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Global $34.79 Bn Power Lawn Mower Market, 2020-2024 - Emergence of Robotic Mowers Presents Lucrative Opportunities

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Feb 13, 2020, 12:00 ET

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DUBLIN, Feb. 13, 2020 /PRNewswire/ -- The "Global Power Lawn Mower Market with Focus on Robotic Mower: Insights, Trends & Forecast (2020-2024)" report has been added to ResearchAndMarkets.com's offering.

The global power lawn mower market is estimated to reach US$34.79 billion in 2024, growing at a CAGR of 4.13% for the period spanning from 2020 to 2024.

The factors such as increasing construction activities, growing market of smart homes, rapid urbanization, growing disposable incomes, expansion of the residential construction sector, and surging need of landscaping services are expected to drive the market. However, the growth of the industry will be challenged by increasing the adoption of artificial grass turf.

A few notable trends include replacement of manual mowers with robotic mowers, growing adoption of green roofs, environment-friendly technology, advancement in artificial intelligence, the rising popularity of backyard gardening, increasing government efforts and shift towards smart technology.

The global power lawn mower market is broadly segmented into various platforms including gasoline, electric and battery mowers. Battery mowers segment holds the smallest share in the market but due to the emergence of robotic mowers, its share is likely to grow significantly in the future.

Europe is a major market for lawn mowers due to increasing focus on the use of grounds maintenance services extensively and the rising number of lifestyle communities and public parks in the region. In the robotic lawn mower market, Europe holds a lion share due to favorable retail environment and high disposable incomes in European countries.

Scope of the Report

  • The report provides a comprehensive analysis of the global power mower lawn market, broadly segmented into various platforms including Gasoline, Electric, and Battery mowers.
  • The major regional markets have been analyzed, along with country coverage of Europe.
  • The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
  • The competitive landscape of the market, along with the company profiles of leading players (Husqvarna Group, The Bosch Group, The TORO Company, John Deere, Honda Motor Company and Kubota Corporation) are also presented in detail.

Key Topics Covered

1. Overview
1.1 Lawn Mower
1.2 Robotic Lawn Mower
1.3 Technology Used in Robotic Lawn Mower

2. Lawn Mower Market Analysis
2.1 Global Lawn Mower Market Value
2.2 Global Lawn Mower Market Value Forecast
2.3 Global Power Lawn Mower Market Value
2.4 Global Power Lawn Mower Market Value Forecast
2.5 Global Power Lawn Mower Market by Type

3. Regional Lawn Mower Market Analysis
3.1 Europe Power Lawn Mower Market Volume
3.2 Europe Power Lawn Mower Market Volume Forecast
3.3 Europe Power Lawn Mower Market Volume by Type
3.3.1 Europe Gasoline Lawn Mower Market by Volume
3.3.2 Europe Gasoline Lawn Mower Market Volume Forecast
3.3.3 Europe Electric Lawn Mower Market by Volume
3.3.4 Europe Electric Lawn Mower Market Volume Forecast
3.3.5 Europe Battery Lawn Mower Market by Volume
3.3.6 Europe Battery Lawn Mower Market Volume Forecast
3.4 The U.S. Power Lawn Mower Market by Volume
3.5 The U.S. Power Lawn Mower Market Volume Forecast

4. Robotic Lawn Mower Market Analysis
4.1 Global Robotic Lawn Mower Market Value
4.2 Global Robotic Lawn Mower Market Value Forecast
4.3 Global Robotic Lawn Mower Market by End User
4.3.1 Global Domestic Robotic Lawn Mower Market Value
4.3.2 Global Domestic Robotic Lawn Mower Market Value Forecast
4.3.3 Global Commercial Robotic Lawn Mower Market Value
4.3.4 Global Commercial Robotic Lawn Mower Market Value Forecast
4.4 Global Robotic Lawn Mower Market Volume
4.5 Global Robotic Lawn Mower Market Volume Forecast

5. Europe Robotic Lawn Mower Market Analysis
5.1 Europe Robotic Lawn Mower Market Value
5.2 Europe Robotic Lawn Mower Market Value Forecast
5.3 Europe Robotic Lawn Mower Market Volume
5.4 Europe Robotic Lawn Mower Market Volume Forecast

6. Market Dynamics
6.1 Growth Drivers
6.1.1 Increasing Construction Activities
6.1.2 Growing Market of Smart Homes
6.1.3 Rapid Urbanization
6.1.4 Growing Disposable Incomes
6.1.5 Expansion of Residential Construction Sector
6.1.6 Surging Need of Landscaping Services
6.2 Key Trends
6.2.1 Replacement of Manual Mowers with Robotic Mowers
6.2.2 Growing Adoption of Green Roofs
6.2.3 Environment-Friendly
6.2.4 Advancement in Artificial Intelligence
6.2.5 Rising Popularity of Backyard Gardening
6.2.6 Increasing Government Efforts
6.2.7 Shift Towards Smart Technology
6.3 Challenges
6.3.1 Increasing Adoption of Artificial Grass Turf

7. Competition
7.1 Global Market
7.1.1 Revenue Comparison of Key Players
7.1.2 Market Cap Comparison of Key Players

8. Company Profiles
(Business Overview, Financial Overview, Business Strategies)
8.1 Husqvarna Group
8.2 John Deere
8.3 The TORO Company
8.4 The Bosch Group
8.5 Honda Motor Company
8.6 Kubota Corporation

For more information about this report visit https://www.researchandmarkets.com/r/b11jfv

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

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SOURCE Research and Markets

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