Global Lawn Mowers Market Share Is Expected to Grow At A CAGR Value Of Around 6.83% By 2028

17-May-2022 | Facts and Factors

According to Facts and Factors, the global lawn mowers market was valued at USD 23.20 billion in 2021 and is predicted to increase at a CAGR of 6.83% to USD 32.21 billion by 2028. The study examines the market in terms of revenue in each of the significant regions, which are classified into countries.

The growing adoption of green roofs is likely to boost the demand for lawn mowers in the market during the forecast period. Increased worldwide tourism has resulted in a large growth in the number of hospitality facilities such as hotels, resorts, and amusement parks around the world, resulting in an increase in the use of lawn mowers to keep these properties looking pleasant. Also, because of the improved landscaping activities, demand for lawn mowers is developing at a rapid rate. During the forecast period, the rise in consumer preferences for gardening activities such as backyard beautification, landscaping, and backyard cookouts has provided the market potential for lawn mowers. Lawn mower manufacturers are using this opportunity to generate new revenue streams in the upcoming years.

Browse the full “Lawn Mowers Market By Type (Rider-On Mower, Push Mower, Robotic Mower), By End-User (Residential, Non-residential), By Fuel Type (Electronic, Non-electronic), and By Region - Global Insights, Growth, Size, Share, Comparative Analysis, Trends and Forecast Report 2022 – 2028"  report at https://www.fnfresearch.com/lawn-mowers-market

In addition, the incorporation of GPS and other mapping technologies is likely to fuel the development of lawn mowers which require minimal operator input. Advancements in mapping technologies have played a key role in the development of new lawn mowers. Moreover, fuel emissions rising and rising awareness about global warming is a key factor that will have a positive impact on the demand for electric lawn mowers during the forecast period.

Segmental Overview

In terms of type, in 2021, The robotics segment is expected to witness the highest CAGR over the forecast period. Robotic mowers allow computerized mowing of a given landscape. They are safe and convenient to use as they have a mobile base and docking station. Moreover, they require minimum maintenance which is expected to be the key factor for driving the segment over the forecast period. Furthermore, to improve the functionality and efficiency of these machines, manufacturers are incorporating ledge sensors and additional capabilities such as laser vision, smart navigation, garden mapping, memory, and self-emptying.

The residential segment holds the largest share in the market during the forecast period. The rapidly expanding residential construction sector, particularly in developing regions, is the key driving factor for the segment. End users from varied socioeconomic situations in various places frequently enter arrangements with landscapers for the upkeep of their gardens. During the predicted period, this has boosted demand for professional mowers in the residential sector.

Regional Overview

The North American region is expected to lead the Lawn Mowers market during the forecast period. This is owing to the availability of open space in the backyard of the houses and the growing requirement for backyard improvement and its modification for multiple uses is likely to escalate the growth of the market. The growth of public gardens in these areas has also sparked interest in the lawn mower sector. Furthermore, in the region, the trend of backyard improvement or alteration is on the rise, which is projected to drive product demand during the forecast period.

Report Scope

Competitive Landscape

The report contains qualitative and quantitative research on the global lawn mowers market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides an in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

List of Key Players in the Global Lawn Mowers Market:

• Andreas Stihl AG & Co. KG
• Deere & Company
• Honda Motor Co., Ltd.
• Husqvarna Group
• Koki Holdings Co., Ltd.
• Robert Bosch GmbH
• Stanley Black & Decker In
• Stigma S.p.A
• Textron
• The Toro Company

The global lawn mowers market is segmented as follows;

By Type

• Rider-On Mower
• Push Mower
• Robotic Mower

By End-User

• Residential
• Non-residential

By Fuel Type

• Electronic
• Non-electronic

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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