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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Integration of Advanced Technology in Consumer Electronic Devices to Aid the Market Growth of Robotic Lawn Mower
The global market for robotic lawn mower is being driven by constant technological innovations in the field of automation and robotics. The commonality of smart devices as a result of increasing market penetration of artificial intelligence (AI) and the Internet of things (IoT) to aid in smooth operations is boosting the growth of the market. In addition, the ability of robotic lawn mower to function independently without human intervention, and the facility for remote access is furthering the market growth of robotic lawn mowers.
Additionally, with improvements in technology, robotic lawn mowers equipped with silencers that produce minimal to no noise are augmenting the industry growth. Moreover, robotic devices are battery-operated, consume less energy, and adhere to pollution standards; these factors are contributing to the market growth.
Robotic Lawn Mower Market Report Snapshots
Robotic Lawn Mower Market Size
Robotic Lawn Mower Market Growth
Robotic Lawn Mower Market Share
*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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Key Questions Answered in the Report
The global robotic lawn mower market attained a value of nearly USD 1154.65 million in 2023.
The market is projected to grow at a CAGR of 13.1% in the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 3488.69 million by 2032.
The rising disposable income of customers, surging interest in gardening activities, and the growing demand for centralised control to control robotic lawn mowers are the major market drivers.
Technological advancements and innovations and the surging integration of innovative technologies in robotic lawn mowers are the key trends expected to aid the market growth.
The major regional markets for robotic lawn mowers are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The different segments based on ranges of robotic lawn mower considered in the market report include low range, medium range, and high range.
The significant end uses of robotic lawn mowers are residential use and commercial use.
The major distribution channels of robotic lawn mowers are retail and online.
The major players in the market are Hitachi, Ltd., Husqvarna Group, LG Electronics, Robert Bosch GmbH, and BOSSMOW, among others.
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