The Lawn Mowers Global Market Report 2023, provides comprehensive information on the lawn mowers market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Lawn Mowers Global Market Report 2023, the market size is expected to grow from $27.35 billion in 2022 to $29.55 billion in 2023 at a compound annual growth rate (CAGR) of 8.08%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global lawn mowers market size is expected to reach $39.52 billion in 2027 at a CAGR of 7.54%.
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Technological implementation is a key trend gaining popularity in the lawn mowers market. Major companies operating in the lawn mowers market are focused on innovating new products to gain a competitive advantage in the market. For instance, in February 2020, The Toro Company, a US-based manufacturer of lawnmowers, introduced GeoLink Solutions, a new suite of autonomous technologies. GeoLink AS can give exact coverage with GPS control, eliminating the possibility of overlap spraying or missing target areas. It is designed to ensure that the machine makes the optimal pass and employs every nozzle on the spray boom for a faster, more effective spray procedure. Using GeoLink Solutions technology, mowing will be more efficient in terms of time and money. The system operates autonomously by offering an obstacle-avoidance solution.
The lawn mowers market is segmented:
1) By Product: Manual, Electric, Petrol, Robotic, Other Products
2) By Battery Type: Lithium-ion, Lead Acid
3) By Distribution Channel: Online channel, Retail channel
4) By End-user: Residential, Commercial or Government
North America was the largest region in the lawn mowers market in 2022.
The table of contents in TBRC’s lawn mowers market report includes:
1. Executive Summary
2. Lawn Mowers Market Characteristics
3. Lawn Mowers Market Trends And Strategies
4. Lawn Mowers Market – Macro Economic Scenario
5. Lawn Mowers Market Size And Growth
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26. Africa Lawn Mowers Market
27. Lawn Mowers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Lawn Mowers Market
29. Lawn Mowers Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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