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U.S. Ride-On Mowers Market Report 2022 to 2027: Increasing Influx of Alternative Fuel Options Presents Opportunities - ResearchAndMarkets.com

The "U.S. Ride-On Mowers Market - Comprehensive Study and Strategic Assessment 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The U.S. ride-on mowers market is expected to grow at a CAGR of 4.94% during 2022-2027.

The market is expected to witness shipments of around 2,491.02 thousand units in 2027. The rising growth can be attributed to the increasing popularity of landscaping services across the country due to the rising need to provide an aesthetic appeal to commercial and residential lawns and gardens.

Also, the surging investment in large lawn acreage of commercial properties as compared to residential units is boosting the demand for these services & hence the demand for riding lawn mowers from professional landscaping service providers in the market.

The country's government is making significant investments in the construction of outdoor open spaces. For instance, according to U.S. Census Bureau, in 2020, the local & state government of the country spent more than USD 10 billion on the construction of parks, sports infrastructure & community centers. Hence, such expansion of green spaces is boosting the U.S. ride-on mowers market.

The manufacturer-led programs' growth further supports the U.S. ride-on lawn mowers market. The vendors are undertaking referral programs that reward existing customers for bringing in new ones. For instance, John Deere rewards the person who refers ZTrak Commercial Zero Turn Mower with a discount of USD 100 on purchasing parts, service, or equipment & also offers the referred person a discount voucher of USD 50.

The growing usage of artificial turf in sports facilities such as cricket pitches, football grounds, and others to escape from the high cost of regular mowing and other maintenance cost associated with fertilizers, water, and others is expected to hamper the demand for ride-on lawn mowers in the market during the forecast period.

Key Industry Highlights

  • Battery life, amount of power, and price are the primary concerns of consumers concerning battery-powered ride-on lawn mowers. With the growing usage of Li-ion batteries in riding lawn mowers and other equipment, the price is declining significantly, thereby influencing its purchase among customers.
  • Remote-controlled mowers, electronic speed control & tight turn technology, are recent trends gaining momentum in the U.S. ride-on lawn mowers market.
  • The declining yard size in U.S. households due to the increasing demand for larger homes is expected to push the demand for walk-behind mowers, thereby hampering the demand for ride-on mowers in the market.
  • The supply chain disruptions, labor shortages, and inflation significantly impacted the construction sector in 2020 and 2021. However, in 2022 and 2023, the spending on amusement & recreation construction is expected to increase by more than 7.5% and 6%, respectively, thereby offering substantial growth opportunities for the U.S. ride-on mowers market.

Key Questions Answered

1. How big is the U.S. ride-on mowers market?

2. What is the growth rate of the U.S. ride-on mowers market?

3. What will be the U.S. ride-on mowers market share in the number of units by 2027?

4. Who are the key players in the U.S. ride-on mowers market?

5. What are the market trends impacting the U.S. ride-on mowers market?

Market Dynamics

Opportunities & Trends

  • Growing Landscaping Industry
  • Increasing Influx of Alternative Fuel Options
  • Internet Shaping End-User Purchasing Behavior

Enablers

  • Growing Demand from Golf Courses
  • Growing Manufacturer-Led Programs & Initiatives
  • Increasing Penetration of Recreational Facilities

Restraints

  • Growing Usage of Artificial Grass & Rise in Xeriscaping
  • High Upfront Cost & Longer Replacement Cycle
  • Eroding Vendor Margins Due to Volatility in Raw Material Prices

Market Segmentation

  • The zero-turn lawn mowers are expected to add a revenue of USD 425 million by 2027.
  • The revenue from battery-powered ride-on mowers is expected to reach USD 1 billion by 2027 due to the increasing developments in the battery run time and declining cost due to better economies of scale.
  • In 2021, the golf course & other sports arenas segment accounted for a revenue share of 30.84% in the U.S. ride-on mowers market. These segments are expected to witness significant growth due to increased user participation and government spending to support golf grassroots development efforts.

Segmentation by Product

  • Standard Ride-On
  • Zero-Turn
  • Lawn Tractors
  • Garden Tractors

Segmentation by Fuel Type

  • Gasoline-Powered
  • Battery-Powered
  • Propane-Powered

Segmentation by End-User

  • Professional Landscaping Services
  • Golf Courses & Other Sports Arenas
  • Residential
  • Government & Others

Segmentation by Transmission Type

  • Hydrostatic
  • Electric Motor
  • Manual
  • Others

Segmentation by Drive Type

  • Two Wheel Drive
  • Four Wheel Drive

Segmentation by Start Type

  • Push Start
  • Key Start

Segmentation by Blade Type

  • Standard Blades
  • Mulching Blades
  • Lifting Blades
  • Cylinder Blades

Segmentation by Distribution Channel

  • Offline
  • Online

Segmentation by Geography

  • Southern US
  • Western US
  • Midwest US
  • Northeastern US

Key Vendors

  • Ariens Company (AriensCo)
  • Deere & Company
  • Honda
  • Husqvarna Group
  • Kubota Corporation
  • Stanley Black & Decker
  • STIGA Group
  • The Toro Company

Other Prominent Vendors

  • AGCO
  • Altoz
  • AS-Motor
  • Bad Boy Mowers
  • Bobcat Company
  • Briggs & Stratton
  • Chervon Group
  • Emak Group
  • Generac Power Systems
  • Greenworks Tools
  • Masport
  • Metalcraft of Mayville
  • STIHL
  • SUMEC Group Corp.
  • Swisher Inc.
  • Techtronic Industries
  • Textron Inc.
  • The Grasshopper Company
  • Walker Manufacturing
  • Wright Manufacturing
  • Yangzhou Weibang Garden

For more information about this report visit https://www.researchandmarkets.com/r/jezzse-s-ride-on?w=4

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ResearchAndMarkets.com

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