PUBLISHER: Lucintel | PRODUCT CODE: 1416693
PUBLISHER: Lucintel | PRODUCT CODE: 1416693
Electric Lawn Mowers Trends and Forecast
The future of the global electric lawn mowers market looks promising with opportunities in the residential users, professional landscaping services, golf courses & other sports arenas, and government markets. The global electric lawn mowers market is expected to reach an estimated $24.6 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increased inclination for eco-friendly products and rising customer involvement in gardening, progressively stricter global government regulations, and growing preference for integrating green areas into residential and business infrastructure.
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Electric Lawn Mowers by Segment
The study includes a forecast for the global electric lawn mowers by product, end use industry, power source, distribution channel, and region.
Electric Lawn Mowers Market by Product [Shipment Analysis by Value from 2018 to 2030]:
Electric Lawn Mowers Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
Electric Lawn Mowers Market by Power Source [Shipment Analysis by Value from 2018 to 2030]:
Electric Lawn Mowers Market by Distribution Channel [Shipment Analysis by Value from 2018 to 2030]:
Electric Lawn Mowers Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Electric Lawn Mowers Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric lawn mowers companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric lawn mowers companies profiled in this report include-
Electric Lawn Mowers Market Insights
Lucintel forecasts that walk-behind will remain the largest segment over the forecast period becasue the homeowners in metropolitan regions or environments sensitive to noise find it appealing to reduce pollution since it enables them to take care of their lawns without upsetting their neighbors or family members.
Within this market, residential users will remain the largest segment because electric mowers are becoming a financially viable alternative owing to the fluctuating price of gasoline and the growing expense of fossil fuels.
North America will remain the largest region over the forecast period due to increasing understanding of the need to lessen carbon footprints and environmental issues, as well as, growing number of environmentally concerned customers and the ease of wireless operating.
Features of the Global Electric Lawn Mowers Market
Market Size Estimates: Electric lawn mowers market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Electric lawn mowers market size by various segments, such as by product, end use industry, power source, distribution channel, and region in terms of value ($B).
Regional Analysis: Electric lawn mowers market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, end use industry, power source, distribution channel, and regions for the electric lawn mowers market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric lawn mowers market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the electric lawn mowers market size?
Answer: The global electric lawn mowers market is expected to reach an estimated $24.6 billion by 2030.
Q2. What is the growth forecast for electric lawn mowers market?
Answer: The global electric lawn mowers market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the electric lawn mowers market?
Answer: The major drivers for this market are increased inclination for eco-friendly products and rising customer involvement in gardening, progressively stricter global government regulations and growing preference for integrating green areas into residential and business infrastructure.
Q4. What are the major segments for electric lawn mowers market?
Answer: The future of the electric lawn mowers market looks promising with opportunities in the residential users, professional landscaping services, golf courses & other sports arenas, and government markets.
Q5. Who are the key electric lawn mowers market companies?
Answer: Some of the key electric lawn mowers companies are as follows:
Q6. Which electric lawn mowers market segment will be the largest in future?
Answer: Lucintel forecasts that walk-behind will remain the largest segment over the forecast period becasue the homeowners in metropolitan regions or environments sensitive to noise find it appealing to reduce pollution since it enables them to take care of their lawns without upsetting their neighbors or family members.
Q7. In electric lawn mowers market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing understanding of the need to lessen carbon footprints and environmental issues, as well as, growing number of environmentally concerned customers and the ease of wireless operating.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.