Quick Summary:
Navigating the ever-evolving landscape of the global Lawn Mowers market can prove to be a daunting task for senior executives aiming for strategic growth. With a pending projection of reaching a phenomenal US$45.7 Billion by 2030, the industry seeks to offer rich prospects and opportunities ahead. Our comprehensive market research report will equip you with the critical insights needed to fully grasp and harness these potentials.
In this report, we dissect significant market segments such as Electric and Petrol, known for their accelerated growth rates. With data on key players like Andreas Stihl AG & Co. KG and Deere & Company, you will gain a deeper understanding of your competition. Insights into geographic markets such as the U.S, China, Japan, Canada, and Europe will furnish you with a clear view of global trends and patterns. Take advantage of this market intelligence to outpace your competitors and secure your market share.
Global Lawn Mowers Market to Reach $45.7 Billion by 2030
The global market for Lawn Mowers estimated at US$30.8 Billion in the year 2022, is projected to reach a revised size of US$45.7 Billion by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030. Electric, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$15 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Petrol segment is readjusted to a revised 3.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.4 Billion, While China is Forecast to Grow at 8.7% CAGR
The Lawn Mowers market in the U.S. is estimated at US$8.4 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.1 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 4.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.3 Billion by the year 2030.Select Competitors (Total 66 Featured) -
- 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
- Textron
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Lawn Mowers?
What is the growth rate of the Global Market for Lawn Mowers?
What is the forecasted size of the Global Market for Lawn Mowers?
Who are the key companies in the Global Market for Lawn Mowers?
| Report Attribute | Details |
|---|---|
| No. of Pages | 103 |
| Published | November 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 30.8 Billion |
| Forecasted Market Value ( USD | $ 45.7 Billion |
| Compound Annual Growth Rate | 5.1% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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
- Textron
