Robotic Lawn Mower Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Robotic Lawn Mower Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Robotic Lawn Mower Market

The Robotic Lawn Mower market size was valued at USD 1.29 billion in 2023, and the market is now projected to grow from USD 1.48 billion in 2024 to USD 4.04 billion by 2032, exhibiting a CAGR of 15.5% during the forecast period of 2024-2032.

Noticeable economies seen a major ruin due to sudden stop in financial operations which subsequently driven to decrement in manufacturing exercises making shortage of item accessibility within the market. Moreover, decreased consequence export exercises and limitations on exchange due to surge in disease hampered the supply side operations of the market. In any case, demand side of the advertise anticipated precisely inverse situation. The expanded staying at home empowered part of clients to turn toward domestic planting, which, in turn, made a difference to raise deals of keen planting equipment thus infuriating the lawn mower market growth.

The noticeable and built-up producers working inside the markets are sharp towards improvement of inventive items in differing districts inside the market. These key showcase players are making strong ventures in R&D operations. These innovative headways in automated garden cutter items are set to fuel better than average market development over districts. By analyzing the assorted development openings within the worldwide market, various companies working in different locales are sharp to venture into the market arena.

The expanded intrigued of clients within the utilize of natural items in cultivating and consequent accentuation on the utilize of savvy devices to advance shrewd cultivating operations might substantiate the deals of computerized cutters universally. For instance, as per the information given by GfK SE, in 2016, the applications of mechanical grass cutters worked and maneuverer utilizing smartphones were assessed to be around 50% among the worldwide market of mechanized garden cutters. Furthermore, solid execution of the key players within the created nations inside North America and Europe gives an apparent development and supporting openings of mechanized items deals due to the ever-increasing run of target client base within the market.

Comprehensive Analysis of Robotic Lawn Mower Market

The capacity of the batteries in the robotic lawn mower market moreover are categorized as more than 30 V, 20V and 20-30V. The 20-30V battery capacity are the widely utilized with a huge popularity. The market on the segmentation of application is fractioned into two as residential and commercial. In the phase of COVID-19, the lockdowns and setbacks gave a prominent boost in the residential application. The sales channel bifurcation is namely classified as online websites, retail stores and offline. The offline sector aims on holding a major share in the market with respect to the developed and interconnected supply chain.

European region with a valuation of USD 0.54 billion is anticipated to enroll outstanding robotic lawn mower market share among the worldwide market and is anticipated to create at a significant pace over the period of estimate high demand for proficient grass cutters, proficient arranging gadgets, and mechanized devices within the region. Besides, the move of clients from utilizing conventional gasoline fueled manual grass cutters to more current, quiet, productive, shrewd, and battery fueled mechanical cutters is extending the development point of view in Europe.

Leading producers such as: Cub Cadet (U.S.), LawnMaster (U.S.), Deere & Company (U.S.), Robin Autopilot (U.S.), WOLF-Garten company (Germany), Robert Bosch GmbH (Germany), Robomow Friendly House (Isreal), HONDA MOTOR CO., LTD. (Japan), Positec Germany GmbH (Germany), STIGA S.p.A. (Italy) are contributing much to their R&D divisions in arrange to accomplish innovative dominance and boost their development prospects within the worldwide advertise. Producers are working towards foundation of interconnected and viable deals channel arrange to strengthen its nearness within the worldwide advertise in numerous geographies.

Within the month of March 2021, the company The Toro Co., which works as a grass cutter producer with an operational central station within the U.S., has as of late procured Cleared out Hand Mechanical technology Inc. The vital acquisition will offer assistance Toro to strengthen its ability within the field of following era innovations and will offer assistance to make independent and associated gear.

Segmentation Table

ATTRIBUTE DETAILS

Study Period2017-2028

Base Year2020

Estimated Year 2021

Forecast Period2021-2028

Historical Period2017-2019

UnitValue (USD Billion)

SegmentationBattery Capacity, Application, Sales Channel, and Region

By Battery CapacityUp to 20 V

20 V to 30 V

More than 30 V

By ApplicationResidential

Commercial

By Sales ChannelRetail Store/Offline

Online Websites

By RegionNorth America (By Battery Capacity, Application, Sales Channel, and Country)

U.S. (By Application)

Canada (By Application)

Mexico (By Application)

Europe (By Battery Capacity, Application, Sales Channel, and Country)

U.K. (By Application)

Germany (By Application)

France (By Application)

Italy (By Application)

Spain (By Application)

Russia (By Application)

BENELUX (By Application)

Nordics (By Application)

Rest of Europe

Asia Pacific (By Battery Capacity, Application, Sales Channel, and Country)

China (By Application)

India (By Application)

Japan (By Application)

South Korea (By Application)

ASEAN Countries (By Application)

Australia (By Application)

Rest of Asia Pacific

Middle East & Africa (By Battery Capacity, Application, Sales Channel, and Country)

GCC (By Application)

South Africa (By Application)

Rest of Middle East & Africa

South America (By Battery Capacity, Application, Sales Channel, and Country)

Brazil (By Application)

Argentina (By Application)

Colombia (By Application)

Rest of South America


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