Bulk of Electric Lawn Mower Market Revenue in North America Contributed by Robotic Ones, Holding Nearly 2/5th Revenue: Fact.MR Report

Demand for Robotic Electric Lawn Mowers Are Likely To Witness Impressive Growth, Albeit From a Small Base, As Manufacturers Focus on Reducing Overall Price on the Back of Technological Innovations


United States, Rockville MD, June 13, 2022 (GLOBE NEWSWIRE) -- A recent report by Fact.MR forecasts the North America market for electric lawn mowers to flourish at a CAGR of 6.7% during the assessment period ranging from 2022-2032. As of 2022, a valuation of over US$ 5 Billion is anticipated for the market. Growth is attributed to the increasing construction of public gardens, commercial buildings, and landscaping services.

From 2017 to 2021, the market experienced a CAGR of 6.5%, closing at a market value of US$ 4.7 Billion. With people confined indoors through the worst phase of COVID-19, interest in recreational gardening and landscaping increased multifold, providing a window of growth opportunities. This interest has sustained in the post-pandemic era, prompting a flurry of innovations with regard to lawn mower design and technology.

For Critical Insights on North America Electric Lawn Mower Market, Request a Sample Report
https://www.factmr.com/connectus/sample?flag=S&rep_id=7402

Electric lawn mowers find enhanced usage in residential areas and golf courses, however, with the growing advancements, they are now being greatly used for professional landscaping purposes as well. Robotic electric lawn mowers are now being perceived owing to their remote controlling services through apps, and are being greatly used for huge lawns.

North America Electric Lawn Mower Historical Market Outlook (2017-2021) vs Growth Forecast (2022-2032)

The advent of GPS-equipped and remote-controlled lawn mowers have made gardening easier. The rise in consumer preferences over gardening activities, such as backyard beautification, landscaping, and backyard cookouts has created opportunities for the lawn mowers market.

To remain in sync with global demand for technological advancement, the manufacturers are focusing on business profitability by developing smart or robotic lawn mowers in the market.

The North American electric lawn mower market has been generating maximum revenue for electric lawn mower manufacturers for the past half-decade. Around 34% of the overall market valuation for electric lawn mowers was generated by North American countries in 2021 which is forecast to surpass a valuation of US$ 9.62 Billion by 2032 end, growing with a 6.7% CAGR.

Electric Lawn Mower business in the U.S is generating around 65.5% market share and is projected to grow with an exciting CAGR of 7.3% during 2022-2032.

To learn more about North America Electric Lawn Mower Market, you can get in touch with our Analyst at https://www.factmr.com/connectus/sample?flag=AE&rep_id=7402

Key Segments Covered in the North America Electric Lawn Mower Industry Survey

  • North America Electric Lawn Mower Market by Product Type :

    • Ride-On Electric Lawn Mowers
      • Standard Ride-on
      • Zero-turn
      • Lawn Mowers
      • Garden Mowers
    • Walk-behind Electric Lawn Mowers
      • Self-propelled
      • Push
      • Hover
    • Robotic Electric Lawn Mowers
  • North America Electric Lawn Mower Market by Mower Blade Type:

    • Cylinder Blades Electric Lawn Mower
    • Mulching Blades Electric Lawn Mower
    • Standard Blades Electric Lawn Mower
    • Lifting Blades Electric Lawn Mower
  • North America Electric Lawn Mower Market by Cord Type :

    • Corded Electric Lawn Mower
    • Cordless Electric Lawn Mower
  • North America Electric Lawn Mower Market by End User :

    • Electric Lawn Mower for Residential Users
    • Electric Lawn Mower for Professional Landscaping Services
    • Electric Lawn Mower for Golf Courses
    • Electric Lawn Mower for Other End Users

Competitive Landscape

Prominent players in the North America electric lawn mowers market are witnessing enhanced competition in the market as the market has seen immense development in terms of innovation and advancement in technology.

  • In March 2021, Bosch developed the Indego S+ robotic lawnmower. With Indego S+ and the Bosch Smart Gardening app, the user gets the opportunity to manage their lawn remotely, either via the app or through voice control using Amazon Alexa.
  • In July 2020, Hitachi completed the merger of its joint venture power business unit with ABB Power Grids, known as Power India to gain momentum in the production of electric lawnmowers.

