✷ Report Code: A05815 | Pages: 235 | Feb 2022 | 20535 Views | ||
Author(s) : Priyanka K , Onkar S | Tables: 117 | Charts: 69 |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Lawn Mowers Market
Request Now !The global lawn mowers market size was valued at $26,248.5 million in 2020, and is projected to reach $53,715.1 million by 2030, registering a CAGR of 6.8% from 2021 to 2030. Lawn mowers are machines that cut grass to an even height with the help of one or more revolving blades. The blades of lawn mowers can be manually powered or have a self-contained power source such as electric motor or internal combustion engine. Lawn mowers are equipped with a wide range of cut height adjustments that enable the operator to achieve desired height of the grass.
Small lawns and backyard gardens are an important component of housing units in North American and European regions as they significantly increase the aesthetical appearance of the property. This has surged the number of lawn maintenance activities, which has created a demand for lawn mowers, and fueled consumer interest in gardening activities and boosted demand for lawn mowers market growth. Furthermore, the availability of a wide range of lawn mowers in various cutting capacities makes it suitable for use in small as well as large lawns. Thus, lawn mowers are extensively used for maintaining turf in recreational gardens, resorts, golf courses, and playgrounds. The development of advanced battery technologies has helped to ease the process of owning and operating lawn mowers. In addition, integration of GPS and other mapping technologies have fueled the development of robotic lawn movers that require minimal operator input.
Major players in the industry have focused on development of high-performance cordless lawn mowers and robotic lawn mowers. For instance, in March 2020, Makita U.S.A., Inc., a leading provider of power equipment launched XML06, XML07, XML08, which are three brushless cordless lawn mowers that are powered by two 18V LXT batteries. These lawn mowers consist of a commercial-grade steel deck, IPX4 rated weather-resistant construction, and a single lever cutting height adjustment feature that offers 10 optional cutting heights. Advancements in mapping technologies have played a key role in development of new robotic lawn mowers. For instance, iRobot Corporation, which is primarily involved in developing innovative home robots, has developed Terra t7 Robot Mower that is an autonomous robotic lawn mower used for smart mapping technology for mowing operations and is capable of avoiding obstacles. The Terra t7 Robot Mower is capable of handling rough terrains and can be controlled using smart phones through iRobot HOME App.
The novel coronavirus has rapidly spread across various countries and regions, causing an enormous impact on the lives of people and the overall community. It began as a human health condition and has now become a significant threat to global trade, economy, and finance. The COVID-19 pandemic has halted the production of many components of lawn mowers due to lockdown. The economic slowdown initially resulted in reduced spending on lawn equipment from home owners and commercial users. Furthermore, the number of COVID-19 cases is expected to reduce in the near future as the vaccine for COVID-19 is introduced in the market. This has led to the reopening of lawn movers manufacturing companies at their full-scale capacities. This is expected to help the market to recover by the start of 2022.After COVID-19 infection cases begin to decline, lawn mowers manufacturers must focus on protecting their staff, operations, and supply networks to respond to urgent emergencies and establish new methods of working.
Furthermore, the increased global tourism has significantly boosted the number of hospitality buildings such as hotels, resorts, and amusement parks across the globe, thereby increasing the use of lawn mowers for maintaining the aesthetical appearance of these properties. In addition, rise in popularity of Do-It-Yourself culture has surged the number of home owners involved in lawn maintenance activities and has positively influenced the lawn mower industry.
The global lawn mowers market is segmented on the basis of type, end user, fuel type and region. By type, the market is categorized into ride-on mower, push mower, and robotic mower. On the basis of end user, it is categorized into residential, and non-residential. And on the basis on fuel type, the market is categorized into electronic and non-electronic. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the market in 2020, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to increase in spending of lawn maintenance activities from residential and non-residential users.
Key companies profiled in the lawn mowers market report include Andreas Stihl AG & Co. KG, Deere & Company, Honda Motor Co., Ltd., Husqvarna Group, Koki Holdings Co., Ltd., Robert Bosch GmbH, Stanley Black & Decker Inc., Stiga S.p.A, Textron and The Toro Company.
Key Benefits For Stakeholders
Lawn Mowers Market Report Highlights
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The lawn mowers market has witnessed significant growth in past few years, owing to surge in spending on lawn maintenance activities.
The rise in trend of gardening activities, especially in high income countries such as U.S, Canada, UK, and Germany has fueled the demand for lawn mowers. Furthermore, increased popularity of golf courses in countries such as China and India has increased the demand for lawn mowers from non-residential users. Non-electronic lawn mowers are extensively used for mowing large lawns owing to their long range. In addition, advancements in battery technologies have helped lawn mower manufacturers to expand the range of their cordless products, thereby increasing its usability for residential users.
Moreover, integration of GPS and other mapping technologies has played a key role in development of autonomous lawn mowers that require minimal operator input, thereby, providing lucrative opportunities for the growth for the market
A. The global lawn mowers equipment market size was $26.2 billion in 2020 and is projected to reach $53.7 billion in 2030, growing at a CAGR of 6.8% from 2021 to 2030.
A. The forecast period considered for the lawn mowers market is 2021 to 2030, wherein, 2020 is the base year, 2021 is the estimated year, and 2030 is the forecast year.
A. The base year considered in the lawn mowers market is 2020.
A. The report for global lawn mowers market doesn’t provides Value Chain Analysis, but if there is a requirement for the same, it could be added as an additional customization.
A. On the basis of type, the ride-on mowers segment is expected to be the most influencing segment.
A. Based on the end user industry, in 2020, the residential segment generated the highest revenue, accounting for over half of the market, and is projected to grow at a CAGR of 5.9% from 2021 to 2030.
A. The report contains an exclusive company profile section, where leading 25 companies in the market are profiled. These profiles typically cover company overview, geographical presence, and market dominance (in terms of revenue).
A. The market value of global lawn mowers equipment market is $26.2 billion in 2021.
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