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Lawn Mower Market

Global Lawn Mower Market is expected to foresee significant growth. North America to Hold Dominant Position!

The lawn mower market is expected to register a CAGR of around 7% over the period of 2022-2028. This is primarily due to the rising demand for attractive lawns in gated societies and communities. Homeowners are now more inclined towards spending on lawns and playgrounds in societies. Moreover, these facilities are often considered imperative to the aesthetic value of any property. Further, the rise in dual-income households coupled with lower housing prices in suburbs led to increased investments in big residential spaces with lawns. Thus, this expansion of residential areas with lawns throughout regions has led to a rise in the need for lawn mowers to maintain the lawns around housing societies.

According to the American Community Survey, the number of housing units remained at 139.69 million in 2019, up 1.15 million from 138.54 million in 2018 and 7.90 million from 131.79 million in 2010. The growth of smart cities and green spaces, which is required as a result of urbanization, necessitates the building of new structures and the maintenance of public parks and green spaces.

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Based on type, the lawn mower market is segmented into walk-behind, riding, and robotic. Riding lawn mowers to witness a significant rise in market share during the forecast period. This is mainly due to the increasing application for mowing large-size lawn spaces coupled with the introduction of riding electric lawn mowers by major players in the market. Furthermore, continuous technological advancements and improvements in battery capacity and range have made electric riding mowers increasingly capable of competing with engine-driven models on both performance (power, run time) and price.

Based on the sales channel, the lawn mower market is divided into offline and online. The online segment is expected to witness the highest growth during the forecast period. This is mainly due to the increase in customer presence on digital platforms to drive demand through the online channel. Furthermore, the growing penetration of e-commerce platforms across the world coupled with increasing awareness regarding services offered by these platforms. Furthermore, the growing focus on digitization and rising internet penetration coupled with the strategic alliance of market players with e-retail giants such as Amazon and Alibaba to boost growth.

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For a better understanding of the market adoption of the automotive brake pads industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. North America grabbed the leading market share of the global market in 2020, and it is expected to grow with considerable CAGR during the forecast period owing to the growing working population and expanding middle-class population thus creating demand for advanced and robotic lawn mowers.

Some of the major players operating in the market include Honda Motor Co. Ltd., Deere & Company, Husqvarna Motorcycles GmbH, Toro Co., Stanley Black & Decker Inc., Yamabiko Corporation, Robert Bosch GmbH, Kubota Corporation, STIHL, and Ariens Company.

Global Lawn Mower Market Segmentation

Market Insight, by Type

• Walk-behind
• Riding
• Robotic

Market Insight, by Sales Channel

  • Offline
  • Online

Market Insight, by Propulsion Type

Market Insight, by Region

  • North America
    •  US
    •  Canada
    •  Rest of North America
  • Europe
  • Germany
  • United Kingdom
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • Rest of the World

Top Company Profiles

  • Honda Motor Co. Ltd.
  • Deere & Company
  • Husqvarna Motorcycles GmbH
  • Toro Co.
  • Stanley Black & Decker Inc.
  • Yamabiko Corporation
  • Robert Bosch GmbH
  • Kubota Corporation
  • STIHL
  • Ariens Company

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