Commercial Lawn Mower Market value is expected to reach an extent of USD 13.0 billion by the end of the assessment period, recording a CAGR of about 5.0% throughout the estimated period 2021-2026.
A lawnmower is equipment that uses rotating blades to cut, trim, and size a lawn surface at a uniform height level. Commercial lawn mower refers to a device that is used for enterprise purposes, excluding residential uses. It is extensively employed in the professional landscaping, gardening, and lawn care sectors. The rise of battery-powered products is the increasing trend in the international marketplace, and it is slowly changing the dynamics of the global commercial lawn mower business. As technology advances, hybrid products for commercial lawn mowers are also expected to be launched. The riding type is still very popular in the commercial mower market, while the zero turn mower type is gaining application in areas like golf courses and landscaping, in particular for its better productivity. The commercial lawn mower market is highly fragmented with few companies worldwide and a large number of regional and local players.
Recent Developments
Market Drivers and Restraints:
The growing number of consumers turning to smart technology will drive demand for innovative products in the global commercial lawn mowers market. Improved connectivity and the ability to converge robotic technology with the concept of a smart device has witnessed acceptance among sophisticated end-users of modern technology in the worldwide market for commercial lawnmowers. Golf courses, sports fields, and public parks are finding huge applications in the world market for these mowers. The launch of new product models with greater efficiency, better battery, and greater cutting capacity will drive sales of these gardening tools to the market. Improved battery technology and the introduction of user-friendly and environmentally-friendly electric lawn mowers will transform the global commercial lawn mowers market. The latest trend in the market is the increased adoption of smart robotics technologies among end-users worldwide. Smart mowers are integrated with smart visual navigation and have the ability to assimilate to the Internet and controlled via a smartphone app. The increasing concern of key players for developing low-cost robotic models will fuel demand in the global commercial lawn mower business.
The global Commercial Lawn Mower market can be divided based on type, fuel type, and end-user.
In the future, the hybrid mower segment is expected to gain popularity in combination with battery and motor technology. Today, assembling lawn equipment is the most popular type of lawn mower among commercial users and will continue to be the dominant segment by product type. This segment is likely to contribute to maximum turnover with the fastest growing CAGR of more than 6% during the forecast period.
The push mower segment, which is popular in both developed and developing countries, is expected to grow at a slow pace in the market due to the shift from operators to vertical and zero-turn mowers. Zero-turn equipment has rapidly grown in popularity among golf course maintenance and landscapers in the past two years due to the need for increased productivity and varied terrain management capabilities.
Economical and sustainable battery-powered products will gain momentum, albeit slowly, in the years to come. Based on Operation, the Commercial Lawn Mower Market includes Manual and Robotic.
As the number of COVID-19 cases increases worldwide, its impact on the construction industry is expected to change in the coming months. Based on events in China and Europe, the U.S. construction industry is expected to experience similar difficulties with disruptions to the materials supply chain, labor shortages, and closure of construction sites across the city. Several affected areas have already suspended construction activities. Projects authorized to continue will experience delays due to supply chain disruptions that affect the supply of raw materials. Due to uncertainty about the speed of economic recovery, spending cuts could be expected for "non-essential" initiatives such as workplaces, entertainment, etc. While many infrastructures, hospitals, and residential projects, considered essential, will continue to move forward. In these difficult times, uncertainty reigns and it is difficult to foresee a recovery path for the industry. However, emergency plans and government support must be implemented to assist the mid-market contractor in the commercial lawn mowers industry.
Regional Analysis:
The global market for Commercial Lawn Mower has been categorized in four regions of North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. Demand for commercial lawn mowers is expected to grow steadily over the next five to ten years with increasing consumer demand, particularly with the availability of commercial battery-powered lawn mower products and the advent of robotic operation. As the tradition of lawn and garden care has a strong history in Europe and North America, these are also the regions in good demand for the commercial lawn mower market. The United Kingdom, the United States, and Canada are particularly important countries for the commercial lawn mower market in Europe and North America. The Asia Pacific represents the growing market demand for commercial lawn mowers as the trend to create lawns, gardens, and green spaces in commercial spaces grow. China, India, and Japan are important countries for the commercial lawn mower market in the Asia-Pacific region.
Leading Company
Deere and Company has the largest share of the Commercial Lawn Mower Market in terms of sales and revenue in 2019.
Key Players
The Commercial Lawn Mower Market is concentrated with well-established players. Key players in the Commercial Lawn Mower Market include MTD Products, Deere and Company, Toro, Kubota, Husqvarna Group, and Honda Motor Company
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Commercial Lawn Mower Market, By Type
6.1.1 Zero Turn
6.1.2 Stand-on
6.1.3 Ride-on
6.1.4 Walk Behind
6.1.5 Market Size Estimations & Forecasts (2019-2024)
6.1.6 Y-o-Y Growth Rate Analysis
6.1.7 Market Attractiveness Index
6.2 Commercial Lawn Mower Market, By Fuel Type
6.2.1 Battery Powered
6.2.2 Gas Powered
6.2.3 Electric Powered
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Commercial Lawn Mower Market, By End-User
6.3.1 Sports Grounds
6.3.2 Entertainment Parks
6.3.3 Golf Courses
6.3.4 Lawns & Gardens
6.3.5 Market Size Estimations & Forecasts (2019-2024)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
6.4 Commercial Lawn Mower Market, By Operations
6.4.1 Robotic
6.4.2 Manual
6.4.3 Market Size Estimations & Forecasts (2019-2024)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Type
7.2.3 By Fuel Type
7.2.4 By End-User
7.2.5 By Operations
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Type
7.3.3 By Fuel Type
7.3.4 By End-User
7.3.5 By Operations
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Type
7.4.3 By Fuel Type
7.4.4 By End-User
7.4.5 By Operations
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Type
7.5.3 By Fuel Type
7.5.4 By End-User
7.5.5 By Operations
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Type
7.6.3 By Fuel Type
7.6.4 By End-User
7.6.5 By Operations
8. Key Player Analysis
8.1 MTD Products
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Deere and Company
8.3 Toro
8.4 Kubota
8.5 Husqvarna Group
8.6 Honda Motor Company
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
