North America Market Forecast
By 2037, North America zero turn mower market is predicted to capture over 37.1% revenue share. The high golf course visits, strict regulations on lawn maintenance, and the increasing commercial infrastructure projects are driving the sales of zero turn mowers. The strong presence of industry giants that continuously focus on the introduction zero turn mowers with advanced technologies is supporting the zero turn mower market.
In the U.S., golf’s reach is over 123 million, as of data published by the National Golf Foundation, in 2023. The rising golf activities in the country are directly fueling the constant demand for mowing services, contributing to the high sales of advanced commercial zero turn mowers. The strict ordnance on maintaining grass height is also driving the adoption of residential zero turn mowers in the country.
In Canada, the government’s strict sustainability goals are majorly pushing the sales of electric zero turn mowers. The country aims to achieve 17 sustainable goals by 2030 as per its agenda adopted in 2015 and clean energy and climate actions are few of them. The electric-powered zero turn mowers offer low carbon emissions and are quitter in comparison to conventional gas-powered models. Thus, EV technology-based zero turn mower manufacturers are anticipated to earn high revenue shares in the country.
Asia Pacific Market Statistics
Asia Pacific is a rapidly expanding marketplace for zero turn mower producers driven by the increasing infrastructure development projects such as smart cities, high investments in sports sector, and growing adoption of smart gardening equipment. The demand for zero turn mowers is estimated to increase at the fastest CAGR in India and China, whereas continuous innovations and quick adoption of new technologies are set to fuel the sales of zero turn mowers in Japan and South Korea.
In India, the development of urban green spaces such as parks, gardens, and green belts is pushing a high demand for advanced landscaping equipment such as zero turn mowers. In addition to this, government initiatives such as the National Mission for a Green India (GIM) promoting a green environment in urban and peri-urban areas are substantially augmenting the adoption of zero turn mowers to manage these spaces effectively.
The rapidly expanding construction activities in China are set to generate lucrative opportunities for zero turn mower market. For instance, in April 2023, the International Trade Administration revealed that China is the largest construction market, globally. As per the country’s 14th five-year plan, the total investments in new infrastructure development projects including energy, water systems, green building, transportation, and new urbanization are calculated at around USD 4.2 trillion. Such huge investments are anticipated to positively influence the sales of modern zero turn mowers in the coming years.
Author Credits: Richa Gupta
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?