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Electric Lawn Mower Market Analysis and Forecast Predictions through 2018-2028 | Key Players are The Toro Company, Deere & CO., Black & Decker, Honda, etc.

03-07-2019 11:25 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Electric Lawn Mower Market Analysis and Forecast Predictions

In order to study the various trends and patterns prevailing in the concerned market, FactMR has included the latest Forecast report on electric lawn mower market to its vast database. This study offers data about the prime regions operating in the electric lawn mower market, along with their production, consumption, revenue and market share details. Further, the intelligent report also anticipates that the market would grow at a constructive CAGR until 2028. Electric lawn mowers are making the transition from novelty to mainstream. Equipped with powerful batteries and higher-precision cutters, their appeal has grown manifold in the recent past.

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For a long time, electric lawn mower sales remained inhibited, as limited battery life created challenges for end-users. The issues were especially taxing for bigger yards, however, the new range of products launched in the past couple of years have mitigated these issues to an extent. Sensing the paradigm shift in demand, it is highly likely that mower manufacturer focus will invest in lithium-ion technology in the near future.

Although the concerns related to higher price and actual power are genuine, there is a conscientious incentive that is fuelling uptake among end-users. According to the EPA, gas mowers account for nearly 5% of the total U.S. air pollution. The environmental pollution is not only on account of air pollutants – the EPA study also finds that over 17 million gallons of gasoline are spilled each year while refueling lawn equipment. The lawnmower emissions continued to be unregulated till 1995, however, today, there is a greater realization about the importance of cutting down these emissions. Electric lawn mowers have emerged as a pragmatic solution, and it is highly likely that concerns about reducing the impact on the environment will fuel uptake during the assessment period.

In addition to concerns about the environment, another disadvantage about gas lawn mowers has worked to the advantage of electric lawn mowers. The fumes and smell of gasoline and engine oil can exacerbate existing respiratory conditions. Patients with asthma can also face difficulties in breathing, especially during ozone alert days. Although electric lawn mowers do not guarantee zero emissions, the risk of respiratory ailments due to them is significantly lower.

Browse Complete Report Here - https://www.factmr.com/report/811/electric-lawn-mower-market

The electric lawn mower market is also influenced by broader trends in lawn equipment industry, where a substantial shift towards power tools has been observed. The industry is moving towards a phase of electrification, with a range of handheld products being replaced by power and electrical variants. The proliferation of electric and power variants is likely to positively influence demand during the assessment period.

In addition to the all the above mentioned factors, electric lawn mower sales are also massively influenced by seasonality. Electric lawn mower sales are usually concentrated in the spring and summer season, as most of the lawn care and gardening activities take place during this season.

A notable trend witnessed in the market is the steady shift from corded electric lawn mowers to cordless variants. Corded electric lawn mowers prevent free maneuver, and are inconvenient to use than cordless electric lawn mowers. Although corded electric lawn mowers still outsell cordless variants, the latter will grow at a higher rate during the assessment period.

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About FactMr

FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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