USD 541.9 million
Report ID:
SQMIR20I2268 |
Region:
Regional |
Published Date: February, 2024
Pages:
157
|Tables:
61
|Figures:
75
North America Electric Zero Turn Mower Market size was valued at USD 541.9 million in 2022 and is poised to grow from USD 562.49 million in 2023 to USD 758.05 million by 2031, at a CAGR of 3.8% during the forecast period (2024-2031).
The North America electric zero-turn mower market is currently experiencing notable growth. This trend can be attributed to several factors, including increasing environmental awareness, a shift toward cleaner and quieter lawn care solutions, and a growing demand for efficient landscaping equipment. Consumers and businesses alike are recognizing the benefits of electric zero-turn mowers, such as reduced emissions, lower operating costs, and quieter operation.
Additionally, technological advancements in battery technology have improved the performance and runtimes of these mowers, making them a more viable alternative to traditional gas-powered models. As a result, manufacturers in the lawn and garden equipment sector are expanding their product lines to meet this rising demand, and the market is expected to continue its upward trajectory in the coming years.
North America Electric Zero Turn Mower Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 541.9 million
Largest Segment
Residential
Fastest Growth
Residential
Growth Rate
3.8% CAGR
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The North america electric zero turn mower market is segmented on the basis of Cutting width, Application and and region. Based on cutting width the Market is segmented as Less than 50 inches, 50 to 60 inches. On the basis of Application the market is segmented as Residential and commercial. Based on region, the market is segmented into US, Canada, Mexico, Cuba.
North America Electric Zero Turn Mower Market Analysis by Cutting width
In the North America electric zero-turn mower market, cutting width plays a crucial role in consumer preferences. Currently, mowers with cutting widths of 50 to 60 inches are dominating the market. This segment's popularity is driven by its versatility, as it strikes a balance between maneuverability and efficiency, making it suitable for both residential and commercial users.
However, the fastest-growing segment is mowers with cutting widths less than 50 inches. This growth is fueled by the increasing demand for smaller, more compact models, especially among homeowners with smaller yards. These mowers offer enhanced maneuverability in tight spaces and are often favored for their ease of storage. As suburban and urban living spaces continue to shrink, the demand for electric zero-turn mowers in this category is expected to rise steadily in the foreseeable future.
North America Electric Zero Turn Mower Market Analysis by Application
The Commercial sector is currently dominating, fueled by increased adoption among professional landscaping businesses, golf courses, and municipal organizations. This dominance can be attributed to the efficiency, precision, and cost savings that electric zero-turn mowers offer in larger, frequently maintained landscapes.
However, the residential sector is the fastest-growing segment. As environmental consciousness grows among homeowners, coupled with advancements in electric mower technology, more residential users are making the switch to electric zero-turn mowers. This shift is driven by the desire for quieter and eco-friendly lawn care solutions, and it is expected to continue its rapid expansion as more homeowners prioritize sustainability and convenience in their outdoor maintenance practices.
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The United States (US) dominates the North America electric zero-turn mower market. The US boasts a well-established landscaping industry, high consumer awareness of electric lawn care solutions, and the largest market size among North American countries.
However, Canada is currently one of the fastest-growing regions in the electric zero-turn mower market. Canada's increasing focus on environmental sustainability, coupled with a growing awareness of the advantages of electric mowers, is propelling the adoption of these products. Furthermore, commercial landscaping and residential lawn care trends continue to contribute to the expansion of the electric mower market in Canada.
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North America Electric Zero Turn Mower Market Drivers
Environmental Sustainability
North America Electric Zero Turn Mower Market Restraints
Limited Battery Technology
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In the competitive landscape of the electric zero-turn mower market, numerous companies vie for market share, offering a range of products tailored to meet diverse consumer and commercial landscaping needs. These companies are engaged in continuous research and development efforts to enhance the performance, efficiency, and sustainability of their mowers.
Moreover, the market witnesses strategic collaborations, partnerships, and product innovations, driving healthy competition. Customer-centric approaches, such as responsive customer service, warranties, and after-sales support, are also vital components of competition in this sector.
As the market evolves, emphasis is increasingly placed on eco-friendliness, battery technology advancements, and user-friendly features, prompting companies to differentiate themselves and gain a competitive edge.
North America Electric Zero Turn Mower Market Top Player’s Company Profiles
North America Electric Zero Turn Mower Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to North America electric zero turn mower market analysis, the market is currently experiencing a notable transformation driven by several key factors. Increasing environmental consciousness among consumers and businesses is reshaping preferences towards eco-friendly lawn care solutions. This shift is evident in the market's growing demand for electric zero-turn mowers, which produce fewer emissions and offer quieter operation compared to their gas-powered counterparts.
Furthermore, advancements in battery technology have been pivotal in improving the performance and runtimes of electric mowers, making them more viable for a wider range of landscaping applications. Manufacturers are responding by expanding their product lines and investing in innovative features. As a result, the market landscape is evolving to accommodate these changing dynamics, with a clear focus on sustainability, technological innovation, and enhanced user experience.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 541.9 million |
Market size value in 2031 | USD 758.05 million |
Growth Rate | 3.8% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Million |
Segments covered |
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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 |
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Customization scope | Free report customization with purchase. Customization includes:-
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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 North America Electric Zero Turn 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 North America Electric Zero Turn 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 North America Electric Zero Turn Mower Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the North America Electric Zero Turn Mower Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
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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.
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Report ID: SQMIR20I2268
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