Robotic Lawn Mower Market: Growth Prospects, Revenue Trends, and Key Drivers by 2024

The Robotic Lawn Mower Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2032. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.

This comprehensive report provides key insights into the Robotic Lawn Mower Market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry’s trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market’s strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.

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Market Summary:

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.

Recent industry developments are;

• 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.

Browse Detailed TOC, Tables and Figures with Charts which is spread across 100+ Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.

Major Players:

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:

By Battery Capacity

• Up to 20 V
• 20 V to 30 V
• More than 30 V

By Application

• Residential
• Commercial

By Sales Channel

• Retail Store/Offline
• Online Websites

Reasons to purchase this report:

This report offers a detailed analysis of the competitive landscape, emerging growth areas, market conditions, and key trends within the Robotic Lawn Mower Market. It helps businesses identify expansion opportunities while addressing potential risks and challenges. By assessing product portfolios and business segments, the report provides valuable insights that guide stakeholders in formulating informed investment and market strategies.

The in-depth understanding of industry dynamics presented in the report supports the creation of effective strategies for success in the Robotic Lawn Mower Market, greatly enhancing decision-making. Overall, this report is an essential resource for those looking to stay updated in this rapidly evolving industry.

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Drivers & Restraints:

• Drivers:
  • Increasing consumer interest in automation and smart gardening solutions driving the adoption of robotic lawn mowers for convenience and efficiency.
  • Technological advancements in navigation, battery life, and mowing capabilities enhancing the performance and appeal of robotic lawn mowers.
• Restraints:
  • High initial purchase costs compared to traditional lawn mowers may deter budget-conscious consumers from investing in robotic options.
  • Concerns over reliability, effectiveness on uneven terrain, and limitations in handling larger lawns may limit market growth.

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 Regional Segmentation:

• 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

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