PUBLISHER: SkyQuest | PRODUCT CODE: 1596903
PUBLISHER: SkyQuest | PRODUCT CODE: 1596903
Global Robotic Lawn Mowers Market size was valued at USD 1.33 billion in 2022 and is poised to grow from USD 1.72 billion in 2023 to USD 5.45 billion by 2031, growing at a CAGR of 15.6% during the forecast period (2024-2031).
The rapid advancement of robotics and artificial intelligence (AI) technology has led to the development of more efficient home appliances and reduced human intervention. As global economic levels rise, there has been an increase in the sales of appliances that enhance both aesthetics and user experience. The production of autonomous devices, particularly in the household sector, has been accelerated by the automation trends seen in the commercial industry. The growth of this market is expected to be driven by features such as low-noise operation, sensors, self-charging capabilities, and durability. Technologies like machine learning (ML) and the Internet of Things (IoT) are being used to improve the performance of appliances like robotic lawn mowers. For instance, Bosch integrates both ML and AI in its mowers to identify and navigate obstacles more effectively. The global robotic lawn mower market is expanding due to the increasing adoption of automation in the commercial sector, aimed at reducing operational costs, and the rising popularity of home robots for tasks like cleaning and lawn care. The growing demand for various gardening tools is also fueled by rising spending on landscaping, backyard improvement, and outdoor activities such as cookouts and garden parties, as well as the desire to reduce time spent on lawn maintenance. Additional market drivers include the growth of the construction and tourism sectors and rising disposable incomes worldwide.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Robotic Lawn Mower market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Robotic Lawn Mower Market Segmental Analysis
Global Robotic Lawn Mowers Market is segmented by Product Type, Distribution Channel, Application, and Region. Based on product type, the market is segmented into Fully Autonomous, and Semi-Autonomous. Based on application, the market is segmented into Residential and Commercial. Based on Distribution Channel, the market is segmented into Online and Offline. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Drivers of the Global Robotic Lawn Mower Market
Growing consumer interest in organic gardening and the increasing emphasis on smart tools for efficient gardening practices could boost global sales of automated mowers. For instance, smartphone-controlled robotic lawn mowers account for approximately 50% of the global market share for automated lawn care devices. Additionally, the expanding customer base in various markets, coupled with the strong performance of key players in North America and Europe, further supports the potential for growth in the automated mower sector. This trend reflects the increasing adoption of smart gardening solutions and the growing demand for efficient, sustainable lawn care products.
Restraints in the Global Robotic Lawn Mower Market
Gasoline-powered mowers are often more practical and cost-effective for large commercial turf areas compared to their battery-operated counterparts, as they can cover more ground without the need for charging breaks. The sales potential of battery-operated robotic mowers may face limitations during the forecast period due to their lower power and reduced efficiency on uneven terrains. However, this could change in the coming years, as many robotic mower manufacturers are significantly investing in research and development to improve their products. These innovations aim to enhance the performance and capabilities of battery-powered mowers, potentially increasing their appeal for both residential and commercial use.
Market Trends of the Global Robotic Lawn Mower Market
Leading and established manufacturers in the robotic lawn mower market are focused on developing innovative products across various regions. These companies are making significant investments in research and development (R&D) to drive market growth. As a result of these technological advancements, the global demand for robotic lawn mowers is expected to grow steadily. Numerous companies are exploring growth opportunities within the global market and seeking to expand their presence. For example, the Chinese start-up Segway-Ninebot is looking to enter the market with promising prospects. The company plans to leverage its strong R&D infrastructure to design and promote innovative products. Additionally, Segway-Ninebot aims to advance in the market by utilizing well-established retail systems, enhancing its supply chain management, and improving its control over market operations and international trade. This strategic approach will give the company a competitive edge in the evolving industry.