Lawn Mowers Market Size To Reach USD 48.60 Billion By 2030

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Lawn Mowers Market Growth & Trends

The global lawn mowers market size is expected to reach USD 48.60 billion by 2030, registering a CAGR of 6.0% during the forecast period, according to a new report by Grand View Research, Inc. The industry's growth saw a minor setback in 2020 due to supply shortages brought on by COVID-19, albeit only by a maximum of 1%. The newly established work-from-home model made it possible for many customers to engage in leisure activities like gardening and lawn mowing. The market for lawnmowers regained pre-COVID levels of growth as a result of people shifting money away from vacation and toward home landscaping tasks. However, the prices of lawnmowers are being influenced by factors such as rising labor costs ongoing semiconductor shortages, and materials associated with improved customer comforts, more durable frames, and high-quality mowers, which is limiting the market growth over the forecast period.

Over the forecast period, the market is anticipated to be driven by the growing popularity of autonomous or robotic lawn mowers. As consumers become more tech-savvy, they are choosing electric and robotic mowers over fuel-powered or traditional manual ones. The lawn mower market has, on the whole, been quite stable over the past few years, but the introduction of items like a battery or electric-powered mowers has provided some relief recently. Over the projection period, the demand for innovative products will continue to expand moderately. Consumers are eager to adopt innovative technology that simplifies their lives. As a result, throughout the course of the projected period, the robotic mowers market will increase at a robust compound annual growth rate.

Additionally, the emergence of products with Bluetooth, sensors, and Wi-Fi capabilities, as well as the consumer trends discussed above, will favor the expansion of the market throughout the anticipated period. With the help of these technologies, users can conveniently control the gadget from a distance using a smartphone. Positec Germany GmbH, Robomow, and The Husqvarna Group are a few businesses that sell robotic lawn mowers that are controlled via apps.

Request a free sample copy or view report summary: https://www.grandviewresearch.com/industry-analysis/lawn-mowers-market

Lawn Mowers Market Report Highlights

  • he market has recovered to pre-COVID-19 levels, but as remote working becomes more popular, consumers are anticipated to spend more on home landscaping projects, which will increase demand for lawnmowers
  • By 2030, it is anticipated that the residential lawn mower segment market would exceed USD 30.0 million. Due to customers' increased interest in domestic gardening activities in the wake of the pandemic, segment growth is favorably affected
  • From 2023 to 2030, the robotic lawn mowers market is anticipated to grow at a significant CAGR. This market is gaining momentum in developed regions
  • Over the course of the forecast period, lawnmowers are anticipated to become more prevalent in landscaping projects in commercial locations. Over the projection period, infrastructure expansion will help to drive segment demand
  • The regional demand will grow in North America, led by the United States, and in Europe, led by the United Kingdom. Over the forecast period, demand for visually pleasing landscaping in both residential and commercial environments will encourage segment expansion.

Product Insights

The electric-powered lawn mowers segment dominated the market and accounted for the largest revenue share of 29.18% in 2022. This growth is ascribed to ease of use and high torque to weight ratio, enabling these lawn mowers to cut tall grass. The segment captured a sizeable share in 2021 and is anticipated to register a steady CAGR exceeding 5.4% from 2023 to 2030. Furthermore, these lawn mowers are now one of the most often used alternatives among consumers due to innovation and development in battery-powered engines that have boosted their robustness and efficiency.

Lawn Mowers Market Segmentation

Grand View Research has segmented the global lawn mowers market based on product, product type, propulsion, end-use, and region:

Lawn Mowers Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Manual
  • Electric
  • Petrol
  • Robotic
  • Others

Lawn Mowers Product Type Outlook (Revenue, USD Million, 2018 - 2030)

  • Ride-on Mowers
  • Push Mowers
  • Robotic Mowers

Lawn Mowers Propulsion Outlook (Revenue, USD Million, 2018 - 2030)

  • ICE
  • Electric

Lawn Mowers End-use Outlook (Revenue, USD Million, 2018 - 2030)

  • Residential
  • Professional Landscaping Services
  • Golf Courses
  • Government
  • Others

Regional Insight

North America dominated the lawn mowers market and has the largest revenue share of 35.03% in 2022. Developed markets such as North America and Europe markets with high demand. In 2021, these regional markets held their leading positions in terms of market share, collectively surpassing 60%. Over the last few years, increasing urbanization in Western Europe has made houses smaller, in turn reducing garden size. This trend may become a serious threat to the uptake of lawn mowers in the region. However, the maintenance and development of lawns in commercial buildings will provide some respite to the otherwise challenged lawn mowers industry growth.

Lawn Mowers Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Netherlands
    • Denmark
    • Finland
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Singapore
    • Australia
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • South Africa

List of Key Players in the Lawn Mowers Market 

  • American Honda Motor Co., Inc.
  • Ariens Company
  • Briggs Stratton
  • Deere & Company
  • Falcon Garden Tools
  • Fiskars
  • Husqvarna Group
  • MTD Products
  • Robert Bosch GmbH
  • Robomow Friendly House
  • The Toro Company

Browse Full Report: https://www.grandviewresearch.com/industry-analysis/lawn-mowers-market

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