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According to a market report by Lucintel, the future of the robotic lawn mower market looks promising with opportunities in the retail channel and online channel. The global robotic lawn mower market is expected to reach an estimated $2.7 billion by 2028 with a CAGR of 12.4% from 2023 to 2028. The major drivers for this market are increased preference of customers towards usage of organic products in gardening, growing demand of robots on the development of AI technology, and rising focus on the usage of smart tools to promote smart gardening operations globally.



In this market, residential and commercial are the two major segments of robotic lawn mower market by application. Lucintel forecast that residential will remain the larger segment over the forecast period due to rapid urbanization and increasing interest of domestic customers in gardening and landscape care.



Within this market, retail channel is expected to remain the largest segment due to the presence of developed and interconnected supply chain by distributors and retailers in the offline sector.



Europe will remain the largest region due to increasing acceptance of energy-efficient robotic lawnmowers in the region.

Husqvarna Group, Robert Bosch, Deere & Company, STIGA S.p.A., HONDA MOTOR, Hitachi, LawnMaster, The Toro Co., and Robin Autopilot are the major suppliers in the global robotic lawn mower market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global robotic lawn mower market by battery capacity, application, sales channel, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Robotic Lawn Mower Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global robotic lawn mower market by battery capacity, application, sales channel, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the robotic lawn mower market by battery capacity (Up to 20 V, 20 V to 30 V, and more than 30 V), application (residential and commercial), sales channel (retail channel and online channel), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?