Get Customization on North America Electric Lawn Mower Market Report for Specific Research Solutions
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7402

Key players in the North America Electric Lawn Mower Market

  • Wharton Hardware and Supply
  • Alaska Pacific Rental, LLC
  • Morrico Equipment LLC
  • Center de Camping d'Amos
  • Progressive Turf Equipment Inc.

Key Takeaways from North America Electric Lawn Mower Market Study

  • North America electric lawn mower market worth to reach US$ 9.62 Billion in 2032
  • By type, robotic electric lawn mowers leads the market, holding a 38% market share in 2022
  • Professional landscaping services to be valued at US$ 6.1 Billion in 2022, growing at 6.8% CAGR by 2032
  • U.S to be the dominant country in the North American landscape, capturing 65.5% of total revenue
  • North America accounted for over 1/3rd of the global electric lawn mower market in 2021

Fact. MR’s Domain Knowledge in Industrial Goods Division

Expert analysis, actionable insights, and strategic recommendations of the highly seasoned industrial goods team at Fact.MR helps clients from across the globe with their unique business intelligence needs.

With a repertoire of over a thousand reports and 1 billion-plus data points, the team has analyzed the industrial goods division across 50+ countries for over a decade. The team provides unmatched end-to-end research and consulting services. Reach out to explore how we can help.

Explore Fact.MR's Coverage on the Industrial Goods Domain-

Control Valve Market- The global control valve industry exceeded a market value of US$ 5 Bn in 2020. Automation in control valves is playing a major role in driving the sales of control valves. In addition, rising demand from end user industries such as the oil & gas industry, healthcare and wastewater management is accelerating the sales of control valves.

Resilient Flooring Market- The global resilient flooring market is poised to grow at nearly 5.6% CAGR, in terms of value until 2026, surpassing US$ 10 Bn by the end of the short-term forecast period. As of 2020, the market was valued at US$ 7.2 Bn, up from US$ 6.1 Bn in 2017.

Light Tower Market- Recent data from Fact.MR states that the market for light towers gained a market revenue of around US$ 1.2 Bn in 2020. Increase in the use of renewable energy resources for the functioning of light towers and the efficiency of light towers at different sights is expected to boost market revenue. The light towers sale is expected to surpass a CAGR of 5% in the forecast period.
Li-Ion Battery Pack Market- The li-ion battery market revenue totalled US$ 57.4 Bn for 2020, according to Fact.MR, a market research and competitive intelligence provider. Li-ion’s quality of being lightweight and the drop in the price for li-ion is driving the sales of the same.

Machine Tools Market- The global market for machine tools is estimated to witness slow growth over the next couple of years attributed to COVID-19 pandemic. The COVID-19 pandemic has had a swift and severe impact on the global machine tools market with significant disruption in imports from China.

Portable Air Compressor Market- The global market for portable air compressors is estimated to grow at a moderate CAGR of over 4% during the forecast period (2019-2027) to reach a valuation of over US$ 8 Bn.

Metal Forging Market- The global metal forging market is expected to register a CAGR of 7% through 2031, reaching US$ 180 Bn. The need for strong and durable forged components will rise as the number of electric cars increases, boosting the market's growth throughout the projected period. Revenues in the automotive segment are expected to comprise 51% of the global market.

Ammunition Market- The global ammunition market was valued at US$ 19.2 Billion in 2021, and is projected to register a Y-o-Y increase of 4.16% in 2022 to be valued at US$ 20 Billion. During the 2022-2032 period of assessment, demand is expected to rise at a 5.7% value CAGR, likely to reach US$ 35 Billion by the end of the said forecast period.

Waterjet Cutting Machine Market- A new forecast by Fact.MR estimates that waterjet cutting machine revenues will expand nearly 1.6x between 2021 and 2031, surpassing US$ 1.5 Bn in 2031 with a 10 year compound annual growth rate (CAGR) of approximately 5%.

Permanent Magnets Market- A new forecast by Fact.MR estimates that permanent magnets revenues will more than double between 2021 and 2031, reaching US$ 78 Bn at a CAGR of 8.5%. The market is poised to gain traction on the back of growing demand from the consumer electronics industry. Furthermore, traction is provided by the smart homes industry, prompting the market to surpass US$ 34 Bn by 2021.

About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
Mahendra Singh
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
Email: sales@factmr.com
Tel: +1 (628) 251-1583
Follow Us: LinkedIn | Twitter