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Robotic Lawn Mower Market Growth, Size, and Trends by 2024

Robotic Lawn Mower Market size, growth, and demand forecast through 2024. Explore key industry insights and trends.

Fortune Business Insights’ latest report, “Robotic Lawn Mower Market 2024, Growth Opportunities, and Forecast,” offers actionable insights into the Machinery & Equipment industry. The report includes demand analysis, industry insights, competitive intelligence, and a customer database. The Robotic Lawn Mower Market research report provides a thorough evaluation of the market, including strategic insights into future trends, growth factors, supplier and demand landscapes, year-on-year growth rate, CAGR, and pricing analysis. It also offers several business matrices, such as Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, Four Ps Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.

The global robotic lawn mower market size was USD 1.29 billion in 2020 and is projected to grow from USD 1.48 billion in 2021 to USD 4.04 billion in 2028 at a CAGR of 15.5% during the 2021-2028 period. The global impact of COVID-19 has been unprecedented and staggering, with robotic lawn mower witnessing a positive impact on demand across all regions amid the pandemic. Based on our analysis, the global market exhibited a stellar growth of 13.6% in 2020 as compared to the average year-on-year growth during 2017-2019. The sudden fall in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.

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Recent Industry developments of robotic lawn mower market:

  • Husqvarna Group, a Sweden-based robotic lawn mower manufacturer, launched a novel robotic mower solution, CEORA. The product will elevate automated, sustainable, and cost-effective landscape maintenance operations. The product is aimed to target customers with a demand for smart and digitalized professional lawn mowing products and solutions.
  • The Toro Co., which operates as a lawn mower manufacturer with an operational headquarters in the U.S., has recently acquired Left Hand Robotics Inc. The strategic acquisition will help Toro to strengthen its expertise in the field of next generation technologies and will help to manufacture autonomous and connected equipment.

Top Keyplayers of robotic lawn mower market:

  • Husqvarna Group (Stockholm, Sweden)
  • Robert Bosch GmbH (Gerlingen, Germany)
  • Deere & Company (Illinois, the U.S.)
  • STIGA S.p.A. (Veneto, Italy)
  • HONDA MOTOR CO., LTD. (Tokyo, Japan)
  • Hitachi, Ltd. (Tokyo, Japan)
  • LawnMaster (South Carolina, the U.S.)
  • The Toro Co. (Minnesota, the U.S.)
  • GLOBGRO AB (Skåne, Sweden)
  • ANDREAS STIHL AG & Co. KG (Waiblingen, Germany)
  • Robin Autopilot (Texas, the U.S.)
  • Robomow Friendly House (Jerusalem, Israel)
  • WOLF-Garten company (Saarbrücken-Bübingen., Germany)
  • Cub Cadet (Ohio, the U.S.)
  • Positec Germany GmbH (Nordrhein-Westfalen, Germany)
  • AL-KO (Großkötz, Germany)
  • WIPER S.R.L. (Treviso, Italy)

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Robotic Lawn Mower Market Segmentation

Robotic Lawn Mower Market Share, Size & COVID-19 Impact Analysis, By Battery Capacity (Up to 20 V, 20 V to 30 V, and More than 30 V), By Application (Residential and Commercial), By Sales Channel (Retail Store/Offline and Online Websites), and Regional Forecast Between, 2021-2028

Reasons to buy this report:

This report thoroughly examines the competitive dynamics, growth areas, market conditions, and trends in the robotic lawn mower market. It assists businesses in identifying opportunities for growth and development while highlighting potential challenges and risks. Stakeholders are assisted in developing more informed investment and market strategies by the report’s assessment of product portfolios and business segments.

A thorough grasp of the industry dynamics outlined in the report can help develop successful success strategies in the robotic lawn mower market and greatly improve decision-making. All things considered, this report is an excellent source of information for anyone wishing to learn more about this rapidly changing sector.

