Worldwide Robotic Lawn Mowers Industry to 2025 - Prominent Vendors Include MTD Products, Robert Bosch & STIGA Among Others
DUBLIN, July 9, 2020 /PRNewswire/ -- The "Robotic Lawn Mowers Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The robotic lawn mower market by revenue is expected to grow at a CAGR of over 12% during the period 2019-2025.
The global robotic lawn mower market size is expected to reach revenue of $1.3 billion in 2020, growing at a CAGR of over 12% during the period 2019-2025. The YOY growth of robotic lawnmowers will be in the double-digit due to the high demand from Europe, North America, and APAC, coupled with the rise in awareness of these devices in developing countries. The market demand will be fueled by the growth of the residential sector in these regions. The US and the UK incline to improve an aesthetic appeal through landscaping. Therefore, the demand for professional landscaping services is growing. As robotic lawnmowers appropriately appeal to a more niche target audience, the market has witnessed growth to pre-recessionary levels. In developed countries, the increase in the construction industry will contribute to the demand for robotic lawnmowers.
The global supply chain of garden products, finished goods, parts, and accessories has been facing disruptions owing to the ongoing COVID-19 pandemic. OEMs depend on a complex global supply chain, which is mostly centered around China. Although garden product manufacturers keep sufficient inventories of lawnmowers and related accessories, and markets such as the US are witnessing stable demand in garden machinery despite the pandemic, the overall impact of COVID-19 on the robotic lawn mower market remains low.
The following factors are likely to contribute to the growth of the robotic lawn mower market during the forecast period:
- Growing Convergence of Consumer Electronics & IoT
- Increased Adoption of Green Spaces & Green Roofs
- Resolution of Safety Hazards of Traditional Lawn Mowers
- Growing Marketing Efforts and Promotional Activities
The study considers the present scenario of the robotic lawn mower market and its market dynamics for the period 20192025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Insights by Geography
The European robotic lawn mower market is expected to reach $1.7 billion by 2025. The presence of several large and small-sized companies in the landscaping industry for construction and the design of landscaping maintenance equipment will offer stronger competition among the players. Europe, which is considered as one of the largest and leading in the gardening equipment segment, is mainly expected to be driven by commercial end-users that are profoundly increasing the usage of these machines in their respective businesses. Companies are expected to use robust ground management equipment, increasing the need for landscaping services in the area. A growing number of commercial spaces, with the number of public parks and lawn areas, is also boosting the demand for robotic lawn equipment in the region.
Insights by Vendors
The global robotic lawn mower market share is moderately fragmented with many local and international players. The competition among these players is intense. The rapidly changing technological environment could adversely affect vendors as customers expect continual innovations and upgrades in technical garden equipment such as robotic lawnmowers. The present scenario is forcing vendors to alter and refine their unique value proposition to achieve a strong market presence. Husqvarna, MTD Products, Robert Bosch, STIGA, and ZCS are the key leading vendors. The competition among these key players is intense, with the leading 50 companies account for 90% of the share.
Prominent Vendors
- Honda Motor Company
- Husqvarna /li>
- MTD Products
- Robert Bosch
- STIGA
- ZCS
Other Prominent Vendors
- AL-KO
- Alfred Krcher
- Deere & Co.
- ZICOM
- Future Gen Robotics
- Hangzhou Favor Robot Technology
- Hitachi
- iRobot
- Linea Tielle
- LG
- Milagrow HumanTech
- Mamibot
- Ningbo NGP Industry
- Positec Tool (WORX)
- STIHL
- The SUMEC Corp. (Yard Force)
- The Kobi Company
- Turflynx
- Wiper Ecorobt (NIKO)
- Yamabiko Europe (Belrobotics)
- Zhejiang Tianchen Intelligence & Technology
- ZIPPER Maschinen
- Volta
Key Questions Answered
- What is the robotic lawn mower market size and growth rate during the forecast period?
- What are the factors impacting the growth of the residential robotic lawn mower market?
- What is a smart robotic lawn mower? How is it impacting the market in the European region?
- Who are the leading vendors in the robotic lawn mower market, and what are their market shares?
- What is the impact of the COVID-19 pandemic on the robotic lawn mower market?
