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Lawn Mower Market is growing at a CAGR of 5.1% & to reach $14,595.3 million by 2026

02-19-2020 12:12 PM CET | Industry, Real Estate & Construction

Press release from: Big Market Research

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Lawn Mower Market is growing at a CAGR of 5.1% & to reach $14,595.3

Get a complete research offering an extensive analysis of the developments and driving factors of the global Lawn Mower Market in the recent report added by Big Market Research.

The global lawn mower market size was valued at $9,746.0 million in 2018, and is projected to reach $14,595.3 million by 2026, growing at a CAGR of 5.1% from 2019 to 2026. Lawn mower is a machine that is utilized to trim or cut grass to an even height with help of blades equipped in it. These blades rotate in horizontal or vertical axis for sharp cutting. It comes in two types, namely, push mowers and non-push mowers, which are suitable for commercial as well as residential gardens and lawns.

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These advance lawn mowers have the capability of self-docking that minimizes human intervention. It also contains rain sensors that are capable of sensing rain or high humid conditions. These lawn mowers are also integrated with custom apps to adjust settings, scheduled mowing time, and frequency, as well as the mobile app can be used to manually control the mover with a digital joystick. Some manufacturers are implementing ledge sensors that improve maneuverability and offer additional features such as laser vision, mapping, lawn memory, and smart navigation that improves performance and efficiency of mowers.

The electric lawn mower is also guided by a global positioning system (GPS) and computer vision, which provide higher accuracy to mow around obstacles. These technologies improve the quality and durability of mowers and introduction of features such as lawn memory, barrier recognition, threshold climb, and lawn mapping are expected to provide lucrative opportunities for the growth of the global lawn mower market.

However, high adoption of artificial turf hampers the market growth. Furthermore, effective strategies adopted by companies to develop advanced products through R&D and self-powering features is expected to fuel the growth of the global lawn mower market. For instance, in September 2019, Bosch launched The CityMower cordless lawn mowers, which are available in 18 and 36 Volts. These mowers feature "Power for All" system, which enables it to be used as rotary hammers and hedge trimmers.

COMPETITION ANALYSIS

The key market players profiled in the report of lawn mower market 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, and Textron.

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KEY BENEFITS FOR STAKEHOLDERS
o The report provides an extensive analysis of the current and emerging lawn mower market trends and dynamics.
o In-depth market analysis is conducted by estimating the key market segments between 2018 and 2026.
o Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
o A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
o The global lawn mower market forecast analysis from 2018 to 2026 is included in the report.
o Key market players within lawn mower market are profiled in this report and their strategies are analyzed thoroughly, which help to understand the competitive outlook of the lawn mower industry.

GLOBAL BATTERY POWER TOOLS MARKET SEGMENTS

BY TYPE
o Ride-on Mowers
o Push Mowers
o Robotic Mowers

BY END-USER
o Residential
o Non-residential

BY FUEL TYPE
o Electronic
o Non-electronic

BY REGION
o North America
U.S.
Canada
Mexico

o Europe
Germany
France
UK
Italy
Rest of Europe

o Asia-Pacific
Japan
China
India
Australia
Rest of Asia-Pacific

o LAMEA
Latin America
Middle East
Africa

The report clearly shows that the Lawn Mower industry has achieved remarkable progress since 2026 with numerous significant developments boosting the growth of the market. This report is prepared based on a detailed assessment of the industry by experts. To conclude, stakeholders, investors, product managers, marketing executives, and other experts in search of factual data on supply, demand, and future predictions would find the report valuable.

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