A recently-published market overview on a gadget-focused website offered interesting facts and figures on the zero-turn mower market. In his comprehensive overview published at coolgadgets.com last month, Pramad Pawar presented insights and statistics from a range of sources on a fast-growing market which has seen an increasing U.S. consumer base of rural lifestylers, large acreage property owners and small farm owners.
We’ve provided a summary of top 10 facts and figures selected from Pawar’s piece on coolgadgets.com here:
- Market Valuation (2023-2027): Fortune Business Insights projects the market value to be $3.39 billion by 2023, rising to $4.25 billion by 2027, with a compound annual growth rate (CAGR) of 5.8%. This growth indicates increasing demand and market expansion.
- According to reports from Research and Markets, in the United States, the zero-turn mowers are expected to grow by 5.08% of CAGR from 2022 to 2027.
- Long-term Market Size (2030): Allied Market Research expects the market to reach around $1,571 million by 2030, indicating a steady growth trajectory.
- According to the Grand View Research, the best cutting width used in zero-turn mowers are larger than 60 inches, which is dominating the market with a share of 40.4%.
- Dominant Cutting Width: Mowers larger than 60 inches hold the largest market share (40.4%), signifying a preference for mowers that can handle large areas efficiently.
- As per factmr reports, the zero turn mower enables high speed along with reducing the mowing time by 50% if compared to other traditional methods.
- Regional Market Leader: North America leads with a 39.30% market share, valued at $1.11 billion, likely due to the widespread use of mowers in large residential and commercial properties.
- Key Market Players: Notable companies include Briggs & Stratton, ARIENS, BigDog Mower Co., Husqvarna Group, Deere & Company, KUBOTA Corporation, and MTD Products Inc., highlighting a competitive and diverse market landscape.
- End-User Revenue: The professional landscaping segment generates the highest revenue, accounting for 35.52% of the market share, emphasizing the critical role of zero-turn mowers in professional landscaping.
- Global Trade Dynamics: According to Volza’s Global Reports 2023, the market sees a total of 1.4K import and export shipments involving 77 buyers and 107 suppliers, reflecting a vibrant international trade environment.
