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Robotic Lawn Mower Market: Growth, Trends by 2024

Robotic lawn mower market discovers the trends and growth drivers influencing the robotic lawn mower market by 2024.

The latest report published by Fortune business insights with the title “Robotic Lawn Mower Market 2024, Growth Opportunities, and Forecast” provides actionable insights on Machinery & Equipment industry. The report includes demand analysis, industry insights, competitive intelligence, and a customer database. The research report on Robotic Lawn Mower Market provides a comprehensive assessment of the market through strategic insights into future trends, growth factors, supplier landscape, demand landscape, year-on-year growth rate, CAGR, and pricing analysis. It also offers a variety of business matrices such as Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 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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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

Top Companies 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 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.

Reasons to buy this report:

This report provides a detailed analysis of the current market status, trends, growth segments, and competitive dynamics in the robotic lawn mower market. It enables businesses to identify opportunities for growth and development while also highlighting potential challenges and risks. By evaluating business segments and product portfolios, the report enables stakeholders to make more informed market strategies and investments.

A thorough understanding of the industry dynamics outlined in the report can significantly improve decision-making and facilitate the development of effective success strategies in the robotic lawn mower market. Overall, this report is an excellent resource for those seeking in-depth information about this rapidly changing industry.

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…!

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.

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About Us:

Fortune Business Insights is dedicated to providing clients worldwide with a unique combination of qualitative and quantitative market research reports. We assist both international and domestic businesses in optimizing their operations by providing comprehensive market insights and accurate forecasts. Our reports cover all critical aspects of the market, providing valuable insights and projections to clients around the world.

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FAQ’s:

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  • Who are the primary key players identified in this report?
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