The Lawn Mower Market, valued at US$ 35.31 billion in 2023, is poised for substantial growth, with total revenue expected to reach nearly US$ 51.44 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 5.52% from 2024 to 2030. A lawn mower, commonly referred to as a grass cutter, is a machine designed to trim grass in various settings such as agriculture, gardening, landscaping, and horticulture. The market's expansion is driven by diverse applications, including maintenance of golf courses, large parks, cricket grounds, gardens, and expansive lawns.
Market Overview
The global lawn mower market has seen significant advancements in technology and an increase in demand due to the growing trend of garden and lawn maintenance, especially in urban areas. As urbanization continues to rise, there is a corresponding increase in the establishment of green spaces, which in turn drives the demand for efficient lawn mowers. The industry is witnessing a shift towards automated and robotic lawn mowers, which offer convenience and efficiency. Additionally, the rise in disposable income and the inclination towards aesthetic appeal in residential and commercial properties contribute to the market growth.
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Report Scope
The report delves into the comprehensive analysis of the lawn mower market, covering various segments and sub-segments. It includes an in-depth examination of market dynamics, competitive landscape, regional insights, and future growth prospects. The report also focuses on key market drivers, challenges, and opportunities, providing a holistic view of the industry.
Research Methodology
The research methodology for this report involves a systematic approach to collect and analyze data. Primary research includes interviews with industry experts, manufacturers, and distributors. Secondary research involves studying company reports, industry publications, and trade journals. Data triangulation is employed to ensure the accuracy and reliability of the information. The report also incorporates qualitative and quantitative analysis to provide actionable insights.
Drivers
Several factors are driving the growth of the lawn mower market:
- Technological Advancements: Innovations in lawn mower technology, such as robotic mowers and smart connectivity features, enhance user convenience and efficiency.
- Urbanization: Rapid urbanization and the development of green spaces in urban areas increase the demand for lawn maintenance equipment.
- Rising Disposable Income: Higher disposable income allows consumers to invest in advanced lawn care products.
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Segmentation
- By Product Type: The market includes walk-behind mowers, ride-on mowers, and robotic mowers. Walk-behind mowers hold a significant share due to their affordability and ease of use. However, robotic mowers are gaining traction for their automated capabilities.
- By Fuel Type: Segmentation includes gas-powered, electric, and battery-powered mowers. Battery-powered mowers are increasingly popular due to their environmental benefits and low maintenance.
by Power Type
Electronic
Non-electronic
by Type
Ride-on Mowers
Push Mowers
Robotic Mowers
by End
Use Residential
Non-residential
Regional Insights
- North America: Dominates the market due to high urbanization rates, a large number of golf courses, and increased consumer spending on lawn care.
- Europe: Follows closely, driven by the high demand for advanced and automated lawn mowers in countries like Germany and the UK.
- Asia-Pacific: Exhibits the highest growth rate due to rapid urbanization, rising disposable incomes, and increasing awareness of lawn and garden maintenance.
- Latin America and Middle East & Africa: Show steady growth with increasing investments in landscaping and gardening activities.
Lawn Mower Market Key Players
1. Andreas Stihl AG & Co. KG
2. Deere & Company
3. Hitachi Ltd.
4. Honda Motor Co., Ltd.,
5. Husqvarna Group
6. MTD Products
7. Robert Bosch GmbH
8. Stiga S.p.A
9. The Toro Company
10.Textron
11.Robomow Friendly House
12.AriensCo
13.Briggs & Stratton Corporation
14.Kubota Corporation
15.Intimidator Group
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Key questions answered in the Lawn Mower Market are:
- What is Lawn Mower?
- What are the factors driving the Lawn Mower Market growth?
- What are the factors are limiting the Lawn Mower Market growth?
- What was the Lawn Mower market size in 2021?
- Which trends are expected to generate additional revenue for the Lawn Mower market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Lawn Mower Market?
- What growth strategies are the players considering to increase their foothold in the Lawn Mower Market?
- Who held the largest market share in the Lawn Mower Market?
Key Offerings:
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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