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What is the Sales Projection for Electric Lawn Mowers for 2034

06-18-2024 05:31 AM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Electric Lawn Mower Market

Electric Lawn Mower Market

The growing engagement of people in gardening activities around the world is a major element driving demand for electric lawn mowers for upkeep. The global electric lawn mower market is predicted to reach US$ 17.21 billion in 2024 and subsequently advance at 6.3% CAGR to climb to a size of US$ 31.71 billion by the end of 2034.

In recent years, more consumers have shown a preference for environmentally friendly items. They are more likely to engage in do-it-yourself lawn and gardening activities, which are increasingly beneficial to both physical and mental health. Furthermore, an increasing number of people are purchasing environmentally friendly products. As a result, electric lawn mowers have grown in popularity due to their ease of use and low carbon footprint.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=811

Key Takeaway from Market Study

The global market for electric lawn mowers is expected to grow at a 6.3% CAGR from 2024 to 2034.
Worldwide sales of ride-on electric lawn mowers are expected to grow at a 6.2% CAGR to US$ 19.25 billion by the end of 2034.
North America is expected to account for 31.2% of total global market value by the end of 2034.
Demand for electric lawn mowers in Spain is expected to grow at a 6.8% CAGR between 2024 and 2034.
Residential customers are projected to account for 74.3% of the global market by 2034.
Country-wise Insights

According to a recently updated analysis by Fact.MR, a market research and competitive intelligence service, North America will account for 31.2% of the global market by the end of 2034. Rising government attempts to expand green space are expected to drive demand for electric lawn mowers. Furthermore, numerous manufacturers in the region are working on the development of mowing equipment with increased power and run duration, which is expected to positively impact electric lawn mower market trends.

The United States is expected to account for 76.2% of the North American market by 2034. The growing demand for electric lawn mowers in the residential sector creates new potential for market players. Multiple suppliers are focusing on manufacturing lawn mowers with higher power and run time. As a result, the use of these electric lawn mowers is growing more popular in the country due to the existence of big acreages such as stadiums and golf courses.

Category-wise Insights

Fact.MR's recently published updated study stated that electric lawn mowers with standard blades are getting more popular as they are produced as perfect equipment for yards with thick grass patches.

Ride-on electric lawn mowers are expected to account for 60.7% of global market value by 2034. The consistency and dependability of ride-on electric lawn mowers are expected to contribute to their appeal. Furthermore, these mowers have more effective elements that are significantly longer-lasting and outperform, which has a good impact on the growth of the electric lawn mower market.

๐‘๐ž๐š๐ ๐Œ๐จ๐ซ๐ž:
https://www.factmr.com/report/811/electric-lawn-mower-market

Competitive Landscape

Some of the most notable market participants are pursuing strategic approaches such as new product development, supply chain management, quality product offerings, acquisitions, mergers, and so on. These efforts are expected to result in the inclusion of more modern electric lawn mowers in the company's range.

Key players in the electric lawn mower industry are Black & Decker, Husqvarna, GreenWorks Tools, Robert Bosch GmbH, Makita, Ryobi, Hitachi, The Toro Company, Honda, and Deere & CO.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=811

Segmentation of Electric Lawn Mower Market Research

By Product Type :
Ride-on
Walk-behind
Robotic

By Mower Blade Type :
Cylinder Blades
Mulching Blades
Standard Blades
Lifting Blades

By Cord Type :
Corded
Cordless

By End User :
Residential Users
Professional Landscaping Services
Golf Courses

By Region :
North America
Latin America
Western Europe
Eastern Europe
East Asia
South Asia & Pacific
MEA

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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