Lawn Mower Market 2023 – Business Strategies, Product Sales by 2030
The global
lawn mower market size was valued at $9,746.0 million in 2018, and is
projected to reach $14,595.3 million by 2026, growing at a CAGR of 5.1% from
2019 to 2026. Lawn mower is a machine that is utilized to trim or cut grass to
an even height with help of blades equipped in it. These blades rotate in
horizontal or vertical axis for sharp cutting. It comes in two types, namely,
push mowers and non-push mowers, which are suitable for commercial as well as
residential gardens and lawns.
These advance
lawn mowers have the capability of self-docking that minimizes human
intervention. It also contains rain sensors that are capable of sensing rain or
high humid conditions. These lawn mowers are also integrated with custom apps
to adjust settings, scheduled mowing time, and frequency, as well as the mobile
app can be used to manually control the mover with a digital joystick.
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Some manufacturers are
implementing ledge sensors that improve maneuverability and offer additional
features such as laser vision, mapping, lawn memory, and smart navigation that
improves performance and efficiency of mowers.
The electric
lawn mower is also guided by a global positioning system (GPS) and computer
vision, which provide higher accuracy to mow around obstacles. These
technologies improve the quality and durability of mowers and introduction of
features such as lawn memory, barrier recognition, threshold climb, and lawn
mapping are expected to provide lucrative opportunities for the growth of the
global lawn mower market.
However, high
adoption of artificial turf hampers the market growth. Furthermore, effective
strategies adopted by companies to develop advanced products through R&D
and self-powering features is expected to fuel the growth of the global lawn
mower market. For instance, in September 2019, Bosch launched The CityMower
cordless lawn mowers, which are available in 18 and 36 Volts.
These mowers
feature “Power for All” system, which enables it to be used as rotary hammers
and hedge trimmers.
The lawn mower market is segmented on the basis of type, end-user, fuel type,
and region. By type, it is classified into ride-on mowers, push mowers, and
robotic mowers. By end user, it is bifurcated into residential and
non-residential. By fuel type, it is classified into electronic and
non-electronic. Region wise, it is analyzed across North America, Europe,
Asia-Pacific, and LAMEA.
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COMPETITION ANALYSIS
The key market players profiled in the report of lawn mower market include
Andreas Stihl AG & Co. KG, Deere & Company, Hitachi, Ltd., Honda Motor
Co., Ltd., Husqvarna Group, MTD Products, Robert Bosch GmbH, Stiga S.p.A, The
Toro Company, and Textron.
KEY
BENEFITS FOR STAKEHOLDERS
Ø The report provides an extensive analysis of the current and emerging lawn
mower market trends and dynamics.
Ø In-depth market analysis is conducted by estimating the key market segments
between 2018 and 2026.
Ø Extensive analysis of the market is conducted by following key product
positioning and monitoring of the top competitors within the market framework.
Ø A comprehensive analysis of all the regions is provided to determine the
prevailing opportunities.
Ø The global lawn mower market forecast analysis from 2018 to 2026 is included
in the report.
Ø Key market players within lawn mower market are profiled in this report and
their strategies are analyzed thoroughly, which help to understand the
competitive outlook of the lawn mower industry.
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GLOBAL BATTERY POWER TOOLS MARKETSEGMENTS
BY TYPE
• Ride-on Mowers
• Push Mowers
• Robotic Mowers
BY END-USER
• Residential
• Non-residential
BY FUEL TYPE
• Electronic
• Non-electronic
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BY REGION
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o Australia
o Rest of Asia-Pacific
• LAMEA
o Latin America
o Middle East
o Africa
KEY PLAYERS
• Aro Granite Industries Ltd.
• Dimpomar
• Dermitzakis Bros S.A.
• Levantina y Asociados de Minerales, S.A.
• MARGRAF
• Mumal Marble
• Polycor Inc
• Temmer Marble
• Topalidis
• Xishi Stone Group
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