Published Date: 2021-08-10
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North American Electric Zero-Turn Mowers Market size is projected to reach USD 825 million by 2027, according to a latest forecast report by Graphical Research. The surge in product demand for lawn maintenance in public parks, golf courses, and playgrounds in conjunction with growing preference for environmentally friendly equipment are some of the major growth enabling factors.
The high regional concentration of golf facilities, such as Pine Valley G.C., Cypress Point Club, Shinnecock Hills G.C., Augusta National (GA.) G.C., Oakmont (PA.) C.C., National G. Links Of America, etc. is playing a significant role in fueling the industry expansion. Moreover, individuals with high personal disposable income in the U.S. compared to other nations substantially encourage involvement in golf activities and country clubs. This, in turn, is fueling the expenditure on such activities.
Technological advancements are further expected to boost product development in the future. The increasing investment in research activities to bring down the cost of Li-ion batteries will play a key role in this. However, the high cost of electric zero-turn mowers along with the ongoing COVID-19 pandemic is anticipated to hamper the industry growth over the forecast timeline.
Browse detailed statistical insights from the report, “North America Electric Zero Turn Mower Market Forecast 2027 By Application (Non-residential {Golf course, Playgrounds}, Residential), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
The residential segment is expected to hold a considerable share in North America zero-turn electric mower market and will exhibit around 7% CAGR during the assessment period. The growth is attributable to the large availability of grassland in the region. For instance, around 40% of the residential area in the U.S. is covered with grass, which is substantially contributing to the increasing product demand.
Among the non-residential sector, the playgrounds segment is anticipated to acquire more than 95% of the regional market share by 2027. The high growth of the segment can be ascribed to the increasing number of public parks and playgrounds in the region. Additionally, significant spending on parks and recreational facilities in North America is propelling electric zero-turn mowers industry size.
The product manufacturers are taking several strategic initiatives in order to drive the demand and strengthen their market position along the way. These activities include mergers, acquisitions, capacity expansion, product launch, and others. For instance, in 2019, Greenworks Commercial, introduced GS RZ48R for residential applications. The product was designed to deliver power and performance on par with the commercial mowers.
The North American electric zero-turn mowers market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
North America Market, By Application
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