Lawn Mowers Market Observe Significant Growth Of USD 38.78 Billion By 2025Posted by Neha Bora on February 3rd, 2020 San Francisco, 3 February 2020: The Report Lawn Mowers Market Size, Share & Trends Analysis Report By Product (Petrol, Electric, Manual, Robotic), By End Use (Residential, Commercial & Govt.), By Region (MEA, Asia Pacific, North America), And Segment Forecasts, 2019 – 2025 The global lawn mowers market size is expected to reach USD 38.78 billion by 2025 exhibiting a CAGR of 5.2% from 2019 to 2025, according to a study conducted by Grand View Research, Inc. Rapidly expanding residential construction sector across the globe is spurring the demand for landscaping services, which, in turn, is expected to propel the demand for lawn mowers over the forecast period. In addition, rising popularity of well-kept yards and backyard beautification activities across the globe, predominantly in developed economies, is likely to contribute to the market expansion. Lawn mowers are indispensable machines as they offer great aid and convenience in undertaking a number of gardening activities; thus ensuring superior lawn quality. These factors are likely to drive their demand over the next few years. Furthermore, rising adoption of green roofs, primarily in developed countries, is also one of the key factors propelling market growth. Increasing environmental concerns pertaining to global warming, fuel emissions, and Greenhouse Gases (GHG) have encouraged the usage of green roofs in residential as well as commercial buildings, as these structures absorb UV rays and reduce GHG emissions. Moreover, green roofs impart enhanced shading and cooling effect, thereby reducing the costs associated with cooling indoors. In addition, factors like strong GDP growth along with a notable rise in disposable income levels across developing economies has enabled increased investments in farm houses and bungalows with sizeable gardening areas. This has triggered the demand for gardening tools, such as weeders and mowers, thereby fueling the market growth. However, growing popularity of artificial turf or grass may pose as a major threat to the product. Artificial grass does not require mowing, watering, or fertilizing like natural grass. The convenience and low cost associated with artificial grass are further compelling its increased adoption across residential and commercial spaces. This is expected to hinder the growth of the lawn mowers market. Access Research Report of Lawn Mowers Market @ https://www.grandviewresearch.com/industry-analysis/lawn-mowers-market Further key findings from the study suggest:
Grand View Research has segmented the global lawn mowers market on the basis of product, end use, and region: Lawn Mowers Product Outlook (Revenue, USD Billion, 2014 - 2025)
Lawn Mowers End Use Outlook (Revenue, USD Billion, 2014 - 2025)
Lawn Mowers Regional Outlook (Revenue, USD Billion, 2014 - 2025)
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