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Electric Lawn Mower Market Overview, Industry Growth Statistics, Size, Segmentation and Forecast 2022-2027

10-18-2022 09:05 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Electric Lawn Mower Market

Electric Lawn Mower Market

According to the latest report by IMARC Group, titled "Electric Lawn Mower Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The global electric lawn mower market is expected to exhibit a CAGR of 6.2% during 2022-2027.

An electric lawn mower is an electronic grass-cutting machine equipped with revolving blades to trim grass at an even height. It comprises a handlebar, blades, mower pan, engine, side discharge chutes, plugs, and covers. It is generally powered by an electric power supply or a battery and is widely deployed for domestic and commercial lawn mowing purposes. It offers numerous advantages, including portability, easy start-up, and reduced noise. Besides this, it is environmentally friendly and highly cost-effective compared to traditionally used gas-powered lawnmowers. Some of the commonly available product types include electric, stand-on electric, front and wide-area electric and walk-behind electric lawnmowers.

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Global Market Trends:

The rising demand for lawn mowers across residential buildings is driving the global market growth. This can be attributed to the growing emphasis on allocating green areas in residential apartments to improve the liveability and aesthetic appeal of the localities. This, in confluence with the rising inclination towards the incorporation of green spaces in domestic and commercial infrastructures, is acting as a growth-inducing factor. Apart from this, the escalating preference among consumers toward electric lawn mowers on account of their lesser carbon emissions and fuel leaks is propelling the market growth. Furthermore, the introduction of the robots-as-a-service (RaaS) business model due to rapid digitization is creating a positive market outlook. Some of the other factors driving the market include rapid urbanization and extensive research and development (R&D) activities.

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Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been examined, with some of the key players being Husqvarna Group, The Toro Company, Robert Bosch GmbH, Deere & Company, Ryobi Limited, Briggs & Stratton Corporation, EGO POWER, Honda Motor Company Ltd., Hayter Limited, Emak S.p.A., D&D Motor Systems Inc., Unison Engg Industries, AriensCo, and MTD Products Inc.

Breakup by Product:

• Walk-Behind
• Ride-On

Breakup by Type:

• Cordless Electric Lawn Mower
• Corded Electric Lawn Mower

Breakup by Application:

• Residential
• Non-residential

Breakup by Distribution Channel:

• Online
• Offline

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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