USD 31.1 billion
Report ID:
SQMIG25J2042 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
64
|Figures:
75
Lawn Mower Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 0 Billion by 2032, growing at a CAGR of 6% during the forecast period (2025-2032).
Increasing environmental awareness and concerns over emissions and noise pollution have led to a demand for eco-friendly lawn mowers. Electric and battery-powered mowers are gaining popularity as they produce fewer emissions, operate quietly, and offer a greener alternative to traditional gasoline-powered mowers. However, given rising consumer interest in activities connected to home gardening, market growth will remain moderate over the course of the forecast period. COVID-19 in 2020 caused a little decline in market growth due to supply chain concerns. Demand in 2020 was also impacted by a transitory fall in consumer spending brought on by unstable economic conditions and supply chain issues. Customers now have more time for leisure activities like gardening thanks to the option to work from home, which is encouraging the growth of the residential lawn mowers industry. Additionally, the demand for lawn care services has increased as a result of households with higher disposable income having more consumer purchasing power.
The global market for battery-powered lawn mowers recovered to pre-COVID levels in 2021 as a result of increasing demand, mainly from North America and Europe. However, a market slowdown is projected in 2022 because of ongoing worries about the lack of semiconductors, problems with the supply chain, rising raw material costs, and an increase in oil prices as a result of the conflict in the Russian-Ukrainian region. It is anticipated that OEMs and dealers will raise the average price of sale (ASP) of lawnmowers in 2022 as a result of these unfavorable macroeconomic conditions. By the second part of 2023, these alterations should have ended and are most likely only temporary.
In the Chinese government pushes of eco-city development initiatives, which subsequently opens up opportunities for future growth, the market for lawn mowers in China is anticipated to surpass pre-COVID levels in 2022. Additionally, China is seeing a steady increase in leisure gardening, which is expected to support growth over the coming years. The aesthetic appeal & eco-awareness for the gardening space within the home is a major driver for the market, despite shifting consumer tastes or patterns in spending power.
Vendors are going to focus on releasing robotic mowers over the next few years as consumer demand for technologically advanced mowers grows as they seek convenience. Lawn mowing suppliers will be able to maintain market growth in the future because of the advancements made by GPS, Wi-Fi, and other technologies. Customers in developed areas are increasingly choosing remote-controlled lawn mowers. The affluent middle class who enjoys gardening as a hobby, in addition to the desire for technologically improved products, also fuels the expansion of the lawn mowers market. The construction of government-sponsored or commercial space infrastructure projects is going to be a major factor in boosting the demand for mowers for lawns in the commercial sector.
Global Market Size
USD 31.1 billion
Largest Segment
Residential
Fastest Growth
Residential
Growth Rate
6.0% CAGR
To get more reports on the above market click here to Buy The Report
Global Lawn Mower Market is segmented by type, hardware, lawn size, distribution channel, propulsion type, level of autonomy, end-user and region. Based on type, the market is segmented into riding lawn mowers, walk-behind lawn mowers and robotic/autonomous lawn mowers. Based on hardware, the market is segmented into ultrasonic sensors, lift sensors, tilt sensors, motors and microcontrollers. Based on lawn size, the market is segmented into small, medium and large. Based on distribution channel, the market is segmented into online and retail. Based on propulsion type, the market is segmented into electric lawn mowers and internal combustion engine (ICE) lawn mowers. Based on level of autonomy, the market is segmented into autonomous and non-autonomous. Based on end-user, the market is segmented into residential and commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Lawn Mowers Market Analysis by Product
In 2022, the market was dominated by the electric-powered lawn mowers category, which had the highest revenue share of 29.18%. This growth is attributed to the lawn mowers' user-friendliness and high torque to weight ratio, which allow them to cut thick grass. The market segment, which had a sizable share in 2021, is expected to grow steadily from 2023 to 2030, with a CAGR of over 5.4%. Furthermore, thanks to advancements in battery-powered engines that have increased their reliability and efficiency, electric lawn mowers are now among the choices that people use the most frequently.
