Authored By: Sarah
27 Aug 2024

Electric Lawn Mower Market Size to grow by USD 3607.5 million between 2024-2028

The Electric Lawn Mower Market is segmented by End-user (Commercial and Residential), Type (Cordless electric lawn mower and Corded electric lawn mower), and Geography (North America, Europe, APAC, South America, and Middle East and Africa). As per the Global Forecast research report 2024-2028 published by Technavio, the market size is estimated to grow by USD 3607.5 million, at a CAGR of 10.43% during the forecast period. There are several companies that are contributing to the market as per this report. Automation in lawn care .

By End-user, the Commercial segment is projected to dominate the market size in 2024

Commercial entities, such as public parks, amusement parks, tech parks, golf courses, government buildings, sports grounds, and garden and lawn care service companies, are significant consumers of electric lawn mowers. Given the expansive dimensions of commercial landscapes compared to residential properties, these entities prioritize the use of power tools over manual labor. Consequently, the commercial segment's demand for electric lawn mowers is escalating, as these tools offer enhanced efficiency and convenience during operations. Notably, this segment is experiencing an influx of new product launches from manufacturers, further fueling market growth.

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Why is North America forecasted to hold the largest regional market size in 2024?

The electric lawn mower market is experiencing significant growth due to increasing consumer preference for eco-friendly and low-maintenance gardening solutions. Key players in this sector are investing in research and development to enhance product efficiency and performance. Advanced features such as cordless technology, adjustable cutting height, and mulching capabilities are driving demand in the market. Additionally, the declining price point of electric lawn mowers is making them an attractive alternative to traditional gas-powered models. Overall, the electric lawn mower market is poised for continued expansion in the coming years.

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Research Analysis Overview

The electric lawn mower market is witnessing significant growth as more homeowners and commercial entities seek sustainable and eco-friendly alternatives to traditional gas-powered models. In residential gardens, human effort is giving way to electric-powered solutions, with lever-operated mowers featuring revolving blades becoming increasingly popular. Electric mowers are also making inroads into large parks, golf courses, and even green roofs. Sustainability and landscaping are key drivers of this trend, with battery-powered lawnmowers gaining traction in the commercial real estate sector. The battery technology behind cordless segment mowers, particularly Lithium-ion, has advanced significantly, offering longer battery life and improved performance. The market is segmented into Corded and Cordless segments, with the latter showing faster growth. Developing markets are expected to contribute significantly to the market's expansion. Manufacturers like Husqvarna, Bosch, and Greenworks are leading the charge in producing zero-emission lawn mowers. Seasonality and supply chain networks pose challenges to the market, but the demand for eco-friendly products and professional landscaping services continues to drive growth. The ride-on segment is also gaining popularity, offering increased efficiency for larger areas. Overall, the electric lawn mower market is poised for continued growth as the world moves towards more sustainable gardening activities.

Market Research Overview

The global electric lawn mower market is a segment of the broader household products industry, which encompasses non-durable goods such as cleaning agents, personal care items, and paper products. Market expansion in this sector will be fueled by several key factors. One significant driver is the burgeoning e-commerce sector, particularly in emerging economies. Over the past five years, e-commerce platforms have experienced exponential growth, providing advantages like ease of purchase, convenient payment methods, discounts, and an extensive product range. This trend is projected to persist, leading to substantial gains for the electric lawn mower market and the household products industry at large.

The Electric Lawn Mower Market is experiencing significant growth, fueled by the increasing number of product launches. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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