Advanced
  Home Compare Reports

Comparison with Similar Reports

Construction Equipment Market by Type (Excavator-Crawler & Mini, Loader-Backhoe, Skid-steer, Wheel, Dozer, Dump Truck, Others), Electric Equipment, Pr...

by Type (Excavator-Crawler & Mini, Loader-Backhoe, Skid-steer, Wheel, Dozer, Dump Truck, Others), Electric Equipment, Propulsion, Power Output, Application, Rental, Aftertreatment Device and Region

Publisher:        MarketsandMarkets

# of Pages:        268

Rating: 

1 User License $4,950

Publication Date:  November, 2020

Price:       $4,950 / User License




TABLE OF CONTENTS

 

1              INTRODUCTION                24

1.1          STUDY OBJECTIVES          24

1.2          MARKET DEFINITION      25

1.2.1      INCLUSIONS & EXCLUSIONS        25

1.3          SUMMARY OF CHANGES              26

1.4          MARKET SCOPE                27

FIGURE 1             CONSTRUCTION EQUIPMENT MARKET SEGMENTATION                27

1.5          LIMITATIONS     28

1.6          STAKEHOLDERS 28

2              RESEARCH METHODOLOGY         29

2.1          RESEARCH DATA               29

FIGURE 2             CONSTRUCTION EQUIPMENT MARKET: RESEARCH DESIGN          29

FIGURE 3             RESEARCH DESIGN MODEL          30

2.1.1      SECONDARY DATA           31

2.1.1.1   Key secondary sources for equipment sales        31

2.1.1.2   Key data from secondary sources             32

2.1.2      PRIMARY DATA 33

FIGURE 4             BREAKDOWN OF PRIMARY INTERVIEWS                33

2.1.2.1   Sampling techniques & data collection methods                33

2.1.2.2   Primary participants        34

2.2          MARKET SIZE ESTIMATION          34

2.2.1      BOTTOM-UP APPROACH: CONSTRUCTION EQUIPMENT MARKET

(EQUIPMENT TYPE, CATEGORY, REGIONAL & COUNTRY-LEVEL)  34

2.2.2      TOP-DOWN APPROACH: CONSTRUCTION EQUIPMENT MARKET (APPLICATION/PROPULSION/POWER OUTPUT/ENGINE CAPACITY)      35

2.2.3      BOTTOM-UP APPROACH: RENTAL CONSTRUCTION EQUIPMENT MARKET (APPLICATION AND REGION)  35

2.2.4      TOP-DOWN APPROACH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET (EQUIPMENT AND REGION)   35

2.3          DATA TRIANGULATION 36

FIGURE 5             DATA TRIANGULATION 36

2.4          ASSUMPTIONS 37

3              EXECUTIVE SUMMARY  39

3.1          PRE- VS POST-COVID-19 SCENARIO         39

FIGURE 6             PRE- VS POST-COVID-19 SCENARIO: CONSTRUCTION EQUIPMENT MARKET, 2018–2025 (USD MILLION)  39

TABLE 1                CONSTRUCTION EQUIPMENT MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2018–2025 (USD MILLION) 39

3.2          REPORT SUMMARY         40

FIGURE 7             CONSTRUCTION EQUIPMENT MARKET OUTLOOK             40

FIGURE 8             CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020 & 2025 (USD MILLION)        41

4              PREMIUM INSIGHTS       43

4.1          ATTRACTIVE OPPORTUNITIES IN THE CONSTRUCTION EQUIPMENT MARKET        43

FIGURE 9             RISING DEMAND FOR URBAN INFRASTRUCTURE PROJECTS AND WHEELED LOADER WITH >80 HP EXPECTED TO DRIVE THE MARKET  43

4.2          CONSTRUCTION EQUIPMENT MARKET, BY REGION          44

FIGURE 10           ASIA PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD                44

4.3          CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY          44

FIGURE 11           MATERIAL HANDLING EQUIPMENT SEGMENT EXPECTED TO GROW AT THE HIGHEST CAGR FROM 2020 TO 2025       44

4.4          CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE      45

FIGURE 12           WHEELED LOADER> 80 HP SEGMENT IS PROJECTED TO LEAD THE MARKET DURING FORECAST PERIOD     45

4.5          ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE   46

FIGURE 13           DUMP TRUCK PROJECTED TO BE THE LARGEST SEGMENT

FROM 2020 TO 2025        46

4.6          CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION              46

FIGURE 14           COMMERCIAL SEGMENT PROJECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD        46

