The global powered lawn mowers market is projected to amass a revenue of around US$ 2,155.0 million by 2032, up from US$ 1,366.0 million in 2022 moving forward with a CAGR of 4.7% during the forecast period.
To avoid the scruffy appearance of the lawns, it is necessary to upgrade the dusty old mower, which can be accomplished through various technological advancements. As a result, demand for powered lawn mowers is increasing. These advancements in cordless technology mowers were driven by the need for more storage space by traditional gas-powered lawn mowers, which also emit higher levels of emissions and noise than electric lawn mowers.
Furthermore, rising sales of powered lawn mowers can be attributed to the freedom to select the most appropriate lawn mowers for the size of the gardens. Furthermore, small gardens have a high demand for powered lawn mowers, which can be either electric corded or hand-pushed, whereas medium-sized gardens should consider petrol-powered cordless or battery-operated mowers.
Powered lawn mowers market trends are shaped by market participants who are introducing new technologies to lawn mowers with additional features like greater blade size, and variable speed technologies. To develop cordless mowers and a growing preference for mobility, market participants are also concentrating on battery technologies such as enhanced performance and lower prices for rechargeable battery packs.
Another significant step taken by governments in various countries to provide subsidiaries for the installation of powered lawn mowers is expected to enhance the sales of powered lawn mowers over the next decade. Some features such as battery indicators, which tell the operator what amount of power is left in the machine and even cut off any type of grass are expected to boost the powered lawn mowers market growth over the forecast period.
The shorter battery run time, which can only run for 40 to 70 minutes compared to the long run time of gas-powered lawn mowers, is expected to hurt the powered lawn mowers market outlook. Furthermore, demand for powered lawn mowers may fall as a result of fewer setting options and cumbersome height adjustments for electric-powered lawn mowers.
The higher cost of electric mowers in comparison to traditional gas mowers is expected to have an impact on the growth of the powered lawn mowers market during the forecast period.
Key Players:
- American Lawn Mower Company
- Unison Engg Industries (A Unison Group of Companies)
- Rank Engineering
- Husqvarna AB (publ)
- D&D Motor Systems, Inc.
- Hayter Limited.
- MEAN GREEN PRODUCTS
- CHP, Inc.
- GGP UK Ltd.
- Hayter
