May 30, 2022
As per the latest 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 is anticipated to accrue USD 825 million by 2027.
The spike in demand for lawn maintenance in commercial areas, revived passion for gardening among people with inclination for backyard landscaping & beautification and cookouts, in consort with cost-effectiveness and lower maintenance & operation costs are all the factors stimulating the growth of North America electric zero turn mower market.
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On the downside, the outbreak of COVID-19 led to strict lockdowns and restricted movements, eventually deflating the industry expansion in 2020, following the plummeted supply of mowers in the U.S. However, mower manufacturing companies are likely to seize the opportunities in recent times, thanks to the growing popularity of remote-controlled products, increasing lawn maintenance activities, and high number of golf courses.
Based on the application spectrum, North America electric zero turn mower industry is categorized into non-residential (playgrounds, golf course), and residential. The non-residential segment accounted for USD 380 million in 2020 and is predicted to grow significantly through 2027, because of the growing investments to enhance public locations, and development of commercial spaces like green buildings, gardens, tourist places, and golf course.
Similarly, the playground application is expected to hold 95% market share by 2027, owing to government initiatives to adopt the battery-powered mowing equipment, and significant investments in developing parks and local amenities.
Moving on to regional outlook, the U.S market is projected to be valued at around USD 750 million by 2027, owing to the rising number of golf course facilities, and the increasing adoption of modern gardening tactics.
Speaking of the competitive landscape, Cub Cadet, EGO Power+, Gravely, Ryobi Tools, GreenWorks Commercial, and Mean Green Mowers are prominently influencing North America electric zero turn mower market trends.