Global Robotic Lawn Mower Market Overview

Global Robotic Lawn Mower Market Overview

WESTFORD, USA, Dec. 12, 2022 (GLOBE NEWSWIRE) — The report finds that Global robotic lawn mower market It is currently valued at US$1.48 billion and is expected to grow at a CAGR of 15.5% through 2028. In 2021, an estimated 1.2 million units were sold worldwide, and this is expected to increase to 6.6 million units by 2020. 2028. One of the main drivers of this growth is the increasing use of artificial intelligence and automation in robotic lawn mowers.

The global robotic lawn mower market is still in its infancy stages of development, with only about 7% of total global lawn mower sales being attributed to robots. However, our industry analyst believes that this number will grow rapidly in the coming years as robots become increasingly sophisticated and affordable. One of the main findings of the report is that the North American market presents a significant opportunity for robotics manufacturers. This is due to the relatively high level of awareness among North American consumers and the fact that many of the leading manufacturers are located in the region.

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As these technologies continue to evolve, robotic lawn mowers are becoming more efficient and easier to use. This makes them more attractive to a wide range of consumers, including those who may not have considered a traditional lawn mower. The report also found that the price of robotic lawn mowers has fallen in recent years, making them more affordable for consumers. This is another important factor driving growth in the market. As the global robotic lawn mower market continues to grow, SkyQuest predicts that competition will intensify among manufacturers.

Asia Pacific will continue to grow fastest, with a compound annual growth rate of 21.3%

The robotic lawn mower market in Asia Pacific is growing rapidly, with sales increasing by 21.3% each year. The majority of robotic lawn mowers are sold in Europe and North America, but the Asia Pacific region is also becoming an important market. The main drivers for the growth of robotic lawn mowers are convenience and cost savings. Robotic lawn mowers can reduce the time you spend grooming your lawn by up to 80%, and they also have the potential to save you money on fuel and other maintenance costs.

SkyQuest’s analysis also identified several challenges that need to be addressed before robotic lawn mowers become more widespread. These include the machines’ high initial costs, concerns about their durability and reliability, and the lack of a clear value proposition to consumers. Despite these challenges, our analyst believes that the robotic lawn mower market has great potential and could become a major force in the lawn care industry in the coming years.

The smart lawn mower is seeing increasing acceptance among consumers

The growing demand for smart robotic lawn mowers indicates that homeowners are becoming more interested in this new technology. Several companies have developed robotic lawn mowers that can mow the lawn automatically while you are away from home. This can be a convenient way to keep your lawn looking its best without having to put in the effort on your own.

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There are several factors that have contributed to the growing demand for smart robotic lawn mower market. The first is the growing popularity of robotic vacuums. Many people have found that these devices can save them a lot of time and effort when it comes to cleaning their homes. The same applies to robotic lawn mowers – they can take care of the tedious task of mowing the lawn, freeing up time to do other things.

Another factor that has likely contributed to the growing demand for smart robotic lawn mowers is the advances that have been made in artificial intelligence (AI) and robotics technology in recent years. This has made it possible for these devices to become more sophisticated and efficient in performing their tasks. As AI and robotics technologies continue to advance, the demand for smart robotic lawn mowers will likely continue to grow as well.

Lower product cost to give impetus to the global robotic lawn mower market

The report states that these bots will grow in popularity over the next seven years due to lower prices and improved features. The market is expected to grow from $1.48 billion in 2021 to $4.06 billion by 2028. One of the main reasons for this growth is that robotic lawn mowers are becoming more affordable. In 2021, the average price for a robotic lawn mower is $1,499. By 2028, this is expected to drop to $1,099. This decline is due to lower prices for key components such as sensors and actuators. Another major driver for the growth of the robotic lawn mower market is the lower cost of production. This is mainly due to the advancement in technology that has made it possible to mass produce these devices at a lower cost. As a result, more people are able to purchase robotic lawn mowers, which leads to further growth in the market.

In addition to robotic lawn mowers becoming more affordable, they have also become more capable. Newer models are able to handle more complex arenas with a variety of obstacles. This is due to advances in sensor technology and artificial intelligence. The report from SkyQuest is positive news for those considering purchasing a robotic lawnmower.

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The major players in the global robotic lawn mower market

  • Husqvarna Group (Sweden)
  • Robert Bosch GmbH (Germany)
  • Deere & Company (USA)
  • STIGA SpA (Italy)
  • HONDA MOTOR CO., LTD. (Japan)
  • Hitachi Ltd. (Japan)
  • LawnMaster (United States)
  • Toro Corporation (USA)
  • GLOBGRO AB (Sweden)
  • LawnMaster (United States)
  • Toro Corporation (USA)
  • GLOBGRO AB (Sweden)
  • ANDREAS STIHL AG & Co. KG (Germany)
  • Robin Autopilot (USA)
  • Robomow Friendly House (Israel)
  • WOLF-Garten (Germany)

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