DUBLIN--(BUSINESS WIRE)--Nov 7, 2022--
The "Robotic Lawn Mowers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
In the changed post COVID-19 business landscape, the global market for Robotic Lawn Mowers estimated at US$881.7 Million in the year 2020, is projected to reach a revised size of US$2.3 Billion by 2027, growing at a CAGR of 14.7% over the analysis period 2020-2027.
With Connectivity, one of the segments analyzed in the report, is projected to record 15.4% CAGR and reach US$1.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Without Connectivity segment is readjusted to a revised 13% CAGR for the next 7-year period.
The U.S. Market is Estimated at $260.7 Million, While China is Forecast to Grow at 14.1% CAGR
The Robotic Lawn Mowers market in the U.S. is estimated at US$260.7 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$398.7 Million by the year 2027 trailing a CAGR of 14.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13% and 12.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 10.7% CAGR.
What's New for 2022?
Select Competitors (Total 33 Featured) -
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/t72dvf
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KEYWORD:
INDUSTRY KEYWORD: TECHNOLOGY RETAIL HOME GOODS ROBOTICS
SOURCE: Research and Markets
Copyright Business Wire 2022.
PUB: 11/07/2022 06:22 AM/DISC: 11/07/2022 06:22 AM
http://www.businesswire.com/news/home/20221107005593/en