The Lawn Mowers Market size was USD 31.02 billion in 2022 and is expected to Reach USD 48.70 billion by 2030 and grow at a CAGR of 5.8 % over the forecast period of 2023-2030.
The supply chain disruptions in 2020 led to a slight slowing of market growth, but given the heightened consumer interest in home gardening activity during the forecast period, it will probably be relatively modest. Moreover, households with increased disposable income also boosted consumer spending power and there has been a rise in demand for lawn maintenance.
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Due to higher demand for battery powered lawn mowers, notably in North America and Europe, the global market was brought back to pre-COVID levels by 2021. Nevertheless, the market is projected to decline further in 2022, owing to ongoing supply issues relating to semiconductors, disruption of their supply chain activities, increasing material costs and a rise in oil prices linked to Russia's Ukraine conflict. In 2022, an increase in the average selling prices of lawn tractors is projected by OEM's and dealers as a result of these unfavourable economic conditions. These developments are likely to be short lived and are expected to decrease by H2 2023.
With the demand for technical advanced mowers increasing among consumers seeking convenience, manufacturers will focus their attention on introducing robots over the next few years. GPS, Wi-Fi, and other technologies are making inroads in the lawn mowing business and will keep vendors upkeep market growth over the future. In developed countries, remote operated lawn tractors are also becoming a favourite choice for consumers. The demand for lawn mowers from the wealthy middle classes who take gardening as their hobby is also boosting market growth, in addition to demands for advanced products.
MARKET DYNAMICS
KEY DRIVERS:
The growth of residential areas with lawns and the increased demand for mechanized lawn mowings, to keep a lawn in vicinities, has led to an increase in urban development throughout regions.
RESTRAIN:
In view of continuously changing dynamic relations between countries in the world, trade barriers are a challenge. Consequently, trade in specific products such as lawn mowers is often exposed to the heat of restrictive business practices and tariffs.
OPPORTUNITY:
Automated lawn mowing systems can be assisted by emerging technologies such as artificial intelligence in robots, with enhanced cutting efficiency. In some robotic mowers, functionalities are integrated into applications that enable you to change the setting of your lawn mowing time or schedule its timing and automatic operation using a digital joystick.
CHALLENGES:
The American EPA claims that the new electric lawn mower emits ten times as much pollution in one hour as eleven new cars, which run for an hour each. That's why lawn mowers are bad for the ecosystem.
IMPACT OF RUSSIAN UKRAINE WAR
The war has caused major disruptions to global supply chains, particularly for lawn mowers manufactured in Europe and Asia. This has led to shortages of components and raw materials, such as steel and plastics, which has slowed production and increased lead times for lawn mowers. Global lawn mower sales are expected to decline by 5% in 2023, compared to 2022. The war has also caused energy prices to soar, which has increased the cost of manufacturing lawn mowers. Additionally, the war has led to higher transportation costs, as fuel prices have also increased. These factors have combined to push up the overall cost of producing lawn mowers. European lawn mower sales are expected to decline by 10% in 2023, compared to 2022.
IMPACT OF ONGOING RECESSION
With economic uncertainty and tighter household budgets, consumers may prioritize essential expenses over discretionary purchases like lawn mowers. Consumers may become more price-sensitive, favoring lower-priced lawn mowers or opting for used or refurbished models. Overall, the impact of the recession on the lawn mowers market will depend on the severity and duration of the economic downturn. While some consumers may reduce their lawn care spending,
By Product
Electric
Robotic
Manual
Petrol
Others
By End Use
Resident
Commercial/Government
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REGIONAL ANALYSIS
The lawn mower market was dominated by North America, with a revenue share of 35 % in 2022. The developed markets with strong demand, such as North America and Europe. These regional markets had the largest market shares as a group, exceeding 65% by 2022. In the past few years, houses have been smaller and gardens reduced in Western Europe as a result of increasing urbanization. The United States is known to have about 35 % of homes built with kitchens, and it seems that gardening retains a high popularity in many parts of the country. Furthermore, over 72% of US households have a backyard lawn that supports the use of lawn mowers to keep it in good shape while also opening up growth possibilities for Original Equipment Manufacturers offering lawn maintenance equipment. This trend is expected to encourage demand from lawn mower original equipment manufacturers with an increase in sales.