Key Report Highlights on the Robotic Lawn Mower Market:

  • Market CAGR for the Forecast Period: Provides insights into the Compound Annual Growth Rate (CAGR) of the Robotic Lawn Mower Market from 2024 to 2032.
  • Comprehensive Analysis of Growth Drivers: Offers a detailed evaluation of the key factors driving the growth of the Robotic Lawn Mower Market during the forecast period.
  • Accurate Market Size and Share Estimates: Precise projections on the size and share of the Robotic Lawn Mower Market, underscoring its position within the larger market landscape.
  • Forecasts on Emerging Trends and Consumer Behavior: Predicts future trends and shifts in consumer behavior relevant to the Robotic Lawn Mower Market.
  • Regional Growth Analysis: Examines the growth of the Robotic Lawn Mower Market across key regions, including North America, Asia-Pacific (APAC), Europe, South America, the Middle East, and Africa.
  • Competitive Landscape Overview: Detailed assessment of the competitive environment, offering insights into the key players within the Robotic Lawn Mower Market.
  • Evaluation of Growth Barriers: Analyzes the challenges that may hinder the expansion of suppliers in the Robotic Lawn Mower Market.

Regional Atributes:

  • North America (By Battery Capacity, Application, Sales Channel, and Country)
    • U.S. (By Application)
    • Canada (By Application)
    • Mexico (By Application)
  • Europe (By Battery Capacity, Application, Sales Channel, and Country)
    • U.K. (By Application)
    • Germany (By Application)
    • France (By Application)
    • Italy (By Application)
    • Spain (By Application)
    • Russia (By Application)
    • BENELUX (By Application)
    • Nordics (By Application)
    • Rest of Europe
  • Asia Pacific (By Battery Capacity, Application, Sales Channel, and Country)
    • China (By Application)
    • India (By Application)
    • Japan (By Application)
    • South Korea (By Application)
    • ASEAN Countries (By Application)
    • Australia (By Application)
    • Rest of Asia Pacific
  • Middle East & Africa (By Battery Capacity, Application, Sales Channel, and Country)
    • GCC (By Application)
    • South Africa (By Application)
    • Rest of Middle East & Africa
  • South America (By Battery Capacity, Application, Sales Channel, and Country)
    • Brazil (By Application)
    • Argentina (By Application)
    • Colombia (By Application)
    • Rest of South America

Table of Contents:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments – Merger, Acquisitions, and Partnerships
    • Porter’s Five Forces Analysis
    • SWOT Analysis
    • Technological Developments
    • Value Chain Analysis

TOC Continued…!

Robotic Lawn Mower Market Drivers and restrains:

  • Drivers:
    • Growing Demand for Automation: Increasing interest in automation and smart home technologies drives the adoption of robotic lawn mowers, which offer convenience and reduce the need for manual lawn maintenance.
    • Advancements in Technology: Technological improvements in robotic lawn mowers, such as enhanced navigation systems, battery life, and weather resistance, contribute to market growth by offering better performance and reliability.
    • Focus on Lawn Care Efficiency: The desire for efficient and consistent lawn care solutions encourages homeowners to invest in robotic mowers, which provide precise and automated grass cutting with minimal human intervention.
    • Increased Awareness of Environmental Benefits: Robotic lawn mowers often use eco-friendly technologies and produce lower emissions compared to traditional gas-powered mowers, appealing to environmentally conscious consumers.
    • Urbanization and Limited Outdoor Space: In densely populated urban areas with smaller lawns, robotic mowers offer an efficient solution for maintaining green spaces without requiring significant manual effort.
  • Restraints:
    • High Initial Costs: The relatively high purchase price of robotic lawn mowers compared to traditional models can be a barrier for budget-conscious consumers and limit market adoption.
    • Maintenance and Repair Costs: Although generally low-maintenance, robotic mowers may still require repairs or servicing, which can be costly and impact the overall cost of ownership.
    • Complexity and Learning Curve: The setup and programming of robotic lawn mowers can be complex, posing a challenge for some users and potentially requiring professional installation or assistance.
    • Weather and Terrain Limitations: Robotic mowers may struggle with certain weather conditions or uneven terrain, limiting their effectiveness and functionality in diverse environments.
    • Security Concerns: The potential for theft or damage of expensive robotic mowers can be a concern, especially if they are left unattended in outdoor areas without adequate security measures.

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