Robotic Lawn Mower Market to reach USD 4,614.92 Million by 2030, emerging at a CAGR of 14.9% and forecast 2023-2030

Jul 2, 2024 - 15:40
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Robotic Lawn Mower Market Overview:

The robotic lawn mower market size is expected to reach USD 4,614.92 million by 2030, growing at a CAGR of over 14.9% during the forecast period (2023-2030).

Robotic lawn mowers offer convenience, reduced noise pollution, and improved efficiency compared to traditional lawn mowers.

Homeowners with medium-sized lawns who value convenience and automation.

Robotic Lawn Mower Market Drivers:

Growing demand for convenience: Busy lifestyles and rising disposable incomes fuel the desire for automated solutions.

Increasing urbanization: Smaller lawns in urban areas are well-suited for robotic mowers.

Environmental concerns: Robotic mowers are quieter and more energy-efficient than traditional gasoline-powered mowers.

Technological advancements: Improved navigation, obstacle avoidance, and smartphone app integration enhance user experience.

Robotic Lawn Mower Market Key Players:

ANDREAS STIHL AG & Co. KG

Robert Bosch GmBH

Husqvarna Group

Globgro AB

Hitachi, Ltd.

HONDA MOTOR CO., LTD.

Positec Germany GmbH

Robomow Friendly House

STIGA S.p.A.

The Toro Co.

WIPER S.R.L.

WOLF-Garten company

Robotic Lawn Mower Market Segmentation:

By Battery Capacity: Up to 20 V, 20V to 30V, and More than 30V

By Sales Channel: Offline and Online

By End-User: Residential and Commercial

By Region: North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Robotic Lawn Mower Market Regional Analysis:

North America: Currently holds the largest robotic lawn mower market share due to high disposable incomes and early adoption of technology.

Europe: Growing market driven by rising awareness of environmental benefits and convenience.

Asia Pacific: Expected to experience the fastest growth due to rapid urbanization and growing middle class.

Latin America and Middle East & Africa: Emerging markets with limited penetration but potential for future growth.

Contact us:

Consegic Business intelligence Pvt Ltd.

Contact no: (US) (505) 715-4344

Email: sales@consegicbusinessintelligence.com

 

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