Zero Turn Mowers Market to Grow at 5.6% CAGR till 2028;

Pune, India, July 14, 2021 (GLOBE NEWSWIRE) -- The global zero turn mowers market size is projected to reach USD 4.64 billion in 2028, exhibiting a CAGR of 5.6% during the forecast period. The emergence of electric lawn mowers will open a new growth dimension for this market, observes Fortune Business Insights™ in its report, titled “Zero Turn Mowers Market, 2021-2028”. The market size stood at USD 3.02 billion in 2020.

Electric mowers offer a sustainable and fuel-efficient alternative to conventional mowers that require gas to operate. With consumers becoming more environmentally conscious of late, the demand for eco-friendly machines for household activities has risen enormously over the past few years. As a result, the availability of zero turn mowers powered by electricity or battery has grown as well. For example, China-based GreenWorks launched its Greenworks Lithium Z high-end, zero turn electric mower in early 2020, featuring a heavy-duty frame, smooth controls, and a commercial fabricated deck. Similarly, Ryobi Limited, the Japanese equipment manufacturer, has developed the Ryobi 42 Inch Zero Turn Mower. The machine is powered by lead-acid batteries and is fully-electric, having a mowing range of 3 acres with zero emissions. The development and launch of such environmentally viable mowing machines can substantially augment the prospects of this Zero Turn Mowers Market in the foreseeable future.

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COVID-19 Impact:

The COVID-19 pandemic has had catastrophic consequences for the global economy. Lockdowns, social distancing, and trade restrictions have caused unprecedented upheavals across industries, disrupting supply chain networks and pushing down demand for goods and services globally. Governments and private organizations are taking multiple efforts to manage this crisis, but uncertainty and anxiety remain widespread. However, collective strength and unity will help us tide over these hard times. At Fortune Business Insights™, we are constantly endeavoring to provide you with comprehensive research on various markets so as to equip your business with the necessary intelligence to emerge victorious on the other side of this crisis.

Market Segments:

Based on product type, the market is segmented into less than 50 inches, 50-60 inches, and more than 60 inches. By application, the market is classified into residential and commercial. Geographically, the zero turn mowers market share is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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The report provides the following:

Granular analysis of the Zero Turn Mowers Market drivers, trends, and opportunities;
Industry-leading insights into the challenges facing the market;
Careful diagnosis of each market segment; and
Holistic study of the regional developments & the competitive landscape of the Zero Turn Mowers Market.

Driving Factor

Increasing Adoption of Zero Turn Mowers by Landscaping Businesses to Support Market Growth

Landscaping service businesses are witnessing booming demand around the globe owing to the rising number of medium and large commercial properties such as golf courses and sports grounds. The maintenance of such large spaces necessitates the deployment of efficient and comfortable mowing vehicles and manufacturers are meeting this requirement with increasing swiftness. For example, the Z254F zero hydrostatic turn lawn mower by Husqvarna is powered by a Kawasaki engine and has a 54-inch mowing deck, making it the perfect choice for medium-sized commercial landscaping activities. Moreover, its hydrostatic transmission system requires little maintenance and functions smoothly even in cold and damp weather. Similarly, the Snapper 460Z mower, with its all-steel frame, contour-aligned front axle, and heavy-duty, has become the ideal solution for large-scale landscaping projects. Further, the zero turn mowers market growth is also getting stoked by the rising presence of lawn mowers for backyard, small-scale landscaping. For example, Snapper’s 360Z zero turn lawn mower series has a foot-controlled deck and contains a 21.5 HP engine, which is ideal for backyard landscape activities.

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Competitive Landscape

Launch of Novel Mowing Solutions by Key Players to Electrify Market Competition

The competitive milieu of this Zero Turn Mowers Market is getting fired up by the introduction of innovative mowing solutions by prominent market players. These launches are enhancing the brand value of the companies and amplifying their customer reach. Besides this, entry of new players is reshaping the competition dynamics of this market.

Industry Developments:

November 2020: Husqvarna released the Z400XS zero turn mower series, the company’s premium variant of its Z400 series. The new product features enhanced seat suspension and transmission, engine upgrades, and a secondary gas tank.
September 2020: Generac Holdings’ DR Power Equipment announced the successful acquisition of the assets of Mean Green Products, LLC. The takeover will allow DR Power to enter the mowing domain as Mean Green is known for its commercial suite of zero turn and battery-powered turf care equipment.

List of Key Companies Profiled in this Zero Turn Mowers Market Report:

• Lastec (United States)

• Weibang (United States)

• Metalcraft of Mayville Inc. (United States)

• Fiskars (United States)

• Stanley Black & Decker (United States)

• Generac Holdings Inc. (United States)

• Schiller Grounds Care (Bob-Cat) (United States)

• BigDog Mower (United States)

• Bad Boy Mowers (United States)

• Brookfield Property Partners L.P. (STIGA SpA) (United Kingdom)

• Textron Inc. (United States)

• Briggs & Stratton, LLC. (United States)

• MTD Products Inc. (United States)

• The Toro Company (United States)

• Wright (United States)

• Swisher (United States)

• Greenworks Tools (United States)

• Alamo Group (United States)

• Country Clipper (United States)

• Brute manufacturers (United States)

• Black + Decker (United States)

• Bobcat Company (United States)

• American Lawn Mower Co. (United States)

• Altoz (United States)

• Robert Bosch GmbH (Germany)

• Ariens Company (United States)

• Husqvarna Group (Sweden)

• Deere & Company (United States)

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Table Of Content:

Introduction
- Definition, By Segment
- Research Approach
- Sources
Key Takeaways
Market Dynamics
- Macro and Micro Economic Indicators
- Drivers, Restraints, Opportunities and Trends
- Impact of COVID-19
  - Short-term Impact
  - Long-term Impact
Competition Landscape
- Value Chain of Global Zero Turn Mowers Market
- Sales Channel of Global Zero Turn Mowers Market
- Weighted Average Selling Price Trend Analysis
- Business Strategies Adopted by Leading Players
- Consolidated SWOT Analysis of Key Players
- Porter’s Five Forces Analysis
- Global Zero Turn Mowers Market Share Analysis and Matrix, 2020
Key Market Insights/ Summary
Profiles of Key Players (Would be provided for 10 players only)
- Overview
  - Key Management
  - Headquarters etc.
- Offerings/Business Segments
- Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
  - Employee Size
  - Key Financials
    - Past and Current Revenue
    - Geographical Share
- Recent Developments
Annexure / Appendix
- Global Zero Turn Mowers Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2017-2028
  - By Product Type (Value & Volume)
    - Less than 50 Inches
    - 50-60 Inches
    - More than 60 Inches
  - By Application (Value & Volume)
    - Residential
    - Commercial
  - By Region (Value & Volume)
    - North America
    - South America
    - Europe
    - Middle East & Africa
    - Asia Pacific

TOC Continued…!

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