Lawn Mower Market Share Expected to Grow by USD 51.44 billion by 2030

The Lawn Mower Market Share which was estimated at USD 35.31 billion in 2023, is expected to grow from USD 35.31 billion in 2023 to USD 51.44 billion by 2030, at a compound annual growth rate (CAGR) of 5.52% during the forecast period. The growing gardening and landscaping activities, along with the increasing number of outdoor sports requiring maintaining a well-kept lawn are factors further driving this growth. 

Drivers for Growth & Opportunities in the Market

The increased consumer interest in gardening activities like landscaping, beautification of the backyard to make it more appealing, and outdoor sports or recreational events are a major driver fueling the growth of the lawn mower market. The increasing popularity of sports such as lawn tennis, cricket, football, and golf requires large turfs & fields to be maintained, thereby creating the need for lawn mowing equipment. However, newer technology has given rise to modern lawn mower types, ranging from robotic versions to battery-powered lawn mowers, providing even better efficiency and convenience. Moreover, the trend of adopting green roofs and sustainable landscaping techniques will avail further opportunities for market growth, as these methods need professional equipment for maintenance.

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Segmentation Analysis

On the basis of product type, lawn mower market is segmented into walk-behind, riding and robotic among others.

Based on Product Type, the market consists of ride-on mowers, push mowers and robotic mowers. Stroller mowers had the largest market share of 36.78% in 2023. As commercial and residential landscaping demand grows, so does their popularity as they are capable of providing upkeep on large lawns and gardens. Robotic lawn mowers are expected to have a significant market growth with a CAGR of 11.31% throughout the forecast period owing to their durability, ease of operation, and eco-friendly nature.

by Power Type: Lawn mowers can be categorized into electronic and non-electronic types. In 2023, the electronic mower segment led the market with a market share of 30.59%, growing at a CAGR of 5.2% in the forecast period. This growth is aided by declining costs, higher work efficiency, automation, and technology advancement. Moreover, growing concerns regarding global warming along with fuel emissions is positively influencing the demand for electronic mowers.

by End-user: The end-user segment comprises of residential and commercial users. Residential segment is expected to grow significantly considering the rising trends of home gardening and lawn maintenance. The commercial sector also accounts for a significant fraction of market growth, as lawns in public places, for example, parks, schools, and fields are flooded with water and need to be treated.

Regional Insights

North America: North America dominates the lawn mower industry, where a considerable share is due to the increasing demand for gardening and landscaping services. The tendency of proper trees and good lawns all add to this mighty presence within the regionDue to the region's strong affection for outdoor recreational activities and the well-maintained lawns 등이.

Europe: Europe is not far behind, with Germany and Great Britain leading the way As the region is keen on decorum with an eye towards lessening pollution, demand for lawn mowing equipment is dependent on how sophisticated they are.

Asia-Pacific: This region is expected to grow significantly during the forecast period due to the increase in urbanization, rising disposable income, and a growing interest in gardening and landscaping activities. Rise in residential and commercial spaces in countries such as China and India is anticipated to create demand for lawn mowers over the near term.

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Competitor Analysis

As far as overall mowing equipment market is concerned, few of the larger players are present in the Global Lawn Mower Market and are taking some steps like innovations and strategic decisions to acquire some portion of the market share. Notable companies include:

One is a market leader based on a leading company to provide a broad-based lawn mowers equipment for winemaking.

But it has very superior engines in the world, and Honda also has another efficient quality, watering machines suitable for all consumers.

Husqvarna Group: Creates outdoor power products, specialized in robotic mowers,708 and includes specs on innovations.

Trained up until: e.g. October 2023.

Briggs & Stratton corporation: The company is known for its heavy-duty engines and provides lawn mowing equipment for various uses.

Recent Developments:

Deere & Company: Last week its new line of electric ride-on mowers became available, aiming to offer consumers an environmentally friendly solution.

Honda Motor Co., Ltd.: Introduced a state-of-the-art robotic mower with enhanced navigation and cutting capabilities, targeting tech-savvy market.

Husqvarna Group: Formulated a strategic partnership to create AI-powered lawn care solutions to improve their robotic mower capabilities.

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Conclusion

The global market for lawn mowers is projected to grow, propelled by the rising interest of consumers towards gardening and landscaping, consumer-centric technology, and an increasing number of outdoor sports. Major companies continue to invest in product innovation and strategic composure to accommodate changing consumer preferences, so the market landscape remains dynamic and competitive over the next few years.

Explore More: Visit our website for Additional reports:

Lawn Mower Battery Market https://www.maximizemarketresearch.com/market-report/lawn-mower-battery-market/76148/ 

Robotic Lawn Mower Market https://www.maximizemarketresearch.com/market-report/global-robotic-lawn-mower-market/21487/ 

Lawn and Garden Equipment Market https://www.maximizemarketresearch.com/market-report/global-lawn-and-garden-equipment-market/93286/ 

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