North America Electric Lawn Mower Market, Competitive Landscape Analysis With Covid 19Forecast
The North America Electric Lawn Mower market is projected to grow at the rate of 6.7% to reach a valuation of US$ 9.62 Billion by 2032, up from US$ 5.05 Billion in 2022. Sales were valued at US$ 4.7 Billion in 2021, and are anticipated to reflect a Y-o-Y expansion rate of 7.4% in 2022.
In an era of increasing environmental consciousness, the North America electric lawn mower market has witnessed remarkable growth. As homeowners seek eco-friendly alternatives to traditional gas-powered mowers, electric lawn mowers have emerged as a popular choice. This market analysis explores the trends, drivers, and challenges shaping the North America electric lawn mower market.
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Report Attributes |
Details |
North America Electric Lawn Mower Market Size (2021A) |
US$ 4.7 Billion |
Estimated Market Value (2022E) |
US$ 5.05 Billion |
Forecasted Market Value (2032F) |
US$ 9.62 Billion |
North America Market Growth Rate (2022-2032) |
6.7% CAGR |
United States Market Share (2021) |
65.5% |
United States Growth Rate (2022-2032) |
7.3% CAGR |
Key Companies Profiled |
|
The Green Revolution
Environmental Awareness: One of the primary drivers behind the surge in electric lawn mower sales is the growing awareness of environmental issues. Consumers are making conscious choices to reduce their carbon footprint, and switching from gas to electric mowers aligns with this goal. Electric mowers produce zero emissions at the point of use, contributing to cleaner air and a healthier environment.
Reduced Noise Pollution: Electric lawn mowers are significantly quieter than their gas counterparts, making them an attractive option for urban and suburban homeowners. The reduction in noise pollution enhances the quality of life for people living in densely populated areas, where peace and quiet are highly valued.
Ease of Use and Maintenance: Electric mowers are easier to start and require less maintenance than gas-powered models. They eliminate the hassle of pulling cords, changing oil, or dealing with spark plugs, making them a convenient choice for homeowners of all skill levels.
Market Trends
Battery-Powered Dominance: Battery-powered electric mowers have become the preferred choice in North America due to their convenience and versatility. Advances in battery technology have led to longer run times, faster charging, and improved overall performance, making them competitive with gas mowers.
Robotic Mowers: The North American market has seen an increasing interest in robotic electric lawn mowers. These autonomous devices are equipped with sensors and GPS technology, allowing them to mow lawns with minimal human intervention. As smart home technology gains popularity, robotic mowers are expected to witness steady growth.
Corded vs. Cordless: Corded electric mowers are still relevant, particularly for those with smaller lawns. However, cordless models offer greater mobility and freedom, making them the preferred choice for larger properties. Manufacturers are focusing on developing high-capacity batteries to extend run times and meet the needs of various consumers.
Market Challenges
Initial Cost: Electric mowers tend to have a higher upfront cost compared to gas mowers. However, this is offset by long-term savings on fuel, oil, and maintenance. Manufacturers need to effectively communicate these benefits to potential buyers.
Limited Run Time: While battery technology has improved, some cordless electric mowers may still have limited run times, which can be a concern for homeowners with large lawns. This limitation is gradually being addressed through advancements in battery capacity.
Resistance to Change: Some consumers remain hesitant to switch from gas to electric mowers due to concerns about power and performance. Education and awareness campaigns are needed to dispel myths and showcase the capabilities of electric mowers.
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Conclusion
The North America electric lawn mower market is experiencing a significant shift toward sustainability and eco-friendliness. As environmental concerns continue to grow, electric mowers are expected to become the go-to choice for homeowners seeking greener alternatives to gas-powered equipment. With ongoing advancements in battery technology and a focus on innovation, this market is poised for sustained growth, offering consumers a range of efficient and environmentally responsible options for maintaining their lawns. As more consumers make the switch, the North America electric lawn mower market is set to contribute to a cleaner and more sustainable future for our communities and the planet as a whole.
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