In 2022, the market size for accessories related to robotic lawn mowers was USD 317 million. Projections suggest a compound annual growth rate (CAGR) of 5.30% from 2022 to 2030, with an anticipated market value of USD 480 million by the end of 2030.
A robotic lawn mower is a kind of self-governing android that works without human involvement within a stated geographical range. In turn, a variety of afterparts, such as connectors, blades, couplings, batteries, signal cables, wall hangers, and lighting protectors are utilized to uphold it in an employed condition.
Such robots are being more and more utilized over old-style ones credited to the high need for the former from the commercial and residential sectors.
In the recent years, the Europe region dominated the industry, with a market share of 56%. Furthermore, the region is projected to be dominant throughout the forecast period, followed by North America. This growth can be credited to the heavy requirement for accessories throughout the continent mainly because of the increasing acceptance of robotic lawnmowers.
The quickly growing residential societies in European nations, including Germany, the U.K., and France, armed with the mounting tourism sector, are inspiring governments to invest in recreational arenas, which, ultimately, boosts the requirement for landscaping equipment.
In the coming few years, the APAC region is projected to experience the highest CAGR, of 6.1%. The growing living standard, development of parks and playgrounds, and speedily rising residential and commercial sectors are projected to fuel the sale of the accessories of this self-governing gardening equipment.
The offline category is projected to hold a significant share of the industry, credited to the existence of a huge count of traditional distributors and retailers. However, online platforms are projected to hold substantial traction in numerous regions in the coming few years.
This can be ascribed to the growing customer lean toward online platforms due to their numerous advantages, like discounts, click-to-pay choices, doorstep deliveries, and wide product comparisons.
Furthermore, the growing count of businesses looking to boost their industry presence via e-commerce channels is further projected to drive the online category in the upcoming years.
The growing buyer focus on utilizing smart tools for gardening processes is projected to aid the industry's development worldwide. Additionally, the substantial performance of the companies, particularly in North America and Europe, is boosting the sales of these automated gardening items, credited to the rising count of customers.
The robotic lawn mower accessories industry is driven by the rampant urbanization and increase in green area in residential and commercial pockets.
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