The global market for Lawn Mowers was estimated at US$32.3 Billion in 2023 and is projected to reach US$45.7 Billion by 2030, growing at a CAGR of 5.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Global Lawn Mowers Market - Key Trends and Drivers Summarized
Why Are Lawn Mowers Becoming Essential for Residential and Commercial Landscaping?
Lawn mowers have long been a staple in residential and commercial landscaping, offering efficient and convenient ways to maintain well-manicured lawns. As urbanization expands and more people seek green spaces, the demand for lawn mowers has increased significantly. From small push mowers for home use to larger ride-on mowers for commercial landscapes, the market offers a wide range of options tailored to different needs. With the rise of smart home technologies, robotic lawn mowers are gaining popularity, offering automated mowing solutions that require minimal supervision. The growing focus on outdoor aesthetics and the trend of DIY lawn care are further boosting the market for lawn mowers.What Technological Advancements Are Shaping the Lawn Mower Market?
Technological innovations are revolutionizing the lawn mower market, improving both efficiency and user experience. Robotic lawn mowers, which use GPS and sensors to navigate and mow lawns autonomously, are gaining traction, especially among tech-savvy consumers and those with large properties. Battery-powered electric mowers are also becoming popular due to their low emissions, reduced noise, and lower maintenance compared to gas-powered models. Additionally, advancements in mower blades, ergonomic designs, and smart connectivity features are enhancing the performance and comfort of lawn mowers. Many modern lawn mowers now feature mobile app integration, allowing users to control and schedule mowing tasks remotely.How Do Market Segments Define the Growth of Lawn Mowers?
Product types include walk-behind mowers, ride-on mowers, and robotic mowers, with walk-behind mowers leading the market due to their affordability and widespread use in residential settings. Fuel types include gas-powered, electric, and battery-powered mowers, with electric and battery-powered mowers experiencing strong growth due to environmental concerns and regulatory pressures on reducing emissions. End-uses include residential, commercial, and sports and recreation applications, with the residential segment driving the most demand as homeowners increasingly invest in lawn care tools for personal use.What Factors Are Driving the Growth in the Lawn Mower Market?
The growth in the lawn mower market is driven by several factors, including rising urbanization, increasing consumer interest in home gardening and landscaping, and advancements in lawn mower technology. As more people move into urban areas with smaller green spaces, the demand for compact, efficient lawn mowers is growing. The popularity of DIY lawn care is also driving demand, as homeowners seek affordable and convenient tools to maintain their outdoor spaces. Additionally, technological innovations such as robotic mowers and battery-powered models are attracting environmentally conscious consumers who are looking for sustainable and low-maintenance lawn care solutions.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Electric Lawn Mowers segment, which is expected to reach US$15.0 Billion by 2030 with a CAGR of a 5.6%. The Petrol-based Lawn Mowers segment is also set to grow at 3.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $8.7 Billion in 2023, and China, forecasted to grow at an impressive 8.8% CAGR to reach $10.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Lawn Mowers Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Lawn Mowers Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Lawn Mowers Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Lawn Mowers market such as Andreas Stihl AG & Co. KG, Deere & Company, Hitachi, Ltd., Honda Motor Co., Ltd., Husqvarna Group and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 66 companies featured in this Lawn Mowers market report include:
- 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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 103 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 32.3 Billion |
Forecasted Market Value ( USD | $ 45.7 Billion |
Compound Annual Growth Rate | 5.1% |
Regions Covered | Global |
No. of Companies Mentioned | 10 |