Global Robotic Lawn Mower Market : Key Players, Growth, Analysis 2020 to 2026
Robotic Lawn Mower Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of robotic lawn mower market by by range (low-range, medium-range, high-range robotic lawn mower), end user (residential, commercial), distribution channel (retail, online) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the robotic lawn mower market it includes the five years Industry analysis and the 6 years annual forecast from to 2026. Some of the prominent participants in the global robotic lawn mower market are Husqvarna Group, Robert Bosch, STIGA SPA, Yamabiko Corporation, Honda Motor Company, The Toro Company, AL-KO, STIHL Holding and CO.KG, Deere and Company, and WORX. The global robotic lawn mower market is projected to grow at a CAGR of 12.8% over the forecast period of 2020-2026.
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This Advantage of a Robotic Lawn Mower is Driving the Growth of the Market
The Robotic lawn mower is having less energy consumption in comparison to traditional lawnmowers. The design is built on a mobile robot that communicates with a smartphone through a Bluetooth module. It uses solar energy with the help of a solar panel and solar photovoltaic cells to run an electric motor. Also, this mower robot can be used automatically by using Arduino and ultrasonic sensors for obstacle detection. It is an innovative technology for cutting grass without any pollution, and so is environmentally friendly. This advantage of a Robotic lawn mower is driving the growth of the market.
Furthermore, the labor charge is increased day by day. This technology can help people who are living in rural areas. This project is mainly a proposal to reduce the manpower and usage of electricity. This is an alternate green option against the environmentally hazardous gas-powered lawnmower. This solar-powered lawnmower meets the challenge of environmental production and low cost of operation since there is no cost for fueling. This provides a significant growth opportunity for the market. However, the major drawbacks of this technology are that it creates noise pollution and air pollution. Also, an IC engine used in robotic lawnmower requires periodic maintenance such as changing the engine oil, mechanical maintenance.
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Europe Holds the Largest Market Share in the Robotic Lawn Mower Market
Europe holds the largest market share in the Robotic lawn mower market owing to the presence of several large and small-sized companies in this region. Furthermore, rapid urbanization along with the high rate of adoption of technologically advanced devices and increasing disposable income drive the demand for the Robotic lawn mower market in the European region. Furthermore, a growing number of commercial spaces, with the number of lawn areas also provide growing demand for the robotic lawn mower market in this region. Moreover, the Asia Pacific region is anticipated to grow with the fastest CAGR owing to the growing population and increasing construction and infrastructure development.
Robotic Lawn Mower Market: Segmentation
The report on the global robotic lawn mower market covers segments such as range, end user, and distribution channel. On the basis of range, the sub-markets include a low-range robotic lawn mower, medium-range robotic lawn mower, and high-range robotic lawn mower. On the basis of the end user, the sub-markets include residential, and commercial. On the basis of the distribution channel, the sub-markets include retail, and online.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the robotic lawn mower.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2026.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.