Global Robotic Lawn Mower Market

Global Robotic Lawn Mower Market Size, Share, Growth Analysis, By Battery Type(Less than 20V, 20V to 30V), By Propulsion Type(ICE & Electric), By End Use(Residential, Commercial), By Sales Channel(Retail Store/Offline, Online Websites) - Industry Forecast 2024-2031


Report ID: SQSG20H2001 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 112 | Figures: 77

Global Robotic Lawn Mower Market Regional Insights

Europe is expected to have a significant market share globally due to increased demand for automated tools, professional landscaping equipment, and robotic lawn mowers. In addition, the use of modern, silent, efficient, and battery-powered robotic lawn mowers by customers is expanding the potential for growth in Europe. These mowers are replacing traditional gasoline-powered manual lawn mowers. This growth is linked to rising interest in low-emission robotic lawnmowers that are energy-efficient, rising online retail sales, and rising demand for landscaping services to improve residential and commercial lawns.

The U.K. is predicted to grow at a high CAGR during the period of the market forecast. The demand for energy-efficient lawn maintenance systems, the shortage of tool operators who are trained and skilled, and the ongoing development of infrastructure in suburban areas and residential complexes in urban areas are boosting the sales perspective of lawn operators across various geographies. The owners' significant interest in maintaining their expansive lawn areas and backyard beautifying projects adds support to the nation's optimistic growth projections.

The growth of the regional market in North America is being driven by the rising demand for professional lawn mowers that are equipped with features like smart connection and GPS-based navigation. Awareness and subsequent demand for electric-based automated mowers in the region can be considered as a major factor for forecasting the sizable growth potential of the region.

 

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Global Robotic Lawn Mower Market size was valued at USD 1.49 billion in 2019 and is poised to grow from USD 1.72 billion in 2023 to USD 5.45 billion by 2031, growing at a CAGR of 15.5% in the forecast period (2024-2031).

The market is highly competitive, highly concentrated, and only a few major international competitors are present. Some of the key players are Deere & Company, American Honda Motor Co., Inc., Robert Bosch GmbH, STIGA S.p.A., Robomow Friendly House, and Husqvarna Group. 'Husqvarna Group ', 'Robert Bosch GmbH', 'Deere & Company ', 'Honda Motor Co., Ltd.', 'The Toro Company', 'STIGA S.p.A.', 'Alamo Group Inc.', 'The Kobi Company', 'LG Electronics Inc.', 'Milagrow Business and Knowledge Solutions (P) Ltd.', 'Zucchetti Centro Sistemi S.p.A.', 'Robomow – Friendly Robotics', 'Honda Power Equipment', 'STIHL Holding AG & Co. KG', 'Yamabiko Corporation', 'Belrobotics', 'Hangzhou Favor Robot Technology Co., Ltd.', 'LG Chem Ltd.', 'Ningbo NGP Industry Co., Ltd.', 'Turflynx'

High customer influx towards smart and organic gardening

The prominent and established manufacturers operating within the markets are keen towards development of innovative products in diverse regions within the market. These companies are investing significantly in their R&D operations. The market for robotic lawn mowers is expected to increase at a respectable rate globally as a result of these technical developments. Numerous businesses operating in various locations are eager to enter the market after researching the various growth opportunities available in the global market. For instance, the Chinese start-up Segway-Ninebot is attempting to enter the market in 2021 with bright possibilities. The business is attempting to use its robust infrastructure for research and development to create and promote novel products. The business will also strategically progress in the market by utilising well-established retailing systems, giving it an advantage in supply chain management and allowing it to control market operations and international commerce.

Europe is expected to have a significant market share globally due to increased demand for automated tools, professional landscaping equipment, and robotic lawn mowers. In addition, the use of modern, silent, efficient, and battery-powered robotic lawn mowers by customers is expanding the potential for growth in Europe. These mowers are replacing traditional gasoline-powered manual lawn mowers. This growth is linked to rising interest in low-emission robotic lawnmowers that are energy-efficient, rising online retail sales, and rising demand for landscaping services to improve residential and commercial lawns.

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Global Robotic Lawn Mower Market

Product ID: SQSG20H2001

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