Lawn Mowers Market

The Global lawn mowers market size was valued at USD 32.37 Billion in 2023. It is expected to reach USD 48.13 Billion by 2032, exhibiting a CAGR of 7.1 % during the forecast period. This report provides a deep insight into the Preserved Flower Market covering all its essential aspects. This ranges from a macro-overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. 

Lawn Mowers Market

Size, by Product, - (USD Billion)

Ride-On Mower

Push Mower

Robotic Mower

Other Products

The Market will Grow

At the CAGR of:

7.1 %

The Forecast Market

Size for in USD:

$48.13 Billion

Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Companies

Andreas Stihl AG & Co. KG, Deere & Company, Honda Motor Co., Ltd., Husqvarna Group, Koki Holdings Co., Robert Bosch GmbH, Stanley Black & Decker Inc., Stiga S.p.A, Textron., The Toro Company

Lawn Mowers Market Segments

By Type: Ride-On Mower, Push Mower, Robotic Mower

By End User: Residential, Non-residential 

By Fuel Type: Electronic, non-electronic

Lawn Mowers Market

Share, by end user, (USD Billion)

32.37 Billion%

Residential

Non-residential

Other End-Users

48.13 Billion

Total Market Size

USD (Billion),

7.1 %

CAGR

-

Here are some geographies covered in detail

1. North America: Large economies like the United States and Canada are covered in this region.

2 Europe: The European market includes countries such as Germany, UK, France, Italy, Russia, and others.

3. Asia-Pacific: This region includes major economies like China, Japan, India, South Korea, Australia, and others.

4. Latin America: Countries like Brazil, Argentina, Mexico and others are part of this region.

5. Middle East and Africa: This region comprises economies from North Africa, GCC countries, South Africa and others.

6. Eastern Europe: This region includes countries such as Poland, Russia, Ukraine and others.

These geographic markets are analysed in terms of the current scenario, growth outlook, and potential opportunities. The research is conducted by considering various aspects such as economic conditions, government policies, industrial development, competitive landscape, and consumer behaviour in these regions.

Lawn Mowers Market Dynamics 

• Urbanization and urbanization increase the demand for lawn mowers as homeowners and property owners look for tools to maintain lawns and green spaces. Compact, maneuverable models are recommended for smaller yards and urban environments, while larger properties may require more powerful and versatile lawn mowers.
• lawn mowers that offer comfort and ease of use are becoming increasingly popular. Features such as self-propelled adjustable cutting heights, ergonomic design and intuitive controls improve the user experience and productivity.
• Lawnmowers have a limited lifespan and must be replaced or renewed regularly. Manufacturers and retailers benefit from replacement cycles as consumers look for new models with improved features, better performance and lower maintenance requirements.
• Regulatory standards and emission regulations influence product development and market dynamics. Manufacturers must comply with environmental regulations regarding emissions, noise levels and safety standards, which affect product design, production costs and market competitiveness.

• The lawn mower market competes with many manufacturers offering a wide variety of products at different prices and features. Competition drives innovation, quality improvement and pricing strategies aimed at attracting and retaining consumers.

  Lawn Mowers Market

  Size, by Product, - (USD Billion)

  The Market will Grow

  At the CAGR of:

  7.1 %

  The Forecast Market

  Size for in USD:

  $48.13 Billion

  

Lawn Mowers Market Latest Trends

• Growing awareness of environmental issues is driving demand for eco-friendly, electric and battery-powered lawn mowers, reducing reliance on traditional gas-powered models. Consumer preferences for low-maintenance, easy-to-use and durable lawnmowers also play a key role in shaping the market, and manufacturers are focusing on developing products that meet these expectations to gain a competitive edge in the industry. 
• In addition, by working at home, consumers have time to do things like gardening, which paves the way for the growth of the residential lawnmower segment. In addition, as the demand for lawn care has grown, consumer purchasing power has also increased, with households whose disposable incomes have increased.
• In China, demand for lawnmowers is expected to increase above pre-COVID levels in 2022 as the Chinese government pushes to develop eco-urban projects, creating opportunities for future growth. In addition, there is a steady growth of recreational horticulture in China, which is expected to stimulate growth in the coming years. Regardless of consumer preferences or purchasing power patterns, the aesthetic appeal of the home garden and environmental awareness are the main drivers of the market.
• In 2021, the global market reached pre-COVID levels as the demand for battery-operated lawn mowers increased, especially in North America and Europe. However, continued shortage of semiconductors, supply chain disruptions, rising commodity prices and rising oil prices due to the Russia-Ukraine conflict are expected to dampen the market in 2022. Due to these adverse macroeconomic conditions, OEMs and retailers should increase. average selling prices (ASP) of lawn mowers in 2022. This development is likely to be short-lived and is expected to slow down in the second half of 2023

