Robotic Lawn Mowers Market
Robotic Lawn Mowers Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0852
Segments Covered
By
Product Solar, Battery
-
By
Application Residential, Commercial, Other
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
634.52 Million |
 Revenue 2028:
|
1875.83 Million |
 Revenue CAGR
(2021 - 2028): |
14.5 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Robotic Lawn Mowers Market - Global Market Assessment, 2021 - 2028
The global Robotic Lawn Mowersmarket research study is based on a comprehensive research methodology that is used to arrive at the market estimations and forecasts. This methodology aid analysts and to learn and understanding market facts and insights from the innermost levels of the market. The whole research process involves 3 major activities: Secondary Research, Primary Research, and Data Triangulation. Secondary resources are utilized to gain insights on the market and later primary research is conducted to revalidate the information and conclusion derived from the secondary research. Out of the total primary respondents, 24% were from North America, 29% were from Europe, 31% were from the Asia Pacific, and the rest of the respondents were from Latin America and MEA.
Secondary Research
Primary Research:
The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the Robotic Lawn Mowers supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:
- Robotic Lawn Mowers market size at regional and country level
- Understanding market developments, future growth prospects, and upcoming challenges
- Overview of the Robotic Lawn Mowers supply chain and overall ecosystem
Data Triangulation and Market Size Estimations
The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the Robotic Lawn Mowers market.
FAQ
Frequently Asked Question
What is the global demand for Robotic Lawn Mowers in terms of revenue?
-
The global Robotic Lawn Mowers valued at 634.52 Million in 2020 and is expected to reach 1875.83 Million in 2028 growing at a CAGR of 14.5%.
Which are the prominent players in the market?
-
The prominent players in the market are LawnBott, Franklin Robotics, Robert Bosch GmbH, Husqvarna, Wolf-Garten, WORX, Hangzhou Favor Robot Technology, Robomow, Kobi..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 14.5% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Robotic Lawn Mowers include
- The increasing benefits of robotic lawn movers are anticipated to augment the growth of the market over the forecast period. The robotic lawn movers require less energy in comparison to traditional lawn mowers and robotic lawn mower is also safer in comparison to the conventional lawn mowers.
- The robotic lawn mower performs silent and dust-free operations which are also expected to support the growth of the robotic lawn mower market in the years to come.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Robotic Lawn Mowers in 2020.
