Jul 10, 2023

News provided by Share this article Share this article NEW YORK, July 10, 2023 /PRNewswire/ --The  robotic lawn mower market size is set to grow by USD 1,069.21 million from 2022 to 2027. The market is estimated to register a CAGR of 15.73%, according to Technavio's latest market research report estimates. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Read our Sample Report The report also covers the following areas: The robotic lawn mower market is segmented as follows: End-user Middle East And Africa The residential segment will be significant for market growth during the forecast period. This segment comprises robotic lawnmowers used by homeowners. Generally, grass lawns are preferred by various residential users to cement exteriors and bare soil. This is because they provide better aesthetics and finish to the exterior of homes and ensure the circulation of fresh air in the surroundings. Furthermore, some vendors that offer garden and lawn tools focus on expanding their product offerings in the residential segment. Hence, such factors boost the segment growth during the forecast period. Robotic Lawn Mower Market 2023-2027: Vendor Analysis and Scope The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Some of the major vendors of the robotic lawn mower market include AL-KO SE, ANDREAS STIHL AG and Co. KG, Echo Inc., Globgro AB, Hangzhou Favor Robot Tech Co. Ltd., Honda Motor Co. Ltd, Husqvarna AB, Irobot Corp., LG Electronics Inc., LINEA TIELLE srl, Mamibot Manufacturing USA Inc., Mowbot, MTD Products Inc., Ningbo Ngp Industry Co., Robert Bosch GmbH, STIGA Spa, The Kobi Co., The Toro Co., YAMABIKO Corp., and Zucchetti Centro Sistemi Spa. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 15+ vendors operating in the market. Vendor Offerings AL-KO SE: The company offers robotic lawn mowers such as solo by Robolindo 450W, 700W, and 2000W. ANDREAS STIHL AG & Co. KG: The company offers robotic lawn mowers such as RMI 422, RMI 422 P, and RMI 422 PC. Honda Motor Co. Ltd: The company offers robotic lawn mowers such as HRX217VKA self-propel, HRX217VLA electric start, and HRX217VYA blade stop system. Robotic Lawn Mower Market 2023-2027: Market Dynamics Major Driver - The increasing demand from the commercial segment is driving the growth of the robotic lawn mower market. Technological innovations in products have mitigated challenges such as low productivity, limited battery life, and frequent maintenance of robotic lawnmowers. In addition, robotic lawnmowers require minimal maintenance, and they can efficiently conduct lawn mowing activity in large garden areas with uneven ground surfaces in commercial spaces. This has increased their popularity in the commercial sector, thereby driving the growth of the market in focus. Major Trend - The development of smart cities is a major trend shaping the market. The key focus area for a smart city is sustainable development through the optimization of resources such as power, gas, land, and water by real-time data analysis of these resources. Robotic lawn mowers are battery-powered and emission-free, which can aid in fulfilling the energy-efficient and pollution standards in smart cities. In addition, robotic lawn mower providers must regularly update their skills in terms of technology and increase the capabilities of their lawnmowers to adapt to the changing requirements of end-users, especially in the commercial segment. Major Challenges - The availability of alternatives may challenge the robotic lawn mower market growth. Compared with robotic lawnmowers, conventional lawn mowing machines are inexpensive. Most vendors that offer robotic lawnmowers also provide conventional gardening equipment. Most of the revenue generated by these vendors is from the sales of conventional gardening equipment. These products are placed as battery-powered alternatives to gas equipment in the global robotic lawn mower market. What's New? Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession Global competitiveness and key competitor positions Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial  - Buy the report! Robotic Lawn Mower Market 2023-2027: Key Highlights CAGR of the market during the forecast period 2023-2027 Detailed information on factors that will assist robotic lawn mower market growth during the next five years Estimation of the robotic lawn mower market size and its contribution to the parent market Predictions on upcoming trends and changes in consumer behavior The growth of the robotic lawn mower market Analysis of the market's competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of robotic lawn mower market vendors Gain instant access to 17,000+ market research reports. Related Reports: The robotic bartender market size is expected to increase by USD 678.8 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 24.27%. Furthermore, this report extensively covers the robotic bartender market segmentation by end-user (commercial and residential) and geography (North America, APAC, Europe, South America, and the Middle East and Africa). The bars and pubs leveraging the use of advanced technology are one of the major drivers impacting the robotic bartender market growth. The  robotic laser cutting market  size is expected to increase by USD 127.47 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.61%. Furthermore, this report extensively covers market segmentation by end-user (automotive Industry, metal Industry, aerospace Industry, and others) and Geography (APAC, Europe, North America, South America, and Middle East and Africa). The increased productivity with improved laser technology is notably driving the market growth. Robotic Lawn Mower Market Scope Report Coverage Key companies profiled AL-KO SE, ANDREAS STIHL AG and Co. KG, Echo Inc., Globgro AB, Hangzhou Favor Robot Tech Co. Ltd., Honda Motor Co. Ltd, Husqvarna AB, Irobot Corp., LG Electronics