Robotic Lawn Mower Market Provides an in-depth Study of Industry Players, Market Growth to Frame Tactical Business Plans

Rising number of lawns, increased investment in commercial & residential infrastructure development, and advancement in robotic technology are the major factors driving the growth of the global robotic lawn mower market. Lawn mowers are being used across commercial and residential settings across the developed countries for a better part of past century. However, rising awareness regarding the lawn mowers and increased disposable income has fueled the demand for lawn mowers across the emerging countries. Integration of advanced technologies into the lawn mowers have contributed towards the evolution of traditional lawn mowers into robotic lawn mowers. Robotic lawn mower minimizes labor cost, increases operational safety, and reduces noise, hence are being increasingly used across the globe.

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Additionally, declining prices of robotic lawn mowers owing to economy of scale manufacturing process and increased competition in the market is anticipated to drive the growth of the global robotic lawn mower market. It consists of array of sensors, docking station, and actuators that create virtual maps and help the lawn mower to work on the ground without human interventions. The global robotic lawn mower market is anticipated to witness positive single digit growth rate during the forecast period owing to replacement of traditional lawn mowers and rising demand from emerging countries.

Europe contributed the largest share to the global market in 2019 in terms of revenue and volume owing to strong demand from residential applications. Increased number of independent spaces and rising interest in gardening and lawn keeping across major countries is anticipated to contribute towards the growth of Europe robotic lawn mower market during the forecast period. North America contributed a considerable share to the global robotic lawn mower market in 2019 and is anticipated to grow at a steady rate in coming years. Asia Pacific is expected to be the fastest growing segment during the forecast period and is anticipated to dominate global market by the end of forecast period owing to the rising adoption of robotic lawn mowers and presence of leading manufacturers across major countries.

Robotic Lawn Mower Market Share Analysis, by Geography (2019)

The report titled “Robotic Lawn Mower Market – Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is historic period, 2019 is the base year, and 2020 to 2030 is forecast period. Additionally, the study takes into consideration the competitive landscape, wherein the report would provide company overview and market outlook for leading players in the global robotic lawn mower market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the market.

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The global robotic lawn mower market is segmented on the basis of lawn size, connectivity, sales channel, end user, and geography. Based on lawn size, the global robotic lawn mower market is segmented into small-sized lawn, medium-sized lawn, and large-sized lawn. Based on connectivity, the global robotic lawn mower market is segmented into with-connectivity and traditional robotic lawn mower. The with-connectivity segment is further sub-segmented into Bluetooth, Wi-Fi, Zigbee, and others. Based on sales channel, the global robotic lawn mower market is segmented into online and offline. Based on end user, the global robotic lawn mower market is segmented into commercial and residential. Based on geography, the global robotic lawn mower market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The research provides in-depth analysis of prominent players holding majority share of the global market with a focus on all operating business segment and would identify the segment of the company focusing on robotic lawn mower. Further, market share of prominent companies in the global robotic lawn mower market would also be estimated. the study takes into consideration the key competitive information such as business strategy, product portfolio, key development, swot analysis, and research and development focus of all the robotic lawn mower companies.