Dublin, Dec. 21, 2020 (GLOBE NEWSWIRE) -- The "Lawn Mowers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.
The global lawn mowers market was stood at $17.72 billion in the year 2019 and expected to reach $31.77 billion by the year 2028, expanding at a CAGR of 6.7% during the forecast from 2020 to 2028.
Rising trend of landscape beautification coupled with increasing spending on home improvement equipment is ought to boost the lawn mowers demand in the coming years. The landscaping industry has hit US$ 99Bn in 2019 in the United States. In addition, out of total landscaping services lawn maintenance contribute around 19% with increased focus towards expanding lawn maintenance service in the coming year. Furthermore, continuous growth in home improvement expenditure has bolstered to uplift the lawn and landscape equipment sale over past five years. As per New York Times article published on September 05, 2019, the U.S. has recorded 50% surge in home improvement spending primarily due to exponential growth in home improvement expenditure per homeowner.
The lawn mowers industry has seen various improvements and innovations in the recent past. Improved performance and comfort are some of the parameters that decide the changing trend in the lawn mowers industry. However, rising environmental concern has exponentially triggered the battery-powered mowers across the globe. Further advancements to improve the environment-friendly mowers performance has introduced electric and robotic lawn mowers.
Robotic Lawn Mowers projected to register the Fastest Growth during the Forecast Period
Walk-behind lawn mowers dominated the global lawn mowers market with maximum revenue share. This is majorly attributed to its significant application in residential end-use. Rising trend for home gardening along with increasing spending on home aesthetics have prominently bolstered the growth of lawn mowers. On the contrary, zero-turn and robotic mowers register the fastest growth during the forecast period. Shifting consumer preference towards automated mowing along with rising environmental concern are some of the major factors escalating the robotic mowers growth. Furthermore, on-going advancement in the robotic lawn mowers such as solar-powered robotic mowers and Artificial Intelligence (AI) & Internet of Things (IoT) enabled mowers have upend the mowers industry trend. AI and IoT provides sensing and decision making capability for obstacle detection to the mowers.
Electric lawn mowers garnered maximum revenue share in the year 2019
Electric lawn mowers captured the largest revenue share in the year 2019. Less noise production, environment-friendliness, and cost-effectiveness are some of the major factors supporting the significant market growth. Previously, petrol mowers were used prominently for the lawn maintenance however rising concern of plant health and carbon emission has triggered the demand for electric mowers. On the contrary, electric mowers provide limitation in mobility due to the presence of cord hence suit only for small or medium sized lawns. Therefore, petrol-powered mowers are still preferred for large sized lawn maintenance.
The Asia Pacific registered the fastest growth over the Forecast Period
The Asia Pacific registered the fastest growth over the forecast period owing to rising home disposable income and home expenditure in the developed as well as developing countries. Furthermore, growing public awareness for the plantation and home gardening has also positively influenced the growth of lawn mowers in the region. However, North America and Europe held prominent market share in the global lawn mowers market owing to high home expenditure and rising per capita income. In 2019, the home improvement expenditure in the U.S. was amounted to US$ 394 Bn. In addition, the regions registered significant increase in landscaping business over the recent past.
Key questions answered in this report
- What was the global market size of lawn mowers in 2018 & 2019?
- What is estimated forecast and market projections up to 2028?
- Which is largest regional market for lawn mowers?
- Which power source is largely preferred on global scale?
- Which is the most lucrative end user of lawn mowers?
- Which are the predominant trends shaping the global lawn mowers market?
- Which is the most promising, attractive, and less-explored region in the global lawn mowers market?
- Who are the leading players in the global lawn mowers market?
- What are the premiere strategies adopted by the leading players in the global lawn mowers market?
