$53.71 Billion Lawn Mower Market by Type, End User and Fuel Type – Global Opportunity Analysis and Industry Forecast, 2021-2030


DUBLIN, May 24, 2022–(BUSINESS WIRE)–The report “Lawn Mowers Market by Type, End User and Fuel Type: Global Opportunity Analysis and Industry Forecast, 2021-2030” has been added to from ResearchAndMarkets.com offer.

The global Lawn Mower Market size was valued at USD 26,248.5 Million in 2020 and is projected to reach USD 53,715.1 Million by 2030, registering a CAGR of 6.8% from 2021 to 2030.

Lawn mowers are machines made up of rotating blades to cut the grass. Lawn mowers are usually powered by electric motors or internal combustion engines and are equipped with height adjustment components that allow the operator to cut the grass as needed.

Lawn mowers are available in a wide range of sizes and cutting capacities in the market, which makes them suitable for mowing lawns of all sizes. The growing popularity of cordless lawn mowers extends the usability of electronic lawn mowers. Lawnmowers are essential for maintaining lawns in gardens as well as sports facilities such as golf courses.

Growing consumer interest in gardening activities has greatly increased the demand for lawn mowers from residential users. Also, the requirement for frequent lawn care activities in luxury residential complexes, resorts and amusement parks has fueled the demand for lawn mowers. However, the growing popularity of artificial grass is a major restraint in the growth of the market. Additionally, the development of lawn mowers with remote control and built-in GPS offers lucrative opportunities for market growth.

The global lawn mower market is segmented on the basis of type, end user, fuel type and region. By type, the market is categorized into ride-on mower, push mower, and robotic mower. By end user, it is categorized into residential and non-residential. By fuel type, the market is categorized into electronic and non-electronic. By region, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.

The major players operating in the global market have adopted key strategies such as product launches to enhance their reach in the market and sustain the stiff competition in the market.

Main results of the study

  • The report provides an in-depth analysis of current and emerging Lawn Mowers market trends and dynamics

  • Based on type, riding mowers dominated the lawn mower market, in terms of revenue in 2020 and the robotic mower segment is expected to grow at a significant CAGR during the forecast period

  • By end user, the residential segment recorded the highest revenues in 2020

  • Asia-Pacific is expected to register the highest growth rate in the coming years

  • Key players of the Lawn Mower market are profiled in this report and their strategies are thoroughly analyzed which helps to understand the competitive outlook of the Lawn Mower industry.

  • The report provides an in-depth analysis of current trends and emerging opportunities in the market

  • An in-depth analysis of the Lawn Mowers market is performed by constructing estimates for the key segments between 2021 and 2030.

Competition analysis

Key market players profiled in this report include

Market dynamics

Drivers

  • Increased consumer interest in gardening activities

  • Use of lawn mowers to maintain public facilities

  • Increase in the adoption of cordless lawn mowers

Constraints

Opportunity

Key segments

By type

  • Riding mower

  • push mower

  • Robot Lawn Mower

Per end user

  • Residential

  • Non-residential

By fuel

By region

  • North America

  • WE

  • Canada

  • Mexico

  • Europe

  • UK

  • Germany

  • France

  • Spain

  • Italy

  • The rest of Europe

  • Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • LAMEA

  • Latin America

  • Middle East

  • Africa

For more information about this report visit https://www.researchandmarkets.com/r/7shbkv

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220524006008/en/

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