Lawn Mowers Market Recent Development

• In June 2023, Deere and Company announced a partnership with EGO and its parent company, Chevron. Through this partnership, Deere and Company will be able to offer lawn care solutions to their customers by gaining access to EGO's top quality electric lawn mowers. The partnership opens up opportunities for both companies to collaborate on new and innovative battery care equipment. This could involve combining EGO's expertise in battery technology with John Deere's engineering and design expertise.
• In March 2023, Robert Bosch GmbH introduced the Universal Rotek 2x18V-37-550 battery trimmer. It is designed for cleaning large lawn areas of up to 500 m2. The mower uses two 18V batteries to extend the working time, ensuring a perfect lawn cut.

• In February 2023, Deere and Company introduced the Z370R electric Trak zero-turn mower. The lawnmower is launched on the market and is aimed at owners with large yard areas. The mower can be charged without removing the batteries using a 110-volt grounded outlet and a standard outdoor extension cord. The Z370R eliminates the need for gas and oil changes, simplifying maintenance. Charging is done using a standard socket, which eliminates the need for special equipment.

  Lawn Mowers Market TO (USD BN)

  

  CAGR OF

  7.1 %

  Lawn Mowers Market

  

  48.13 Billion%

Lawn Mowers Market Restraints

• Strict environmental regulations regarding emissions and noise levels can affect the design and manufacture of lawn mowers. Manufacturers must invest in technology to meet regulations that can increase production costs and affect prices.
• Alternatives to traditional lawn mowers, such as robotic lawn mowers, hand reel mowers or lawn care services, are creating competition. These options may appeal to consumers looking for eco-friendly options or looking to minimize personal maintenance.
• Rapid advances in technology, especially in battery powered lawn mowers and robotic lawn mowers, are challenging traditional gas models. Consumers are increasingly interested in efficient, low-maintenance solutions that offer ease of use and environmental benefits.
• Lawnmower prices vary widely depending on features, brand, and features. Consumer price sensitivity can limit sales, especially for premium and premium models, as consumers may prioritize affordability over advanced features or brand loyalty.
• Distribution channels of lawn mowers, including retail stores, specialty stores and online platforms, can face problems such as inventory, logistics and seasonality. Effective marketing is critical to meeting consumer demand and optimizing sales. 

Lawn Mowers Market Conclusion

In short, the lawn mower market is characterized by strong growth driven by technological advances, growing environmental awareness and changing consumer preferences for comfort and durability. Innovations in battery and robotic models are shaping the industry and responding to urbanization trends and the demand for efficient lawn care solutions. As manufacturers continue to innovate and meet regulatory standards, the market is poised to expand, offering a variety of options to meet the diverse needs of consumers, from residential to commercial applications.

Frequently Asked Questions (FAQs)

How big is the lawn mowers market?

Ans: The global lawn mowers market size was valued at approximately USD 28 billion in 2020 and is projected to grow significantly in the coming years due to increasing urbanization, technological advancements, and rising consumer demand for efficient lawn care solutions.

What is the lawn mowers market growth?

Ans: The lawn mowers market is growing steadily, fueled by urbanization, technological advancements in electric and robotic models, and increasing consumer demand for efficient and eco-friendly lawn care solutions.

Which segment accounted for the largest lawn mowers market share?

The largest segment in the lawn mowers market typically includes gas-powered lawn mowers, which historically have dominated due to their power and widespread use in both residential and commercial applications.

Who are the key players in the lawn mowers market?

Ans: They are Deere and Company, MTD products, American Honda Motor Co., Inc., Robert Bosch GmbH, STIGA S.p.A., Robomow Friendly House, Husqvarna Group, and AriensCo.

What are the factors driving the lawn mowers market?

Ans: The lawn mowers market is driven by factors such as increasing urbanization, growing demand for efficient lawn care solutions, and technological advancements in electric and robotic models, catering to both residential and commercial users.