Key Topics Covered:
1. Preface
2. Executive Summary
3. Market Dynamics
3.1. Introduction
3.1.1. Global Lawn Mowers Market Value, 2018-2028, (US$ Bn)
3.2. Key Market Trends and Future Outlook
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraints
3.3.3. Impact Analysis of Drivers and Restraints
3.3.4. Market Opportunity
3.4. Attractive Investment Proposition, by Geography, 2019
3.5. Market Positioning of Key Players, 2019
3.5.1. Market Positioning of Key Players
3.5.2. Major Strategies Adopted by Key Players
4. Global Lawn Mowers (LM) Market, by Type, 2018-2028 (US$ Bn)
4.1. Overview
4.2. Walk-behind Lawn Mowers
4.3. Riding Lawn Mowers
4.4. Hover Lawn Mowers
4.5. Zero Turn Lawn Mowers
4.6. Robotic Lawn Mowers
5. Global Lawn Mowers (LM) Market, by Power Source, 2018-2028 (US$ Bn)
5.1. Overview
5.2. Self-Propelled
5.3. Petrol
5.4. Diesel
5.5. Electric
5.6. Battery
6. Global Lawn Mowers (LM) Market, by Cutting System, 2018-2028 (US$ Bn)
6.1. Overview
6.2. Reel Mowers
6.3. Rotary Lawn Mowers
7. Global Lawn Mowers (LM) Market, by Engine Power, 2018-2028 (US$ Bn)
7.1. Overview
7.2. Less than 15hp
7.3. Between 15hp & 30hp
7.4. More than 30hp
8. Global Lawn Mowers (LM) Market, by End-users, 2018-2028 (US$ Bn)
8.1. Overview
8.2. Residential
8.3. Commercial/ Government
9. North America Lawn Mowers (LM) Market Analysis, 2018-2028 (US$ Bn)
9.1. Overview
9.1.1. North America Lawn Mowers Market Value, 2018-2028, (US$ Bn)
9.2. North America Lawn Mowers Market Value, By Type, 2018-2028 (US$ Bn)
9.2.1. Walk-behind Lawn Mowers
9.2.2. Riding Lawn Mowers
9.2.3. Hover Lawn Mowers
9.2.4. Zero Turn Lawn Mowers
9.2.5. Robotic Lawn Mowers
9.3. North America Lawn Mowers Market Value, By Power Source, 2018-2028 (US$ Bn)
9.3.1. Self-Propelled
9.3.2. Petrol
9.3.3. Diesel
9.3.4. Electric
9.3.5. Battery
9.4. North America Lawn Mowers Market Value, By Cutting System, 2018-2028 (US$ Bn)
9.4.1. Reel Mowers
9.4.2. Rotary Lawn Mowers
9.5. North America Lawn Mowers Market Value, By Engine Power, 2018-2028 (US$ Bn)
9.5.1. Less than 15hp
9.5.2. Between 15hp & 30hp
9.5.3. More than 30hp
9.6. North America Lawn Mowers Market Value, By End-users, 2018-2028 (US$ Bn)
9.6.1. Residential
9.6.2. Commercial/ Government
9.7. North America Lawn Mowers Market Value, By Country/ Region, 2018-2028 (US$ Bn)
9.7.1. Market Analysis
9.7.2. U.S.
9.7.3. Rest of North America
10. Europe Lawn Mowers (LM) Market Analysis, 2018-2028 (US$ Bn)
10.1. Overview
10.1.1. Europe Lawn Mowers Market Value, 2018-2028, (US$ Bn)
10.2. Europe Lawn Mowers Market Value, By Type, 2018-2028 (US$ Bn)
10.2.1. Walk-behind Lawn Mowers
10.2.2. Riding Lawn Mowers
10.2.3. Hover Lawn Mowers
10.2.4. Zero Turn Lawn Mowers
10.2.5. Robotic Lawn Mowers
10.3. Europe Lawn Mowers Market Value, By Power Source, 2018-2028 (US$ Bn)
10.3.1. Self-Propelled
10.3.2. Petrol
10.3.3. Diesel
10.3.4. Electric
10.3.5. Battery
10.4. Europe Lawn Mowers Market Value, By Cutting System, 2018-2028 (US$ Bn)
10.4.1. Reel Mowers
10.4.2. Rotary Lawn Mowers
10.5. Europe Lawn Mowers Market Value, By Engine Power, 2018-2028 (US$ Bn)
