Robotic Lawn Mowers Market is Expected to Grow at a CAGR of over 14.5% | During 2022-2028 | Vantage Market Research

Robotic Lawn Mowers Market by Product (Solar, Battery) by Application (Residential, Commercial, Other,), by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa): Global Market Assessment, 2021 - 2028

According to Vantage market research the global Robotic Lawn Mowers market was valued at USD 634.52 Million in 2020 and is projected to reach USD 1875.83 Million by 2028, growing at a CAGR of 14.5% from 2021 to 2028.

Key Findings and Insights from the report:

• The report presents the estimated CAGR of 14.5% size of the Robotic Lawn Mowers Market at the end of the forecast period.
• The Global Robotic Lawn Mowers market is predicted to reach a value of USD 1875.83 Million by 2028.
• The report includes an overview of the market, the financial performance of key players its segmentation, its geographical scope.
• The report provides a detailed evaluation of the market by highlighting information on various aspects which include restraints, drivers, opportunities, and threats.
• Insight also covers the price, production, share, and growth rate of these top manufacturers and examines the competitive scenario for a better understanding of the market synopsis.

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A robotic lawn mower is an autonomous robot used to mow lawn. The robot uses this wire to determine the extent of the area to be trimmed and in some cases to locate the recharging dock. Robotic mowers are capable of maintaining 30,000 square meters (320,000 sq. ft.) of grass. The growing benefits of robotic lawn movers is anticipated to drive the growth of the market over the forecast period. Robotic lawn mowers require less energy than traditional lawn mowers and robot lawn mowers are also safer than conventional lawn mowers.

Market Segmentation:

By Type:
• Solar
• Battery

By Application:
• Residential
• Commercial
• Other

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COVID-19 Impact Analysis of Robotic Lawn Mowers Market:

When the Covid-19 pandemic began in China last year, it sent shock waves to countries around the world. And as the number of cases continued to rise, it forced governments around the world to take serious action such as border seals, lockdowns and enforce strict social distancing measures to avert imminent catastrophe. These actions had a dramatic effect on the economy, as industrialists around the world were forced to halt their production, leading to supply chain disruptions and the loss of various industries. Thus, a fall in the global markets.

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The Robotic Lawn Mowers market regional level analysis:

• Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
• Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
• North America (United States, Canada and Mexico)
• Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
• South America (Brazil, Argentina, Colombia, and Rest of South America)

List of Leading Players in the Global Robotic Lawn Mowers Market:

• LawnBott
• Franklin Robotics
• Robert Bosch GmbH
• Husqvarna
• Wolf-Garten
• WORX
• Hangzhou Favor Robot Technology
• Robomow
• Kobi

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Reason for buying this Robotic Lawn Mowers Market Report:

• The report highlights the macroeconomic forces that are affecting the strategies and policies in the market.
• Report provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
• It provides a six-year forecast assessed on the basis of how the market is predicted to grow
• The report provides market leading players with facts and insights on the Robotic Lawn Mowers market.
• It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of industry segments.
• Disruption and uncertainties in the industry are studied in the report.
• It provides the key product segments and their future.
• The report identifies bottlenecks and problems associated with businesses operating in the Robotic Lawn Mowers market and provides possible solutions to those problems.

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