Automower 435X AWD

The global robotic lawn mower market is expected to grow by nearly 22% over the next six years, reaching $1,400.62 million by 2025, according to a recent study conducted by Grand View Research, Inc. Specifically, a compound annual growth rate (CAGR) of 21.9% from 2019 to 2025 is predicted based on several driving factors over the forecast period. These include: the introduction of energy-efficient gardening equipment; rising popularity of green roofs; rising adoption of gardening as a hobby; and rising disposable incomes. Key suggestions from the report include: Based on battery type, the 20V to 30V segment accounted for the largest robotic lawn mower market share in 2018. It is expected to remain the dominant segment over the forecast period as well. The residential segment is expected to emerge as the largest segment of the market by the end of the forecast period. This can be attributed to the rapid expansion of the residential construction sector, especially across developing economies. An upsurge in the demand for landscaping services and the popularity of gardening as a hobby in several countries is projected to spur the demand for a variety of robotic lawn mowers over the forecast period. Europe holds a significant share of the robotic lawn mower market (around 30% in 2018) and is likely to remain the dominant market over the forecast period. The vendor landscape of the robotic lawn mower market is highly consolidated and characterized by a high level of competition with the presence of players such as ...