Cordless Lawn Mower Lithium Battery Market was valued at USD 1.5 Billion in 2022 and is projected to reach USD 4.2 Billion by 2030, growing at a CAGR of 15.9% from 2024 to 2030.
Looking ahead to the period between 2023 and 2033, the market outlook for cordless lawn mower lithium batteries is expected to be driven by continued innovation in battery technology. With consumer demand for greener solutions on the rise, the cordless lawn mower market will likely experience steady growth. The increasing availability of higher-capacity lithium batteries and the reduction of overall costs will make these products more accessible to a wider audience. Additionally, there is a growing interest in smart features, such as integrated GPS and automated mowing, which will drive demand for high-tech, long-lasting batteries capable of supporting these advanced functionalities.
The global market is anticipated to see a rise in both residential and commercial usage of cordless lawn mowers, as advancements in battery technology enable longer runtimes and shorter charging times. As the industry moves towards 2033, environmental policies and energy-efficient consumer behavior will continue to shape the demand for lithium battery-powered products. The evolving landscape of the market suggests a promising future, with new entrants in the field and innovations pushing the boundaries of what's possible with cordless lawn mowers.
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The Cordless Lawn Mower Lithium Battery market has experienced significant shifts from 2018 to 2022, with notable changes in demand and technological advancements. During this period, the market saw an increasing preference for eco-friendly, efficient, and long-lasting battery-powered lawn mowers. A key driver for this growth was the growing awareness about environmental sustainability, coupled with advancements in lithium-ion battery technology, making these devices more reliable and longer-lasting. As homeowners and landscaping professionals sought greener, quieter alternatives to gas-powered mowers, the lithium battery market for cordless lawn mowers surged.
In 2022, the demand for cordless lawn mowers with lithium batteries reached a significant milestone, as consumers prioritized products offering convenience, reduced maintenance, and lower environmental impact. Additionally, advancements in lithium battery charging technology improved operational efficiency and reduced downtime, further enhancing the appeal of cordless mowers. Manufacturers capitalized on these trends, offering a wide range of models to suit different yard sizes and customer preferences. The 2018-2022 period set the stage for a solid foundation of growth, with improved product features and cost efficiency.
Samsung SDl
LG Chem
TenPower
Panasonic
Murata
BYD
Toshiba
Amperex Technology
Briggs & Stratton
DNK Power
Johnson Matthey Battery Systems
Tianjin Lishen Battery
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Cordless Lawn Mower Lithium Battery Market
Riding Lawn Mower
Push Lawn Mower
Based on Types the Market is categorized into Below types that held the largest Cordless Lawn Mower Lithium Battery market share In 2023.
<20V
20-40V
>40V
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Cordless Lawn Mower Lithium Battery Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Cordless Lawn Mower Lithium Battery Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Cordless Lawn Mower Lithium Battery Market, By Type
6. Global Cordless Lawn Mower Lithium Battery Market, By Application
7. Global Cordless Lawn Mower Lithium Battery Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Cordless Lawn Mower Lithium Battery Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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