ASIA PACIFIC ROBOTIC LAWN MOWER MARKET FORECAST 2019-2027

ASIA PACIFIC ROBOTIC LAWN MOWER MARKET FORECAST 2019-2027

  • April 2019 •
  • 70 pages •
  • Report ID: 5762020 •
  • Format: PDF
KEY FINDINGS
The robotic lawn mower has an accompanying navigation system that helps the device to track the area required to be mowed, cutting equipment that is the main functional unit of the device, carries out two-way interactions with the user, and an efficient energy management system.
The Asia Pacific robotic lawn mower market is anticipated to grow at the most rapid pace during the forecasting years of 2019-2027 with a CAGR of 17.79% and 17.22% in terms of value and volume respectively. The market will capture $xx million by 2027. The economies of China, India, Japan, South Korea, Australia, and the remaining countries collectively forming the Rest of Asia Pacific regional segment majorly contribute in terms of revenue to the Asia Pacific regional market.

MARKET INSIGHTS
Increase in urbanization in the APAC region has led to a rise in housing activity, which in turn is expected to boost the robotic lawn mower market during the forecasting years.Also, several upcoming events in Asia are pushing the need to enhance the aesthetic appeal of various sports stadiums and fields where the landscaping plays a crucial role.

This will subsequently trigger the application of robotic lawn mower as an efficient gardening tool.
Furthermore, the rise in the construction of new residential properties is projected to boost the demand for remodeling services, thereby increasing the demand for robotic lawn mowers as they are the latest trend in the market.

COMPETITIVE INSIGHTS
Deere & Company, the Kobi Company, Husqvarna Group, LG Electronics, Stiga S.P.A., Honda Motor Co., Ltd., Robert Bosch GmbH, Hitachi, Ltd., MTD Products Inc., and Zucchetti Centro Sistemi S.P.A. are the major companies operating in the market that are mentioned in the report.

Companies mentioned
1. DEERE & COMPANY
2. HITACHI, LTD.
3. HONDA MOTOR CO., LTD.
4. HUSQVARNA GROUP
5. LG ELECTRONICS
6. MTD PRODUCTS INC.
7. ROBERT BOSCH GMBH
8. STIGA S.P.A
9. THE KOBI COMPANY
10. ZUCCHETTI CENTRO SISTEMI S.P.A