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage 4.1 Market Definition 4.2 Base Year 4.3 Scope of The Study
5 Report Assumptions & Caveats 5.1 Key Caveats 5.2 Currency Conversion 5.3 Market Derivation
6 Market at a Glance
7 Introduction 7.1 Overview 7.2 Dynamics of Landscaping Industry 7.3 Dawn of Robotic Lawn Mower 7.4 Alternate Spaces & Community Creation
8 Impact of Covid-19 8.1 Overview 8.1 Covid-19 Impact on Global Trade
9 Market Opportunities & Trends 9.1 Growing Convergence of Consumer Electronics & IOT 9.2 Internet Shaping End-users' Purchasing Behavior 9.3 Increased Adoption of Green Spaces & Green Roofs
10 Market Growth Enablers 10.1 Resolution of Safety Hazards of Traditional Lawn Mowers 10.2 Healthy Growth of Landscaping Industry 10.3 Growing Marketing Efforts and Promotional Activities 10.4 Development of Sustainable Cities
11 Market Restraints 11.1 Increased Competition from Chinese Vendors 11.2 Volatility in Raw Material Prices Affecting Vendor Margins 11.3 Rise of Drought-Tolerant Landscaping and High Adoption of Artificial Grass 11.4 Increasing Protectionist Directives and Measures
12 Value Chain Analysis 12.1 Overview 12.2 Value Chain Analysis
13 Garden Equipment Market Landscape 13.1 Global Garden Equipment Market 13.2 Global Lawn Mower Market
14 Global Robotic Lawn Mower Market 14.1 Historic Data 20132018 14.2 Market Size & Forecast 20192025 14.3 Five Forces Analysis
15 End-users 15.1 Market Snapshot & Growth Engine - Revenue 15.2 Market Snapshot & Growth Engine -Unit Shipments 15.3 Market Overview 15.4 Residential Users 15.5 Professional Landscaping Services 15.6 Golf Courses & Others
16 Lawn Type 16.1 Market Snapshot & Growth Engine - Revenue 16.2 Market Snapshot & Growth Engine - Unit Shipment 16.3 Market Overview 16.4 Small-Sized Lawns 16.5 Medium-Sized Lawns 16.6 Large-Sized Lawns
17 Technology 17.1 Market Snapshot & Growth Engine - Revenue 17.2 Market Snapshot & Growth Engine - Unit Shipment 17.3 Market Overview 17.4 Non-Smart Robotic Lawn Mowers 17.5 Smart Robotic Lawn Mowers
18 Distribution Channel 18.1 Market Overview 18.2 Manufacturing, Production, & Distribution 18.3 Distribution Through Retail Stores 18.4 Distribution Through Online Websites
19 Geography 19.1 Market Snapshot & Growth Engine - Revenue 19.2 Market Snapshot & Growth Engine - Unit Shipment 19.3 Geographic Overview
20 Europe 20.1 Historic Data 20132018 20.2 Market Size & Forecast 20192025 20.3 Market by Lawn Type 20.4 Market by End-User 20.5 Market by Technology 20.6 Market by Country 20.7 Key Countries 20.8 Germany 20.9 Sweden 20.10 France 20.11 Italy 20.12 Belgium 20.13 Switzerland 20.14 Netherlands 20.15 Austria 20.16 Spain 20.17 UK 20.18 Leading Trend, Enabler, & Restraint
21 North America 21.1 Historic Data 20132018 21.2 Market Size & Forecast 20192025 21.3 Market by Lawn Type 21.4 Market by End-User 21.5 Market by Technology 21.6 Market by Country 21.7 Key Countries 21.8 US 21.9 Canada 21.10 Leading Trend, Enabler, & Restraint
22 APAC 22.1 Historic Data 20132018 22.2 Market Size & Forecast 20192025 22.3 Market by Lawn Type 22.4 Market by End-User 22.5 Market by Technology 22.6 Market by Country 22.7 Key Countries 22.8 China 22.9 Australia 22.1 Japan 22.11 South Korea
23 Latin America 23.1 Historic Data 20132018 23.2 Market Size & Forecast 20192025 23.3 Market by Lawn Type 23.4 Market by End-User 23.5 Market by Technology 23.6 Market by Country 23.7 Key Countries 23.8 Brazil 23.9 Mexico 23.1 Leading Trend, Enabler, And Restraint
24 Middle East & Africa 24.1 Historic Data 20132018 24.2 Market Size & Forecast 20192025 24.3 Market by Lawn Type 24.4 Market by End-User 24.5 Market by Technology 24.6 Market by Country 24.7 Key Countries 24.8 Saudi Arabia 24.9 UAE 24.1 South Africa
25 Competitive Landscape 25.1 Competition Overview 25.2 Market Structure and Mapping Of Competition 25.3 Market Vendor Share Analysis
26 Key Company Profiles 26.1 Honda Power Equipment 26.2 Husqvarna 26.3 MTD Products 26.4 Robert Bosch 26.5 Stiga 26.6 ZCS
27 Other Prominent Vendors 27.1 Al-Ko 27.2 Alfred Krcher 27.3 Deere & Co 27.4 E.Zicom 27.5 Future Gen Robotics 27.6 Hangzhou Favor Robot Technology 27.7 Hitachi 27.8 Irobot 27.9 Linea Tielle 27.1 LG 27.11 Milagrow Humantech 27.12 Mamibot 27.13 Ningbo Ngp Industry 27.14 Positec Tool (Worx) 27.15 Stihl 27.16 Sumec (Yard Force) 27.17 The Kobi Company 27.18 Turflynx 27.19 Wiper Ecorobt By Niko 27.2 Yamabiko Europe (Belrobotics) 27.21 Zhejiang Tianchen Intelligence & Technology 27.22 Zipper Maschinen 27.23 Volta
28 Report Summary 28.1 Key Takeaways 28.2 Strategic Recommendations
29 Quantitative Summary 29.1 Global Market 29.2 Europe 29.3 North America 29.4 APAC 29.5 Latin America 29.6 Middle East & Africa 29.7 Lawn Type 29.8 Technology 29.9 End Users
30 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/nhj5lo
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets Laura Wood, Senior Manager [email protected]
For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
View original content:http://www.prnewswire.com/news-releases/worldwide-robotic-lawn-mowers-industry-to-2025---prominent-vendors-include-mtd-products-robert-bosch--stiga-among-others-301090885.html
SOURCE Research and Markets
[ Back To TMCnet.com's Homepage ]
|