Robotic Lawn Mowers Market Size, Share & Trends Analysis Report By Battery Capacity (Up To 20V, 20V To 30V), By Sales Channel (Retail Stores/Offline, Online), By End-Use (Residential, Commercial), By Region, And Segment Forecasts, 2023 - 2030
Robotic Lawn Mowers Market Growth & Trends
The global robotic lawn mowers market size is expected to reach USD 15.94 billion by 2030, registering a CAGR of 10.9% from 2023 to 2030, according to the recent reports of Grand View Research, Inc., The market has experienced significant growth in recent years, owing to the increasing use of smartphones. The proliferation of smartphones has revolutionized the way we interact with technology and manage our daily tasks, and this trend is now extending to the world of lawn care. One key driver of the robotic lawn mower market's growth is the integration of smartphone apps with these autonomous lawn maintenance devices. Users can easily control and monitor their robotic lawn mowers remotely through dedicated mobile apps. This level of convenience and accessibility has resonated with consumers, especially those with busy schedules or limited mobility. They can schedule mowing sessions, adjust settings, and receive real-time status updates right from their smartphones. This connectivity not only enhances user expe
rience but also ensures that lawns are consistently and efficiently maintained.
The smartphone integration has enabled manufacturers to implement advanced features such as GPS navigation and geofencing. Users can define specific mowing areas and boundaries through their smartphone apps, allowing robotic lawn mowers to operate with precision and avoid obstacles. This not only saves time but also contributes to the overall safety of these devices. As smartphones continue to become an integral part of our lives, their synergy with robotic lawn mowers is expected to drive further market expansion, making lawn care smarter, more efficient, and more convenient for consumers worldwide.
The market has witnessed significant growth in developed countries and holds great potential for expansion within emerging economies. This expansion is driven by various factors that indicate a promising future for manufacturers in these regions. As disposable incomes gradually increase in emerging economies, consumers are anticipated to show greater interest in acquiring labor-saving devices that contribute to an improved quality of life. This presents a prime opportunity for manufacturers to tap into these untapped markets by providing products designed to align with the preferences and requirements of consumers in these regions.
Robotic Lawn Mowers Market Report Highlights
Based on battery capacity, the 20V to 30V segment is expected to register the highest CAGR over the forecast period. The segment’s growth is attributed to the higher voltage capacities ensuring reliable performance, enabling these robots to handle larger yards effectively
Based on sales channel, the online segment is expected to register the highest CAGR over the forecast period. The segment’s growth is attributed to the increasing digital literacy among consumers across the globe
Based on end-use, the residential sector segment is expected to register the highest CAGR over the forecast period. The sector’s growth is attributed to urbanization and population growth across the globe
Asia Pacific is expected to register the highest CAGR over the forecast period. The region’s growth is attributed to rapid urbanization and increasing affluence across countries
Market players are focusing on several growth strategies, including new product launches or upgrades, partnerships, collaborations, and mergers & acquisitions, to stay afloat in the market. For instance, in August 2023, HOOKII Inc. launched HOOKII Neomow X, a robotic lawn mower. The robotic lawn mower will provide redefine the landscape of lawn care via LiDAR SLAM precision navigation and considerable operation
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Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Information Procurement
1.2.1. Purchased database.
1.2.2. GVR's internal database
1.2.3. Secondary sources & third - party perspectives