PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1601627
PUBLISHER: Fairfield Market Research | PRODUCT CODE: 1601627
The global ride-on mowers market is on a steady growth trajectory, with revenue projected to increase from US$ 4.17 billion in 2024 to US$ 5.77 billion by 2031, expanding at a CAGR of 4.7%. According to Fairfield Market Research, ride-on mowers currently contribute 25% to 30% of the global gardening tools market. Driven by advanced features and sustainability trends, the market is set to thrive in the coming years.
Market Insights
The global ride-on mowers market is witnessing a surge in demand due to rising awareness about lawn care, adoption of automated gardening tools, and increasing green initiatives worldwide.
Drivers of Market Growth
Business Opportunities
Regional Analysis
Germany remains a key market in Europe, showcasing steady growth due to its strong golfing culture and environmental initiatives. With a significant number of golf courses and a growing focus on sustainability, the demand for ride-on mowers for turf and lawn maintenance continues to rise.
China's market is experiencing robust growth, fueled by urbanization and the increasing development of gardens and parks in both residential and commercial areas. A rising focus on creating greener living spaces presents significant opportunities for ride-on mower manufacturers in the region.
The U.S. market offers lucrative opportunities, driven by widespread gardening practices among homeowners and a growing emphasis on green spaces in commercial developments. Hotels, corporate campuses, and other institutions are increasingly investing in landscaping, contributing to the rising demand for ride-on mowers.
Category Insights
Zero-turn mowers are expected to lead the market due to their efficiency in handling large commercial and industrial spaces. Their superior performance and maneuverability make them a popular choice for various applications.
Hydrostatic ride-on mowers are gaining traction as a preferred option among users. Features such as variable speed control, dynamic braking, and a high power-to-weight ratio contribute to their widespread adoption.
The residential sector is expected to remain dominant, driven by homeowners' increasing preference for hands-free and automated lawn maintenance solutions. Their ease of use and efficiency continue to attract significant demand.
Competitive Analysis
Manufacturers are partnering with logistics firms to ensure swift product delivery, emphasizing quality and durability. Many are also focusing on strategic acquisitions to capture a larger market share and enhance product portfolios.
Ride-on mowers Market Segmentation