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Riding Mowers Market Analysis, Trends, Growth, Research And Forecast 2033
Riding Mowers Market Analysis
According to The Business Research Company's, 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.
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Market Drivers and Trends:
The increasing garden activities are anticipated to propel the growth of the riding mowers market going forward. Gardening activities refer to the various tasks and practices involved in the cultivation and care of plants, typically in outdoor spaces such as gardens, yards, or other green areas. Riding mowers are used for gardening activities to make cutting and maintaining large lawns and gardens more efficient and less labor-intensive for extensive garden areas. For instance, in April 2023, according to the National Gardening Association 2023 Highlights, a US-based gardening association published the National Gardening Survey, the survey stats that, the average household spent $616 on lawn and gardening-related activities in 2022, which means 80% of homes are taking part, and it is a $74 rise from 2021. Therefore, increasing garden activities will drive the growth of the riding mowers market.
Major companies operating in the riding mowers market are focusing on innovating products, such as the ProRider E559, to provide reliable services to customers. The ProRider E559 is a battery-powered riding mower designed with a high-grade transmission and anti-tip frame, providing users with power. For instance, in January 2023, Yard Force, a US-based manufacturer of outdoor power equipment, launched the ProRider E559. ProRider E559 is a lithium-ion-powered riding mower designed to provide clean and quiet operation on lawns. This has a brushless motor and a 38-inch twin-blade steel deck with 12-position deck adjustments ranging from 1.5 inches to 4.5 inches. It also has a control panel that includes cruise control, LED headlights, and a USB charger port.
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Major Key Players of the Market:
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
Riding Mowers Market 2024 Key Insights:
• The riding mowers market size is expected to grow to $12.66 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%.
• The increasing garden activities are anticipated to propel the growth of the riding mowers market going forward. Gardening activities refer to the various tasks and practices involved in the cultivation and care of plants, typically in outdoor spaces such as gardens, yards, or other green areas. Riding mowers are used for gardening activities to make cutting and maintaining large lawns and gardens more efficient and less labor-intensive for extensive garden areas. For instance, in April 2023, according to the National Gardening Association 2023 Highlights, a US-based gardening association published the National Gardening Survey, the survey stats that, the average household spent $616 on lawn and gardening-related activities in 2022, which means 80% of homes are taking part, and it is a $74 rise from 2021. Therefore, increasing garden activities will drive the growth of the riding mowers market.
• Major companies operating in the riding mowers market are focusing on innovating products, such as the ProRider E559, to provide reliable services to customers. The ProRider E559 is a battery-powered riding mower designed with a high-grade transmission and anti-tip frame, providing users with power. For instance, in January 2023, Yard Force, a US-based manufacturer of outdoor power equipment, launched the ProRider E559. ProRider E559 is a lithium-ion-powered riding mower designed to provide clean and quiet operation on lawns. This has a brushless motor and a 38-inch twin-blade steel deck with 12-position deck adjustments ranging from 1.5 inches to 4.5 inches. It also has a control panel that includes cruise control, LED headlights, and a USB charger port.
• The Asia-Pacific was the largest region in the riding mowers market in 2023.
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