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Global Robotic Lawn Mower Market growing at a CAGR of 14.9% from 2023 to 2030

Category : Semiconductor And Electronics | Published Date : Jun 2023

Key Market Overview

The robotic lawn mower market is poised for strong expansion and is projected to reach USD 4,614.92 million by 2030. The market was sized at USD 1,572.27 million in 2022 and is predicted to grow at a compound annual growth rate of 14.9% during the period 2023-2030.

The report highlights the increasing adoption of robotic lawn mowers owing to the growing demand of mowers to provide a convenient solution by automating the task of lawn maintenance and eliminating the need for manual mowing. Consegic Business Intelligence provides an inclusive research report on the robotic lawn mower market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.

Global Robotic Lawn Mower Market By Overview

Global Robotic Lawn Mower Market

Consegic Business Intelligence provided an inclusive research report on the robotic lawn mowers market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends. The market is witnessing more than 30V battery capacity segment to register the fastest CAGR in the robotic lawn mower market during the forecast period. Robotic lawn mowers with higher voltage capacities offer more power and performance capabilities to handle larger lawns more efficiently and effectively. The mowers feature stronger motors, improved cutting systems, and enhanced navigation technologies to tackle rough terrain, thicker grass, and complex yard layouts, thus contributing significantly in driving the market growth.

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Market Dynamics

Driver:

 

  • Increasing demand of automation to save time and effort to mow the lawn is driving the growth of the robotic lawn mower market.
  • Consumers' shift toward smart and organic gardening practices is propelling the growth of the robotic lawn mower market.
  • The incorporation of an advanced ultrasonic radar sensor system to detect and avoid obstacles enabling smooth navigation is accelerating the market growth.

 

Restraints:

  • High manufacturing costs associated with a robotic lawn mower is restraining the market growth.
  • Presence of alternatives including gasoline-based manual mowers that offer better manoeuvrability and control with complex terrains is hampering the growth of the robotic lawn mower market.

Market Segmentation:

Report Attributes Report Details
By Battery Capacity Up to 20 V, 20V to 30V, and More than 30V
By Sales Channel Offline and Online
By End-User Residential and Commercial
By Region North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Competitive Landscape :

The landscape for the robotic lawn mower market is highly competitive with major players including ANDREAS STIHL AG & Co. KG, Robert Bosch GmBH, Husqvarna Group, and Bobcat Company that have a strong market position in current market circumstances. Further, the robotic lawn mower market is expected to witness significant growth in coming years owing to the increasing adoption of robotic mowers in the residential sector to automate lawn maintenance tasks. The market players compete for a firm market position through mergers and acquisitions, product innovations, and business strategies. Thus, evolving research and developments in the robotic lawn mower market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various end-use industries.

  • ANDREAS STIHL AG & Co. KG
  • Robert Bosch GmBH
  • Husqvarna Group
  • Globgro AB
  • Hitachi, Ltd.
  • HONDA MOTOR CO., LTD.
  • Positec Germany GmbH
  • Robomow Friendly House
  • STIGA S.p.A.
  • The Toro Co.
  • WIPER S.R.L.
  • WOLF-Garten company
  • Weston Robot Pte Ltd