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Global $1.26 Billion Robotic Lawn Mower Market by End-user, Lawn Size, Connectivity Type, Distribution Channel and Region - Forecast to 2025 - ResearchAndMarkets.com

March 4, 2019

DUBLIN--(BUSINESS WIRE)--Mar 4, 2019--The “Robotic Lawn Mower Market by End User (Residential, Commercial), Lawn Size (small-sized, medium-sized, large-sized), Connectivity Type (With Connectivity, Without Connectivity), Distribution Channel, and Region - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.

The robotic lawn mower market is projected to grow from USD 533 million to USD 1,262 million by 2025 at a CAGR of 13.1%. Increase in labor cost, safety concerns over traditional lawn mowers, and need for noise-free operation are some of the major factors that will drive the robotic lawn mower market.

Europe is expected to be the largest as well as fastest growing robotic lawn mower market during the forecasted period.

In Europe, most of the people stay in homes with lawns. And as the per capita income of the people in this region is on the higher side, they are willing to invest in robotic lawn mowers because it requires more time to maintain a lawn manually. Moreover, as the annual landscaping services in Europe are costly, more people with individual lawns are willing to buy robotic lawn mowers. Thus, the robotic lawn mower market in Europe is the largest as well as the fastest growing.

Robotic lawn mower used for residential applications is expected to be the largest market.

The penetration of the robotic lawn mowers in the commercial segment is very low and is predominant only in the residential segment. Hence, this market has the highest share, and the same is expected to continue during the forecasted period. Apart from this, the overall lawn care industry is also growing continuously at a healthy CAGR, and this growth of the lawn care industry is because of the residential segment.

Large-sized robotic lawn mower is the fastest growing segment.

Large-sized robotic lawn mowers are generally used for commercial applications. This segment has very low penetration at present. But, advancements in technology and development of high capacity lawn mowers are the driving factors making this the fastest growing segment in the robotic lawn mower market.

People in Europe have traditionally invested a lot of time in creating and maintaining lawns. However, things are starting to change as a younger and more urban population starts to grow and flat dwelling becomes a standard practice. Those who do choose to keep a lawn and garden are typically a little bit older and rely on landscaping service of professionals which are very limited in Europe. Hence, the demand for robotic lawn mowers is expected to increase further.

Topics Covered

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Currency

1.5 Package Size

1.6 Limitations

1.7 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Secondary Data

2.3 Primary Data

2.4 Market Estimation

2.5 Data Triangulation

2.6 Assumptions

3 Executive Summary

4 Premium Insights

4.1 Robotic Lawn Mower Market, 2018 Vs. 2025 (USD Million)

4.2 Robotic Lawn Mower Market, By Region, 2018 (USD Million)

4.3 Robotic Lawn Mower Growth, By Country (In %)

4.4 Robotic Lawn Mower Market, By End User, 2018 Vs 2025 (USD Million)

4.5 Robotic Lawn Mower Market, By Lawn Size, 2018 Vs 2025 (USD Million)

4.6 Robotic Lawn Mower Market, By Connectivity Type, 2018 Vs 2025 (USD Million)

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Less Energy Consumption in Comparison to Traditional Lawn Mowers

5.2.1.2 Robotic Lawn Mower is Safer in Comparison to the Conventional Lawn Mower

5.2.1.3 Robotic Lawn Mower Performs Silent Operation

5.2.1.4 Robotic Lawn Mower Performs Dust-Free Operation

5.2.2 Restraints

5.2.2.1 Higher Initial Cost in Comparison to the Regular Lawn Mower

5.2.2.2 Limited Lawn Area Coverage

5.2.3 Opportunities

5.2.3.1 Lawn Care Industry is Growing Because of the Increase in Disposable Income & Awareness About Greenery

5.2.4 Challenges

5.2.4.1 User Preference for Hiring Landscaping Services

5.2.4.2 Low-Cost Labor in Developing Countries

6 Industry Trends

6.1 Introduction

6.2 Technology Overview

6.3 Porter’s Five Forces

6.4 Value Chain Analysis

7 Robotic Lawn Mower Market, By Distribution Channel

7.1 Observations (Online and Retail Channel For Robotic Lawn Mowers)

8 Robotic Lawn Mowers Market, By Lawn Size

8.1 Introduction

8.2 Small Size Robotic Lawn Mowers

8.3 Medium Size Robotic Lawn Mower

8.4 Large Size Robotic Lawn Mowers

9 Robotic Lawn Mower Market, By End User

9.1 Introduction

9.2 Robotic Lawn Mowers in the Residential Sector

9.3 Robotic Lawn Mowers in the Commercial Sector

10 Robotic Lawn Mowers Market, By Connectivity

10.1 Introduction

10.2 Robotic Lawn Mowers With Connectivity

10.3 Robotic Lawn Mowers Without Connectivity

11 Robotic Lawn Mower Market, By Region

11.1 Introduction

11.2 Asia Pacific

11.3 Europe

11.4 North America

11.5 Row

12 Competitive Landscape

12.1 Overview

12.2 Robotic Lawn Mower: Market Ranking Analysis

12.3 Competitive Scenario

12.4 Competitive Leadership Mapping

13 Company Profiles

13.1 Deere and Company

13.2 Robert Bosch

13.3 Stihl Holding AG and Co. KG

13.4 Honda Motor Company

13.5 Husqvarna Group

13.6 The Toro Company

13.7 Yamabiko Corporation

13.8 Stiga SpA

13.9 Al-Ko

13.10 MTD

13.11 Zucchetti Centro Sistemi SpA

13.12 Milagrow Business and Knowledge Systems Pvt. Ltd.

13.13 LG Electronics

13.14 The Kobi Company

13.15 The Worx Company

For more information about this report visit https://www.researchandmarkets.com/research/bts9sz/global_1_26?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190304005797/en/

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Related Topics:Gardening Supplies and Equipment,Robotics

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY LANDSCAPE CONSTRUCTION & PROPERTY

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 03/04/2019 12:44 PM/DISC: 03/04/2019 12:44 PM

http://www.businesswire.com/news/home/20190304005797/en