Global Riding Mowers Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
21 Oct, 2021
The riding mowers market consists of sales of riding mowers by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing riding mowers which are lawnmowers on which the operator is seated, unlike mowers which are pushed or towed. Riding mowers use a horizontal rotating blade system, though usually with multiple blades. Only goods and services traded between entities or sold to end consumers are included.
Global Riding Mowers Market Size And Drivers:
The global riding mowers market is expected to grow from $11.7 billion in 2020 to $12.46 billion in 2021 at a compound annual growth rate (CAGR) of 6.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $15.14 billion in 2025 at a CAGR of 5%. The rise in lawn care and gardening activities and large garden areas in public places, schools, and recreational places drive the riding mowers market.
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Trends In The Global Riding Mowers Market
The launch of technically-advanced lawn mowers, such as robotic lawnmowers is gaining popularity in the riding mowers market. The robotic lawnmowers have gained popularity, owing to their durability and great working efficiency. For instance, in May 2019, WORX has introduced two new Landroid robotic mowers that incorporate the latest features to enable the machines to mow lawns up to a quarter- and a half-acre. In January 2019, iRobot Corporation developed Terra and works based on Imprint smart mapping technology that can be operated through iRobot Home App.
Global Riding Mowers Market Segments:
The global riding mowers market is further segmented –
By Type: Rear Engine Riding Mowers, Tractors (includes lawn and garden tractors), Zero Turning Radius (ZTR) Mowers
By End User: Residential, Commercial
By Fuel Type: Gas-powered, Propane-powered, Electric-powered, Cordless/Battery, Electric-corded
By Geography: The global riding mower market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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https://www.thebusinessresearchcompany.com/report/riding-mowers-global-market-reportRiding Mowers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides riding mowers market overviews, analyzes and forecasts market size and growth for the global riding mowers market, riding mowers market share, riding mowers market players, riding mowers market segments and geographies, riding mowers market’s leading competitors’ revenues, profiles and market shares. The riding mowers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.