Press release
Powered Lawn Mowers Market 2022 Assessment and Key Insights Analyzed Till 2032
With a projected CAGR of 4.7% over the forecast period, the global market for powered lawn mowers is anticipated to generate revenues of roughly US$ 2,155.0 million by 2032, up from US$ 1,366.0 million in 2022.Upgrading the dusty old mower is vital to prevent the lawns from having a scruffy appearance, and this can be done by utilising various technology advances. As a result, there is a rising need for motorised lawn mowers. Traditional gas-powered lawn mowers, which also produce more noise and pollution than electric lawn mowers, required more storage space, which led to the development of cordless technological mowers.
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The ability to choose the lawn mowers most suited to the size of gardens is another factor contributing to the increase in powered lawn mower sales. Additionally, motorised lawn mowers, which can be either electric corded or hand-pushed, are highly desired for tiny gardens, while medium-sized gardens should look into petrol-powered cordless or battery-operated mowers.
Trends in the market for powered lawn mowers are influenced by market participants who add new technologies to lawn mowers with extra features like increased blade size and variable speed technology. Participants in the market are concentrating on battery technologies such as higher performance and cheaper prices for rechargeable battery packs in order to produce cordless mowers and satisfy the growing demand for mobility.
Over the next ten years, it is anticipated that governments in various nations would increase the provision of subsidiaries for the installation of powered lawn mowers. The market for powered lawn mowers is anticipated to be driven by battery indications, which let the user know how much power is still in the machine, and even cutting of any type of grass.
Demand for powered lawn mowers is increasing as a result of low-noise electric powered blades, rising fuel prices, an increase in battery-powered lawn mowers, and different environmental concerns. Additionally, sales of powered lawn mowers are rising because these machines require less garage storage space, less upkeep, and no-pull cord starts than their electric counterparts.
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Furthermore, a powerful engine, lightweight construction, and a large grass collector are some of the features that are expected to drive the powered lawn mowers market over the next decade. Green roofs are increasingly being used to cool cities, increase biodiversity, absorb air pollution, and insulate buildings in developed countries such as the United States, the United Kingdom, and Germany.
Competitive Landscape:
American Lawn Mower Company, Unison Engg Industries (A Unison Group of Companies), Rank Engineering, Husqvarna AB (publ), D&D Motor Systems, Inc., Hayter Limited., MEAN GREEN PRODUCTS, CHP, Inc., GGP UK Ltd., Hayter are a few of the notable powered lawn mowers market players.
A couple of recent developments in the powered lawn mowers market are as follows:
In the European market, Husqvarna CEORA debuted its brand-new CEORA robotic lawnmower.
To accelerate the production of electric lawnmowers, Hitachi completed the merger of Power India, its joint venture power business unit with ABB Power Grids.
Key Segments Profiled in the Powered Lawn Mowers Market Survey
By Material Type:
Steel
Polymer
Polypropylene
By Source of Power:
Gas-Powered
Electric-Powered
Battery-Powered
By Cutting Systems:
Reel Mowers
Rotary lawn mowers
By Region:
North America
Latin America
Western Europe
Eastern Europe
Asia Pacific
Japan
The Middle East and Africa
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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