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Riding Mowers Market Size, Share, Trends, Industry Analysis, Business Overview And Forecast To 2033

Riding Mowers Market

Riding Mowers Market

The riding mowers market size has grown steadily in recent years. It will grow from $10.67 billion in 2023 to $11.08 billion in 2024 at a compound annual growth rate (CAGR) of 3.8%. The growth in the historic period can be attributed to consumer demand, landscaping trends, aging population, urbanization.

The riding mowers market size is expected to see steady growth in the next few years. It will grow to $12.66 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to environmental concerns, homeownership trends, economic factors. Major trends in the forecast period include electric and battery-powered mowers, smart and connected mowers, customization and accessories, weather-resistant and all-season models.

Market Overview -
Riding mowers refer to lawnmowers on which the operator is seated, unlike mowers that are pushed or towed. Riding mowers use a horizontally rotating blade system, though usually with multiple blades. Only goods and services traded between entities or sold to end consumers are included.

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Growth In Riding Mowers Market Fueled By Increasing Demand For Lawn Care And Gardening
The rise in lawn care and gardening activities and large garden areas in public places, schools, and recreational places drive the riding mowers market. Riding mowers are easy to use when compared with push lawnmowers when large areas are being mowed. People are turning towards lawn care and gardening for reasons such as a hobby, to obtain a sense of accomplishment, a way to reduce stress, and access to fresh food. According to ScottsMiracle-Gro's survey released in July 2021, more than 67% of American adults are currently gardening or caring for their lawn during the COVID-19 outbreak. According to the Office for National Statistics survey, around 45% of Britons are coping with the lockdown by gardening. Lawn care and gardening activities require mowers for trimming the grass that enhances the image of the property. Increasing garden activities and the benefit that ride mowers provide propel the growth of the riding mowers market.

Competitive Landscape -
Major companies operating in the riding mowers market include Deere and Company, American Honda Motor Co., MTD products, Robert Bosch GmbH, Husqvarna Group, The Toro Company, STIGA S.p.A., Ariens Company, Briggs & Stratton, Hitachi Ltd., Global Garden Products, STIHL, Emak, Craftsnman, Mean Green Products, D&D Motor Systems Inc., Toro Company, Scag Power Equipment, Gravely, Bad Boy Mowers, Simplicity, Kubota Corporation, Ferris Industries, Dixie Chopper, Walker Mowers, Wright Manufacturing, Country Clipper, Grasshopper Company, Swisher, Bob-Cat, Spartan Mowers, Raven Industries, Worldlawn Power Equipment, Hustler Turf Equipment, Billy Goat Industries

Advanced Robotic Lawnmowers Transform Riding Mowers Market
The launch of technically-advanced lawn mowers, such as robotic lawnmowers is gaining popularity in the riding mowers market. Robotic lawnmowers have gained popularity, owing to their durability and great working efficiency. For instance, in May 2022, Mammotion, a China-based provider of innovative electric robotics tools, launched LUBA, with smart robotic technology. It is the first perimeter wire-free robot lawn mower produced by the firm. By dispensing with conventional gas-powered push and ride-on mowers as well as the currently available robot mowers requiring perimeter cables, LUBA, which is designed particularly for residential usage, is poised to alter the future of lawn care maintenance.

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Key Segments -
The riding mowers market covered in this report is segmented -
1) By Type: Rear Engine Riding Mowers, Tractors (includes lawn and garden tractors), Zero Turning Radius (ZTR) Mowers
2) By Fuel Type: Gas-Powered, Propane-Powered, Electric-Powered, Cordless/Battery, Electric Corded
3) By End User: Residential, Commercial

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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