Press release
Global Lawn Mowers Market Projected to Surpass $46.88 Billion by 2029 with 8% Annual Growth
How Are the key drivers contributing to the expansion of the lawn mowers market?The increase in sports activities is anticipated to boost the lawn mowers market's expansion. Sports activities pertain to athletic endeavors mainly focused on physical exertion and skill, encompassing elements of competition or social engagement. Lawn mowers are employed to maintain sports fields, allowing for a variety of sports events to take place. This includes adhering to mowing timelines, maintaining safety norms, and ensuring the well-being of the turf during exhaustive, prolonged seasons. For example, a report released by the Sports & Fitness Industry Association (SFIA), an American trade association, in February 2023, stated that 236.9 million individuals or 77.6% of the total US population partook in a minimum of one sports activity during the year 2022. Remarkably, Pickleball retained its position as the sport with the most rapid growth, experiencing an exceptional 85.7% increase year-over-year and an astonishing 158.6% expansion over three years. Hence, the escalating number of sports activities is fueling the lawn mower market's growth.
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What growth opportunities are expected to drive the lawn mowers market's CAGR through 2034?
In recent years, the market size of lawn mowers has seen robust growth. The market is projected to expand from $31.68 billion in 2024 to $34.19 billion in 2025, with a compound annual growth rate (CAGR) of 7.9%. The historic growth has been influenced by factors such as marketing and branding initiatives, regulatory and standardization policies by government, economic factors, affordability, demand for advanced features, and trends in urbanization and housing.
In the upcoming years, the lawn mowers market is set to experience considerable growth, ballooning to $46.88 billion by 2029 at a compound annual growth rate (CAGR) of 8.2%. Several factors are fueling this prediction for the forecast period, including the rise of eco-friendly solutions, the trend towards robotic mowers, government-driven incentives and regulations, increased consumer desire for convenience, as well as an emphasis on performance and efficiency. Key trends during this forecasted period encompass advancements in battery technology, increased customization and versatility, the emergence of more compact and lightweight designs, a focus on efficiency and performance, as well as a shift towards electric-powered mowers.
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What are the emerging trends shaping the future of the lawn mowers market?
In a bid to remain competitive, leading businesses in the lawn mower market are shifting towards the production of robotic lawn mowers. Not requiring human intervention to function, these advanced lawn mowers are entirely autonomous. A standout example of this is China-based HOOKII's launch of Neomow X in August 2023, a lawn care tool that leverages LIDAR SLAM (Light Detection and Ranging Simultaneous Localization and Mapping) to navigate smoothly around lawns as large as 5,000 square meters. This powerful machine stands out for the way it uses LiDAR SLAM for precise navigation without the need for boundary lines. Its intelligent detection system can spot trees, larger plants, and even animals, allowing it to steer clear safely. Along with monitoring multiple zones, the Neomow X offers adjustable cutting height from 30 to 85 millimeters, all controlled through a user-friendly mobile app. The model also impresses with its front-wheel-drive design, covering up to 300 square meters every hour with a blade width of 280 mm. Notably, its four large wheels provide the enhanced grip necessary for maneuvering on slopes of up to 45° or across uneven landscapes.
Which growth-oriented segments of the lawn mowers market are leading the industry's development?
The lawn mowers market covered in this report is segmented -
1) By Product: Manual, Electric, Petrol, Robotic, Other Products
2) By Battery Type: Lithium-ion, Lead Acid
3) By Distribution Channel: Online Channel, Retail Channel
4) By End-User: Residential, Commercial Or Government
Subsegments:
1) By Manual: Reel Mowers, Cylinder Mowers
2) By Electric: Corded Electric Mowers, Cordless Battery-Powered Mowers
3) By Petrol: Walk-Behind Petrol Mowers, Ride-On Petrol Mowers
4) By Robotic: Automated Robotic Mowers, GPS-enabled Robotic Mowers
5) By Other Products: Lawn Tractors, Specialty Mowers
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What regions are leading the charge in the lawn mowers market?
North America was the largest region in the lawnmower market in 2024. Asia-Pacific is expected to be the fastest-growing region in the lawn mowers market report during the forecast period. The regions covered in the lawn mowers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What companies are at the forefront of innovation in the lawn mowers market?
Major companies operating in the lawn mowers market include American Honda Motor Co. Inc., Ariens Company, Deere & Company, Falcon Garden Tools, Fiskars Oyj, Husqvarna Group, MTD Products, Robert Bosch GmbH, Robomow Friendly House, The Toro Company , Andreas Stihl AG & Co. KG, Stanley Black & Decker Inc., Stiga S.p.A, Kubota Corporation, Honda Motor Co.Ltd., Changzhou Globe Co. Ltd., Stanley Black & Decker Inc., Poulan Pro, Snapper Inc., Ryobi - Techtronic Industries Co. Ltd., The Scotts Miracle-Gro Company, Snow Joe LLC, Worx-Positec Tool Corporation, EGO Power+ Chervon Ltd., Earthwise - American Lawn Mower Co., Troy-Bilt LLC, Cub Cadet
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What Is Covered In The Lawn Mowers Global Market Report?
• Market Size Forecast: Examine the lawn mowers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the lawn mowers market for a structured understanding.
• Key Players Overview: Analyze major players in the lawn mowers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the lawn mowers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the lawn mowers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the lawn mowers market.
• Industry Challenges: Identify potential risks and obstacles affecting the lawn mowers market.
• Competitive Landscape: Review strategic developments in the lawn mowers market, including expansions, agreements, and new product launches.
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