Global Power Lawn Mower Market with Focus on Robotic Mower : Industry Analysis & Outlook ( )
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1 Industry Research by Koncept Analytics Global Power Lawn Mower Market with Focus on Robotic Mower : Industry Analysis & Outlook ( ) November
2 Executive Summary A lawn mower is a machine used to cut a grass surface to an even height with the help of one or two revolving blades. A lawn mower can be categorized into manual lawn mower and power lawn mower, depending on the configuration of the mower. A manual mower is the oldest kind of mower which requires a person to push forward the mower to spin the reel. Whereas, power lawn mower needs an energy source to work and can be of three types: gasoline; electricity; and battery. The global power lawn mower market is experiencing a satisfactory growth rate due to increasing construction activities, surging need for landscaping services, technical advancements, growing number of smart homes and improving disposable incomes. The growth of the market is majorly expected from battery powered lawn mowers as these are safer and more eco-friendly. Robotic mower is the key product of battery-powered mowers market and brining a healthy growth rate due to increasing preference for smart robotic technologies and adoption of smart home. Regionally, Europe is a major market for lawn mowers due to increasing focus on use of grounds maintenance services extensively and rising number of lifestyle communities and public parks in the region. In robotic lawn mower market, Europe holds a lion share due to favorable retail environment and high disposable incomes in European countries. The global power lawn mower market is quite fragmented and highly competitive in nature. Key players of the market are John Deere, The Toro Company, Husqvarna Group and MTD Group. Some other prominent vendors include Ariens Company, Briggs & Stratton Corporation, Kubota Corp, Robert Bosch GmbH and GGP Group. The robotic lawn mower market is highly dominated by Husqvarna Group, owing to its strong presence in Europe. 2
3 Global power mower market is likely to grow with increasing construction activities, availability of technically advanced gardening products, gradual shift from the traditional hand-guided mowers to automatic electric mowers US$ Billion Million Units Global Power Lawn Mower Market Value Forecast ( ) Global power lawn mower market is expected to reach US$.. billion in the year 2022, increasing from US$.. billion in the year 2017 at a CAGR of..%. In 2017, gasoline lawn mower acquired a major share of..% in global power lawn mower market. In year 2022, European power lawn mower market volume is expected to reach..million units, increasing from..million units in 2018, at a CAGR of..%. Global Power Lawn Mower Market by Type (2017) Europe Power Lawn Mower Market Volume Forecast ( ) Gasoline Electric Battery Powered Global Power Lawn Mower Market with Focus on Robotic Mower: Industry 3
4 Global robotic lawn mower market is expected to grow with increasing prominence of robotic lawn mowers in North America and Europe, preference for smart robotic technologies and adoption of smart homes Thousand Units US$ Billion US$ Million Global Robotic Lawn Mower Market Value Forecast ( ) Global robotic lawn mower market is expected to reach US$.. billion in the year 2022, increasing from US$.. billion in 2017 at a CAGR of..%. In the year 2022, global robotic lawn mower market volume is expected to reach..thousand units, increasing from..thousand units in In year 2022, European robotic lawn mower market is expected to reach US$.. million, increasing from US$.. million in 2017, at a CAGR of..%. Global Robotic Lawn Mower Market Volume Forecast ( ) Europe Robotic Lawn Mower Market Value Forecast ( ) Global Power Lawn Mower Market with Focus on Robotic Mower: Industry 4
5 Contact Us: Disclaimer This is a licensed product of Koncept Analytics. You cannot reproduce, publish, distribute, publicly display, sell or create other works from this report or use them in any way for commercial purpose without our prior permission. Further, you cannot copy this material, by any means (including electronic copies), for distribution to others unless you have purchased the corporate license of this report. We believe the sources are reliable, but Koncept Analytics does not warranty the accuracy or completeness of the data. The data presented in the report is updated at the publication date but is subject to change at subsequent releases. All possible efforts have been made to ensure accuracy of data. However, investors should not completely rely on the information given in this report and must make decisions based on their own investment strategy, risk management and capital adequacy. Koncept Analytics CS-36, First Floor, Ansal Plaza Vaishali, Ghaziabad, U.P T: M: vikas@konceptanalytics.com 5
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