The Asia Pacific market is set to experience the strongest growth in this forecast period, with particular emphasis on Australia and China. A number of foreign firms have recently entered this region to offer new technology driven robotic mowing and walking behind lawn mowers. In the region, there have been several opportunities for lawn mower producers as a result of an increase in family disposable income and consumer interest in gardening activities in emerging economies.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some major key players in the Lawn Mowers market are Deere & Company, American Honda Motor Co., Inc, Robert Bosch GmbH, Ariens Company, The Toro Company, MTD Products, Briggs Stratton, Robomow Friendly House, Dreametech Technology, Husqvarna Group, and other players.
RECENT DEVELOPMENT
Dreametech Technology, a rapidly growing technology company and the world's largest manufacturer of household cleaning appliances, announces that they have launched their new line of robotic mowing machines.
Honda's unveiling an autonomous ride on a lawn mower. With no drivers on board, this Honda lawn mower uses cloud mapping software to control the grass so it's at the leading edge of automotive technology.
Report Attributes | Details |
---|---|
Market Size in 2022 | US$ 31.02 Billion |
Market Size by 2030 | US$ 48.70 Billion |
CAGR | CAGR of 5.8% From 2023 to 2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Data | 2020-2021 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Product (Electric, Robotic, Manual, Petrol, Others) • By End Use (Resident, Commercial/Government) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | Deere & Company, American Honda Motor Co., Inc, Robert Bosch GmbH, Ariens Company, The Toro Company, MTD Products, Briggs Stratton, Robomow Friendly House, Dreametech Technology, Husqvarna Group |
DRIVERS | • For residential use, there is an increase in demand for lawn mowers. |
RESTRAINTS | • Trade barriers and restrictive policies across the various regions. |
Ans. The Compound Annual Growth rate for Lawn Mowers Market over the forecast period is 5.8%.
Ans. The Lawn Mowers Market size was USD 31.02 billion in 2022 and is expected to Reach USD 48.70 billion by 2030.
Ans. The lawn mower market was dominated by North America, with a revenue share of 35 % in 2022.
Ans. Trade barriers and restrictive policies across the various regions to restrain the market growth.
Ans. For residential use, there is an increase in demand for lawn mowers.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Russia-Ukraine War
4.2 Impact of Ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Lawn Mowers Market Segmentation, by Product
8.1 Electric
8.2 Robotic
8.3 Manual
8.4 Petrol
8.5 Others
9. Lawn Mowers Market Segmentation, by End Use
9.1 Resident
9.2 Commercial/Government
10. Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 North America Lawn Mowers Market by Country
10.2.2North America Lawn Mowers Market by Product
10.2.3 North America Lawn Mowers Market by End Use
10.2.4 USA
10.2.4.1 USA Lawn Mowers Market by Product
10.2.4.2 USA Lawn Mowers Market by End Use
10.2.5 Canada
10.2.5.1 Canada Lawn Mowers Market by Product
10.2.5.2 Canada Lawn Mowers Market by End Use
10.2.6 Mexico
10.2.6.1 Mexico Lawn Mowers Market by Product
10.2.6.2 Mexico Lawn Mowers Market by End Use
