The Powered lawn mower Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Powered lawn mower market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Powered lawn mower. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives
The Powered Lawn Mower Market is poised to experience substantial financial growth, with a promising Compound Annual Growth Rate (CAGR) of 4.5% anticipated during the forecasted period. Projections suggest that the overall market is set to achieve sales surpassing US$ 2,323.8 million by the year 2033, marking a noteworthy increase from the recorded figure of US$ 1,496.3 million in 2023.
This surge in powered lawn mower sales can be attributed to the rising prevalence of gardening and lawn maintenance activities, coupled with an increasing emphasis on comprehensive lawn care. To meet the diverse needs of discerning consumers, manufacturers have diversified their product offerings, introducing a variety of features such as variable cutting widths, adjustable heights, and an array of attachments.
The landscape of powered lawn mowers has been transformed by technological advancements, enabling precise cutting, improved energy efficiency, and enhanced user convenience. Furthermore, industry participants have placed significant emphasis on incorporating sustainable and eco-friendly elements across their equipment and machinery, demonstrating their commitment to ecological stewardship.
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In particular, there is a growing market for electric-powered lawn mowers as environmental concerns become more widely known in emerging economies. Compared to conventional gas-powered versions, electric-powered lawn mowers are quieter, generate fewer pollutants, and require much less maintenance throughout their lifetime.
Key Takeaways from the Powered Lawn Mowers Market Study Report
- The United States holds a dominant share of the global market, contributing 28.3% of the total revenue generated in 2022.
- In Europe, Germany is the leading manufacturer of powered lawn mowers and held a global market share of 6.2% in 2022.
- The demand for powered lawn mowers in the United Kingdom is anticipated to continue at 3.5% from 2023 to 2033.
- India is the emerging market for powered lawn mowers and is anticipated to capture a CAGR of 5.7% through 2033.
Residential Renaissance Driving Demand
The burgeoning interest in residential landscaping across North America has sparked a notable surge in the demand for electric garden tools, with powered lawn mowers standing out as particularly sought-after items. Homeowners are increasingly drawn to the appeal of maintaining well-kept lawns and landscapes while simultaneously embracing environmentally conscious solutions. This residential trend has not only fueled substantial growth within the market but has also led to a significant shift in consumer preferences towards electric alternatives, thereby driving the rapid expansion of the powered lawn mower market.
Commercial Landscapes Embrace Electric Power
The adoption of powered lawn mowers extends beyond residential environments to encompass commercial settings like parks, public gardens, and sports arenas. This shift toward electric solutions in maintaining outdoor spaces is fueled by the increasing demand for efficient and eco-friendly maintenance tools. Consequently, the market for powered lawn mowers in North America is experiencing significant growth, driven by both residential and commercial sectors. Future Market Insights is dedicated to offering thorough analysis and insights into this dynamic market landscape, acknowledging its evolving nature and expanding scope.
Competitive Landscape for the Powered Lawn Mowers Market Players
American Lawn Mower, Unison Engg, Rank Engineering, Husqvarna, D&D Moto, Hayter, MEAN GREEN, CHP, GGP, and Hayter are some top players in this market. Additionally, new players are emerging and improving their positions in developed and emerging countries by growing their distribution networks. Forming strategic alliances with nearby dealers, online merchants, and home improvement businesses is a prominent strategy all players adopt.
Manufacturers of powered lawn mowers have been actively expanding their operations to take advantage of recent cutting-edge technology developments. They are integrating Internet of Things (IoT) connection, robotic automation, and superior material into their products to gain a competitive edge over their rivals. Moreover, producers are focusing on research and development to enhance the efficiency and robustness of lawn mowers to fulfill the changing demands of consumers.
Recent Developments by the Powered Lawn Mowers Manufacturing Industries
In mid-2022, Honda unveiled its new self-propelled HRG536X lawn mower with additional features. It has a brushless electric motor, which is more effective and silent than conventional gasoline engines. Additionally, it offers a variety of safety features, including a safety key and a blade brake.
In 2021, Toro unveiled its new category of SmartStowTM technology lawn mowers. These new types of lawn mowers can now be folded and stored upright, saving room in the garage.
In July 2020, EGO made their Power+ 56V cordless lawnmowers available in the market. EGO 56V batteries, which have a duration of up to 75 minutes, are used to power this mower. It also boasts several user-friendly features, including a self-propelled motor and variable speed control.
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Key Segments Profiled in the Powered Lawn Mowers Market Survey
By Material Type:
- Steel
- Polymer
- Polypropylene
By Source of Power:
- Gas-Powered
- Electric-Powered
- Battery-Powered
By Cutting Systems:
- Reel Mowers
- Rotary lawn mowers
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific
- Japan
- The Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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