The global robotic lawn mower market is poised for significant growth, with projections indicating it will surpass USD 3,462.23 million by 2034, representing a robust compound annual growth rate (CAGR) of 12.5% from its current valuation of USD 1,066.19 million in 2024.
This growth is primarily driven by advancements in Artificial Intelligence (AI) and the increasing integration of robotics technology. The proliferation of smartphones has also played a crucial role, enabling users to control robotic lawn mowers easily through smartphone apps, which cater to both personal and commercial landscaping needs. Insights from Future Market Insights underscore these key drivers behind the market’s rapid expansion.
Technological advancements are significantly boosting sales in the robotic lawn mower sector. The continuous evolution of AI technology has enhanced the efficiency and capabilities of these devices, leading to a surge in demand.
Future growth in the robotic lawn mower market is expected to be fueled by two main factors: the rising use of automation in the commercial sector to cut operational costs and the growing adoption of robotic mowers for residential use. These trends are creating a favorable environment for the market’s expansion throughout the forecast period.
Full Market Assessment: Comprehensive Report
Key Insights from Research on the Robotic Lawn Mower Market:
- Europe’s Strong Standing: Europe secures the second spot in robotic lawn mower sales, with an anticipated growth rate of 11.7% CAGR in the upcoming years. Collectively, North America and Europe command a substantial 75% share of the total market.
- Emerging South Asian and Pacific Markets: The South Asian and Pacific regions are poised to showcase remarkable growth prospects, notably driven by expanding construction endeavors in China, Japan, and India.
- Exporting Powerhouses: Key exporters of robotic lawn mowers include the United States, Japan, and Germany, underlining their significant contribution to the global market. Additionally, Japan and South Korea collectively account for over 8% of the overall market share.
- Online Channels Elevating Sales: Sales channels are witnessing a strategic shift towards online platforms, with collaborations between online channels and e-retail giants like Amazon and Alibaba, aimed at bolstering margin growth.
Competitive Landscape:
In order to cater rising demand, companies are entering to strategic collaborations. These partnerships also are intended at expanding portfolio and sharing expertise.
In 2019, Mean Green Products, LLC (Mean Green Mowers), a leading manufacturer of commercial electric mower collaborated with the Kobi Company which is a leading company of robotic solutions to establish safe, convenient, and cost –effective robotic lawn mowers.
Key Players Profiled in the Global Robotic Lawn Mower Market Includes:
- Husqvarna AB,
- MTD Products,
- STIGA S.p.A.,
- KYODO CO., LTD.,
- Robert Bosch GmbH,
- Deere & Company,
- NINGBO NGP INDUSTRY CO., LTD.,
Market Segmentation:
By Working Area:
- Small Area (up to 0.4 acres)
- Medium Area (0.4-0.8 acre)
- Large Area (above 0.8 acres)
By End Use:
- Residential
- Commercial
By Sales Channel:
- Offline
- Online
By Region:
- North America
- Latin America and the Middle East & Africa (LAMEA)
- Europe
- South East Asia & Pacific
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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