Industry Background:
A Smart lawn mower is an autonomous machine that functions without human intervention within a defined area. According to the Study, The North America commercial lawn mower market size was valued at USD 3891.8 million in 2019 and is projected to reach USD 5492.9 million by 2025, growing at a CAGR of 5.51% from 2019 to 2025. Technological advancements in the field of artificial intelligence (AI) have paved the way for mobile robots making them more efficient. Increase in dependency on automation in the commercial sector to reduce operational cost and rise in the adoption of domestic robots for various household applications such as cleaning, lawn mowing, and many more drive the growth of the Smart lawnmower in the North American market. Additionally, the online retail segment is anticipated to hold the largest share in the North America Smart lawn market owing to online retailing provides more discounts and wider options to purchase, the online platform becomes popular owing to that it provides the delivery to the doorstep by order of products.
According to AMA, the market for Smart Lawn Mowers is expected to register a CAGR of 13.5% during the forecast period to 2026. This growth is primarily driven by Smart Lawn Mower Performs Silent Operation and Smart Lawn Mower Performs Dust-Free Operation.
Globally, a noticeable market trend is evident Less Energy Consumption in Comparison to Traditional Lawn Mower
. The Electrical Components & Equipment sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Manufacturers, such as Deere and Company (United States), WORX (United States), The Toro Company (United States), MTD Products (United States), The Kobi Company (New York), LG Electronics USA (United States), Hitachi, Ltd. (Japan), Husqvarna Group (Sweden), Robert Bosch (Germany), STIGA SPA (Italy), Honda Motor Company (Japan) and AL-KO (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Market Drivers
- Smart Lawn Mower Performs Silent Operation
- Smart Lawn Mower Performs Dust-Free Operation
Market Trend
- Less Energy Consumption in Comparison to Traditional Lawn Mower
- Smart Lawn Mower is Safer in Comparison to the Conventional Lawn Mower
Restraints
- Higher Initial Cost in Comparison to the Regular Lawn Mower
- Limited Lawn Area Coverage
Opportunities
Lawn Care Industry is Growing Because of the Increase in Disposable Income and Awareness About Greenery
Challenges
User Preference for Hiring Landscaping Services
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Smart Lawn Mowers Study Sheds Light on
The Smart Lawn Mowers Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Smart Lawn Mowers industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Smart Lawn Mowers industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.