Global Robotic Lawn Mower market | Inkwood Research

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GLOBAL ROBOTIC LAWN MOWER MARKET

• FORECAST 2019-2027

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MARKET OVERVIEW
GLOBAL ROBOTIC LAWN MOWER MARKET FORECAST
2019-2027

• A smart robotic lawn mower is characterized by
  intelligent visual navigation and its ability to
  integrate with the internet and control through a
  smartphone application.
• It is fitted with a navigation system that
  enables the device to track the area required to
  be mowed, cutting equipment that is the main
  functional unit of the device, two-way
  interactions with the user, and an efficient
  energy management system.
• The global robotic lawn mower market segments
  include technology and end-user. The raw
  materials constitute the single largest cost
  component in the robotic lawn mower market.
• So fluctuations in their prices can severely
  impact the market growth for the robotic lawn
  mowers. But, increased penetration of internet
  services, improved economy, and upgrading of
  purchase and delivery options with the emergence
  of m-commerce can pave the way for better access
  to the variety of options the marker provides to
  its customer base across the world.

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INTRODUCTION
KEY FINDINGS

• The global robotic lawn mower market is expected
  to proliferate at a CAGR of 11.07 and 12.78 in
  terms of value and volume respectively during the
  forecast period 2019-2027, as per the market
  analysis carried out by Inkwood Research.
• The elimination of safety hazards related to
  traditional lawn mowers and the reduction of time
  spent on household activities are mainly
  responsible for the market growth.
• The robotic lawn mowers market is increasingly
  getting commoditized with many low-cost models
  being introduced in the market regularly in each
  year. Therefore, vendors are focusing on
  futuristic products.

• Global by Robotic Lawn Mower market by Range
  Covered, by End user by Geography.

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Infographic
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NORTH AMERICA ROBOTIC LAWN MOWER MARKET

• The global robotic lawn mower market is expected
  to proliferate at a CAGR of 11.07 and 12.78 in
  terms of value and volume respectively during the
  forecast period 2019-2027, as per the market
  analysis carried out by Inkwood Research.
• The elimination of safety hazards related to
  traditional lawn mowers and the reduction of time
  spent on household activities are mainly
  responsible for the market growth.
• The US market holds the maximum share in the sale
  and distribution of diabetes drugs.

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EUROPE ROBOTIC LAWN MOWER MARKET

• A robotic lawn mower is a service robot that is
  an intelligent machine and can perform a variety
  of complex and simple tasks that might be
  time-consuming or repetitive.
• They are mainly employed to mow lawns, yards,
  gardens, parks, golf courses and other commercial
  properties.
• The Europe robotic lawn mower market is expected
  to escalate at a CAGR of 8.84 in terms of value
  and 10.91 in terms of volume respectively.
• The United Kingdom, France, Germany, Italy,
  Spain, Sweden, Switzerland, Austria, Belgium,
  Netherlands, Russia and the Rest of Europe are
  the major regions in Europe that contribute
  massively to the market advancement.

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ASIA PACIFIC ROBOTIC LAWN MOWER MARKET

• The robotic lawn mower has an accompanying
  navigation system that helps the device to track
  the area required to be mowed, cutting equipment
  that is the main functional unit of the device,
  carries out two-way interactions with the user,
  and an efficient energy management system.
• The Asia Pacific robotic lawn mower market is
  anticipated to grow at the most rapid pace during
  the forecasting years of 2019-2027 with a CAGR of
  17.79 and 17.22 in terms of value and volume
  respectively.
• The market will capture xx million by 2027. The
  economies of China, India, Japan, South Korea,
  Australia, and the remaining countries
  collectively forming the Rest of Asia Pacific
  regional segment majorly contribute in terms of
  revenue to the Asia Pacific regional market.

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COMPETITIVE INSIGHTS

• MTD Products Inc., LG Electronics, Deere
  Company, Robert Bosch GmbH, Honda Motor Co.,
  Ltd., Husqvarna Group, Hitachi, Ltd., the Kobi
  Company, Stiga S.P.A., and Zucchetti Centro
  Sistemi S.P.A. are the major companies
  contributing to the market advancement, which
  have been profiled in the report. These companies
  are using organic and inorganic strategies for
  growth. For instance, in 2018, Deere had launched
  multiple models, namely, the John Deere 6080A,
  6500A, and 6700A PrecisionCut fairway mowers.
  Product launches can help any company to
  penetrate further into the consumer base and
  expand its reach.

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