The robotic lawn mower market is segmented by end-user (residential and commercial), distributional channel (offline and online), and geography (APAC, North America, Europe, Middle East, and Africa, and South America). Development of smart cities is the major robotic lawn mower market trend which will positively influence the market value.
The robotic lawn mower market share will value over USD 1069.21 million by 2027
It is estimated to expand at a CAGR of 15.73% from 2022 to 2027
The robotic lawn mower market size will witness a YOY growth rate of 13.52% in 2023
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A smart city integrates information and communication technology (ICT) with IoT to manage a city. Robotic lawnmowers are battery-powered and emission-free, which can aid in fulfilling the standards for energy efficiency and pollution in smart cities. Hence, the development of smart cities is the primary trend driving the robotic lawn mower market growth.
Numerous commercial end-users are opting for robotic lawn mowers over manual cutting machines for garden and lawn care.The mower can maneuver through narrow spaces and around obstacles such as trees and landscaping thanks to the product's patented vision technology, which uses numerous cameras to map and locate obstacles in the yard or space.
Some of the major robotic lawn mower market vendors are:
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The availability of alternatives are the major hindrance for market players
The robotic lawn mower market structure is fragmented in nature.
52% of robotic lawn mower market growth will develop from Europe.
The market growth by the residential segment will be significant during 2023-2027 owing to the increasing adoption of robotic lawn mowers by residential consumers.
