NEW YORK, Nov. 27, 2022 /PRNewswire/ — The robotic lawn mower market size is forecasted to increase by 1,069.21 million from 2022 to 2027, at a CAGR of 15.73%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing demand from the commercial segment, continuous product developments, and the aging population.
Technavio categorizes the global robotic lawn mower market as a part of the household appliances market, which covers revenue generated by manufacturers of electric household appliances and related products.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the Sample Report
Technavio has extensively analyzed 15 major vendors, including AL-KO SE, ANDREAS STIHL AG & Co. KG, Echo Inc., Globgro AB, Hangzhou Favor Robot Tech Co. Ltd., Honda Motor Co. Ltd, Husqvarna AB, Irobot Corp., LG Electronics Inc., LINEA TIELLE srl, Mamibot Manufacturing USA Inc., Mowbot, MTD Products Inc., Ningbo Ngp Industry Co., Robert Bosch GmbH, STIGA Spa, The Kobi Co., The Toro Co., YAMABIKO Corp., and Zucchetti Centro Sistemi Spa.
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