Global Robotic Lawn Mower Market: Analysis & Forecast 2018-2025Posted by Prachiti Sharma on March 6th, 2019 Bharat Book Bureau Provides the Trending Market Research Report on “Global Robotic Lawn Mower Market by End User, Lawn Size, Connectivity Type, Distribution Channel, and Region-Forecast to 2025”under Heavy Industry Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
Global Robotic Lawn Mower Market is projected to grow at a CAGR of 6.6% from USD 2.6 billion in 2018 to USD 5.6 billion by 2025.
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The robotic lawn mower market is projected to grow from USD 533 million to USD 1,262 million by 2025 at a CAGR of 13.10%. Increase in labor cost, safety concerns over traditional lawn mowers, and need for noise-free operation are some of the major factors that will drive the robotic lawn mower market.
Europe is expected to be the largest as well as fastest growing robotic lawn mower market during the forecasted period:
Robotic lawn mower used for residential applications is expected to be the largest market:
Large-sized robotic lawn mower is the fastest growing segment:
The robotic lawn mower market is consolidated and dominated by a few global players. The key players in the market are Husqvarna Group (Sweden), Deere and Company (US), Robert Bosch (Germany), Honda Motor Company (Japan), STIHL Holding and Co. Kg (Germany), Yamabiko Corporation (Japan), LG Electronics (South Korea), The Toro Company (US), Stiga SPA (Italy), The Kobi Company (US), Al-Ko Gardentech (Germany), Zucchetti Centro Sistemi (Italy), WORX (US), MTD (US), Milagrow Business, and Knowledge System (India)
-By Company Type: Tier I - 40%, Tier II - 20%, and OEMs - 40%
Note: **Others includes sales, marketing, and product managers.
*Tier I are system suppliers to OEM, Tier II are component suppliers to Tier I, and OEMs are vehicle manufacturers.
People in Europe have traditionally invested a lot of time in creating and maintaining lawns. However, things are starting to change as a younger and more urban population starts to grow and flat dwelling becomes a standard practice. Those who do choose to keep a lawn and garden are typically a little bit older and rely on landscaping service of professionals which are very limited in Europe. Hence, the demand for robotic lawn mowers is expected to increase further.
The study includes an in-depth competitive analysis of the key players in the robotic lawn mower market, with their company profiles, SWOT analysis of the top 5 companies, recent developments, and key market strategies.
Research Coverage:
This report provides insights with reference to the following points:
-Market Size, by end user category:
-Market Size, by lawn size:
The report provides a market share of the leading players in the robotic lawn mower market.
The report provides competitive leadership mapping that profiles key players as visionary leaders, innovators, dynamic differentiators, and emerging companies.
The report also provides revenue impact section that helps the robotic lawn mower manufacturers understand the key impacting factors in the robotic lawn mower market.
-Market Development:
-Product Development/Innovation:
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