Global robotic lawn mower market 2024-2028

Global Robotic Lawn Mower Market 2024-2028

The robotic lawn mower market is forecasted to grow by USD 1636.6 mn during 2023-2028, accelerating at a CAGR of 19.64% during the forecast period. The report on the robotic lawn mower market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand from commercial segment, continuous product developments, and growing aging population.

Technavio's robotic lawn mower market is segmented as below:

By End-user

• Residential
• Commercial

By Distribution Channel

• Retail store/offline
• Online

By Geographical Landscape

• Europe
• North America
• APAC
• South America
• Middle East and Africa

This study identifies the development of smart cities as one of the prime reasons driving the robotic lawn mower market growth during the next few years. Also, rising number of market consolidation activities and integration of IoT with mobile robots will lead to sizable demand in the market.

The report on the robotic lawn mower market covers the following areas:

• Robotic lawn mower market sizing
• Robotic lawn mower market forecast
• Robotic lawn mower market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading robotic lawn mower market vendors that include AL KO SE, ANDREAS STIHL AG and Co. KG, Echo Inc., Globgro AB, Hangzhou Favor Robot Tech Co. Ltd., Honda Motor Co. Ltd., Husqvarna AB, Irobot Corp., LG Electronics Inc., LINEA TIELLE srl, Mamibot Manufacturing USA Inc., Mowbot, MTD Products Inc., Ningbo Ngp Industry Co., Robert Bosch GmbH, STIGA S.p.A., The Kobi Co., The Toro Co., YAMABIKO CORP., and Zucchetti Centro Sistemi Spa. Also, the robotic lawn mower market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.