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The market for lawn mowers was valued at USD 31.19 billion in 2022, and from 2023 to 2030, it is projected to expand at a CAGR of 7.0%. Due to supply chain interruptions brought on by COVID-19 in 2020, market growth slightly decreased; nonetheless, throughout the foreseeable term, market growth will be moderate given increased consumer interest in home gardening activities. In addition to supply chain issues, shaky economic conditions caused a brief decline in consumer expenditure, which had an effect on demand in 2020. However, consumers who work from home have more time for leisure pursuits like gardening, which is helping the residential lawn mowers segment grow. In addition, households with more disposable income have more consumer buying power, which is driving up demand for lawn care services.
Due to rising demand for battery-powered lawn mowers, particularly from North America and Europe, the worldwide market recovered to pre-COVID levels in 2021. However, market slowdown in 2022 is anticipated due to persistent concerns about the semiconductor shortage, disruptions in supply chain operations, rising raw material prices, and a spike in oil prices brought on by the conflict in the Russian-Ukrainian region. It is anticipated that OEMs and dealers will raise the average selling prices (ASP) of lawn mowers in 2022 as a result of these unfavourable macroeconomic conditions. These changes are anticipated to end by the second half of 2023 and are most likely to be transient. As the Chinese government pushes for the construction of eco-city project, it is anticipated that in 2022, the demand for lawn mowers in China would surpass pre-COVID levels, opening up opportunities for future growth. Additionally, leisure gardening is growing steadily in China and is expected to support growth over the coming years. The market is primarily driven by aesthetic appeal and eco-awareness for the gardening space within the home, despite shifting consumer tastes or spending patterns.
Vendors will concentrate on releasing robotic mowers over the following few years as consumer demand for technologically advanced mowers grows. Technologies like GPS, Wi-Fi, and others are gaining traction in the lawn mowing industry and will help vendors sustain market expansion going forward. Consumers in developed areas are increasingly choosing remote-controlled lawn mowers. In addition to the need for cutting-edge products, the wealthy middle class's interest in gardening also fuels the expansion of the lawn mower business. The construction of infrastructure projects for public or commercial areas would also be a major factor in boosting the demand for lawn mowers in the commercial sector.
In 2022, the market was dominated by the electric-powered lawn mowers category, which had the highest revenue share of 29.18%. This growth is attributed to the lawn mowers' user-friendliness and high torque to weight ratio, which allow them to cut thick grass. The market segment, which had a sizable share in 2021, is expected to grow steadily from 2023 to 2030, with a CAGR of over 5.4%. Furthermore, thanks to advancements in battery-powered engines that have increased their reliability and efficiency, electric lawn mowers are now among the choices that people use the most frequently.
Report Coverage
Global Lawn Mowers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Lawn Mowers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Lawn Mowers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Lawn Mowers market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Lawn Mowers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Lawn Mowers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
American Honda Motor Co., Inc.; Ariens Company; Briggs Stratton; Deere & Company; Deere & Company; Falcon Garden Tools; Fiskars; Husqvarna Group; MTD Products; Robert Bosch GmbH; Robomow Friendly House; The Toro Company
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Lawn Mowers market based on the below-mentioned segments:
Global Lawn Mowers Market, By Product
Manual
Electric
Petrol
Robotic
Others
Global Lawn Mowers Market, By End User
Residential
Commercial/Government
Global Lawn Mowers market, Regional Analysis
Due to rising demand for battery-powered lawn mowers, particularly from North America and Europe, the worldwide market recovered to pre-COVID levels in 2021. However, market slowdown in 2022 is anticipated due to persistent concerns about the semiconductor shortage, disruptions in supply chain operations, rising raw material prices, and a spike in oil prices brought on by the conflict in the Russian-Ukrainian region. It is anticipated that OEMs and dealers will raise the average selling prices (ASP) of lawn mowers in 2022 as a result of these unfavourable macroeconomic conditions. These changes are anticipated to end by the second half of 2023 and are most likely to be transient. As the Chinese government pushes for the construction of eco-city project, it is anticipated that in 2022, the demand for lawn mowers in China would surpass pre-COVID levels, opening up opportunities for future growth. Additionally, leisure gardening is growing steadily in China and is expected to support growth over the coming years. The market is primarily driven by aesthetic appeal and eco-awareness for the gardening space within the home, despite shifting consumer tastes or spending patterns.
Vendors will concentrate on releasing robotic mowers over the following few years as consumer demand for technologically advanced mowers grows. Technologies like GPS, Wi-Fi, and others are gaining traction in the lawn mowing industry and will help vendors sustain market expansion going forward. Consumers in developed areas are increasingly choosing remote-controlled lawn mowers. In addition to the need for cutting-edge products, the wealthy middle class's interest in gardening also fuels the expansion of the lawn mower business. The construction of infrastructure projects for public or commercial areas would also be a major factor in boosting the demand for lawn mowers in the commercial sector.
In 2022, the market was dominated by the electric-powered lawn mowers category, which had the highest revenue share of 29.18%. This growth is attributed to the lawn mowers' user-friendliness and high torque to weight ratio, which allow them to cut thick grass. The market segment, which had a sizable share in 2021, is expected to grow steadily from 2023 to 2030, with a CAGR of over 5.4%. Furthermore, thanks to advancements in battery-powered engines that have increased their reliability and efficiency, electric lawn mowers are now among the choices that people use the most frequently.
Report Coverage
Global Lawn Mowers research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Lawn Mowers report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Lawn Mowers competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Lawn Mowers market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | American Honda Motor Co., Inc.; Ariens Company; Briggs Stratton; Deere & Company; Deere & Company; Falcon Garden Tools; Fiskars; Husqvarna Group; MTD Products; Robert Bosch GmbH; Robomow Friendly House; The Toro Company |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Lawn Mowers Market from 2021 to 2030.
- Market Forecast for Lawn Mowers Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Lawn Mowers competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Lawn Mowers
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Lawn Mowers market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Lawn Mowers market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
American Honda Motor Co., Inc.; Ariens Company; Briggs Stratton; Deere & Company; Deere & Company; Falcon Garden Tools; Fiskars; Husqvarna Group; MTD Products; Robert Bosch GmbH; Robomow Friendly House; The Toro Company
Primary Target Market
- Market Players of Lawn Mowers
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Lawn Mowers market based on the below-mentioned segments:
Global Lawn Mowers Market, By Product
Manual
Electric
Petrol
Robotic
Others
Global Lawn Mowers Market, By End User
Residential
Commercial/Government
Global Lawn Mowers market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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