Dublin, Oct. 18, 2022 (GLOBE NEWSWIRE) -- The "Global Electric Lawn Mowers Market - Comprehensive Study and Strategic Assessment 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global electric lawn mowers market is expected to grow at a CAGR of 9.18% during 2022-2027.
The growth is attributed to their simplistic nature and eliminating the mess-up involved with fuel usage. Moreover, home improvement building projects are witnessing a significant transition in developed economies. They are anticipated to positively influence battery-powered equipment such as hand-held power tools and lawn mowers. Hence, the adoption of electric lawn mowers is expected to witness rapid growth in the consumer space.
The growing penetration of robotic lawn mowers in the European market and the rising awareness of technology-driven equipment in developing countries are boosting the revenue of robotic lawn mower vendors in the market. It is estimated that the demand for robotic lawn mowers will witness double-digit growth in the global market during the forecast period.
Sustainable purchasing is increasingly gaining momentum among consumers in the lawn mowers market. As a result, the consumer inclination toward equipment that minimizes harmful emissions is gaining momentum, thereby offering substantial growth opportunities to battery-powered lawn mowers in the market. Moreover, electric lawn mowers cause fewer noise levels in the environment. The gasoline lawn mowers, which produce noise levels of over 85 decibels (dB), can result in irreparable hearing damage. Also, the extreme noise causes a lot of disruption to our communities in various work environments and schools. However, the electric lawn mowers that run at 75 decibels are comparatively less harmful.
The government across several countries is also taking initiatives to encourage the adoption of electric lawn mowers in the market. Imposing a ban on the sale of gasoline lawn mowers and offering rebates are some of the initiatives taken by the US government to promote the sale of electric corded and battery-powered lawn mowers in the market.
Key Highlights
- The electric walk-behind lawn mowers are expected to add a revenue of USD 1.3 billion by 2027.
- The revenue from robotic lawn mowers is expected to reach $3.9 billion by 2027 due to the increasing demand for effectiveness & efficiency and the rising labor cost across various European countries
- The application of electric lawn mowers is expected to gain momentum in golf courses & other sports arenas due to the advancements in the battery technology & the development of enhanced ride-on mowers, thereby adding revenue of $371 million from the segment by 2027.
Market GrowthFactors
Rising Gasoline Prices
- The Russia and Ukraine conflict is leading to the continuous rise in gasoline prices across various countries.
- Most developed countries have higher gasoline prices than the developing ones; developed economies are the major exporter of gasoline products. The variation in prices is due to various subsidies and taxes offered and charged by the government. Hence, the constant increase in gasoline prices across different countries drives consumers toward electric lawn mowers.
Growing Inclination Towards Sustainability
- The environmental problems are increasing significantly worldwide due to the rising carbon emissions and climate change. Hence sustainable living is the key to preserving the environment. The growing consumer awareness is substantially driving the usage of electric lawn mowers as these minimize the impact on the environment and promotes healthy surroundings.
- The old two-stroke gasoline engines are highly inefficient and lead to the emission of various air pollutants, including carbon monoxide, hydrocarbons, methane, and ethanol into the environment. Moreover, the rising air pollution problem in developing countries offers substantial growth opportunities to electric lawn mowers in the market.
Key Questions Answered:
