Rechargeable Lawn Mower Lithium Battery Market Set to Surge - Key Insights You Must Know

Rechargeable Lawn Mower Lithium Battery Market

The global market for Rechargeable Lawn Mower Lithium Battery was valued at US$ million in the year 2024 and is projected to reach a revised size of US$ million by 2031, growing at a CAGR of %during the forecast period.

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China"s policy on lithium-ion batteries mainly focuses on lithium-ion batteries. In 2015, in order to strengthen the management of lithium-ion battery industry and improve the development level of the industry, China formulated the Standard of Lithium-ion Battery Industry. the global sales of new energy vehicles reached 10.8 million units in 2022, with a year-on-year increase of 61.6%. In 2022, China new energy vehicle sales reached 6.8 million units, and the global share increased to 63.6%. In Q4 2022, sales penetration rate of China"s new energy vehicle reached 27%, while the global average penetration rate was only 15%. Europe penetration was 19%, and North America penetration rate was only 6%. Lithium batteries will fully benefit from the high growth of downstream demand. According to the Ministry of Industry and Information Technology, China"s lithium-ion battery production reached 750 GWh in 2022, up more than 130 percent year on year. Among them, the output of lithium energy storage battery exceeded 100 GWh, and the total output value of the industry exceeded 1.2 trillion yuan. The industrial application of lithium battery was also growing rapidly. In 2022, the loading capacity of new energy vehicle power battery was about 295 GWh, and the new energy vehicle power battery was about 295 GWh. According to our research, in 2022, the overall global lithium-ion battery shipments were 957GWh, a year-on-year increase of 70%. Global vehicle power battery (EV LIB) shipments were 684GWh, a year-on-year increase of 84%; Energy storage battery (ESS LIB) shipments were 159.3GWh, a year-on-year increase of 140%.

Rechargeable Lawn Mower Lithium Battery Market Trends

Sustainability Mandates and Circular Economy

Extended producer responsibility regulations are requiring manufacturers to design for battery recyclability. Right-to-repair legislation is mandating battery replaceability and standardization. Circular economy initiatives are creating infrastructure for battery collection and refurbishment. Product stewardship programs are establishing industry-funded recycling systems.

Industry Evolution Drivers

Commercial Equipment Electrification

Large-scale landscaping operations are calculating total cost of ownership advantages for electric fleet conversion. Equipment rental companies are expanding electric offerings in response to contractor demand. Government contract specifications are increasingly requiring or preferring zero-emission equipment. Corporate campuses and institutional facilities are mandating electric landscaping equipment for vendor operations.

Battery Technology Advancement

Fast-charging capabilities are reducing operational downtime for commercial users managing multiple properties. Cell chemistry improvements are extending cycle life to match or exceed equipment operational lifespans. Battery management system sophistication is optimizing performance and preventing premature degradation. Modular battery designs are enabling capacity upgrades and flexible configurations.

Market Standardization and Interoperability

Cross-manufacturer battery compatibility initiatives are emerging to improve consumer value propositions. Charging infrastructure standardization is reducing barriers to multi-brand equipment ownership. Service networks capable of supporting lithium battery systems are expanding geographic coverage. Aftermarket battery suppliers are entering the market with compatible replacement options.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Rechargeable Lawn Mower Lithium Battery, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rechargeable Lawn Mower Lithium Battery.

The Rechargeable Lawn Mower Lithium Battery market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Rechargeable Lawn Mower Lithium Battery market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Rechargeable Lawn Mower Lithium Battery manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Type
• 40V

By Application
• Riding Lawn Mower
• Push Lawn Mower

Key Companies
Samsung SDl, LG Chem, TenPower, Panasonic, Murata, BYD, Toshiba, Briggs & Stratton, DNK Power, Johnson Matthey Battery Systems, Tianjin Lishen Battery

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