The new report by Exper Market Research titled, Global Robotic Lawn Mower Market Outlook, Size, Share, Growth, Trends, Price, Report and Forecast 2023-2028, gives an in-depth analysis of the global Robotic Lawn Mower, assessing the market based on its segments like range, end-use, distribution channel, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
The key highlights of the report include:
Market Overview (2018-2028)
• Historical Market Size (2020): USD 796 Million
• Forecast CAGR (2023-2028): 13.2%
• Forecast Market Size (2026): USD 1,658 Million
Advancements in the field of Artificial intelligence (AI), and the internet of things (IoT) are the major factors for the growth of the robotic lawn mower market globally. With the technological advancements, the efficiency and accuracy of the lawn mover are increasing continuously which is providing better smooth operations of the lawnmowers.
Now, the functioning of remote access is becoming a common feature of lawnmowers which is also augmenting the market growth. Moreover, advancements to reduce noise by implementing silencers that produce minimal to no noise are augmenting the industry’s growth.
Robotic Lawn Industry Definition
Robotic lawnmowers are capable to function automatically with minimum human interventions. It is due to the advancement of technology such as AI and IoT with the feature of remote access.
By range, the market is segmented into:
• Low Range
• Medium Range
• High Range
By end-use, the market can be segmented into:
• Residential Use
• Commercial Use
Based on distribution channel, the market is segmented into:
• Retail
• Online
The regional markets for the Global Robotic Lawn Mower Market can be separated into:
Robotic Lawn Market Trends
The residential sector will significantly contribute to the market growth during the forecast period. With the fast-paced lifestyle and growing disposable incomes, considerable growth in automatic consumer electronics has been witnessed.
A similar trend is expected to be observed in the lawnmower industry. Moreover, after the COVID-19 pandemic, people are residing more in their homes and exploring indoor activities like gardening which will positively impact the gardening equipment market in the residential sector.
The focus on gardening activities is increasing as it creates a positive influence on human health. People are keen on keeping their backyards in good shape, and increasing their spending on equipments. Moreover, centralised control of robotic technology via smartphones is thus providing impetus to the market growth of robotic lawnmowers.
Key Market Players
The major players in the market include Hitachi, Ltd., Husqvarna Group, LG Electronics, Robert Bosch GmbH, BOSSMOW, and Others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
About Us :
Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.
EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.
Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.
Media Contact :
Company Name: Claight Corporation
Contact Person: Louis Wane, Corporate Sales Specialist – U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gloud Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com
The global edtech and smart classroom market size was valued at USD 88.82 billion in 2021. The market is projected…
The global fashion accessories market size is likely to witness striking growth in the forthcoming years. The growing attraction towards…
Nutrition in our anatomical bodies needs regulation and balance. They're the source of our growth, metabolism, and development. Nutritionists and…
Star Anise (Badian Khatai), is a flavour that is local to China, and Vietnam, and furthermore, the star anise family…
The most truly effective diet drinks for women consist of what assist to melt away fat in addition to burn…
The latest report titled “Styrene Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an…