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The residential sector occupies a significant portion of the global lawn mowers market owing to the high demand for mowers for maintaining the appearance of lawns and gardens. Moreover, the availability of different kinds of lawn mowers according to the size of lawns and customer convenience provides a positive outlook to the market. Furthermore, the growing remote working model across the world provides individuals sufficient time to engage in gardening and other related activities at home, which is expected to positively influence the market growth in the coming years.
As per the lawn mowers market analysis, North America accounts for a sizeable share of the market owing to the rise in lawn maintenance activities in commercial spaces. Moreover, the popularity of backyard lawns in houses drives the demand for an efficient lawn mower. Ongoing innovations by market players such as increased production of electric mowers as an eco-friendly alternative to gas-powered mowers also boost the scope of lawn mowers in the region.
Additionally, the growing manufacturing of autonomous mowers which are integrated with advanced algorithms and sensors provides growth opportunities to the market.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 27.53 billion.
The market is assessed to grow at a CAGR of 5.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 43.63 billion by 2032.
The major market drivers are growing demand for lawn maintenance, increasing gardening practices, and escalating deployment of professional mower services in commercial settings.
The key trends of the market include growing mulching practices, an increase in the deployment of precision lawn mowers, and a surge in autonomous lawn mowers.
The major regions in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Small, medium, and large are the various sizes of lawn mowers.
The key players in the market are Deere and Company, Honda Motor Co., Ltd., Husqvarna AB, Robert Bosch GmbH, Stanley Black & Decker, Inc. Ariens Company, ANDREAS STIHL AG & Co. KG, Fiskars Finland Oy Ab, The Toro Company, and Greenworks Tools, among others.
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