Global Robotic Lawn Mower Is Anticipated To Progress Steadily At A CAGR Of Over 11.5% Between 2021-2031

As per Future Market Insights (FMI), robotic lawn mower market is anticipated to progress steadily at a CAGR of over 11.5% between 2021 and 2031. Driven by increasing construction of public gardens, commercial buildings, and landscaping services, the robotic lawn mower market is projected to surpass US$ 737 Mn in 2021. The market exhibited imposing CAGR of over 10.0% between 2016 and 2020. Despite challenges posed by COVID-19 outbreak, robotic lawn mower market projected over 4.0% year-on-year growth between 2021 and 2031.

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Some of the leading robotic lawn mower are focusing on mergers & acquisitions, and partnerships to strengthen their position in market, further enhancing their product portfolio.

For instance, in 2019, Mean Green Products, LLC (Mean Green Mowers), a leader in commercial electric mower manufacturing, collaborated with The Kobi Company, a leading company in robotic solutions to establish a safe, economical, convenient and vast area robotic lawn mower.

Rising inclination towards landscaping services and unavailability of competent labor in the market compelled manufacturers to undertake the route collaboration. These collaborations will help in producing zero emission autonomous mowing machines, coupled with expanding the company’s product portfolio.  Several other companies are focusing on innovations to gain competitive strength.

Key Takeaways of Robotic Lawn Mower Market Study

• In terms of segmental analysis, the sales of robotic lawn mowers are expected to remain concentrated to residential end use; nevertheless, sales in the commercial segment are projected to witness hefty growth over the coming years.
• e-Commerce growth across the globe squarely proliferates a robust outlook for manufacturers to sell their robotic lawn mowers through online channels/retail partners such as Amazon, e-bay, Alibaba, The Home Depot, etc.
• Demand in the Europe-based consumer market has grown rapidly in recent years, and still shows a substantial growth opportunity, as the robotic lawn mower market in the region is far from saturation.
• GPS and Bluetooth-enabled robotic lawn mowers and wireless mobile devices are potential investment options for manufacturers. Multiple voice interaction is also being provided in upcoming connected robotic lawn mowers.

“There is significant potential in the long-run as far as robotic lawn mowers are concerned for lawns in commercial areas, sports fields, hotels, and parks. Thus, companies in the market are positioning themselves to enter the professional/commercial market where requirements for technology and reliability are even higher.

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By Segment:

The global robotic lawn mower market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Working Area

• Small Area (up to 0.4 acre)
• Medium Area (0.4-0.8 acre)
• Large Area (above 0.8 acre)

End Use

• Residential
• Commercial

Sales Channel

• Offline
• Online

Region

• North America
• Latin America and the Middle East & Africa (LAMEA)
• Europe
• South East Asia & Pacific

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Competitive Landscape

The global robotic lawn mower market is significantly consolidated, with a few players holding a prominent share of nearly 50% in the market space. Some of the key players operating in the global robotic lawn mower market are Husqvarna AB, MTD Products, STIGA S.p.A., KYODO CO., LTD., and Robert Bosch GmbH, among others. Moreover, to win over market imponderables and shakeouts, manufacturers such as Husqvarna, MTD, and Honda are expanding their geographic reach to South East Asia & Pacific.