Inc., LINEA TIELLE srl, Mamibot Manufacturing USA Inc., Mowbot, MTD Products Inc., Ningbo Ngp Industry Co., Robert Bosch GmbH, STIGA Spa, The Kobi Co., The Toro Co., YAMABIKO Corp., and Zucchetti Centro Sistemi Spa Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million) Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million) Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%) Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%) 4 Historic Market Size 4.1 Global robotic lawn mower market 2017 - 2021 Exhibit 18: Historic Market Size – Data Table on Global robotic lawn mower market 2017 - 2021 ($ million) 4.2 End-user Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million) 4.3 Distribution Channel Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million) 4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million) 4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million) 5 Five Forces Analysis Exhibit 33: Data Table on Comparison by End-user 6.3 Residential - Market size and forecast 2022-2027 Exhibit 34: Chart on Residential - Market size and forecast 2022-2027 ($ million) Exhibit 35: Data Table on Residential - Market size and forecast 2022-2027 ($ million) Exhibit 36: Chart on Residential - Year-over-year growth 2022-2027 (%) Exhibit 37: Data Table on Residential - Year-over-year growth 2022-2027 (%) 6.4 Commercial - Market size and forecast 2022-2027 Exhibit 38: Chart on Commercial - Market size and forecast 2022-2027 ($ million) Exhibit 39: Data Table on Commercial - Market size and forecast 2022-2027 ($ million) Exhibit 40: Chart on Commercial - Year-over-year growth 2022-2027 (%) Exhibit 41: Data Table on Commercial - Year-over-year growth 2022-2027 (%) 6.5 Market opportunity by End-user Exhibit 42: Market opportunity by End-user ($ million) 7 Market Segmentation by Distribution Channel 7.1 Market segments Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%) 7.2 Comparison by Distribution Channel Exhibit 45: Chart on Comparison by Distribution Channel Exhibit 46: Data Table on Comparison by Distribution Channel 7.3 Retail store/offline - Market size and forecast 2022-2027 Exhibit 47: Chart on Retail store/offline - Market size and forecast 2022-2027 ($ million) Exhibit 48: Data Table on Retail store/offline - Market size and forecast 2022-2027 ($ million) Exhibit 49: Chart on Retail store/offline - Year-over-year growth 2022-2027 (%) Exhibit 50: Data Table on Retail store/offline - Year-over-year growth 2022-2027 (%) 7.4 Online - Market size and forecast 2022-2027 Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ million) Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ million) Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%) Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%) 7.5 Market opportunity by Distribution Channel Exhibit 55: Market opportunity by Distribution Channel ($ million) 8 Customer Landscape Exhibit 60: Data Table on Geographic comparison 9.3 Europe - Market size and forecast 2022-2027 Exhibit 61: Chart on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 62: Data Table on Europe - Market size and forecast 2022-2027 ($ million) Exhibit 63: Chart on Europe - Year-over-year growth 2022-2027 (%) Exhibit 64: Data Table on Europe - Year-over-year growth 2022-2027 (%) 9.4 North America - Market size and forecast 2022-2027 Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million) Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million) Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%) Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%) 9.5 APAC - Market size and forecast 2022-2027 Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million) Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%) Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%) 9.6 South America - Market size and forecast 2022-2027 Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million) Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million) Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%) Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%) 9.7 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million) Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%) Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%) 9.8 US - Market size and forecast 2022-2027 Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million) Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million) Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%) Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%) 9.9 Sweden - Market size and forecast 2022-2027 Exhibit 85: Chart on Sweden - Market size and forecast 2022-2027 ($ million) Exhibit 86: Data Table on Sweden - Market size and forecast 2022-2027 ($ million) Exhibit 87: Chart on Sweden - Year-over-year growth 2022-2027 (%) Exhibit 88: Data Table on Sweden - Year-over-year growth 2022-2027 (%) 9.10 Germany - Market size and forecast 2022-2027 Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million) Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%) Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%) 9.11 UK - Market size and forecast 2022-2027 Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million) Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million) Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%) Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%) 9.12 China - Market size and forecast 2022-2027 Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million) Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million) Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%) Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%) 9.13 Market opportunity by geography Exhibit 101: Market opportunity by geography ($ million) 10 Drivers, Challenges, and Trends 10.1 Market drivers About Us Technavio is a leading global technology research and advisory company. 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