Dublin, June 09, 2023 (GLOBE NEWSWIRE) -- The "Robotic Lawn Mower Services Market: Trends, Opportunities and Competitive Analysis 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The future of the robotic lawn mower market looks promising with opportunities in the retail channel and online channel. The global robotic lawn mower market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 12.4% from 2023 to 2028.
The major drivers for this market are increased preference of customers towards usage of organic products in gardening, growing demand of robots on the development of AI technology, and rising focus on the usage of smart tools to promote smart gardening operations globally.
Robotic Lawn Mower Market by Segment
The study includes a forecast for the global robotic lawn mower market by battery capacity, application, sales channel, and region, as follows:
Robotic Lawn Mower Market by Battery Capacity [Value ($B) Shipment Analysis from 2017 to 2028]:
- Up to 20 V
- 20 V to 30 V
- More than 30 V
Robotic Lawn Mower Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
- Residential
- Commercial
Robotic Lawn Mower Market by Sales Channel [Value ($B) Shipment Analysis from 2017 to 2028]:
- Retail Channel
- Online Channel
Robotic Lawn Mower Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Robotic Lawn Mower Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain.
With these strategies robotic lawn mower companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the robotic lawn mower companies profiled in this report include.
- Husqvarna Group
- Robert Bosch
- Deere & Company
- STIGA S.p.A.
- HONDA MOTOR
- Hitachi
- LawnMaster
- The Toro Co.
- Robin Autopilot
Robotic Lawn Mower Market Insights
- The analyst forecasts that residential will remain the larger segment over the forecast period due to rapid urbanization and increasing interest of domestic customers in gardening and landscape care.
- Retail store/offline is expected to remain the largest segment due to the presence of developed and interconnected supply chain by distributors and retailers in the offline sector.
- Europe will remain the largest region due to increasing acceptance of energy-efficient robotic lawnmowers in the region.
Features of the Robotic Lawn Mower Market
- Market Size Estimates: Robotic lawn mower market size estimation in terms of value ($B)
- Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
- Segmentation Analysis: Robotic lawn mower market size by various segments, such as by battery capacity, application, sales channel, and region
- Regional Analysis: Robotic lawn mower market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
- Growth Opportunities: Analysis on growth opportunities in different by battery capacity, application, sales channel, and regions for the robotic lawn mower market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape for the robotic lawn mower market.
- Analysis of competitive intensity of the industry based on Porter's Five Forces model.
This report answers the following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the robotic lawn mower market by battery capacity (Up to 20 V, 20 V to 30 V, and more than 30 V), application (residential and commercial), sales channel (retail channel and online channel), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For more information about this report visit https://www.researchandmarkets.com/r/7ylj9k
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