Market Overview and Report Coverage
Powered lawn mowers are outdoor power equipment used for cutting grass and maintaining lawns. These mowers are powered by electricity, gasoline, or rechargeable batteries, offering convenience and efficiency in lawn maintenance.
The current outlook for the powered lawn mowers market is positive, with a growing demand for landscaping services and increasing interest in smart and connected lawn care equipment. The market is expected to witness steady growth in the coming years, driven by advancements in technology, rising urbanization, and growing awareness about the importance of maintaining green spaces.
The future of the powered lawn mowers market looks promising, with a projected CAGR of % during the forecasted period. This growth can be attributed to the introduction of innovative features such as robotic mowers, smart controls, and eco-friendly options. Additionally, the increasing focus on sustainable landscaping practices and the rise in disposable income are expected to further boost market growth.
Overall, the powered lawn mowers market is poised for significant expansion, with key players investing in research and development to cater to evolving consumer preferences and drive market trends.
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Market Segmentation
The Powered Lawn Mowers Market Analysis by types is segmented into:
Gasoline-powered lawn mowers are traditional and widely used due to their powerful engines, making them suitable for large and tough lawns. Despite being noisy and emitting pollutants, they offer excellent cutting results. On the other hand, battery-powered lawn mowers are quickly gaining popularity due to their eco-friendly nature and quieter operation. These mowers are lightweight, easy to maneuver, and require minimal maintenance. While they are ideal for smaller yards, their runtime may be limited by the battery capacity.
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The Powered Lawn Mowers Market Industry Research by Application is segmented into:
Powered lawn mowers have various applications in different markets. In the commercial sector, they are used by landscaping companies and golf courses for maintaining large properties. In the residential market, homeowners use them for mowing their lawns. Municipalities also use powered lawn mowers to maintain public parks and green spaces. Apart from these, powered lawn mowers are also used in sports fields and educational institutions. Overall, these mowers find applications in commercial, residential, municipal, and other markets for maintaining outdoor spaces.
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In terms of Region, the Powered Lawn Mowers Market Players available by Region are:
North America:
Europe:
Asia-Pacific:
Latin America:
Middle East & Africa:
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What are the Emerging Trends in the Global Powered Lawn Mowers market?
The global powered lawn mowers market is seeing a shift towards electric and battery-powered mowers due to their eco-friendly nature and reduced noise levels. Consumers are also demanding smarter and more connected features such as smartphone app controls and autonomous operation. Sustainable practices are becoming a priority, leading to an increase in demand for robotic lawn mowers that require minimal human intervention. Additionally, advancements in technology are driving the development of more efficient and powerful lawn mowers, catering to the growing trend of urban gardening and smaller lawn spaces. Overall, the market is moving towards greener, smarter, and more convenient solutions.
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Major Market Players
Among the players in the powered lawn mowers market, Husqvarna is a leading company known for its innovative products and high-quality machinery. The company has been experiencing steady market growth over the years, with a focus on sustainability and eco-friendly solutions. Their revenue for the fiscal year 2020 was approximately $ billion.
Another key player in the market is Deere & Company, commonly known as John Deere. The company has a strong presence in the agricultural and landscaping industries, offering a wide range of powered lawn mowers for both residential and commercial use. John Deere's revenue for the fiscal year 2020 was around $35.54 billion.
Honda is also a major player in the powered lawn mowers market, known for its reliable and high-performance engines. The company has a diverse product portfolio, catering to the needs of both homeowners and landscaping professionals. Honda's revenue for the fiscal year 2020 was approximately $138.7 billion.
In terms of market trends, there is a growing demand for battery-powered and robotic lawn mowers as consumers increasingly prioritize sustainability and convenience. Companies like EGO Power and Robomow are capitalizing on this trend by offering advanced and efficient lawn mowing solutions.
Overall, the powered lawn mowers market is highly competitive, with key players like Husqvarna, Deere, and Honda leading the industry. As the market continues to evolve, companies are focusing on innovation, sustainability, and technological advancements to meet the changing needs of consumers and stay ahead of the competition.
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