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
LONDON, March 20, 2019 /PRNewswire/ -- 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.
Download the full report: https://www.reportbuyer.com/product/5758031/?utm_source=PRN
Information offered in the global lawn mower report include:
• Overview and dynamics of the landscaping industry
• Dawn of robotic lawn mowers – Overview and designs and working system
• Market dynamics – Investment opportunities, trends, growth enablers, and restraints
• Garden equipment market overview – Market size and forecast | 2018?2024
• Global lawn mower market - Historical data | 2016?2017
• Geography ?A complete overview of 5 regions and market size and outlook of the leading 21 countries
• Market segmentation?Detailed analysis of market segmentation that includes product type, end-user type, fuel type, mower blade type, drive type, and start type across 21 countries.
• Competitive landscape – It includes information about leading 8 key vendors and 47 other prominent players.
Key Highlights of the Global Lawn Mower Market:
1. The arrival of iRobot's lawn mowers is likely to drive the demand for innovative lawn mower systems in the market.
2. The EU initiatives toward green projects and the launch of Horizon 2022, a flagship initiative aimed at securing Europe's global competitiveness, and the increase in penetration of low-cost robotic mowers from China are the significant growth potential factors of the European market.
3. The exponential growth of the landscaping industry and the commercial real estate businesses will drive the demand for commercial lawn mowers in the global lawn mower market.
4. Product customization may prove an effective way to enhance the consumer base and increase market share.
5. The growth of eco-cities and green spaces is expected to be a major driver in the global lawn mower market.
6. Vendors entering into strategic agreements with home improvement stores and retailers will enhance their product reach in the lawn mower market.
Lawn Mower Market – Segmentation Analysis
Market Size & Forecast by Product Type | 2019-2024
• Revenue
• Unit Volume
• Geography
Product Type
• Walk-behind Mowers
• Reel/Cylinder Mowers
• Self-propelled
• Push Mower (excl. Reel)
• Hover Mowers
• Ride-on Mowers
• Standard Ride-on
• Zero Turn
• Lawn Tractor
• Garden Tractor
• Robotic Mowers
Market Size & Forecast by Fuel Type | 2019-2024
• Revenue
• Unit Volume
• Geography
Fuel Type
• Gas-powered
• Electric-powered
• Corded
• Cordless/Battery-powered
• Manual-powered
• Propane-powered
Market Size & Forecast by End-user Type | 2019-2024
• Revenue
• Unit Volume
• Geography
End-user Type
• Residential Users
• Professional Landscaping Services
• Golf Courses
• Government & Others
Market Size & Forecast by Mower Blade | 2019-2024
• Revenue
• Unit Volume
• Geography
Mower Blades
• Cylinder Blades
• Deck/Standard Blades
• Mulching Blades
• Lifting Blades
Market Size & Forecast by Drive Type | 2019-2024
• Revenue
• Unit Volume
• Geography
Drive Type
• Manual Drive
• AWD (All-wheel Drive)
• FWD (Front-wheel Drive)
• RWD (Rear-wheel Drive)
Market Size & Forecast by Start Type | 2019-2024
• Revenue
• Unit Volume
• Geography
Start Type
• No Start Required
• Keyed Start
• Push Start
• Recoil Start (Pull/Manual/Rewind Start)
Market Size & Forecast by Geography | 2019-2024
• Revenue
• Unit Volume
• Key Countries
• Product Type
• End-User Type
• Fuel Type
• Mower Blade Type
• Drive Type
• Start Type
Geography
• North América
• US
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Sweden
• Switzerland
• Belgium
• Netherlands
• APAC
• China & SAR
• Austrália
• Japan
• South Korea
• Latin América
• Brazil
• Mexico
• MEA
• Saudi Arabia
• UAE
• South Africa
Lawn Mower Market – Overview
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, 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.
Lawn Mower Market – Dynamics
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:
• Increased Adoption of Green Spaces and Green Roofs
• High Influx of Battery-powered Products and Multi-use Equipment
• Strong Growth of Landscaping Industry
• The emergence of Robotic Lawn Mowers
Lawn Mower Market - Key Vendor Analysis
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:
• Deere & Co
• Honda Power Equipment
• Husqvarna
• Kubota
• MTD Products
• Bosch
• STIGA
• The Toro Company
Other prominent vendors include AGCO, Alamo Group, AL-KO, Ariens Company, AS-Motors, Bad Boys 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, Positecc 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
1. The analysis of the global lawn mower market provides market size and growth rates for the forecast period 2019-2024.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global lawn mower market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of global lawn mower market.
5. The study offers a detailed overview of the vendor landscape, competitive analysis, and critical market strategies to gain competitive advantage.
Download the full report: https://www.reportbuyer.com/product/5758031/?utm_source=PRN
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com
SOURCE ReportBuyer
Share this article