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Eastern Europe Lawn Mowers Market by Country
10.3.1.2 Eastern Europe Lawn Mowers Market by Product
10.3.1.3 Eastern Europe Lawn Mowers Market by End Use
10.3.1.4 Poland
10.3.1.4.1 Poland Lawn Mowers Market by Product
10.3.1.4.2 Poland Lawn Mowers Market by End Use
10.3.1.5 Romania
10.3.1.5.1 Romania Lawn Mowers Market by Product
10.3.1.5.2 Romania Lawn Mowers Market by End Use
10.3.1.6 Hungary
10.3.1.6.1 Hungary Lawn Mowers Market by Product
10.3.1.6.2 Hungary Lawn Mowers Market by End Use
10.3.1.7 Turkey
10.3.1.7.1 Turkey Lawn Mowers Market by Product
10.3.1.7.2 Turkey Lawn Mowers Market by End Use
10.3.1.8 Rest of Eastern Europe
10.3.1.8.1 Rest of Eastern Europe Lawn Mowers Market by Product
10.3.1.8.2 Rest of Eastern Europe Lawn Mowers Market by End Use
10.3.2 Western Europe
10.3.2.1 Western Europe Lawn Mowers Market by Country
10.3.2.2 Western Europe Lawn Mowers Market by Product
10.3.2.3 Western Europe Lawn Mowers Market by End Use
10.3.2.4 Germany
10.3.2.4.1 Germany Lawn Mowers Market by Product
10.3.2.4.2 Germany Lawn Mowers Market by End Use
10.3.2.5 France
10.3.2.5.1 France Lawn Mowers Market by Product
10.3.2.5.2 France Lawn Mowers Market by End Use
10.3.2.6 UK
10.3.2.6.1 UK Lawn Mowers Market by Product
10.3.2.6.2 UK Lawn Mowers Market by End Use
10.3.2.7 Italy
10.3.2.7.1 Italy Lawn Mowers Market by Product
10.3.2.7.2 Italy Lawn Mowers Market by End Use
10.3.2.8 Spain
10.3.2.8.1 Spain Lawn Mowers Market by Product
10.3.2.8.2 Spain Lawn Mowers Market by End Use
10.3.2.9 Netherlands
10.3.2.9.1 Netherlands Lawn Mowers Market by Product
10.3.2.9.2 Netherlands Lawn Mowers Market by End Use
10.3.2.10 Switzerland
10.3.2.10.1 Switzerland Lawn Mowers Market by Product
10.3.2.10.2 Switzerland Lawn Mowers Market by End Use
10.3.2.11 Austria
10.3.2.11.1 Austria Lawn Mowers Market by Product
10.3.2.11.2 Austria Lawn Mowers Market by End Use
10.3.2.12 Rest of Western Europe
10.3.2.12.1 Rest of Western Europe Lawn Mowers Market by Product
10.3.2.12.2 Rest of Western Europe Lawn Mowers Market by End Use
10.4 Asia-Pacific
10.4.1 Asia Pacific Lawn Mowers Market by Country
10.4.2 Asia Pacific Lawn Mowers Market by Product
10.4.3 Asia Pacific Lawn Mowers Market by End Use
10.4.4 China
10.4.4.1 China Lawn Mowers Market by Product
10.4.4.2 China Lawn Mowers Market by End Use
10.4.5 India
10.4.5.1 India Lawn Mowers Market by Product
10.4.5.2 India Lawn Mowers Market by End Use
10.4.6 Japan
10.4.6.1 Japan Lawn Mowers Market by Product
10.4.6.2 Japan Lawn Mowers Market by End Use
10.4.7 South Korea
10.4.7.1 South Korea Lawn Mowers Market by Product
10.4.7.2 South Korea Lawn Mowers Market by End Use
10.4.8 Vietnam
10.4.8.1 Vietnam Lawn Mowers Market by Product
10.4.8.2 Vietnam Lawn Mowers Market by End Use
10.4.9 Singapore
10.4.9.1 Singapore Lawn Mowers Market by Product
10.4.9.2 Singapore Lawn Mowers Market by End Use
10.4.10 Australia
10.4.10.1 Australia Lawn Mowers Market by Product
10.4.10.2 Australia Lawn Mowers Market by End Use
10.4.11 Rest of Asia-Pacific
10.4.11.1 Rest of Asia-Pacific Lawn Mowers Market by Product
10.4.11.2 Rest of Asia-Pacific APAC Lawn Mowers Market by End Use
10.5 Middle East & Africa
10.5.1 Middle East
10.5.1.1 Middle East Lawn Mowers Market by Country
10.5.1.2 Middle East Lawn Mowers Market by Product
10.5.1.3 Middle East Lawn Mowers Market by End Use
