The North American zero-turn electric mower market hits $ 825

Selbyville, Delaware, June 29, 2021 (GLOBE NEWSWIRE) –

Global Market Insights Inc. recently released a new report on the North American Electric Zero Turn Mower Market, which estimates that the regional Electric Zero Turn Mower Market valuation will exceed $ 825 million by 2027 The Desire of Homeowners to Have Lawns owning to improve the overall aesthetics is expected to increase acceptance of electric zero turn mowers.

To save costs, many manufacturers are concentrating on replacing the expensive cobalt with nickel. The advantages of nickel are that it is cheaper, stores more energy, is heat resistant, and does not catch fire easily. The successful implementation of these replacement components and the low battery cost are likely to result in an expansion of the electric zero turn mower market in North America.

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Large numbers of golf courses and an increase in course maintenance expenses are the major factors driving zero turn electric mowers market share in North America. For example, according to the National Golf Foundation (NGF), the US registered 16,100 golf courses on 14,100 golf courses in 2020, the highest in the world. In addition, 36.9 million people played golf in 2020, three million of whom were playing golf for the first time. The growing involvement in golf will contribute significantly to the growth of the North American electric zero turn mower industry over the forecast period

Canada was valued at $ 34.1 million in 2020. This is largely due to large lawns or gardens in Canadian households. For example, 75% of households in Saguenay and 65% of households in Toronto have a lawn or garden. Also in Quebec, 83% of the Census Metropolitan Area (CMA) in Oshawa has a large lawn or garden area, which is likely to play a significant role in accelerating industry growth.

Prominent participants in the North American electric zero turn mower market are focused on product development to gain a position in the electric zero turn mower market. In October 2020, for example, Gravely presented the Pro-Turn EV to meet the demand from commercial landscapers. The mower has a lithium-ion battery to drive electric motors. Some of the major manufacturers in the industry are Ryobi Tools, Gravely, Greenworks Commercial, EGO Power +, Mean Green Mowers, and Cub Cadet LLC.

Key Findings of North America Electric Zero Turn Mowers Market Report include:

  • Significant growth is forecast for the golf course segment. This is due to an increasing number of golf courses in the United States. The increasing government focus on recreational activities, as well as an increasing number of golfers in the major US states, will increase product penetration growth in this segment.
  • The limited availability of turf-covered land and the low popularity of mowing equipment will be the key drivers of the limited share of the Canadian zero-turn electric mower market in North America over the forecast period.
  • Thanks to the speed and maneuverability of zero-turn mowers, they are used for cutting grass and weeds to improve the enjoyment of sports, especially on large areas. A playground primarily attracts the attention of retired or other planned communities and supports the expansion of the industry.
  • Maintenance activities have been severely disrupted due to increasing concern from homeowners about the coronavirus cases. Major states in the US have also reported a decrease in the number of rounds of golf played in 2020, which is expected to impact sales volumes of electric zero-turn mowers in golf course facilities.

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Sub-chapter of the report table of contents (TOC):

Chapter 2 Summary

2.1 North America Electric Zero Turn Mower Industry 360 ° Review, 2017-2027

2.1.1 Application trends

2.1.2 Country trends

Chapter 3 Insights into the North American Electric Zero Turn Mower Industry

3.1 Industry segmentation

3.2 Industry ecosystem analysis

3.2.1 Sales channel analysis

3.2.2 Supplier matrix List of raw material suppliers List of the most important manufacturers / distributors

3.2.3 COVID-19-based analysis of supply chain disruptions

3.3 Innovation & Sustainability

3.3.1 Patent analysis

3.3.2 Future trends

3.4 Industry influencers

3.4.1 Growth drivers Presence of a large number of golf courses in the U Growing regulations for diesel and gasoline-powered devices Transition to clean energy and superior characteristics of ZTR electric mowers

3.4.2 Pitfalls and challenges in the industry High cost of electric zero turn mowers

3.5 Challenges for manufacturers of zero turn mowers

3.6 Regulatory landscape

3.7 Growth Potential Analysis, 2020

3.8 Competitive Landscape

3.8.1 Analysis of the top players, 2020

3.8.2 Strategy dashboard

3.9 Porter analysis

3.10 Price trends (including the effects of COVID-19)

3.11 cost structure analysis

3.12 PESTLE analysis

About global market insights

Global Market Insights Inc., headquartered in Delaware, USA, is a global market research and consulting service provider; Offering syndicated and custom research reports along with growth advisory services. Our business intelligence and industry research reports provide clients with penetrating insights and actionable market data that is specifically designed and presented to aid strategic decision-making. These comprehensive reports have been generated using proprietary research methodology and are available for key industries such as chemistry, advanced materials, technology, renewable energies and biotechnology.

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