Lawn Mower Market set to hit $55.7 billion by 2035, as transition to electric mowers drives transformation

Industry revenue for Lawn Mower is estimated to rise to $55.7 billion by 2035 from $25.1 billion of 2024. The revenue growth of market players is expected to average at 7.5% annually for period 2024 to 2035. Lawn mower is critical across several key applications, including Residential Lawn Maintenance, Professional Landscaping Services, Sports Grounds & Golf Courses and Public Parks & Recreational Grounds. The report unwind growth & revenue expansion opportunities at Product Type, User Type, Power Source and Cutting Width with industry revenue Forecast.

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The Lawn mower market is characterized by intense competition, with a number of leading players such as Husqvarna Group, John Deere, The Toro Company, MTD and Craftsman. These players are pushing the boundaries of innovation & technological advancements and forging strategic partnerships to expand the existing reach of the market, thereby shaping its growth trajectory and future prospects by enlarging the total addressable market.

The Lawn mower market is projected to expand substantially, driven by the Rising Urbanization and Landscape Beautification and Technological Advancements in Lawn Mower Designs. This growth is expected to be further supported by Industry trends like Surge in DIY Gardening Trends; and position the market's continued expansion to reach $38.7 billion by 2030. Moreover, the key opportunities, such as Solar-powered Lawn Mowers, Smart Mowers and robotic mowers for large public spaces, are anticipated to create opportunistic revenue pockets in major demand hubs including U.S., Germany and UK.

The U.S., Germany, UK, Australia and Canada are leading the market, driving a significant share of global demand. Businesses in these countries can expect steady revenue growth of 4.9% to 7.2% annually from 2024 to 2035. At the same time, Brazil, India and South Africa are emerging as exciting new opportunities, with fast-growing markets and evolving industry landscapes creating fresh avenues for expansion.

North America and Europe are the two most active and leading regions in the market. With challenges like Seasonality Issues and technological complexity, market Supply Chains from Raw Material Procurement / Component Manufacturing / Lawn Mower Assembly and to End User Applications is expected to evolve & expand further; and industry player’s will be pushed to make strategic shifts towards emerging markets including Brazil, India and South Africa for expansion of the total addressable market (TAM).

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