DUBLIN–(BUSINESS WIRE)–The “Asia-Pacific Lawn Mower Market Outlook, 2027” report has been added to ResearchAndMarkets.com’s offering.
The Asia-Pacific region has shown tremendous growth in the lawn mower industry due to rapid urbanization into residential and commercial sectors across various countries. In Asia-Pacific region, grassland ecosystems cover a huge area of the total land. In addition to that several upcoming events in Asia-Pacific region are pushing the need to improve the appearance of various sports stadiums and field.
Further, this factor is expected to trigger the applications of robotic lawn mower as an effective tool. For instance, the upcoming global sporting events such as the Japan Olympics and the Winter Olympics Games China 2022 are expected to boost the demand for enhanced performance and appearance of the hosting venues.
According to the research report, the lawn mower market is anticipated to grow with compound annual growth rate of 7.07% during the forecast period. The growing demand for gardens and lawns in the region is expected to drive the market growth. The Asia-Pacific region is projected to lead the global market in terms of growth rate during the forecast period with increasing construction rate in various developing countries.
The Asia-Pacific lawn mower market is segmented into five prominent countries such as China, Japan, India, Australia and South Korea. Among these countries, China is projected to lead the Asia-Pacific lawn mower market by 2027.
Eco-city development projects and urban greening projects pushed by the government agencies are expected to be the driving factor for China lawn mower market. Further, India and China are expected to observe significant growth in construction over the next decade.
In addition to that, growing sales of new homes creates higher demand for lawn and garden equipment. Even without a real estate boom, prevailing attitudes and trends directs towards the demand for lawn mowers will likely continue to grow by the forecast period.
On the other hand, Japan is estimated to be the fastest growing country due to increasing penetration of smart technology across the country. Based on the end users, Asia-Pacific lawn mower market is segmented into four types that include residential, professional landscaping services, golf courses and government end user. Among these end users, residential segment is anticipated to acquire more than 70% of market share during the forecast period. Higher adoption of lawn mowers into household applications is anticipated to drive the market growth for this segment.
Aspects covered in this report
Regions covered in the report
Types of Product in the report:
By End User in the report:
Type of Fuel in the report:
By Drive Type in the report:
By Blade Type in the report:
Key Topics Covered:
1. Executive Summary
2. Report Methodology
3. Market Structure
4. Economic /Demographic Snapshot
5. Global Lawn Mower Market Outlook
6. Asia-Pacific Lawn Mower Market Outlook
7. Market Dynamics
8. Market Trends and Developments
9. Company Profiles
10. Strategic Recommendations
11. Disclaimer
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/e2wbt
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