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The demand for robotic lawn mower accessories is influenced by the need to maintain the robotic lawnmower in working condition for a longer duration. Also, the growth in robotic lawn mowers is pushing the requirement to replace blades and knives. Moreover, the perimeter wire, couplings, and connectors are exposed to constant wear tear, requiring replacing accessories. The price of robotic lawn mowers is expected to decline during the forecast period, which will push the number of units sold. The growth in robotic lawn mowers is expected to drive the number of players, thereby leading to a highly competitive environment. Speak directly to the analyst to clarify any post sales queries you may have.
The robotic lawn mowers accessories market by revenue is expected to grow at a CAGR of over 5.44% during the period 2022-2027. In-depth analysis and data-driven insights on the impact of COVID-19 are included in this report.
GROWTH DRIVERS
- Increasing demand from Nordic countries
- Growth in the construction industry
- Increasing demand for robotic lawn mowers
- Seasonal pattern
SEGMENTATION ANALYSIS
Due to the growing awareness among the population of IoT and machine learning is increasing the adoption of robotic lawn mowers, countries such as China and Japan are increasingly embracing the technology and taking the initiative to boost the production and consumption of robotic equipment. Hence, all the factors mentioned above are expected to grow robotic lawn mowers' market and accessories.
The residential sector is the major revenue contributor to the robotic lawn mower accessories market. The widespread usage of robotic lawn mowers by households in European and North American markets due to the prevalence of large landscaping areas is supporting the robotic lawn mower accessories market over the past few years.
GEOGRAPHICAL ANALYSIS
- North America
- Europe
- APAC
- Latin America
- Middle East
- Africa
APAC is expected to grow at a higher CAGR of 6.26% during the forecast period. Factors such as the improving standard of living, increasing construction of parks and playgrounds, and rapidly expanding residential and commercial construction are expected to push the demand for robotic lawn mowers.
VENDOR ANALYSIS
Some key players in the robotic lawn mower accessories market include Husqvarna, STIGA, Zucchetti Centro Sistemi, and others. Several other players operating in the market with a significant revenue share include Ningbo Daye Garden Machinery Co., Milagrow HumanTech, and others. There exists stiff competition among these players in the market.
Factors such as the requirement for less technical knowledge, involvement of minimal regulations, and growing robotic lawn mowers market are expected to boost the entrance of new players, thereby increasing the competition in the market.
THE REPORT INCLUDES:
1. The analysis of the global robotic lawnmower accessories market provides market size and growth rate for the forecast period 2022-2027.
2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the robotic lawnmower accessories market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of the global robotic lawnmower accessories market.
5. The report offers a detailed overview of the vendor landscape, competitive analysis, and critical market strategies to gain competitive advantage.
Table of Contents
1 Research Methodology2 Research Objectives3 Research Process6 Market at a Glance
4 Scope & Coverage
5 Report Assumptions & Caveats
7 Introduction
8 Market Opportunities & Trends
9 Market Growth Enablers
10 Market Restraints
11 Market Landscape
12 Product
13 Application
14 Geography
15 North America
16 Europe
17 APAC
18 Latin America
19 Middle East & Africa
20 Competitive Landscape
21 Key Company Profiles
22 Other Prominent Vendors
23 Report Summary
24 Quantitative Summary
25 Appendix
List of Exhibits
List of Tables
Companies Mentioned
- Bosch GmbH
- Husqvarna Group
- STIGA S.P.A
- MTD Products
- ZCS S.P.A (Zucchetti Centro Sistemi S.P.A)
- STIHL
- Grimsholm Products AB
- Greenworks Tools
- WORX
- Kärcher
- Deere & Company
- AYI Robot
- Ningbo NGP Industry Co., Ltd
- Milagrow HumanTech
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 241 |
| Published | February 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( USD | $ 297.96 Million |
| Forecasted Market Value ( USD | $ 409.43 Million |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 14 |
