The global lawn mowers market size was valued at $26,248.5 million in 2020, and is projected to reach $53,715.1million by 2030, registering a CAGR of 6.8% from 2021 to 2030. Lawn mowers are machines that consist of rotating blades for trimming grass. Lawn mowers are typically powered by electric motors or internal combustion engines and are equipped with height adjustment components that enable the operator to trim grass as per requirement.
Lawn mowers are available in a wide range of sizes and cutting capacities in the market, thereby making it usable for mowing lawns of all sizes. The increased popularity of cordless lawn mowers extends the usability of electronic lawnmowers. Lawn mowers are essential for maintaining turf in gardens as well as sports facilities such as golf courses.
The rise in consumer interest in gardening activities has significantly increased the demand for lawn mowers from residential users. In addition, the requirement of frequent lawn maintenance activities in luxury residential complexes, resorts, and amusement parks has fueled the demand for lawn mowers. However, surge in popularity of artificial turf is a major restraint in the growth of the market. Furthermore, development of remote control and GPS-integrated lawn mowers provide lucrative opportunities for the growth of the market.
The global lawn mowers market is segmented on the basis of type, end user, fuel type and region. By Type, the market is classified into ride-on mower, push mower, and robotic mower. By end user, it is categorised into residential, and non-residential. By fuel type, the market is classified into electronic and non-electronic. By Region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market
Lawn mowers are available in a wide range of sizes and cutting capacities in the market, thereby making it usable for mowing lawns of all sizes. The increased popularity of cordless lawn mowers extends the usability of electronic lawnmowers. Lawn mowers are essential for maintaining turf in gardens as well as sports facilities such as golf courses.
The rise in consumer interest in gardening activities has significantly increased the demand for lawn mowers from residential users. In addition, the requirement of frequent lawn maintenance activities in luxury residential complexes, resorts, and amusement parks has fueled the demand for lawn mowers. However, surge in popularity of artificial turf is a major restraint in the growth of the market. Furthermore, development of remote control and GPS-integrated lawn mowers provide lucrative opportunities for the growth of the market.
The global lawn mowers market is segmented on the basis of type, end user, fuel type and region. By Type, the market is classified into ride-on mower, push mower, and robotic mower. By end user, it is categorised into residential, and non-residential. By fuel type, the market is classified into electronic and non-electronic. By Region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players that operate in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market
COMPETITION ANALYSIS
The major market participants profiled in this 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
- The report provides an extensive analysis of the current and emerging lawn mowers market trends and dynamics
- In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2030
- Extensive analysis of the lawn mowers marketis conducted by following key product positioning and monitoring of the top competitors within the market framework
- A comprehensive analysis of all regions is provided to determine the prevailing opportunities
- The global lawn mowers market forecast analysis from 2021 to 2030 is included in the report
- The key market players within lawn mowers market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the lawn mowers industry
KEY SEGMENTS
By Type
- Ride-On Mower
- Push Mower
- Robotic Mower
By End-User
- Residential
- Non-Residential
By FUEL TYPE
- Electronic
- Non-Electronic
By Region
By Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY PLAYERS
- Andreas Stihl AG & Co KG
- Deere & Company
- Honda Motor Co, Ltd
- Husqvarna Group
- Koki Holdings Co
- Robert Bosch GmbH
- Stanley Black & Decker Inc
- Stiga SpA
- Textron
- The Toro Company
Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Lawn Mowers Market, by Type
Chapter 5: Lawn Mowers Market, by End-User
Chapter 6: Lawn Mowers Market, by Fuel
Chapter 7: Lawn Mowers Market, by Region
Chapter 8: Company Profiles
List of Tables
List of Figures
Executive Summary
According to a new report titled, “Lawn Mowers Market by Type, End User, and Fuel Type: Global Opportunity Analysis and Industry forecast, 2021–2030,” the global lawn mowers market size was valued at $26.2 billion in 2020, and is projected to reach $53.7billion by 2030, registering a CAGR of 6.8% from 2021 to 2030.Commonly observed types of lawn mowers are ride-on mower, push mower, and robotic mower. Among these, the ride-on segment accounted for the highest market share in 2020, owing to surge in spending on lawn maintenance activities. The market is analyzed with respect to different applications in industrial verticals such as residential and non-residential and by fuel type based on electronic and non-electronic. The market is mainly driven by rise in lawn maintenance activities by home owners and development of lawn mowers that are easy to handle and have low operating &maintenance cost. However, increase in popularity of artificial turf constraints the growth of the market.
In 2020, North America dominated the global lawn mowers market, in terms of revenue, followed by Europe and Asia-Pacific. Moreover, the market in Asia-Pacific has grown with high CAGR, owing to growth in use of lawn mowers for maintaining turf in luxury residential complexes, golf courses, and sports facilities.
The advancements in cordless land mowers technologies have significantly increased the usability of lawn mowers for residential purposes owing to ease of usability and lower maintenance costs. Non-electric lawn mowers are extensively used for maintaining turf in commercial spaces such as golf courses and large sports facilities, owing to their higher cutting capacity and long range. In addition, the development of robotic lawn mowers enables the user to maintain turf with minimal efforts.
Furthermore, on the basis of end users, the non-residential is anticipated to grow rapidly, during the forecast period, owingtolaunch of more powerful lawn mowers and increased popularity of robotic lawn mowers.
For instance, in August 2019, American Honda Motor Co., Inc., launched HRN216PKA, HRN216VKA, HRN216VLA, and the HRN216VYA under its new HRN216 Series of lawn mowers that have more power, have a rugged design, offer ease of operation, and require less maintenance. The lawn mowers are powered by Honda GCV170 engine that offers higher power and torque. And Segway Inc., has developed Navimow, which is an automated robotic mower that uses virtual boundaries for operations and eliminates the need for complicated wiring.
However, during the pandemic lockdown, various manufacturers in the lawn mowers market had to stop their business in countries such as China, the U.S., and India. This break directly impacted sales of lawn mowers manufacturing companies. In addition, lack of manpower and raw materials constricted supply lawn mower components; and has negatively influenced the growth of the market. However, reopening of production facilities and introduction of vaccines for coronavirus disease are anticipated to lead to re-opening of lawn mower companies.
The key players profiled in the lawn mower 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 Findings Of The Study
- The report provides an extensive analysis of the current and emerging lawn mowers market trends and dynamics
- Depending on type, the ride-on mowers dominated the lawn mower market, in terms of revenue in 2020 and the robotic mower segment is projected to grow at a significant CAGR during the forecast period
- By end user, residential segment registered highest revenue in2020
- Asia-Pacific is projected to register highest growth rate in the coming years
- The key players within the lawn mowers market are profiled in this report, and their strategies are analyzed thoroughly, which help understand competitive outlook of the lawn mower industry
- The report provides an extensive analysis of the current trends and emerging opportunities of the market
Companies Mentioned
- 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
- The Toro Company.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 235 |
| Published | February 2022 |
| Forecast Period | 2020 - 2030 |
| Estimated Market Value ( USD | $ 26248.5 million |
| Compound Annual Growth Rate | 7.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
