The
global robotic lawn mower market since 2017 and the market size is
poised to grow by USD 436.16 million during 2020-2024, according to a new
report by Technavio, progressing at a CAGR of over 19% during the forecast period.
The market is driven by the increasing demand from commercial segment.
Also, the development of smart cities is anticipated to further boost the
growth of the robotic lawn mower market.
Robotic lawn mowers have emerged as an optimal solution for lawn mowing
in the residential sector. Over the years, technological innovations in
products have increased the popularity of these machines in the commercial
sector as well. Robotic lawn mowers require low maintenance and can efficiently
carry out lawn mowing activity in large garden areas with uneven ground surface
in commercial spaces. Furthermore, the cordless structure gives robotic lawn
mowers the flexibility to move around the garden landscape easily. These
factors have contributed the growth in demand for robotic lawn mowers from
commercial segment, thereby driving the growth of the market during the
forecast period.
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Major Five Robotic Lawn Mower Companies:
AL-KO KOBER SE
AL-KO KOBER SE has business operations under various segments, which
include Gardentech, Ventilation and air conditioning technology, and
Automotive. The company offers Robolinho robotic lawnmowers.
ANDREAS STIHL AG & CO. KG
ANDREAS STIHL AG & CO. KG offers power tools such as chain saws, saw
chains, guide bars, brushcutters, clearing saws, KombiSystem, MultiSystem,
cleaning systems, backpack mistblowers, hedge trimmers, cut-off machines,
concrete cutters, and products for tea plantation. The company offers iMOW
Robotic mowers.
Deere & Co.
Deere & Co. operates its business through three segments, which
include Agriculture and turf, Construction and forestry, and Financial
services. The company offers TANGO robotic lawn mower.
Honda Motor Co. Ltd.
Honda Motor Co. Ltd. has business operations under various segments,
which include Motorcycles, Automobiles, Financial services, and Life creation
and other businesses. The company offers Miimo robotic lawn mower.
Husqvarna Group
Husqvarna Group has business operations under various divisions, which
include Husqvarna, Gardena, Consumer brands, and Construction. The company
offers Automower robotic lawn mower. Some of the products under this brand name
include AUTOMOWER 115H, AUTOMOWER 310, AUTOMOWER 315 and others.
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