Global Power Lawn Mower Market 2018-2022

Below are some of the key findings from the power lawn mower market research report

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Global Power Lawn Mower Industry Overview

Manufacturers have been concentrating on using price as a differentiating factor to launch premium versions of their existing product lines. The demand for premium products has been increasing due to the improving economic conditions around the globe and willingness among consumers to spend more. This will subsequently drive power lawn mower market growth.

Our power lawn mower market analysis highlights that the growing number of smart cities and urbanization is one of the significant power lawn mower market trends which will contribute to the growth of power lawn mower market size. The adoption of power lawn mowers for landscaping has been rising because of the growing number of smart cities and increasing urbanization in different countries. There are several robotic lawn mowers are available in the market that can be connected via a mobile application and can be used through smartphones. With the rising urbanization in the emerging economies of APAC, the demand for gardens and recreational parks has increased. This, in turn, is creating the demand for garden equipment. Furthermore, the increasing adoption of DIY and gardening culture in the developing countries is also expected to contribute significantly to the rising demand for garden equipment including power lawn mowers in the forthcoming years. Owing to such factors, the power lawn mower market is expected to post a CAGR of over 4% in the forecast period.

Top power lawn mower companies covered in this market research report

The power lawn mower market is moderately fragmented owing to the presence of several power lawn mower manufacturers leveraging advanced technologies to offer innovative products. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this power lawn mower industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• Deere & Company
• Husqvarna
• STIGA
• STIHL
• The Toro Company

Power lawn mower market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for companies, the Americas will account for the highest growth of this market throughout the forecast period. The Americas led the market in 2017 with approximately 53% of the market share, followed by EMEA and APAC respectively.

Power lawn mower market segmentation based on end users

• Commercial
• Residential

The commercial end-user segment will account for the highest growth in the power lawn mower market. The report provides an accurate prediction of the contribution of the various end-user segments to the growth of the power lawn mower market size.

Key highlights of the global power lawn mower market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the power lawn mower market during the next five years
• Precise estimation of the global power lawn mower market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the power lawn mower industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of power lawn mower companies

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