Electric Lawn Mower Market Scope and Upcoming Opportunity Analysis till the end of 2028
Verfasser: ashwani_kailiya on Wednesday, 12 February 2020Electric lawn mowers are catching the imagination of a rapidly growing ‘environmentally-conscious’ demographic. Demand is also positively influenced by significant upgrades in battery power and precision cutting. On the coattails of these factors, global sales are likely to surpass 10 million units in 2019, equating a market value in the vicinity of US$ 9 Bn. Latest Fact.MR report predicts the global electric lawn mower market to expand at 6.6% CAGR in the period 2018-2028. End users are increasingly adopting electric lawn mowers in spite of issues like high price and power requirement. EPA states that gas mowers are being discouraged as they propagate air pollution. They are estimated to be responsible for around 5% of the air pollution in US. Apart from the pollution aspect, EPA reveals that gas spill of around 17 million gallons gasoline is encountered annually which occurs during refueling of lawn equipment. The emissions from the lawn mowers were unregulated in the past but the scenario has changed currently as the world has acknowledged the benefits of reduced emissions.