The robotic lawn mower accessories market size is expected to advance at a CAGR of 5.30% during 2022–2030, to reach USD 480 million by 2030.
The upgradation in the artificial intelligence (AI) technology has driven the demand for mobile robots, by making them more efficient. The increasing rate of automation in machinery is expected to reduce operational costs and increase the usage of domestic robots for different applications, such as lawn mowing and cleaning.
Moreover, the growing urbanization across different regions has led to a rise in the count of residential buildings and communities with lawns. According to a government source, 68% of the global population will live in cities by 2050, up from 55% in 2018. In the coming years, companies are expected to introduce robotic mowers to cater to the rising demand for technologically advanced gardening equipment. Additionally, with the increasing number of consumers seeking convenience, Wi-Fi, GPS, and other technologies are being incorporated into these products, thus accelerating the demand for accessories for robotic lawn mowers in the future.
Europe is expected to contribute the highest revenue to the global market and witness a significant CAGR over the forecast period. The increasing usage of lawn mowers and other automated landscaping devices drives the demand for their accessories in the region. Additionally, the swift consumer shift from gasoline-based, manual lawn mowers to battery-powered, robotic ones is promoting the market growth in Europe. Essentially, the rising usage of these products in the U.K. and the Netherlands is expected to propel the market growth in Europe.
The Asia-Pacific robotic lawn mower accessories market is expected to exhibit the fastest growth during the forecast period. The increasing disposable income, coupled with the growing population interested in gardening activities, is expected to enhance the traction for these landscaping machines and their afterparts.
The residential sector held the largest share, of 60%, of the global revenue in 2022. This healthy demand for landscaping equipment in homes is attributed to the growing implementation of remote working models worldwide, which is providing people more time for different leisure activities, including DIY gardening, in homes.
The commercial sector is expected to be the fastest-growing category over the forecast period, on account of the expansion of educational institutions, municipal corporations, and business houses, many of which have sprawling campuses with lots of greenery.
The offline sales channel is dominant on the global market. The leading companies across the globe distribute lawn mower accessories through offline networks to enhance their customer reach. The sales through the conventional retail stores are higher owing to the fact that they offer higher customer satisfaction in comparison to the online channel.
Still, the online category is expected to show the faster growth, owing to the increasing number of convenience-seeking customers, coupled with the ease of purchase through online platforms.
Moreover, major companies are investing continuously in research and development for upgrading the features of robotic lawn mowers. Features such as laser vision, smart navigation, and lawn mapping have enhanced the efficiency of these machines. This will lead to an increase in the quality of gardening and landscaping and thus, propel the demand for the accessories of such equipment.
The key players in the robotic lawn mower accessories market are Robert Bosch GmbH, Husqvarna Group, STIGA S.P.A., AMTD Products Inc., Deere & Company, Greenworks Tools WORX, Alfred Kärcher SE & Co. KG, Grimsholm Products AB, and Zucceheti Centro Sistemi S.P.A.