10.5.1.4 UAE
10.5.1.4.1 UAE Lawn Mowers Market by Product
10.5.1.4.2 UAE Lawn Mowers Market by End Use
10.5.1.5 Egypt
10.5.1.5.1 Egypt Lawn Mowers Market by Product
10.5.1.5.2 Egypt Lawn Mowers Market by End Use
10.5.1.6 Saudi Arabia
10.5.1.6.1 Saudi Arabia Lawn Mowers Market by Product
10.5.1.6.2 Saudi Arabia Lawn Mowers Market by End Use
10.5.1.7 Qatar
10.5.1.7.1 Qatar Lawn Mowers Market by Product
10.5.1.7.2 Qatar Lawn Mowers Market by End Use
10.5.1.8 Rest of Middle East
10.5.1.8.1 Rest of Middle East Lawn Mowers Market by Product
10.5.1.8.2 Rest of Middle East Lawn Mowers Market by End Use
10.5.2 Africa
10.5.2.1 Africa Lawn Mowers Market by Country
10.5.2.2 Africa Lawn Mowers Market by Product
10.5.2.3 Africa Lawn Mowers Market by End Use
10.5.2.4 Nigeria
10.5.2.4.1 Nigeria Lawn Mowers Market by Product
10.5.2.4.2 Nigeria Lawn Mowers Market by End Use
10.5.2.5 South Africa
10.5.2.5.1 South Africa Lawn Mowers Market by Product
10.5.2.5.2 South Africa Lawn Mowers Market by End Use
10.5.2.6 Rest of Africa
10.5.2.6.1 Rest of Africa Lawn Mowers Market by Product
10.5.2.6.2 Rest of Africa Lawn Mowers Market by End Use
10.6 Latin America
10.6.1 Latin America Lawn Mowers Market by Country
10.6.2 Latin America Lawn Mowers Market by Product
10.6.3 Latin America Lawn Mowers Market by End Use
10.6.4 Brazil
10.6.4.1 Brazil Lawn Mowers Market by Product
10.6.4.2 Brazil Africa Lawn Mowers Market by End Use
10.6.5 Argentina
10.6.5.1 Argentina Lawn Mowers Market by Product
10.6.5.2 Argentina Lawn Mowers Market by End Use
10.6.6 Colombia
10.6.6.1 Colombia Lawn Mowers Market by Product
10.6.6.2 Colombia Lawn Mowers Market by End Use
10.6.7 Rest of Latin America
10.6.7.1 Rest of Latin America Lawn Mowers Market by Product
10.6.7.2 Rest of Latin America Lawn Mowers Market by End Use
11. Company Profile
11.1 Deere & Company
11.1.1 Company Overview
11.1.2 Financials
11.1.3 Product/Services Offered
11.1.4 SWOT Analysis
11.1.5 The SNS View
11.2 American Honda Motor Co., Inc
11.2.1 Company Overview
11.2.2 Financials
11.2.3 Product/Services Offered
11.2.4 SWOT Analysis
11.2.5 The SNS View
11.3 Robert Bosch GmbH
11.3.1 Company Overview
11.3.2 Financials
11.3.3 Product/Services Offered
11.3.4 SWOT Analysis
11.3.5 The SNS View
11.4 Ariens Company
11.4 Company Overview
11.4.2 Financials
11.4.3 Product/Services Offered
11.4.4 SWOT Analysis
11.4.5 The SNS View
11.5 The Toro Company
11.5.1 Company Overview
11.5.2 Financials
11.5.3 Product/Services Offered
11.5.4 SWOT Analysis
11.5.5 The SNS View
11.6 MTD Products
11.6.1 Company Overview
11.6.2 Financials
11.6.3 Product/Services Offered
11.6.4 SWOT Analysis
11.6.5 The SNS View
11.7 Briggs Stratton
11.7.1 Company Overview
11.7.2 Financials
11.7.3 Product/Services Offered
11.7.4 SWOT Analysis
11.7.5 The SNS View
11.8 Robomow Friendly House
11.8.1 Company Overview
11.8.2 Financials
11.8.3 Product/Services Offered
11.8.4 SWOT Analysis
11.8.5 The SNS View
11.9 Dreametech Technology
11.9.1 Company Overview
11.9.2 Financials
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.9.5 The SNS View
11.10 Husqvarna Group
11.10.1 Company Overview
11.10.2 Financials
11.10.3 Product/Services Offered
11.10.4 SWOT Analysis
11.10.5 The SNS View
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. USE Cases and Best Practices
14. Conclusion
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