10.5.1. Less than 15hp
10.5.2. Between 15hp & 30hp
10.5.3. More than 30hp
10.6. Europe Lawn Mowers Market Value, By End-users, 2018-2028 (US$ Bn)
10.6.1. Residential
10.6.2. Commercial/ Government
10.7. Europe Lawn Mowers Market Value, By Country/ Region, 2018-2028 (US$ Bn)
10.7.1. Market Analysis
10.7.2. U.K.
10.7.3. Germany
10.7.4. France
10.7.5. Rest of Europe
11. Asia Pacific Lawn Mowers (LM) Market Analysis, 2018-2028 (US$ Bn)
11.1. Overview
11.1.1. Asia Pacific Lawn Mowers Market Value, 2018-2028, (US$ Bn)
11.2. Asia Pacific Lawn Mowers Market Value, By Type, 2018-2028 (US$ Bn)
11.2.1. Walk-behind Lawn Mowers
11.2.2. Riding Lawn Mowers
11.2.3. Hover Lawn Mowers
11.2.4. Zero Turn Lawn Mowers
11.2.5. Robotic Lawn Mowers
11.3. Asia Pacific Lawn Mowers Market Value, By Power Source, 2018-2028 (US$ Bn)
11.3.1. Self-Propelled
11.3.2. Petrol
11.3.3. Diesel
11.3.4. Electric
11.3.5. Battery
11.4. Asia Pacific Lawn Mowers Market Value, By Cutting System, 2018-2028 (US$ Bn)
11.4.1. Reel Mowers
11.4.2. Rotary Lawn Mowers
11.5. Asia Pacific Lawn Mowers Market Value, By Engine Power, 2018-2028 (US$ Bn)
11.5.1. Less than 15hp
11.5.2. Between 15hp & 30hp
11.5.3. More than 30hp
11.6. Asia Pacific Lawn Mowers Market Value, By End-users, 2018-2028 (US$ Bn)
11.6.1. Residential
11.6.2. Commercial/ Government
11.7. Asia Pacific Lawn Mowers Market Value, By Country/ Region, 2018-2028 (US$ Bn)
11.7.1. Market Analysis
11.7.2. Japan
11.7.3. China
11.7.4. India
11.7.5. Rest of Asia Pacific
12. Rest of the World Lawn Mowers (LM) Market Analysis, 2018-2028 (US$ Bn)
12.1. Overview
12.1.1. Rest of the World Lawn Mowers Market Value, 2018-2028, (US$ Bn)
12.2. Rest of the World Lawn Mowers Market Value, By Type, 2018-2028 (US$ Bn)
12.2.1. Walk-behind Lawn Mowers
12.2.2. Riding Lawn Mowers
12.2.3. Hover Lawn Mowers
12.2.4. Zero Turn Lawn Mowers
12.2.5. Robotic Lawn Mowers
12.3. Rest of the World Lawn Mowers Market Value, By Power Source, 2018-2028 (US$ Bn)
12.3.1. Self-Propelled
12.3.2. Petrol
12.3.3. Diesel
12.3.4. Electric
12.3.5. Battery
12.4. Rest of the World Lawn Mowers Market Value, By Cutting System, 2018-2028 (US$ Bn)
12.4.1. Reel Mowers
12.4.2. Rotary Lawn Mowers
12.5. Rest of the World Lawn Mowers Market Value, By Engine Power, 2018-2028 (US$ Bn)
12.5.1. Less than 15hp
12.5.2. Between 15hp & 30hp
12.5.3. More than 30hp
12.6. Rest of the World Lawn Mowers Market Value, By End-users, 2018-2028 (US$ Bn)
12.6.1. Residential
12.6.2. Commercial/ Government
12.7. Rest of the World Lawn Mowers Market Value, By Region, 2018-2028 (US$ Bn)
12.7.1. Market Analysis
12.7.2. Middle East & Africa
12.7.3. Latin America
13. Company Profiles
13.1. John Deere
13.2. Kubota Tractor Corporation
13.3. The Husqvarna Group
13.4. The Toro Company
13.5. Cub Cadet
13.6. Troy-Bilt LLC
13.7. MTD Products Inc.
13.8. Swisher Inc.
13.9. Ariens Company
13.10. Dixie Chopper
13.11. Briggs & Stratton Corporation
13.12. Craftsman
13.13. Robert Bosch GmbH
13.14. Kobalt
13.15. Mountfield a.s.
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