South Korea Lawn Mowers Market Size & Outlook, 2023-2030
South Korea lawn mowers market, 2018-2030 (US$M)
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South Korea lawn mowers market highlights
- The South Korea lawn mowers market generated a revenue of USD 148.9 million in 2023 and is expected to reach USD 227.5 million by 2030.
- The South Korea market is expected to grow at a CAGR of 6.2% from 2024 to 2030.
- In terms of segment, electric was the largest revenue generating product in 2023.
- Robotic is the most lucrative product segment registering the fastest growth during the forecast period.
Lawn mowers market data book summary
| Market revenue in 2023 | USD 148.9 million |
| Market revenue in 2030 | USD 227.5 million |
| Growth rate | 6.2% (CAGR from 2023 to 2030) |
| Largest segment | Electric |
| Fastest growing segment | Robotic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Manual, Electric, Petrol, Robotic |
| Key market players worldwide | American Honda Motor Company, Ariens, Briggs & Stratton, Deere & Co, Falcon Garden Tools, Fiskars Oyj, Husqvarna Group, Robert Bosch Engineering & Business Solutions, Robomow, The Toro Co |
Other key industry trends
- In terms of revenue, South Korea accounted for 0.5% of the global lawn mowers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China lawn mowers market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 4,310.8 million by 2030.
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Lawn Mowers Market Scope
Lawn Mowers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Korea lawn mowers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to lawn mowers market will help companies and investors design strategic landscapes.
Electric was the largest segment with a revenue share of 28.68% in 2023. Horizon Databook has segmented the South Korea lawn mowers market based on manual, electric, petrol, robotic covering the revenue growth of each sub-segment from 2018 to 2030.
- South Korea Lawn Mowers Product Outlook (Revenue, USD Million, 2018-2030)
- Manual
- Electric
- Petrol
- Robotic
- Others
- South Korea Lawn Mowers End Use Outlook (Revenue, USD Million, 2018-2030)
- Residential
- Commercial/Government
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Target buyers of South Korea lawn mowers market databook
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Our clientele includes a mix of lawn mowers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea lawn mowers market , including forecasts for subscribers. This country databook contains high-level insights into South Korea lawn mowers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea lawn mowers market size, by product, 2018-2030 (US$M)
South Korea Lawn Mowers Market Outlook Share, 2023 & 2030 (US$M)
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