Robotic lawn mower sales are anticipated to increase to $15,937.1 million by 2030, or over 2.2 times their 2022 level. The demand for technologically improved products that offer convenience & eco-friendly solutions is blamed for the tremendous segment expansion. In addition, the cost of robotic devices has come down in recent years to a point where they are now more extensively employed in industrialized nations. Customers decide to integrate these lawn mowers into their existing smart home ecosystem so they may control the device remotely with a smartphone app.
Lawn Mowers Market Analysis by End-Use
In 2022, the residential sector dominated the market & accounted for more than 59.0% of total revenue. In a domestic situation, lawn mowers are typically utilized for gardening tasks, however in commercial settings, they are employed for extensive landscaping tasks and lawn upkeep. After 2021, the residential market's demand for lawn mowers increased, reaching a high of USD 18 billion in 2022. This high demand is attributed to the growth of remote working environments around the world, which gives customers time to enjoy hobbies like gardening or do-it-yourself gardening from the comfort of their homes. As people began to spend more time at home, the demand for gardening-related products grew; this trend is expected to continue over at least the next two years.
However, due to constraints related to the global shutdown, commercial landscaping and gardening initiatives came to a temporary halt. Due to logistical issues, a shaky economy, and tight finances, orders have been placed on hold for the allotted amount of time. However, the industry is predicted to see a little reduced demand over the next several years due to the development of trade channels, particularly e-commerce platforms, and the resuming of infrastructure projects. From 2022 to 2030, the segment is anticipated to grow at a CAGR of 5.2%.
To get detailed analysis on other segments, Request For Free Sample Report
North America dominated the lawn mower market, accounting for the biggest share of revenue (35.03%) in 2022. In developed regions like those in North America and Europe, demand is great. With a combined market share of 60% in 2021, these regional markets continued to hold the top positions. Smaller homes and smaller gardens are a result of the recent rapid urbanization of Western Europe. This tendency may pose a severe danger to the regional acceptance of lawn mowers. The development and maintenance of lawns in commercial facilities, however, would provide some respite from the generally slow business growth for lawn mowers.
The Asia-Pacific region is expected to experience the fastest CAGR growth due to expanding urbanization, which has increased construction activity for residential as well as business spaces that promotes market expansion.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Lawn Mowers Market Drivers
Growing Demand for Landscaping Services
Increasing Urbanization
Lawn Mowers Market Restraints
High Competition
Maintenance and Repair Costs
Request Free Customization of this report to help us to meet your business objectives.
Some of the immediate barriers for OEMs are persistent shortages of semiconductors, the rise in the cost of raw materials like steel and aluminum, supply and logistical delays, and rising transportation costs while keeping up with the intensifying competition. Going forward, practically all OEMs in the industry will be looking for ways to incorporate automation into their line of products. Demand for automation products is expected to increase as consumer preference for convenience and usability rises. As part of their growth plan, vendors will concentrate on developing products and new launch initiatives.
Lawn Mowers Market Top Player’s Company Profiles
Lawn Mowers Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our global lawn mowers market analysis, we found that the increasing environmental awareness and concerns over emissions and noise pollution have led to a demand for eco-friendly lawn mowers. Electric and battery-powered mowers are gaining popularity as they produce fewer emissions, operate quietly, and offer a greener alternative to traditional gasoline-powered mowers. However, North America dominated the lawn mower market, accounting for the biggest share of revenue (35.03%) in 2022. In developed regions like those in North America and Europe, demand is great. With a combined market share of 60% in 2021, these regional markets continued to hold the top positions. Smaller homes and smaller gardens are a result of the recent rapid urbanization of Western Europe.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 0 Billion |
Market size value in 2032 | USD 0 Billion |
Growth Rate | 6% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Lawn Mower Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Lawn Mower Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Lawn Mower Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Lawn Mower Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG25J2042
sales@skyquestt.com
USA +1 351-333-4748