Cordless Lawn Mower Market will grow at highest pace owing to improved mobility and ease of use
The cordless lawn mower market has witnessed significant growth over the past few years. Cordless lawn mowers are easy to maneuver and maintain as compared to corded and gas-powered mowers. They feature rechargeable lithium-ion batteries that provide a hassle-free cordless operations with no gas or oil required. Cordless lawn mowers are convenient to use and compact in size, allowing users to trim lawn areas that were hard to reach with traditional mowers.
The cordless lawn mower market is estimated to be valued at USD 3.10 Bn in 2024 and is expected to reach USD 5.48 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 8.48% from 2024 to 2031.
Key Takeaways
Key players operating in the cordless lawn mower market are Husqvarna, Makita, MTD Products, Emak, Toro, and Stanley Black & Decker.
Cordless Lawn Mower Market are gaining popularity among homeowners and commercial establishments like golf courses, parks, and sports fields due to their ease of use and mobility. The busy lifestyle of consumers and preference for low maintenance yard equipment is driving demand.
Advancements in lithium-ion battery technology have increased the runtime of cordless lawn mowers manifolds. New models offer battery runtime of up to 90 minutes on a single charge. Self-propelled models with brushless motors further improve efficiency.
Market Trends
Popularity of robotic lawn mowers - Robotic lawn mowers automate grass trimming with minimal human supervision. Models from Husqvarna, Honda, and Worx can map lawn areas and mow independently.
Increased battery capacity and runtime - Manufacturers areFocusing on improving battery capacity and runtime. 60V and 80V lithium-ion battery systems are becoming common, providing uninterrupted mowing for large lawns.
Market Opportunities
Integration of IoT - Lawn mowers can incorporate IoT & cloud connectivity for remote monitoring, firmware updates and data analytics on mowing patterns.
Focus on commercial applications - There is significant scope for cordless mowers adoption in commercial landscaping sector due to mobility and low maintenance benefits. Industry players can tap this untapped potential.
Impact of Covid-19 on Cordless Lawn Mower Market
The Covid-19 pandemic has significantly impacted the global Cordless Lawn Mower Market. During the initial lockdown phases of 2020, manufacturing and supply chain activities were halted due to labor shortage and restrictions on transportation. This led to reduced production volumes for key manufacturers. With people confined indoors, demand for gardening and landscaping equipment also witnessed a sharp decline. Sale of cordless lawn mowers across both online and offline retail channels nosedived.
However, as lockdown restrictions eased in several countries from mid-2020, the demand started picking up again gradually. Many homeowners spent more time at home gardening and maintaining their lawns which boosted requirements. Manufacturers ramped up production while following strict safety guidelines to fulfill pending orders. In 2021, market sees sustainable growth trajectory continuing as restriction lifts worldwide. Key players expect volumes to surpass pre-covid levels by late 2022-early 2023 provided no major resurgence of virus occurs.
Geographically concentrated regions for Cordless Lawn Mower Market
North America currently accounts for the largest share of the global Cordless Lawn Mower Market in terms of value. The presence of large housing constructions and established distribution networks of major brands drive sales. United States occupies more than half the North America market. Europe is another prominent regional market aided by high disposable income consumers and growing popularity of gardening. Within Europe, United Kingdom, Germany, France consume maximum number of cordless lawn mowers.
Fastest growing region for Cordless Lawn Mower Market
Asia Pacific region is projected to witness the highest growth during the forecast period for Cordless Lawn Mower Market. Rapid urbanization, increasing affluence, expansion of middle-class population are fueling garden equipment purchases. China, India and other Southeast Asian countries are experiencing massive infrastructure growth corresponding to new gated community developments and rise of nuclear families. This makes Asia Pacific a lucrative emerging market for cordless lawn mower manufacturers globally to tap into.
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About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.
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