Zero Turn Mower Market Size, Share & Trends Analysis Report By Cutting Width (Less Than 50 Inches, 50 To 60 Inches, More Than 60 Inches), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2023 - 2030
Zero Turn Mower Market Size, Share & Trends Analysis Report By Cutting Width (Less Than 50 Inches, 50 To 60 Inches, More Than 60 Inches), By Application (Residential, Commercial), By Region, And Segment Forecasts, 2023 - 2030
Zero Turn Mower Market Trends & Growth
The global zero turn mower market size is expected to reach USD 5.58 billion by 2030, registering a CAGR of 10.6% during the forecast period, according to a new report by Grand View Research, Inc. Rapidly expanding commercial and residential construction sectors across the globe is spurring the demand for landscaping services, which, in turn, is expected to propel the demand for zero turn mowers over the forecast period. Furthermore, increasing awareness and interest in the environmental and social benefits of green spaces to bolster market growth.
Another major reason contributing to the demand of zero turn mowers is their ability to cut grass nearly as twice as fast as traditional lawn tractors is expected to power the market adoption. Moreover, zero-turn mowers have faster ground speeds than other types of mowers. Thus, this saves time of operations and increases the productivity of the lawn activities. For instance, John Deere Z700 Series Zero-Turn Mowers has a width of 54 or 60 inches but is equipped with a 24-horsepower engine.
In 2018, North America dominated the market. The market was led by the US, where zero turn mowers have extreme usage on golf courses and sports fields. Furthermore, the growing population in the Asia Pacific region is anticipated to impact the growth of the residential and commercial sectors favorably. Urbanization in the region is expected to bolster the demand for recreational parks, thus creating the need for maintenance, which is expected to drive the market growth over the forecast period.
Zero Turn Mower Market Report Highlights
Zero turn mowers with cutting width more than 60 inches accounted for the highest market share in 2022 as these products offer optimal balance of power and reduces mowing time considerably
The 50 to 60 inch segment is estimated to grow significantly during the forecast period, owing to increased consumer interest in gardening activities, such as backyard cookouts, beautification, and landscaping
The commercial segment dominated the market, owing to increasing investments by government and public bodies in the beautification of public spaces, such as existing parks and yards
North America accounted for over 36.88% share of the overall revenue in 2022 and is expected to dominate the market over the forecast period owing to rise in the number of landscaping activities coupled with number of golf course in the region
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Cutting width
1.1.2. Application
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. GVR’s internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Cutting width
2.2.2. Application
2.2.3. Regional outlook
2.3. Competitive Insights
Chapter 3. Zero Turn Mowers Market Variables, Trends & Scope