Lawn Mowers Market To Predict Global Expansion, Based On Rising Popularity Of Autonomous Or Robotic Lawn Mowers
Lawn Mowers Industry Overview The global lawn mowers market size is projected to reach USD 48.6 billion by 2030, registering a CAGR of 5.7%, according to a new report by Grand View Research, Inc. The industry growth witnessed a mild hiccup with supply disruptions from the impact of COVID-19 in 2020; however, the growth declined by not more than one percent. The newly minted work-from-home model paved the way for several consumers with more time to involve in gardening and lawn mowing activities. With households diverting funds from traveling to home landscape projects, the market reached pre-COVID levels in 2021. However, factors such as ongoing semiconductor shortage, rising labor costs, and materials associated with upgraded customer comforts, more robust frames, and high-quality mowers are influencing the lawn mower's prices, thereby limiting the market growth over the forecast period. Lawn Mowers Market Segmentation Grand View Research has seg...