December 08, 2021
According to the research report titled ‘North America Electric Zero Turn Mower Market Forecast 2027 By Application, Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share’, available with MarketStudyReport, North America electric zero turn mower market value is projected to amass USD 825 million by 2027.
As per the report findings, the growth of electric zero turn mower market in North America is primarily driven by surging demand for eco-friendly lawn maintenance in commercial areas, and rising interest of Americans in gardening activities such as backyard cookouts, enhancing backyard, and landscaping.
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High demand for zero-turn mowers in the United States and Canada has added to the popularity of battery-powered mowers as they help reduce noise and air pollution. Moreover, growing involvement of companies in the electrification of garden mowers and lawns due to benefits such as decreased operating and maintenance costs is strengthening the market demand.
The expansion of commercial spaces, such as golf courses, tourist attractions, gardens, and green buildings, will further boost product demand in the upcoming years, claims the study.
Speaking of restraints, the COVID-19 pandemic outbreak and following lockdowns has had a negative impact on the demand-supply of mowers in the United States. However, with an expanding scope for lawn activities and remote-controlled devices, mower manufacturers are likely to take advantage of the profitable prospects.
As per application spectrum, non-residential segment garnered USD 380 million valuation in 2020 and is slated to observe considerable growth, owing to rising investments for beautification of public spaces.
Meanwhile, playground segment is expected to account for 95% of North America electric zero turn mower market share, creditable to favorable government initiatives towards battery-powered mowing equipment. The significant investment in leisure facilities and parks is expected to help the segment gain traction in the ensuing years.
Geographically, United States market is expected to garner a valuation of USD 750 million by 2027, owing to increasing number of golf course facilities and landscaping operations. As per Environmental Management, the nation has roughly 40 million acres of lawn and gardens. The paradigm shift in gardening technologies, with integration of GPS-equipped products, is likely to add to the regional market expansion.
Coming to competitive terrain, Mean Green Mowers, Cub Cadet LLC, EGO Power+, Greenworks Commercial, Gravely, and Ryobi Tools are the key organizations impacting North America electric zero turn mower industry dynamics.