Dublin, July 05, 2023 (GLOBE NEWSWIRE) -- The "Push Lawn Mowers Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global push lawn mowers market is set to experience steady growth, with revenues projected to increase from $14.46 billion in 2022 to $15.14 billion in 2023, reflecting a compound annual growth rate (CAGR) of 4.7%. According to this report, the push lawn mowers market is expected to reach $17.69 billion by 2027, growing at a CAGR of 4.0% during the forecast period.
Top Company Coverage: Troy-Bilt, Husqvarna Lawn Mowers, Honda Lawn Mowers, Cub Cadet, The Toro Company, Craftsman, Lawn-Boy Inc, Makita Corporation.
Reasons to Purchase:
- Gain a truly global perspective with comprehensive coverage of 50+ geographies.
- Understand the market's response to the coronavirus pandemic as the impact of the virus abates.
- Assess the impact of the Russia-Ukraine war on agriculture, energy, mineral commodity supply, and its indirect effects on the market.
- Measure the influence of high global inflation on market growth.
- Create effective regional and country strategies based on local data and analysis.
- Identify growth segments for investment and capitalize on emerging opportunities.
- Outperform competitors using forecast data and insights into the drivers and trends shaping the market.
- Understand customer preferences and market shares to enhance decision-making.
- Benchmark performance against key competitors.
- Support internal and external presentations with reliable, high-quality data and analysis.
The push lawn mowers market includes the sales of self-propelled lawn mowers, riding lawn mowers, and zero-turn mowers. Market values represent the goods sold by manufacturers or creators, whether to other entities or directly to end customers, including related services.
Push lawn mowers are manual grass cutting machines operated by pushing, which spin the blades through gears, enabling efficient grass cutting.
Market Segmentation:
- By Device Type: Gas Lawn Mowers, Electric Lawn Mowers.
- By Product Type: Manual, Electric, Petrol, Robotic, Others.
- By Application: Residential, Commercial.
Insights and Trends:
- The Asia-Pacific region dominated the push lawn mowers market in 2022, driven by growing interest in lawn care and gardening activities, particularly during the COVID-19 outbreak.
- The rise in artificial turf usage for residential lawns and sports areas may hinder market growth, as synthetic turf requires less maintenance and offers durability and cost-effectiveness.
- Manufacturers are focusing on improving product efficiency, enhancing power, and increasing runtime to meet consumer demands. For example, Makita U.S.A., Inc. introduced the latest 18V X2 (36V) LXT Brushless Cordless 21' Self-propelled Commercial Lawn Mower (XML09) with extended runtime capability.
- In September 2020, DR Power Equipment, a subsidiary of Generac Holdings Inc., acquired Mean Green Products, LLC to expand their battery-powered solutions in the push lawn mowers market.
The push lawn mowers market report covers Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 175 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $15.14 billion |
| Forecasted Market Value (USD) by 2027 | $17.69 billion |
| Compound Annual Growth Rate | 4.0% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/lw62pk
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