New York, Jan. 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Robotic Lawn Mower Market – Global Outlook & Forecast 2022-2027” – https://www.reportlinker.com/p05398687/?utm_source =GNW
74 million by 2027 growing at a CAGR of 12.15% over the forecast period.
Growing urbanization and growing interest in developing the visual appeal of gardens by households is driving the growth of the autonomous robot lawn mower market. Lithium-ion technology is particularly gaining importance in lawn machines as they are environmentally friendly, compact, lightweight and eliminate the use of the cord. New emerging technologies in the global robotic lawn mower market include barrier recognition system, lawn mapping and lawn memory. These technologies improve the performance of robotic lawn mowers and increase their efficiency and effectiveness.
• Demand for yard and lawn care services is increasing from non-commercial end-user segment due to increase in disposable income. Hence, the demand for robot lawn mowers is expected to increase significantly from landscaping service providers over the forecast period.
• In many developing economies, the government has undertaken green space expansion projects, which are expected to support market growth.
The following factors are likely to contribute to the growth of the robotic lawn mower market –
• Resolved safety risks of traditional lawn mowers
• Healthy growth of the landscaping industry
• Growth in marketing efforts and promotional activities
• Reduced product operating costs
• Growing demand from golf courses
The study considers a detailed scenario of the current Robotic Lawn Mower market and its market dynamics for the period 2022-2027. It covers a detailed overview of several market growth catalysts, restraints, and trends. The report presents both the demand and supply sides of the market. It profiles and reviews the leading companies and other eminent ones operating in the market.
MARKET SEGMENTS OF ROBOTIC LAWN MOWERS
The robotic lawn mower market is segmented on the basis of-
• Lawn area
• Final user
• Distribution channel
• The size of lawns and green spaces in residential areas remains significantly smaller compared to other end users. Hence, the demand for these lawn mowers remains high in the residential segment. Various existing vendors and new players are launching small size robotic lawn mowers with several technologies to stay competitive in the market.
Market segmentation by lawn area
• Small size
• Medium sized
• Big size
Market segmentation by technology
• Not smart
Market segmentation by end user
• Golf courses and sports arenas
• Professional landscaping services
Market segmentation by distribution channel
• In line
• Europe: Western Europe has a mature market for gardening tools. However, historic cities and those built more compactly, especially in southern and eastern EU states, suffer from a lack of space and greenery. Thus, these cities are accelerating the development of sustainable strategies and incorporating urban green spaces that are expected to increase reliance on lawn care programs.
Market segmentation by geography
• North America
• South Korea
• Latin America
• Middle East and Africa
• Saudi Arabia
• South Africa
• Major players in the robotic lawnmower market are Honda Power Equipment, Husqvarna Group, STIGA SpA, MTD Products, Robert Bosch and Zucchetti Centro Sistemi SPA.
• Honda electrical equipment
• Husqvarna Group
• STIGA SPA
• BAT products
• Zucchetti Center Sistemi SPA
Other Important Suppliers
• Briggs & Stratton
• Deere & Company
• Future GenRobots
• Greenworks tools
• Hangzhou Promotes robotic technology
• I robot
• Alfred Karcher SE & Co. KG
• LG Electronics
• Manufacturing Mamibot United States
• Positec Group
• Stanley Black & Decker
• The Kobi company
• The Toro Company
• Ningbo NGP Industry Co., Ltd.
• SUMEC Hardware & Tools Co., Ltd.
• WIPER SRL
• Yamabiko Europe
• Zhejiang Tianchen Intelligence & Technology Co., Ltd.
• Zipper Maschinen GmbH
• E. Zicom
• Milagrow HumanTech
ANSWERS TO KEY QUESTIONS:
1. What is the market size of robotic lawn mowers?
2. Who are the key players in the global robotic lawn mower market?
3. What segmentations are covered in the Robotic Lawn Mower market report?
4. Which region has the highest share in the robotic lawn mower market?
5. What are the factors driving the robotic lawn mower market?
Read the full report: https://www.reportlinker.com/p05398687/?utm_source=GNW
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