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Global Robotic Lawn Mower Market estimated value of USD 1444.26 million by 2026 | Key Market Competitors: Milagrow Business & Knowledge Solutions (Pvt.) Limited, WORX, MTD, The Kobi Company, LG Electronics.

The focus of this report is on the volume and value of Global Robotic Lawn Mower Market at global, regional and business level. This document, by examining historical records and future prospects, represents the overall size of the Global Robotic Lawn Mower Market from an international perspective. This record categorizes the production, apparent consumption, export and import of Global Robotic Lawn Mower Market from North America, Europe, China, Japan, Southeast Asia and India. Global Robotic Lawn Mower Market latest research report offers a complete analysis of the Global Robotic Lawn Mower Market industry influencing driving factors, impacting trends and demand, competitive landscape and factors restraining the growth of the market.  Furthermore, our analysts aim at precisely forecasting the growth rate of the Global Robotic Lawn Mower Market using various market sizing methodologies such as bottom-up and top-down approaches to help our clients and other enterprises gain a better understanding of the current Global Robotic Lawn Mower Market scenario.

Market Analysis: Global Robotic Lawn Mower Market

Global Robotic Lawn Mower Market is expected to rise from its initial estimated value of USD 533 million in 2018 to an estimated value of USD 1444.26 million by 2026, registering a CAGR of 13.27% in the forecast period of 2019-2026.

Increasing safety concerns over traditional lawn mower is the major factor for the growth of this market.

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Key Market Competitors: Global Robotic Lawn Mower Market

Few of the major competitors currently working in the robotic lawn mower market are-Husqvarna Group, Bosch Limited, Stiga S.P.A., Zucchetti Centro Sistemi S.p.a., YAMABIKO Corporation,  Deere & Company, Honda Motor Co., Ltd., The Toro Company, AL-KO KOBER SE,  Milagrow Business & Knowledge Solutions (Pvt.) Limited, WORX, MTD, The Kobi Company, LG Electronics.

Market Definition:

Robotic lawn movers are a robot which is used to cut the grass. Lawn movers usually consist of two or more blades which are used to cut the grass evenly. Usually the users have to wire around the lawn areas that need to be mowed. These robots can maintain upto 30,000 m2 of grass. Today user can adjust the settings of the mower through some applications on their smart phones.

Market Drivers:

Continuous technological advancement is the major factor driving the market.

Increasing urbanization and consumers preference toward smart homes and system is driving the market.

Market Restraints:

Higher cost of the device as compared to the traditional mower is the major factor restraining the growth,

They can only can cover limited lawn area which is another factor restraining the market.

Major Insights of the Report

  1. To describe and forecast the Global Robotic Lawn Mower Market, in terms of value, by process, product type, and industry.
  2. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Robotic Lawn Mower Market
  3. The key findings and recommendations highlight crucial progressive industry trends in the Global Robotic Lawn Mower Market, thereby allowing players to develop effective long term strategies
  4. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Global Robotic Lawn Mower Market
  5. The report offers market share appraisals for regional and global levels

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Segmentation:

By Distribution Channel

Online Channel

Retail Channel

By End- User

Robotic Lawn Mowers in the Residential Sector

Robotic Lawn Mowers in the Commercial Sector

By Connectivity

Robotic Lawn Mowers with Connectivity

Robotic Lawn Mowers without Connectivity

By Lawn Covered

Medium-sized lawns (between 800 and 1,500 square meters, Small-sized lawns (up to 800 square meters

Large-sized lawns (between 1,500 and 10,500 square meters

By Geography

North America

Europe

Asia-Pacific

Middle East & Africa

Key Developments in the Market:

In January 2019, IRobot Corp announced the launch of their new lawnmower. The terra which can operates on its own and can head back to the base station to recharge even in mid- mow. The user can operate it with the smartphone and schedule automatic mowing and can be programmed to cover the specific part of the yard. The best thing is that they don’t require boundary wires and can mow in straight and back- and – forth line.

In February 2019, Husqvarna announced the launch of its new AI enabled robotic mower Husqvarna Automower 435X AWD with all- wheel drive and smart home connectivity. They are designed to manage rough terrain and slope with an incline of 70% and can work with amazon alexa, google home and other smart home devices. It has a safety feature which will stop the mower automatically when lifted or turned over.

Key Insights in the report:

Complete and distinct analysis of the market drivers and restraints

Key Market players involved in this industry

Detailed analysis of the Market Segmentation

Competitive analysis of the key players involved

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