PUBLISHER: KBV Research | PRODUCT CODE: 1401223
PUBLISHER: KBV Research | PRODUCT CODE: 1401223
The Asia Pacific Robotic Lawn Mowers Market would witness market growth of 12.0% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 354.4 thousand units, showcasing a growth of 11.3% (2019-2022).
The robotic lawn mowers market is subject to dynamic trends that reflect consumers' evolving preferences and advancements in technology. Several notable trends have emerged, influencing the trajectory of this market. A prominent trend is the integration of these mowers with smart home ecosystems. Consumers seek seamless connectivity, allowing them to control and monitor their robotic mowers through smartphone apps or voice-activated assistants. This integration enhances user experience and aligns robotic lawn care with the broader smart home automation trend.
In addition, navigation technology is a key focal point in the evolution of robotic lawn mowers. Advanced GPS systems and sensors enable these devices to map the lawn, avoid obstacles, and precisely navigate complex terrains. Integrating artificial intelligence (AI) algorithms enhances their adaptability to changing conditions, ensuring efficient and optimized mowing patterns. Battery technology is a critical factor in the performance of robotic lawn mowers. Recent trends involve incorporating high-capacity lithium-ion batteries, providing extended operational periods between charges. Manufacturers are also exploring innovative charging solutions, such as solar-powered docking stations, to enhance the sustainability of these devices.
Smart city initiatives in India often emphasize the inclusion of green spaces and sustainable urban planning. These mowers maintain parks, public gardens, and other green areas within smart cities, ensuring these spaces remain well-kept and aesthetically pleasing. As per the data released in 2021 by Invest India, the objective of India's Smart Cities Mission is to develop one hundred cities in accordance with the "smart cities principle"-improving urban infrastructure and services through the use of digital technology. In these 100 smart cities, the Smart Cities Mission identified over 5000 projects with a combined value exceeding $30 billion. Notably, 1,809 projects worth over $4 bn have been completed. Therefore, the growing smart home sector and smart cities initiatives in the Asia Pacific will drive the demand in the regional market.
The China market dominated the Asia Pacific Robotic Lawn Mowers Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $241.5 Million by 2030. The Japan market is showcasing a CAGR of 11.2% during (2023 - 2030). Additionally, The India market would register a CAGR of 12.6% during (2023 - 2030).
Based on Battery Capacity, the market is segmented into 20V to 30V and Up to 20V. Based on End-use, the market is segmented into Residential and Commercial. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Deere & Company, Honda Motor Co. Ltd., Husqvarna Group, Robert Bosch GmbH., Hitachi, Ltd., The Toro Company, MTD Products, Inc. (Stanley Black & Decker, Inc.), LG Electronics, Inc. (LG Corporation), Stiga S.p.A, and Briggs & Stratton, LLC (KPS Capital Partners)
Market Segments covered in the Report:
By Battery Capacity (Volume, Thousand Units, USD billion, 2019-2030)
By End-use (Volume, Thousand Units, USD billion, 2019-2030)
By Distribution Channel (Volume, Thousand Units, USD billion, 2019-2030)
By Country (Volume, Thousand Units, USD billion, 2019-2030)
Companies Profiled
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