Dublin, June 03, 2021 (GLOBE NEWSWIRE) – The report “Push Lawn Mowers Global Market Report 2021: COVID-19 Impact and Recovery to 2030” has been added to ResearchAndMarkets.com offer.
The major players in the push lawn mower market are Troy-Bilt, Husqvarna Lawn Mowers, Honda Lawn Mowers, Cub Cadet, The Toro Company, Craftsman and Lawn-Boy Inc.
The global push lawn mower market is expected to grow from $ 15.13 billion in 2020 to $ 16.16 billion in 2021 at a compound annual growth rate (CAGR) of 6.8%. The growth is mainly due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges.
The market is expected to reach $ 19.86 billion in 2025 at a CAGR of 5.3%.
Manufacturers focus on increasing the efficiency of their products to increase potency in order to make their products more efficient than their predecessors and increase runtime. For example, in August 2019, Honda replaced the Honda HRR series with the HRN lawn mowers with a GCV170 engine that provides 9% more horsepower and 18% more torque than the Honda GCV160 engine in the Honda mower series. HRR.
Likewise, in July 2020, Makita USA, Inc. introduced the latest LXT 18V X2 (36V) Cordless 21 “Cordless Commercial Lawn Mower (XML09). Users have the option of mounting two additional LXT batteries for one longer operating time.
The Push Lawn Mower Market covered in this report is segmented by Type into Gasoline Lawn Mowers and Electric Lawn Mowers. It is also segmented by residential, commercial applications.
In September 2020, DR Power Equipment, a U.S.-based subsidiary of Generac Holdings Inc., a manufacturer of professional grade outdoor electrical equipment, including a wide range of gas and battery powered products, launched acquired Mean Green Products, LLC for an undisclosed amount. .
This acquisition is expected to complement DR Power Equipment’s core battery-powered products and strategically push them to incorporate and create new battery-powered solutions. Mean Green Products, LLC is a United States-based company that designs and manufactures agricultural machinery, including electric lawn mowers.
Growing interest in lawn care and gardening activities among people during the COVID-19 outbreak is expected to drive the push lawn mower market. People turn to lawn care and gardening for a variety of reasons, such as to keep them busy, as a hobby, to gain a sense of accomplishment, a way to reduce stress, and to have access to food. costs.
According to the ScottsMiracle-Gro survey released in June 2020, more than 55% of American adults are currently gardening or maintaining their lawns during the COVID-19 outbreak. According to the Office for National Statistics survey, around 45% of Britons face foreclosure while gardening. Lawn maintenance and gardening activities require equipment such as lawn mowers to clean the area by cutting the grass which improves the image of the property. Thus, the high demand for gardening equipment is expected to propel the growth of the push lawn mower market.
The increase in the use of synthetic turf for residential lawns and sports areas is expected to hamper the market for growing lawns. Synthetic turf is preferred due to its low maintenance as it does not require regular cutting, reduces injury and durability.
For example, in the United States, artificial turf is used in more than 700,000 playgrounds and 17,000 golf courses covering 50 million acres with artificial turf. The advantages offered by artificial turf include the requirement of little or no water, very little maintenance and longer durability (it can last from 15 to 20 years). Hence, long term profitability has played a big part in its favor which in turn is likely to challenge the push lawn mower market during the forecast period.
Main topics covered:
2. Features of Lawn Mower Market
3. Lawn Mower Market Trends and Strategies
4. Impact of COVID-19 on push lawn mowers
5. Size and Growth of Lawn Mower Market
5.1. Global Historical Push Lawn Mower Market, 2015-2020, in USD Billion
5.1.1. Market drivers
5.1.2. Market constraints
5.2. Global Lawn Mower Forecast Market, 2020-2025F, 2030F, in USD Billion
5.2.1. Market drivers
5.2.2. Market constraints
6. Lawn Mower Market Segmentation
6.1. Global Lawn Mower Market, Segmentation by Type, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
- Gasoline Lawn Mowers
- Electric lawn mowers
6.2. Global Lawn Mower Market, Segmentation by Application, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
6.3. Global Lawn Mower Market, Product Segmentation, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
7. Regional and Country Analysis of Lawn Mower Market
7.1. Global Lawn Mower Market, Divided by Region, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
7.2. Global Lawn Mower Market, Divided by Country, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
- Husqvarna lawn mowers
- Honda lawn mowers
- The Toro Company
- Lawn-Boy Inc.
- Makita Corporation
For more information on this report, visit https://www.researchandmarkets.com/r/yu6cq4