There were 208 press releases posted in the last 24 hours and 241,720 in the last 365 days.

Chicago, Sept. 14, 2022 (GLOBE NEWSWIRE) -- According to Arizton's latest research report, U.S. electric lawn mowers market to grow at a CAGR of 8.6% during 2022-2027. The market is highly competitive with the presence of many global and local players. Several global players, such as Husqvarna, Robert Bosch, Stiga, dominate the market. Many vendors are investing considerable resources in R&D initiatives to constantly upgrade their offerings and introduce new solutions.

The market for electric lawn mowers in the United States is characterized by the presence of a few regional vendors as well as diversified of international vendors. However, as foreign players expand their market share, it will become more and more difficult for regional vendors to compete with them, especially in terms of technology and customer base. A rise in product/service expansions, technical advances, and M&As is expected to further exacerbate industry competitiveness. Arizton assumes that international players will grow inorganically in the future by acquiring regional or local players.

Market leaders are currently emphasizing the adoption of energy-efficient goods owing to an increase in the trend of using low-carbon energy sources. This can be due to growing environmental issues, such as global warming combined with gasoline or exhaust emissions. Manufacturers prioritize recognizing various demands while setting certain goals for achieving profitability and the effective usage of capital resources. The current situation pushes vendors to adapt and improve their unique value proposition to attain a strong market presence.

U.S. Electric Lawn Mowers Market Report Scope

Click Here to Download the Free Sample Report

AriensCo was established in 1933 and is headquartered in Brillion, Wisconsin, the US. Its primary business segments include lawn and snow equipment. It offers its products for consumer applications through brands such as Ariens Lawn and Ariens Sno-Thro, and its offers products for commercial applications through brands such as Gravely, Countax, and Westwood.

The Deere & company manufactures mowers at its factory locations in Wisconsin and North Carolina in the US and Gummersbach in Germany. It holds the Green Fever sales event and offers the GreenFleet Loyalty Rewards program to add value by offering running promotions and discounts. It also offers flexible leasing programs under NEVERSTOP. The company carries out its business operations through three segments— agriculture and turf, construction and forestry, and financial services.

Honda Motor Company claims to manufacture about 500,000 lawnmowers annually in the US, Australia, France, Italy, and China and distribute them in North America, Europe, China, and Australia, among other countries. The company is focused on developing eco-friendly and safe mowers for the commercial segment. It is developing a safety mechanism, BBC*2, which instantly stops the blade from rotating post the release of the clutch. It also works on the VMS*3 mechanism, which enables unrestrained control of the processing method of cutting the grass.

It is one of the leading garden equipment brands in the world, particularly in the US. It actively searches for new product ideas and has strong R&D capabilities for designing and selling innovative products. The company has a broad portfolio of well-recognized labels with a strong presence in the Western European market.

Robert Bosch was established in 1886 and is headquartered in Gerlingen, Ludwigsburg, Germany. The company provides technology and services worldwide. It supplies automotive components and spare parts for commercial vehicles. The company had over 401,300 associates as of December 31, 2021. It spends 7%–10% of its overall revenue on R&D activities every year. It has over 440 subsidiaries in over 60 countries worldwide. The company reported revenues of $89.10 billion in 2021.

In 2021, the company generated revenue of around $15.6 billion. In 2019, the company had an employee base of nearly 59,000 people across the globe. In 2019, the company acquired a 20% stake in MTD Products. In December 2021, Stanley Black & Decker acquired an 80% ownership stake of MTD Holding Inc. for a value of over $1.6 billion.

STIGA Group The STIGA Group has manufacturing plants located at four locations — Castelfranco Veneto and Campigo in Italy, Poprad in Slovakia, and Guangzhou in China. Alpina is a leading innovative Italian brand that offers AR series robotic lawn mowers.

In 2020, the company sold over one million gardening machines with a sale value of over $450 million across 70 countries in the world.

Toro offers products for the end-users, such as professional contractors, golf courses, agricultural growers, groundskeepers, rental companies, and educational and financial institutions. It offers products for the outdoor environment, including snow and ground-engaging equipment, turf, outdoor lighting solutions, and irrigation. The company offers its products to professional contractors, golf courses, agricultural growers, governments, rental companies, educational institutions, and residential customers.

The organization will extend its presence in countries such as Taiwan, Japan, South Korea, and Germany and further distribution offices across the globe. Toro is expected to benefit from the growth of the commercial real estate market when several businesses plow their repair equipment. Increasing technological innovations are expected to create opportunities for the company during the forecast period.

Explore our garden tools market profile to know more about the industry. 

Click Here to Download the Free Sample Report

Read some of the top-selling reports: 

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.  

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals, and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.  

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.  

Click Here to Contact Us  

EIN Presswire's priority is source transparency. We do not allow opaque clients, and our editors try to be careful about weeding out false and misleading content. As a user, if you see something we have missed, please do bring it to our attention. Your help is welcome. EIN Presswire, Everyone's Internet News Presswire™, tries to define some of the boundaries that are reasonable in today's world. Please see our Editorial Guidelines for more information.

© 1995-2022 Newsmatics Inc. dba EIN Presswire All Right Reserved.