were not able to make a significant impact on the UK households. The major reasons behind this was the British’s liking for heavy, noisy, and powerful lawn mowers among households. Thus, vendors found it difficult to market robotic lawn mowers in the country as the end-users were apprehensive of the performance and efficiency. However, with advancement in technology and the introduction of devices with lawn mapping and obstacle recognizing technology have created a positive traction in the market for robotic lawn mowers.
The report provides a holistic view of the market in Europe and outlines the top trends and opportunities, major growth driving factors and the restraints. The report also profiles major and other prominent vendors in the robotic lawn mower market in Europe.
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