Cordless Lawn Mower Market Size, Demand, and Key Players Analysis by 2024

Discover growth opportunities and key players in the Cordless Lawn Mower Market with revenue projections through 2024.

Mahesh November 12, 2024

5 minutes read

The study of the global Cordless Lawn Mower Market is presented in the report, which is a thoroughly researched presentation of the data. The analysis delves into some of the key facets of the global Cordless Lawn Mower Market and shows how drivers like pricing, competition, market dynamics, regional growth, gross margin, and consumption will affect the market’s performance. A thorough analysis of the competitive landscape and in-depth company profiles of the top players in the Cordless Lawn Mower Market are included in the study. It provides a summary of precise market data, including production, revenue, market value, volume, market share, and growth rate.

The best investment markers are insights into the most prominent market trends, which help potential participants make decisions even easier. The research aims to discover the numerous growth chances that readers may take into consideration and take advantage of using all the necessary information. The market growth over the coming years can be predicted with greater accuracy by carefully examining the important growth-influencing aspects including pricing, production, profit margins, and value chain analyses.

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Market Summary:

The global cordless lawn mower market size was valued at USD 2.43 billion in 2021. The market is projected to grow from USD 2.61 billion in 2022 to USD 4.63 billion by 2029, exhibiting a CAGR of 8.5% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with cordless lawn mower experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a growth of 7.0% in 2020 as compared to 2019.

The Cordless Lawn Mower Market has grown significantly due to factors such as increased product demand, an expanding client base, and technological advancements. This report provides a comprehensive overview of the industry, covering market size, trends, key drivers and challenges, competition dynamics, and potential growth opportunities. Recent Industry Developments:

Mammotion launched a new LUBA robot lawn mower for residential users. It is specifically designed for gardening, and landscaping applications. It has features such as more efficient, eco-friendly, and low noise level. It is good for landscaping, and gardening services.
Makita Corporation introduced a new CML01 Self-propelled commercial lawn mower for residential and commercial spaces. It is enabled with 36 V of battery. It has a battery capacity lasting up to 3 hours. It is used for backyard maintenance, and landscaping maintenance.
DR Power Equipment, a subsidiary of Generac Holdings Inc signed an agreement to acquire the assets of Mean Green Products LLC based in the U.S. deals in battery powered lawn mower, and commercial garden turf applications. The acquisition aimed to improve the product portfolio of these systems over diversified locations.
Stihl Group launched a new RMA 765 V cordless lawn mower for professional use. It is designed for landscaping, and gardening applications. It has features such as low noise level, low emission, robust, and low maintenance required for machines. It is suitable for both commercial and residential properties.
Robert Bosch GmbH launched a new robot lawn mower, Indego S+. It is a smart lawn mower, which is connected to the internet. It is also controlled by a voice controller like Amazon Alexa. It is an Artificial Intelligence enabled lawn mower, which can recognize obstacles while mowing the landscaping.

Key Players:

Stanley Black & Decker, Inc (U.S.)
Husqvarna Group (Sweden)
Emak Group (Italy)
Stihl Group (Germany)
The Toro Company (U.S.)
Robert Bosch GmbH (Germany)
Makita Corporation (Japan)
Techtronic Industries Co Ltd (Milwaukee Tools) (Hong Kong)
Stiga S.p.A. (Sweden)
AriensCo (U.S.)

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Market Overview:

Current Market Trends: Analysis of the latest developments shaping the market landscape.
Segmentation Analysis: Breakdown of the market by key segments and regional dynamics.
Pricing Strategy Evaluation: In-depth examination of pricing trends within the industry.
COVID-19 Impact Assessment: Exploration of how the pandemic has affected market behaviors and trends.
Market Projections: Forecasting future market growth and potential shifts.

Key Report Highlights:

Insight into the primary growth drivers and challenges facing the market.
An extensive review of regional advancements and their implications.
A compilation of leading industry players and their market positions.
Strategies employed by significant market participants.
Updates on recent industry movements, including product launches and mergers.
Analysis of factors that may restrict growth and the regional market presence affecting trends beyond 2032.

This market research report is meticulously crafted to deliver a thorough understanding of the industry’s trajectory, equipping businesses with the insights necessary for strategic decision-making. The Cordless Lawn Mower Market Report spans over 130+ pages and includes a detailed table of contents featuring figures, tables, graphs, and comprehensive analysis.

Table of Contents:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
- Drivers
- Restraints
- Opportunities
Key Insights
Industry Developments (Mergers, Acquisitions, Partnerships)
Porter’s Five Forces Analysis
SWOT Analysis
Technological Innovations
Value Chain Analysis
TOC Continued…

This study presents a detailed view of the market landscape, categorized by sub-regions and countries. It identifies potential profit avenues, alongside market share and growth forecasts for each geographical area.

Segmentation of this report:

Cordless Lawn Mower Market Size, Share & COVID-19 Impact Analysis, By Type (Ride On Mower, Walk-behind Mower, and Robotic Lawn Mower), By Battery Capacity (Up to 20 V, 20 V to 30 V, and More than 30 V), By Mower Blade (Cylinder Blade, Standard Blade, Lifting Blade, Mulching Blade, and Others), By End-user (Residential and Commercial), and Regional Forecast, 2022-2029

Cordless Lawn Mower Market Drivers & Restrains:

Driver: Growing Environmental Awareness
Increasing concerns about environmental impact and the desire to reduce carbon footprints drive the demand for cordless lawn mowers, which are more eco-friendly compared to gas-powered models.
Driver: Technological Advancements
Innovations in battery technology, such as longer battery life and faster charging, enhance the performance and appeal of cordless lawn mowers.
Driver: Convenience and Ease of Use
Cordless lawn mowers offer greater maneuverability and ease of use without the constraints of a power cord or the hassle of gasoline refueling, attracting more consumers.
Restraint: High Initial Cost
The higher upfront cost of cordless lawn mowers compared to traditional gas or corded models can be a deterrent for budget-conscious buyers.
Restraint: Limited Runtime
Despite advancements in battery technology, the runtime of cordless lawn mowers can still be limited, which may not be ideal for larger lawns or extended use.

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