PUBLISHER: TechNavio | PRODUCT CODE: 1502409
PUBLISHER: TechNavio | PRODUCT CODE: 1502409
Technavio has been monitoring the electric lawn mower market and is forecast to grow by USD 3607.5 mn during 2023-2028, accelerating at a CAGR of 10.43% during the forecast period. Our report on the electric lawn mower market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of product launches, presence of government initiatives that promote gardening, and increasing gardening and landscaping activities.
Technavio's electric lawn mower market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 8.64% |
CAGR | 10.43% |
Incremental Value | $3607.5mn |
By End-user
By Type
By Geography
This study identifies the automation in lawn care as one of the prime reasons driving the electric lawn mower market growth during the next few years. Also, growing technological advances and increasing strategic alliances will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the electric lawn mower market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric lawn mower market vendors that include ANDREAS STIHL AG and Co. KG, AriensCo, Briggs and Stratton LLC, D and D Motor Systems Inc., Deere and Co., EGO POWER, Emak Spa, Generac Holdings Inc., Greenworks Tools, Honda Motor Co. Ltd., Husqvarna AB, Robert Bosch GmbH, Sharpex Engineering Works, Snow Joe LLC, Stanley Black and Decker Inc., STIGA S.p.A., The Great States Corp., The Toro Co., Techtronic Industries Co. Ltd., and Unison Engg. Industries. Also, the electric lawn mower market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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