PUBLISHER: Grand View Research | PRODUCT CODE: 1363464
PUBLISHER: Grand View Research | PRODUCT CODE: 1363464
The global electric lawn mower market size is expected to reach USD 13.51 billion by 2030, registering at a CAGR of 5.4% from 2023 to 2030, according to the recent reports of Grand View Research, Inc..The shift towards urban living has led to the emergence of multiple residential areas characterized by smaller yard dimensions. In response to the dwindling availability of land in urban settings, property developers frequently opt for reduced lot sizes. This strategy enables them to accommodate more homes within limited space. Capitalizing on their compact and lightweight nature, electric mowers offer significant benefits in negotiating confined areas. This quality proves particularly advantageous when maneuvering through narrow walkways or circumnavigating obstacles commonly encountered in urban landscapes, such as trees, flowerbeds, and fences. As a result, these factors play a significant role in propelling the market expansion.
The widespread adoption of electric lawnmowers faces a major challenge due to limitations in battery technology. These mowers are hindered by their short battery life, requiring frequent interruptions for recharging. This intermittent disrupts the seamless flow of yard work and undermines the productivity potential that these mowers could otherwise offer. The overarching solution to this predicament resides in the progressive advancement of battery technology. A concerted effort towards developing batteries that boast enhanced efficiency and extended lifespan is pivotal in overcoming this hurdle. Electric lawn mowers could be liberated from their current limitations by achieving breakthroughs in battery chemistry, design, and overall performance.
The global shift toward environmental consciousness has encouraged governments and regulatory bodies to incentivize and promote sustainable alternatives. Various government initiatives encourage the use of electric mowers, reinforcing their appeal and driving their adoption on a large scale. For instance, in 2019, the U.K. government set a target of achieving net-zero emissions by 2050. As part of this goal, the government is encouraging the use of electric lawn mowers. As the government continues to invest in decarbonizing the transportation sector, electric lawn mowers are expected to become a more attractive option for homeowners. Eliminating emissions during operation aligns significantly with the broader sustainability and conservation goals. As environmental concerns become more prominent globally, there is a growing awareness of the impact of fossil fuels and greenhouse gas emissions.