1. How big is the global electric lawn mower market?
2. What is the growth rate of the global electric lawn mower market?
3. Who are the key players in the global electric lawn mower market?
4. Which region accounted for the largest share in the electric lawn mower market?
5. Which distribution channel is gaining momentum in the electric lawn mower market?
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.1.3 Market Estimation Caveats
4.2 Base Year
4.3 Scope of the Study
4.4 Market Segmentation
4.4.1 Market Segmentation by Product
4.4.2 Market Segmentation by End-User
4.4.3 Market Segmentation by Power Source
4.4.4 Market Segmentation by Blade Type
4.4.5 Market Segmentation by Drive Type
4.4.6 Market Segmentation by Start Type
4.4.7 Market Segmentation by Distribution Channel
4.5.1 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Premium Insights
7.1 Key Highlights
7.2 Market Growth Factors
7.3 Segmentation Outlook
7.3.1 by Product Type
7.3.2 by Power Source
7.3.3 by End-User
7.3.4 Geographical Outlook
7.4 Vendor Landscape
8 Introduction
8.1 Overview
8.2 History of Lawn Mowers
8.3 Total Cost of Ownership
8.4 Incentives/ Rebates
8.5 Consumer Behavior
8.6 Penetration of Green Areas
8.7 Electric Lawn Mowers Market: Expert Insights
8.8 Us Lawn & Lawn Equipment Insights
8.9 Recent Developments
8.9.1 New Product Launches
8.9.2 Mergers, Acquisitions & Partnerships
8.10 Dynamics of Landscaping Industry
8.11 Value Chain Analysis
8.11.1 Overview
8.11.2 Raw Material & Component Suppliers
8.11.3 Manufacturers
8.11.4 Dealers/Distributors
8.11.5 Retailers
8.11.6 End-Users
8.12 Regulations & Standards
8.13 Impact of Covid-19
9 Market Opportunities & Trends
9.1 Development of Robotic Lawn Mowers
9.2 Increasing Cover of Green Spaces & Green Roofs
9.3 Growth in Landscaping Industry
9.4 Advances in Battery Technology
9.5 Development of Smart Cities
10 Market Growth Enablers
10.1 Growing Demand from Golf Course End-Users
10.2 Increasing Manufacturer-Led Programs & Initiatives
10.3 Growing Inclination Toward Sustainability
10.4 Rising Gasoline Prices
10.5 Lower Maintenance & Operating Cost
11 Market Restraints
11.1 Rise of Drought-Tolerant Landscaping
11.2 Growth of Artificial Grass Usage
11.3 Volatility in Raw Material Prices Affects Vendor Margins
11.4 Increased Competition from Chinese Vendors
11.5 Lower Efficiency Than Gasoline Lawn Mowers
12 Market Landscape
12.1 Market Overview
12.2 Market Size & Forecast
12.2.1 by Value
12.2.2 by Volume
12.3 Market by Geography
12.3.1 Value
12.3.2 Volume
12.4 Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
13 Product
14 Walk-Behind Lawn Mowers
15 Ride-On Mowers
16 Power Source
17 End-User
18 Drive-Type
19 Start Type
20 Blade Type
21 Distribution Channel
22 Geography
23 North America
24 Europe
25 APAC
26 Latin America
27 Middle East & Africa
28 Competitive Landscape
29 Key Company Profiles
29.1 Ariens Company (Ariensco)
29.1.1 Business Overview
29.1.2 Product Offerings
29.1.3 Key Strategies
29.1.4 Key Strengths
29.1.5 Key Opportunities
29.2 Deere & Company
29.2.1 Business Overview
29.2.2 Product Offerings
29.2.3 Key Strategies
29.2.4 Key Strengths
29.2.5 Key Opportunities
29.3 Honda
29.3.1 Business Overview
29.3.2 Product Offerings
29.3.3 Key Strategies
29.3.4 Key Strengths
29.3.5 Key Opportunities
29.4 Husqvarna Group
29.4.1 Business Overview
29.4.2 Product Offerings
29.4.3 Key Strategies
29.4.4 Key Strengths
29.4.5 Key Opportunities
29.5 Robert Bosch
29.5.1 Business Overview
