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Lawn Mower Market Size, Share & Growth Analysis by 2026 | Key Segments, Benefits & Opportunities

05-20-2021 06:52 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Lawn Mower Market

Lawn Mower Market

According to a new report published by Allied Market Research, titled, " Lawn Mower Market by Type, End User, and Fuel Type: Global Opportunity Analysis and Industry Forecast, 2019-2026," The global lawn mower market 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.

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A number of domestic players are expanding their business in North America, owing to increased customer base, enhanced effective operations, developed product portfolios, and expanded geographical reach. This is anticipated to fuel demand for robotic lawn mowers, thereby augmenting the growth of the market.

Furthermore, by fuel type, the non-electric lawn mowers are expected to experience rapid surge in demand due to their durability and working efficiency.

The electric and robotic lawn mowers have gained popularity, owing to their durability and great working efficiency. These machines are utilized to cut and trim grass in lawns and gardens for residential and commercial sectors.

Competition Analysis

The key market players profiled in the 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, and Textron.

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Lawn Mower Market Segments:

By Type

Ride-on Mowers
Push Mowers
Robotic Mowers

By End-User

Residential
Non-residential

By Fuel Type

Electronic
Non-electronic

By Region

North America
Europe
Asia-Pacific
LAMEA

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Contact:
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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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