Press release
Commercial Lawn Mower Market Insights, Leading Players, Growth and Demand Forecast to 2030
In 2021, the commercial lawn mower market valued $14,741.3 million, and by 2030, it is set to reach $26,346.6 million, advancing at a rate of 6.7% from 2021 to 2030. Technological advancements and infrastructure development projects such as smart cities are leading to market growth. The rapid urbanization leading to increased construction of commercial buildings is likely to boost the demand for gardening and lawn maintenance equipment.The commercial lawn mower market is expected to boom due to the advanced systems integrated into the lawn mowers, such as sensors that perform weather sensing, obstacle identification, anti-theft and other tasks to provide convenience to the consumers. Moreover, lawn mowers powered by AI can potentially transform the market. It will enable users to connect the lawn mower with their smartphones and remotely access it through Bluetooth, cellular connectivity or Wi-Fi.
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The increased demand for high-tech robotic lawn mowers is expanding the commercial lawn mower market. It provides enhanced functionality with automated processes facilitating the convenience and efficiency of professional landscaping services. The expensive labor in developed nations leads to the increased demand for autonomous technology, enabling the purchase of superior products at low prices to avoid long-term expenses. The commercial lawn mowers integrated with AI technology have made grass cutting more efficient without manual effort.
The worldwide smart cities projects are gaining momentum, leading to a surge in demand for smart devices for ease of convenience penetrating the commercial lawn mower market. Artificial intelligence, machine learning and the internet of things led technologies expand smart cities equipped with smart infrastructure, leading to increased demand for robotic lawn mowers. The rapid urbanization leading to the construction of new structures, including maintenance of green areas for soccer fields, golf course fairways, airports and other sports fields, leads to a surge in demand for lawn mowers.
Golf courses & other sports arenas contribute highly to the commercial lawn mower market revenue generation, accounting for $3,307.1 million. It is expected to follow the same trend in the coming years, attributed to the rising popularity of golf among people. Numerous youngsters are participating in golf sports worldwide, leading to increased investments in the construction of golf courses. It will further lead to increased demand for commercial lawn mowers.
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The key players are focusing on launching new products in the commercial lawn mower market to remain ahead of the competition. For instance, The Toro Company launched Z Master 7500-D with a cutting deck of 144 inches, making it highly adaptable to ground and terrain conditions. Similarly, Husqvarna launched a robotic lawn mower named CEORA that facilitates commercial turf care management. It can be accessed remotely through a smartphone.
North America contributed significantly to the commercial lawn mower market revenue generation amounting to $5,540.4 million; it is expected to retain the same position in the near future. Increased demand for lawn mowers is attributed to the prominence of golf courses in the region. Numerous initiatives of governments to promote the development of green areas for public usage have also resulted in the increased demand for lawn mowers.
Thus, smart cities with smart infrastructure projects that includes the development of green areas for various sports and other public activities is expanding the market.
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P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.
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