29.5.2 Product Offerings
29.5.3 Key Strategies
29.5.4 Key Strengths
29.5.5 Key Opportunities
29.6 Stanley Black & Decker
29.6.1 Business Overview
29.6.2 Product Offerings
29.6.3 Key Strategies
29.6.4 Key Strengths
29.6.5 Key Opportunities
29.7 Stiga Group
29.7.1 Business Overview
29.7.2 Product Offerings
29.7.3 Key Strategies
29.7.4 Key Strengths
29.7.5 Key Opportunities
29.8 the Toro Company
29.8.1 Business Overview
29.8.2 Product Offerings
29.8.3 Key Strategies
29.8.4 Key Strengths
29.8.5 Key Opportunities
30 Other Prominent Vendors
30.1 Alfred Karcher Se & Co. Kg
30.1.1 Business Overview
30.1.2 Product Offerings
30.2 Al-Ko Gardentech
30.2.1 Business Overview
30.2.2 Product Offerings
30.3 As-Motor
30.3.1 Business Overview
30.3.2 Product Offerings
30.4 Briggs & Stratton
30.4.1 Business Overview
30.4.2 Product Offerings
30.5 Chervon Group
30.5.1 Business Overview
30.5.2 Product Offerings
30.6 Cobra
30.6.1 Business Overview
30.6.2 Product Offerings
30.7 Einhell Germany AG
30.7.1 Business Overview
30.7.2 Product Offerings
30.8 Emak Group
30.8.1 Business Overview
30.8.2 Product Offerings
30.9 E. Zicom.
30.9.1 Business Overview
30.9.2 Product Offerings
30.10 Future Genrobots
30.10.1 Business Overview
30.10.2 Product Offerings
30.11 Generac Power Systems
30.11.1 Business Overview
30.11.2 Product Offerings
30.12 Greenworks Tools
30.12.1 Business Overview
30.12.2 Product Offerings
30.13 Grey Technology (Gtech)
30.13.1 Business Overview
30.13.2 Product Offerings
30.14 Hangzhou Favor Robot Technology Co. Ltd
30.14.1 Business Overview
30.14.2 Product Offerings
30.15 Irobot
30.15.1 Business Overview
30.15.2 Product Offerings
30.16 Lg Electronics
30.16.1 Business Overview
30.16.2 Product Offerings
30.17 Lineatielle S.R.L.
30.17.1 Business Overview
30.17.2 Product Offerings
30.18 Makita
30.18.1 Business Overview
30.18.2 Product Offerings
30.19 Mamibot Manufacturing Usa
30.19.1 Business Overview
30.19.2 Product Offerings
30.20 Masport
30.20.1 Business Overview
30.20.2 Product Offerings
30.21 Metalcraft of Mayville
30.21.1 Business Overview
30.21.2 Product Offerings
30.22 Milagrow Humantech
30.22.1 Business Overview
30.22.2 Product Offerings
30.23 Ningbo Ngp Industry Co. Ltd.
30.23.1 Business Overview
30.23.2 Product Offerings
30.24 Positec Group (Worx)
30.24.1 Business Overview
30.24.2 Product Offerings
30.25 Snow Joe
30.25.1 Business Overview
30.25.2 Product Offerings
30.26 Stihl
30.26.1 Business Overview
30.26.2 Product Offerings
30.27 Sumec Group Corporation
30.27.1 Business Overview
30.27.2 Product Offerings
30.28 Techtronic Industries
30.28.1 Business Overview
30.28.2 Product Offerings
30.29 Textron Inc.
30.29.1 Business Overview
30.29.2 Product Offerings
30.30 the Kobi Company
30.30.1 Business Overview
30.30.2 Product Offerings
30.31 Volta
30.31.1 Business Overview
30.31.2 Product Offerings
30.32 Wiper S.R.L.
30.32.1 Business Overview
30.32.2 Product Offerings
30.33 Yamabiko Europe (Belrobotics)
30.33.1 Business Overview
30.33.2 Product Offerings
30.34 Yangzhou Weibang Garden
30.34.1 Business Overview
30.34.2 Product Offerings
30.35 Zipper Maschinen GmbH
30.35.1 Business Overview
30.35.2 Product Offerings
30.36 Zhejiang Tianchen Intelligence & Technology
30.36.1 Business Overview
30.36.2 Product Offerings
30.37 Zucchetti Centro Sistemi (Zcs)
30.37.1 Business Overview
30.37.2 Product Offerings
31 Report Summary
32 Quantitative Summary
33 Appendix
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