Latest News- Lawn Mowers Market: Residential is expected to lead the End-user segment during 2024-2028

The Lawn Mowers Market is being driven by Rise in demand for gardens and lawns

The Lawn Mowers Market is expected to grow at a CAGR of 7.44% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 11084.5 million. In the lawn mower market, businesses are prioritizing the rollout of robotic lawn mowers to cater to the increasing preference for high-tech and convenient gardening solutions among consumers. Advanced features such as GPS, Wi-Fi, and sensors are propelling the industry's expansion. These technologies enable remote operation, high-efficiency grass cutting, obstacle detection, and minimal human intervention. Furthermore, the demand for sophisticated lawn mowers is surging among affluent middle-class consumers in developed countries, particularly in the US, Canada, and the UK, who value gardening as a leisure activity. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Residential
  • Commercial
• Product
  • Walk-behind
  • Riding
  • Robotic
• Power Output
  • Corded
  • Cordless
• Technology Specificity
  • Manual
  • Electric
  • Gasoline
  • Robotic
• Geography
  • North America
    • Mexico
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rise in demand for gardens and lawns
• Rise in popularity of sports
• Rapid increase in urbanization in developing nations

However, the market also witnesses some limitations, which are as follows:

• Rise in pollution and emissions from lawn mowers
• Stringent regulatory norms
• Fluctuating prices of raw materials

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Market Scope in Lawn Mowers Market Research Report

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Research Analysis Overview

The lawn mowers market encompasses various types of lawn mowing machines, including riding lawn mowers, zero-turn mowers, and robotic lawn mowers, catering to golf lawns, urban spaces, and residential places. Institutional demand for lawn care is driving sales, with consumer preferences shifting towards eco-friendly options like electric and battery-powered mowers. Environmental concerns and regulatory considerations are influencing the market, with semiconductor shortages impacting production. The affluent middle class and leisure activities, such as sports and golf, are significant factors. The robotic mowers segment is gaining traction due to smart technologies, while gas-powered models face challenges due to emissions and noise pollution. Consumer interest and economic conditions continue to influence market trends. Lawn care services also play a role in the market.

Market Research Overview

The lawn mowers market, a significant segment of the global housewares and specialties market, experiences continued growth due to increasing demand for lawn mowing machines in various sectors. This includes sports activities and golf courses, institutional demand, and residential purposes. Riding lawn mowers, zero-turn mowers, and robotic lawn mowers cater to the needs of urban spaces and larger residential places. The market's expansion is driven by factors such as the rising preference for well-manicured lawns, increased consumer disposable income, and technological advancements leading to innovative designs and improved functionality in lawn mowers.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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