According to a new report, published by KBV research, The Global Zero Turn Mower Market size is expected to reach $5.3 billion by 2030, rising at a market growth of 10.2% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,58,032.6 units, experiencing a growth of 9.9% (2019-2022).
The Commercial segment is leading the Global Zero Turn Mower Market, by Application in 2022, thereby, achieving a market value of $3.2 billion by 2030. Commercial landscaping companies use zero-turn mowers for various tasks, such as mowing large lawns, maintaining commercial properties, and ensuring manicured landscapes for their clients. Schools, universities, and other educational institutions utilize zero-turn mowers to maintain campus lawns and grounds, providing students and staff with an attractive and safe environment.
The 50 to 60 inches segment is experiencing a CAGR of 10.4% during (2023 - 2030). This growth is responsible for consumer interest in horticulture activities, such as backyard cookouts, beautification, and landscaping. In addition, rising awareness of the advantages of zero-turn mowers and the adoption of results is a significant aspect contributing to the market's growth. In addition, households with medium and large-sized lawns are contemplating using zero-turn mowers to reduce mowing time.
The North America region dominated the Global Zero Turn Mower Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.9 billion by 2030. The Europe region is poised to grow at a CAGR of 10% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 11% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/zero-turn-mower-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Briggs & Stratton, LLC (KPS Capital Partners), AriensCo, Husqvarna Group, Deere & Company, KUBOTA Corporation, Textron, Inc., The Toro Company, Stanley Electric Co. Ltd., Generac Holdings, Inc., and Robert Bosch GmbH.
By Application (Volume, Units, USD Million/Billion, 2019-2030)
By Cutting Width (Volume, Units, USD Million/Billion, 2019-2030)
By Geography (Volume, Units, USD Million/Billion, 2019-2030)
Companies Profiled