Newark, Aug. 07, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 3 billion in 2023 global zero turn mower market will reach USD 6.47 billion in 2033. One kind of land mower that offers exceptional accuracy and manoeuvrability is the zero-turn mower. Its layout makes navigation and control easier. When mowing, it helps the user to manoeuvre through confined and tiny locations. It is powered by petrol. But as new technology emerges, electric versions are becoming more and more popular. Depending on the purpose, it can be less than 50 inches or more than 60 inches. Its ease of usage contributes to its increasing appeal. The modern customer can save time and effort with these mowers because they perform quickly and efficiently and have faster downtime. These find use in both business and residential settings. They let consumers make their outside areas more aesthetically pleasing. In addition to their advanced features and adjustable settings, zero turn mowers are becoming more and more popular. Zero turn mowers are quick, agile, robust, ergonomic, and technologically advanced devices. Everything that goes into making it more and more popular and in demand.
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Key Insight of the Global Zero turn mower Market
North America will dominate the market during the forecast period.
Many people live in urban and suburban regions, where there are parks, gardens, and lawns for homes and businesses that need to be maintained on a regular basis. Private property owners look after their own front and backyards, while public authorities look after public spaces. Professionals are employed by commercial properties as well to preserve their assets. For the purpose of care and upkeep, mowers are necessary for each of these parties. The region's market domination will be fuelled by the varied and strong demand for lawn care from both residential and commercial establishments. The market is further enhanced by the existence of major competitors with sophisticated manufacturing capabilities.
In 2023, the 50-60 inches segment dominated the market with the largest market share of 43% and revenue of 1.29 billion.
The product type segment is divided into less than 50 inches, 50-60 inches, and more than 60 inches. In 2023, the 50-60 inches segment dominated the market with the largest market share of 43% and revenue of 1.29 billion.
In 2023, the less than 25 HP segment dominated the market with the largest market share of 53% and revenue of 1.59 billion.
The horsepower segment is divided into less than 25 HP and more than 25 HP. In 2023, the less than 25 HP segment dominated the market with the largest market share of 53% and revenue of 1.59 billion.
In 2023, the commercial segment dominated the market with the largest market share of 55% and revenue of 1.65 billion.
The application segment is divided into commercial and residential. In 2023, the commercial segment dominated the market with the largest market share of 55% and revenue of 1.65 billion.
Report Scope and Segmentation –
| Report Coverage | Details |
| Forecast Period | 2024-2033 |
| Forecast CAGR | 8% |
| 2033 Value Projection | USD 6.47 Billion |
| Market Size in 2023 | USD 3 Billion |
| Historical Data | 2020-2022 |
| No. of Pages | 238 |
| Report Coverage | Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends |
| Segments Covered | Product Type, Horsepower and Application |
| Regions Covered | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level. |
| Zero Turn Mower Market Growth Drivers | The increasing residential demand to maintain outdoor spaces |
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Advancement in market
With the release of the TITAN Series, Toro introduced its newest product to the zero-turn mower market. This mower is especially made for people who have vast properties to maintain and who need heavy-duty machinery to work well in challenging conditions. The unique Toro-only MyRIDE suspension system, which has customizable settings for maximum comfort and control, is the TITAN's most notable feature. This mechanism ensures a smooth ride over uneven terrain by allowing the user to adjust the suspension to their preferred firmness or softness. The MyRIDE system greatly lowers tiredness by isolating the rider from the machine, allowing for longer periods of discomfort-free work.
Market Dynamics
Driver: The growing need for homeowners to maintain outdoor areas.
There is an increasing need for peaceful suburban residential neighbourhoods with lots of vegetation surrounding homes due to the metropolis' fast urbanisation and congestion. Customers' greater purchasing power due to rising disposable income has made it possible for them to purchase these homes. Furthermore, governments and private stakeholders are being pushed to establish and maintain outdoor green spaces like lawns and gardens due to the growing need for these types of areas to combat pollution, combat climate change, enhance aesthetics, and promote environmental health. Regular mowing, pruning, watering, and other maintenance are necessary for these areas to develop healthily and beautifully. To make their establishments seem more appealing, commercial venues also provide these kinds of spaces. Thus, the growing number of residential structures with outdoor landscaping is responsible for the increase in demand for zero-turn mowers among homeowners.
Restraints: The expensive zero turn mower's initial cost.
Zero turn mowers are highly developed pieces of equipment with pricey, complex parts. Zero-turn mowers' ergonomic characteristics are the result of sophisticated engineering and precision, both of which come at a high cost. New technologies, cutting-edge parts, and robust industrial materials are used to create the engine, cutting-edge characteristics, durability, and operation. The arrival of zero-turn electric lawn mowers is another development as they also retail at a higher end. As a result, the expansion of the market will be hampered by the zero-turn mower's high starting cost.
Opportunities: developments in technology.
The market will expand in tandem with the increasing research and development to enhance the performance and efficiency of zero-turn mowers. For example, the market is growing because of the development of electric or fuel-efficient engines to encourage sustainability. Additionally, electric engines lessen noise pollution, improving both the operator's and the surrounding areas' comfort. Improvements in cutting technology and blades have also made it possible to produce better machines that provide professional-quality results with less effort and time invested. The uses of a zero-turn mower are expanded and improved by user-friendly controls with configurable features. Smoother navigation and more attractive mowing patterns are made possible by the integration of smart technology with increased automation. Similar developments have led to a rise in the use of zero-turn mowers, which will support market expansion throughout the projected period.
Challenges: Maintenance requirements.
The regular operation of zero-turn mower demands regular maintenance. Regular maintenance is important for smooth operation and extended life-cycle. It also ensures that it operates optimally throughout its life-cycle. Maintenance requirements refer to regular oil change, cleaning air filters, repairing and replacing any damaged parts, cleaning, polishing and dusting. Electric vehicles demand regular upkeep of the battery and electric motors. tires also need regular inspection and upkeep. Regular maintenance is also important as it ensure safety of consumers. the need for a space to store the mower is also a concern. Therefore, maintenance requirements will challenge the market’s growth as it takes up significant time, effort and capital of the owner or user.
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Some of the major players operating in the global zero turn mower market are:
• ARIENS
• BigDog Mower Co.
• Briggs & Stratton
• Deere & Company
• Husqvarna Group
• KUBOTA Corporation.
• MTD Products Inc.
• SPARTAN MOWERS
• Swisher Inc.
• The Toro Company
Key Segments covered in the market:
By Product Type
• Less than 50 inches
• 50-60 inches
• More than 60 inches
By Horsepower
• Less than 25 HP
• More than 25 HP
By Application
• Commercial
• Residential
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, France, the UK, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America)
• The Middle East and Africa (UAE, South Africa, Rest of MEA)
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About the report:
The market is analysed based on value (USD Billion). All the segments have been analysed on a worldwide, regional, and country basis. The study includes the analysis of more than 30 countries for each part. The report analyses driving factors, opportunities, restraints, and challenges to gain critical market insight. The study includes Porter's five forces model, attractiveness analysis, Product analysis, supply and demand analysis, competitor position grid analysis, distribution, and marketing channels analysis.
About The Brainy Insights:
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