South Korea Lawn Mowers Market Size & Outlook, 2023-2030
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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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.
Partial client list
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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