Zero-turn Mower Market 2022 - Market Size & Forecast,
Industry Trends, Manufacturers Analysis, & Opportunities 2030
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Introduction: -
Mowers are gardening tools that typically aid in maintaining or decorating
gardens, yards, and lawns. Zero-turn mowers are mowers with a turning radius
that is effectively zero. These mowers use rear wheels and their ability to
turn 180 degrees to enable the cutting of grass more effectively at desired
length or height. These mowers allow the cutting of grass twice as fast as conventional
lawn tractors. The most widely available zero-turn mowers include the entry-level,
mid-grade, and semi-professional variants, which are widely used for commercial
and residential landscaping applications. Apart from this, the commercial duty
and homeowner models also exist, with different fuel types (gasoline or
diesel), prices, engine power options, and the size of cutting decks. The
global zero-turn mower market includes players engaged in developing and
launching various zero-turn mowers and related technologies and products. The
zero-turn mower market is projected to expand at a compound annual growth rate
(CAGR) of 5.0% during the forecast period of 2022-2030.
Growth Drivers:
Consumers'
interest in gardening activities, including backyard beautification, backyard
cookouts, and landscaping across the globe, has been rising tremendously in the
last few years. Zero-turn mowers provide increased convenience in these
activities. Thus, along with the enhancing demand for effective gardening
solutions, the demand for zero-turn mowers is also surging among consumers
across the globe. Moreover, the consumers are also showing an increased
inclination towards using automated equipment in place of manual tools to
maintain sports fields, golf courses, parks, yards, and green spaces. Both
these factors are expected to significantly propel the growth of the global
zero-turn mower market during the forecast period of 2022-2030.
Additionally,
the market players present in the global zero-turn mowers market are seen to be
emphasizing the development and introduction of technologically advanced and
innovative zero-turn mowers with several variants and unique features into the
market. The most recent developments in the market include the emergence and
launch of remote-controlled and global positioning system GPS-equipped zero-turn
mowers, which allow the tracking, monitoring, and operation of equipment more
efficient and easier. These growing advancements by market players are aiding
in the rapid and considerable expansion of the global zero-turn mower market.
Moreover,
due to the growing consciousness among consumers regarding the environment, the
demand for environmentally-friendly machines for several household-related
activities has been increasing tremendously over the last few years. This increased
demand has led to the growing availability of zero-turn mowers powered by
battery or electricity, which has, in turn, resulted in their augmented
adoption and the overall development of the market.
Furthermore,
the rapidly changing lifestyles of people in the emerging nations across the
globe, the surging awareness regarding the benefits of green roofs, the
fast-paced expansion of the residential and commercial construction sector, and
the increasing development of smart cities and the construction of green roofs
are among other major factors contributing to the growth of the global zero-turn
mower market.
On the other
hand, the high cost of equipment and maintenance associated with zero-turn
mowers is expected to hamper the growth of the global zero-turn mower market to
some extent during the forecast period of 2022-2030.
Zero-turn Mower
Market Segmentation:
By Variant:
·
Entry-level
·
Mid-grade
·
Semi-professional
By Cutting Width:
·
Less than 50 Inches
·
50-60 Inches
·
More than 60 Inches
By Application:
·
Residential
·
Commercial
·
By Region:
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East and Africa
Zero-turn Mower Market: Cutting Width Review:
Based on cutting width, the global zero-turn mower market is segmented
into less than 50 inches, 50-60 inches, and more than 60 inches. The more than
60 inches segment led the market in 2021, and the trend is expected to continue
over the forecast period. The high preference of these mowers for commercial
applications due to their extended ground speeds is the major factor fueling
the growth of this segment. However, the 50-60 inches segment is predicted to
attain the highest growth of 5.85% during the forecast period of 2022-2030.
Zero-turn Mower Market: Application Review:
Based on application, the global zero-turn mower market is segmented into
residential and commercial.
The commercial segment acquired the largest share of 58.0% in 2021. The
segment is positioned to maintain its dominance further in the market during
the forecast period of 2022-2030. The escalating investments by the government
and various public authorities in the beautification of public spaces is the
major factor attributed to the large share of this segment. On the other hand,
the residential segment is estimated to witness growth at a CAGR of 5.5% during
the forecast period of 2022-2030. The growing urbanization worldwide and the
rising inclination of people towards gardening are predominantly expected to
drive the growth of this segment during the forecast period.
Regional
Outlook:
The zero-turn
mower research report offers detailed analysis and forecasts for five major
regions: North America, Europe, Asia Pacific, Latin America, and the Middle
East & Africa.
The North American
region captured the largest share of 38.0% in the global zero-turn mower market
in 2021. The region is projected to remain dominant throughout the forecast
period of 2022-2030. The presence of leading market players, the high adoption
of advanced mowing technologies and equipment due to the enhanced purchasing
power of people, the growing number of golf courses, and the increasing number
of landscaping activities due to the availability of wide-open spaces in the
region are the primary factors attributable to the large share and high growth
of the zero-turn mower market in North America. The U.S. and Canada are the top
contributors to the growth of the market in the region.
The Asia
Pacific region is predicted to experience the highest growth of 6.5% in the
global zero-turn mower market during the forecast period. This can be well
attributed to rapidly emerging nations such as India, China and Japan, the
ever-growing population base, the increasing popularity of western gardening
trends, the rapid growth of the construction industry, and the fast-paced
expansion of the commercial infrastructures in the region.
The report also
identifies the country market outlook for zero-turn mower, covering country-wise
market size, growth rate, market share, segmentation, leading players, current
trends, and opportunities.
Key Companies in
Zero-turn Mower Market:
The research
report offers a competitive analysis of prominent companies operating in the
global zero-turn mower market. Some of the leading players profiled in the
market research report include:
·
The Toro Company
·
Wright
·
Lastec
·
Weibang
·
Metalcraft Of Mayville Inc.
·
Stanley Black & Decker
·
Generac Holdings Inc.
·
Schiller Grounds Care (Bob-Cat)
·
Swisher
·
Greenworks Tools
·
Alamo Group
·
Country Clipper
·
Brute Manufacturers
·
Bigdog Mower
·
Bad Boy Mowers
·
Brookfield Property Partners L.P. (STIGA Spa)
·
Textron Inc.
·
Briggs & Stratton LLC.
·
MTD Products Inc.
· Other Players