Lawn Mower Market Booming with Opportunities: $33.6 Billion by 2027

The lawn mower market, by value, is projected to grow to USD 33.6 billion by 2027 from USD 23.5 billion in 2022, at a CAGR of 7.4% from 2022 to 2027. Increasing demand for lawn mowers in residential and commercial purposes accompanied with the popularity of robotic lawn mowers have contributed to the growth in demand for lawn mowers across the globe.

The rising sports activities and golf lawns would drive the institutional demand for lawn mowing machines. Owing to their higher capacity and greater output, the riding lawn mowers or zero-turn mowers are projected to lead the global lawn mower market. Alternatively, the growing convergence of automation and the development of IoT would drive the demand for robotic lawn mowers. The robotic lawn mowers also eliminated the safety issues associated with traditional lawn mowers. With the increase in urban spaces and lawn areas around the residential places, the need for residential lawn mowers would rise and would further fuel the demand for robotic lawn mowers.

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Robotic Lawn Mowers to be the fastest segment, by type.

The increase is construction of new residential properties will increase demand for landscaping services, which will increase the replacement of outdated lawn mowers, resulting in increased demand for robotic lawn mowers, which are among the most recent market trends. The robotic lawn mower market is expected to grow in popularity over the projected period because they are environmentally friendly and require little human intervention. One of the major factors driving demand for robotic lawn mowers across the area, notably in Europe, is the growing convergence of automation and development of IoT, accompanied by avoiding the safety issues connected with traditional lawn mowers. Husqvarna is one of the largest players in the robotic lawn mower segment. Honda (Japan) launched its robotic model, Miimo lawn mower. Robomow (Netherlands) and iRobot Corporation (US) are investing heavily in the R&D of automated solutions for mowing operations. In June 2021, Scythe Robotics (US) introduced a fully autonomous, all-electric commercial mower.

Electric lawn mowers is the fastest-growing segment, by Propulsion Type.

Battery-powered/Electric lawn mowers are efficient as they have the advantage of lower installation and operational costs than conventional internal-combustion engine (ICE) lawn mowers. Electric mowers, including robotic ones, have a low operational noise compared to other available ICE engine options. These mowers do not burn gas, and no harmful emissions are released. Newer versions of electric mowers, such as the CEORA by Husqvarna & Miimo by Honda, have powerful batteries that cater to various lawn sizes with automation features. Thus, the electric lawn mower market is expected to grow with increasing environmental concerns coupled with stringent government regulations, developments in battery driving ranges, and launches of various electric mower models. For instance, in December 2021, California regulators voted to ban the sale of new gas-powered leaf blowers and lawn mowers starting in 2024.

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