THE U.S. COMMERCIAL LAWN MOWER MARKET TRENDS & OPPORTUNITIES
Arizton Advisory & Intelligence
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The U.S. commercial lawn mower market was valued at USD 2.03 billion in 2021 and is expected to reach USD 2.67 billion, growing at a CAGR of 4.67% from 2021–to 2027.
The commercial lawn mower market in the U.S. is one of the largest markets in the world. It accounts for more than 84.36% of the North American?commercial lawn mower market?share. With more than 63,000 square miles of lawn area, more than 16,000 golf courses, and nearly 7,00,000 sports fields, it offers substantial growth potential to the commercial lawn mowers market.
Integrating Lawn Mowers with Technology
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Development of Smart Cities
The increasing popularity of Robotic Lawn Mowers
Southern US: In 2021, the Southern region dominated the U.S. commercial lawn mowers market due to a large population, a large number of golf courses, and high penetration of landscaping companies.
Western U.S.: The western U.S. is observing the highest growth rate at a CAGR of 5.36% (by value) and 4.62% (by volume) during the forecast period due to the increasing migration of the population to the region and rising disposable income which is likely to push the demand for landscaping services from the households.
M.Tech, UPES | Mordor Intelligence | MarkNTel Advisors LLP
2 年The absence of human labour is the key driver in the use of lawn mower. It is in high demand in the developed countries. Artificial Intelligence (AI) & Internet of Things (IoT) are the innovations which are yet to be applied in the mowing industry. It is the fastest growing market in the Asia Oceanic. Lithium-Ion Battery is to be used in the Lawn Mower globally in the forecast period. The trends are that it is to be used for Residential & Commercial Purposes. The opportunities are Robots-As-A-Service (RaaS) Business Model. The use of electric and robotic mower is blatantly in demand.