Cordless Lawn Mower Market Research Report 2024-2032 | Key Drivers, Restraints, Industry Size & Share, Opportunities, Trends, and Forecasts up to 2032
Discover the latest Cordless Lawn Mower Market research report for 2024. Access comprehensive insights on industry trends, growth factors, competitive landscape, and forecasts. Uncover key opportunities and challenges to stay ahead in the Cordless Lawn Mower Market.
The Cordless Lawn Mower Market is undergoing major development, with substantial growth and technical breakthroughs anticipated by 2032. According to a recent in-depth market research analysis, the industry is positioned for growth, driven by a variety of variables including market size, share, and new trends.
The paper examines evolving market dynamics, major segments, value chains, competitive scenarios, and regional landscapes. This research provides useful information to key players, investors, shareholders, and startups in developing strategies for long-term growth and achieving a competitive advantage in the market.
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Market Scope:
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.
With thorough research and future estimates, this report is an invaluable resource for those wishing to capitalize on growing possibilities and handle difficulties in the Cordless Lawn Mower Market. 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
The Cordless Lawn Mower Market market is undergoing dynamic changes, shaped by emerging trends and evolving market dynamics. Here’s a snapshot of key aspects covered in the analysis:
- Current Market Trends: An in-depth look at the latest developments influencing the industry, highlighting innovations and changing consumer preferences.
- Segmentation Analysis: A detailed breakdown of the market across various segments and regions, providing insights into growth patterns and regional dynamics.
- Pricing Strategy Evaluation: A comprehensive analysis of pricing trends and strategies within the industry, uncovering competitive advantages.
- COVID-19 Impact Assessment: A thorough exploration of the pandemic’s effects on market behaviors, trends, and recovery trajectories.
- Market Projections: Insightful forecasts on market growth, potential shifts, and emerging opportunities up to 2032.
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
Key Report Highlights
This report delves into crucial market insights to support businesses in strategic planning:
- Growth Drivers and Challenges: Identification of primary factors propelling the market forward and challenges that need to be navigated.
- Regional Advancements: Analysis of regional progressions and their broader market implications.
- Leading Industry Players: A curated list of prominent players, highlighting their strategies, market positions, and competitive strengths.
- Strategic Insights: A review of key tactics employed by major participants, including product launches, partnerships, and mergers.
- Growth Barriers: Evaluation of potential limitations to market growth, with a focus on regional factors influencing trends beyond 2032.
Comprehensive and Actionable Insights
This meticulously curated market research report provides businesses with the data and analysis necessary to make informed decisions. Spanning over 130 pages, it includes a detailed table of contents enriched with figures, tables, and graphs to offer a holistic view of the Cordless Lawn Mower Market market’s trajectory.
Whether you’re exploring growth opportunities, evaluating competitors, or refining strategies, this report equips you with the tools to stay ahead in a competitive landscape.
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 offers an in-depth analysis of the market landscape, organized by sub-regions and countries. It highlights potential profit opportunities, along with market share and growth projections for each geographic area.
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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