Dublin, May 29, 2018 (GLOBE NEWSWIRE) -- The "Robotic Lawn Mower Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.
The global robotic lawn mower market is estimated to reach values of around $3 billion 2023, growing at a CAGR of more than 15% during 2017-2023.
The increasing focus on development in Western European countries such as Germany and France and Nordic countries such as Sweden will augment the growth of the market. The increasing focus on use grounds maintenance services extensively and rising number of lifestyle communities and public parks will drive the demand for these lawn mowers in the global market. The proliferation of the Internet and its power to influence end-users purchasing behavior will have a positive impact on the growth of the global robotic lawn mower market. The extensive use of online platforms and digital channels to research on pricing and other related information will help vendors reach a wide group of target audiences in the global market. The marketers and retailers are adopting omnichannel retailing to facilitate seamless shopping experience for end-users in the market.
The increasing penetration of wireless broadband internet, adoption of smartphones and tablets, and rising number of social media users are some of the major factors encouraging retailers to use the internet for expanding their distribution network in the global market. The emergence of digital consumerism and the adoption of e-commerce business platforms will revolutionize the global market. Amazon, RobotShop, and eBay are the leading online retail website for lawn mowers in the global market. The global robotic lawn mower market is moderately concentrated with the presence of few small and large consumers. The competition in the market is very intense, and the major global vendors are based and headquartered in the European region. The top companies are launching product lines of garden products in both the corded and cordless battery-operated equipment to sustain the competition in the market.
The players are focusing on reducing weight, increasing the effectiveness, and speed of the equipment to attract more consumers in the global market. The introduction of many innovative and cutting-edge lawn mowers to gain a larger robotic lawn mower market share. The leading vendors in the global market will compete in the terms of services, product availability, price, technology, quality, efficiency, and product effectiveness during the forecast period. The major vendors in the global market are:
- Husqvarna
- MTD Products
- Robert Bosch
- STIGA (Global Garden Products)
- Zucchetti Centro Sistemi (ZCS)
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process 4 Report Coverage 4.1 Market Definition 4.2 Base Year 4.3 Scope of Study 4.3.1 Market Segmentation by Lawn Area Type 4.3.2 Market Segmentation by End-user Type 4.3.3 Market Segmentation by Geography 5 Report Assumptions & Caveats 5.1 Key Caveats 5.2 Inclusions 5.3 Exclusions 5.4 Currency Conversion 5.5 Market Derivation 6 Market at a Glance 7 Introduction 7.1 Overview 7.2 Working System 7.3 Advantages 7.4 Macro-Economic Factors Enabling Market Growth 7.4.1 Economic Development 7.4.2 Per Capita GDP in Developing Markets 7.4.3 Dual-income Households in Developed Markets 7.5 Dynamics of Landscaping Services Industry 7.5.1 Overview 8 Market Dynamics 8.1 Market Growth Enablers 8.1.1 Resolution of Safety Hazards of Traditional Lawn Mowers 8.1.2 Decreased Time for Household Activities and Growth in Aging Population 8.1.3 Healthy Growth of Landscaping Services Industry 8.1.4 Growing Focus on Marketing Efforts and Promotional Activities by Vendors 8.1.5 YOY Impact of Market Growth Enablers 8.1.6 YOY Impact of Market Growth Enablers on Regions 8.2 Market Growth Restraints 8.2.1 Increased Competition from Chinese Vendors 8.2.2 Volatility in Raw Material Prices 8.2.3 Rise of Drought-tolerant Landscaping and High Adoption of Artificial Grass 8.2.4 YOY Impact of Market Growth Restraints 8.2.5 YOY Impact of Market Growth Restraints on Regions 8.3 Market Opportunities & Trends 8.3.1 Shifting Consumer Focus toward Smart Technology 8.3.2 Influence of Internet in Shaping End-users' Purchasing Behavior 8.3.3 Increased Adoption of Green Spaces and Green Roofs 8.3.4 YOY Impact of Market Opportunities & Trends 8.3.5 YOY Impact of Market Opportunities & Trends on Regions 9 Value Chain Analysis 9.1 Value Chain overview 9.2 Value Chain Analysis 9.2.1 Raw Material and Component Suppliers 9.2.2 Manufacturers 9.2.3 Distributors/Dealers/Retailers 9.2.4 End-user 10 Market Landscape 10.1 Global Power Garden Equipment market 10.1.1 Market Overview 10.1.2 Market Size & Forecast 10.2 Global Power Lawn Mower Market 10.2.1 Market Size & Forecast 10.3 Global Robotic Lawn Mower Market 10.3.1 Historical Data 2013-2016 10.3.2 Market Size & Forecast 2017-2023 10.4 Porter's Five Forces Analysis 10.4.1 Threat of New Entrants 10.4.2 Bargaining Power of Suppliers 10.4.3 Bargaining Power of Buyers 10.4.4 Threat of Substitutes 10.4.5 Competitive Rivalry 11 Market by Lawn Size 11.1 Market Overview 11.2 Small-sized Segment 11.2.1 Market Size & Forecast 11.3 Medium-sized Segment 11.3.1 Market Size & Forecast 11.4 Large-sized Segment 11.4.1 Market Size & Forecast 12 Market by End-Users 12.1 Market Overview 12.2 Market Size & Forecast 12.2.1 Residential End-users 12.2.2 Professional Landscaping Services 12.2.3 Sports Fields, Golf Courses, and Others 13 Market by Distribution Channel 13.1 Market Overview 13.2 Manufacture, Production, and Distribution 13.3 Distribution through Retail Stores 13.4 Distribution through Online Websites 14 Market by Geographical Segmentation 14.1 Market Overview 15 Europe: Robotic Lawn Mower Market 16 North America: Robotic Lawn Mower Market 17 APAC: Robotic Lawn Mower Market 18 ROW: Robotic Lawn Mower Market 19 Competitive Landscape 19.1 Market Overview 19.2 Market Structure and Mapping of Competition 19.2.1 Herfindahl-Hirschman Index 19.3 Market Share Analysis 19.3.1 Husqvarna 19.3.2 MTD Products 19.3.3 ZCS (Zucchetti Centro Sistemi) 19.3.4 STIGA (Global Garden Products) 19.3.5 Robert Bosch 20 Key Company Profiles 20.1 Husqvarna 20.2 MTD Products 20.3 Robert Bosch 20.4 STIGA 20.5 Zucchetti Centro Sistemi (ZCS) 21 Other Prominent Vendors 21.1 AL-KO 21.2 Yamabiko Europe (Belrobotics) 21.3 Deere & Co. 21.4 E.ZICOM 21.5 Hangzhou Favor Robot Technology 21.6 Hitachi 21.7 Honda 21.8 Linea Tielle 21.9 LG 21.10 Milagrow HumanTech 21.11 Mamibot EU 21.12 SUMEC (Yard force) 21.13 Positec Tool (WORX) 21.14 Robin Technologies 21.15 STIHL 21.16 The Kobi Company 21.17 Turflynx 21.18 Zhejiang Tianchen Intelligence & Technology 22 Report Summary 22.1 Key Takeaways 22.2 Strategic Recommendation 22.3 Qualitative Summary: Global Robotic Lawn mower Market 22.4 Quantitative Summary: Global Robotic Lawn mower Market
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