4.7          CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION              47

FIGURE 15           COMMERCIAL SEGMENT IS EXPECTED TO HOLD LARGEST MARKET SHARE

IN 2020 47

4.8          CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE     47

FIGURE 16           SCR SEGMENT PROJECTED TO LEAD THE MARKET DURING FORECAST PERIOD      47

4.9          CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT        48

FIGURE 17           100-200 HP SEGMENT PROJECTED TO LEAD THE MARKET

FROM 2020 TO 2025        48

4.10        CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY     48

FIGURE 18           <5L SEGMENT IS ESTIMATED TO HOLD LARGEST MARKET SHARE IN 2020                48

4.11        CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE    49

FIGURE 19           CNG/LNG/RNG SEGMENT PROJECTED TO GROW AT A HIGHER RATE DURING FORECAST PERIOD               49

5              MARKET OVERVIEW       50

5.1          INTRODUCTION                50

5.2          YEARS CONSIDERED FOR THE STUDY        51

5.3          MARKET DYNAMICS       51

FIGURE 20           MARKET DYNAMICS: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES IN THE CONSTRUCTION EQUIPMENT MARKET              51

5.3.1      DRIVERS               52

5.3.1.1   Increase in infrastructure investments post the COVID-19 pandemic       52

5.3.1.2   OEM-centric connected features              52

5.3.2      RESTRAINTS       53

5.3.2.1   Decreased deal value of construction equipment projects            53

5.3.3      OPPORTUNITIES               54

5.3.3.1   COVID-19 pandemic to provide opportunities for companies offering construction equipment on rent   54

5.3.3.2   Electric and autonomous construction equipment            54

5.3.4      CHALLENGES      55

5.3.4.1   Lack of harmonized emission regulations globally              55

5.4          IMPACT OF COVID-19 ON THE CONSTRUCTION SECTOR 56

5.4.1      COVID-19 HEALTH ASSESSMENT                57

FIGURE 21           COVID-19 PROPAGATION: SELECT COUNTRIES   57

5.5          CONSTRUCTION EQUIPMENT MARKET SCENARIO            58

FIGURE 22           CONSTRUCTION EQUIPMENT MARKET SCENARIO,

2018–2025 (USD MILLION)           58

5.5.1      MOST LIKELY/REALISTIC SCENARIO          58

TABLE 2                CONSTRUCTION EQUIPMENT MARKET (REALISTIC SCENARIO), BY REGION, 2018–2025 (USD MILLION)    58

5.5.2      HIGH COVID-19 IMPACT SCENARIO         59

TABLE 3                CONSTRUCTION EQUIPMENT MARKET (HIGH COVID-19 IMPACT SCENARIO), BY REGION, 2018–2025 (USD MILLION)             59

5.5.3      LOW COVID-19 IMPACT SCENARIO          59

TABLE 4                CONSTRUCTION EQUIPMENT MARKET (LOW COVID-19 IMPACT SCENARIO), BY REGION, 2018–2025 (USD MILLION)             59

5.6          REVENUE SHIFT FOR CONSTRUCTION EQUIPMENT MANUFACTURERS    60

5.7          PRICING ANALYSIS          60

TABLE 5                AVERAGE PRICES OF CONSTRUCTION EQUIPMENT TYPES, 2019  61

5.8          TECHNOLOGICAL ANALYSIS         62

5.8.1      OVERVIEW          62

5.8.1.1   Autonomous construction equipment   62

5.8.1.2   Connected technologies               62

5.8.1.3   Grade control system    62

5.8.1.4   Payload weighing system             62

5.9          ECOSYSTEM        63

FIGURE 23           ECOSYSTEM: CONSTRUCTION EQUIPMENT MARKET        63

5.10        SUPPLY CHAIN  63

FIGURE 24           SUPPLY CHAIN ANALYSIS: CONSTRUCTION EQUIPMENT MARKET              63

 

6              CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE      65

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

6.1          INTRODUCTION                66

6.1.1      RESEARCH METHODOLOGY         66

6.1.2      ASSUMPTIONS/LIMITATIONS    66

6.1.3      INDUSTRY INSIGHTS       66

FIGURE 25           CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020 & 2025 (USD MILLION)        67

TABLE 6                CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          68

TABLE 7                CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           69

6.2          ARTICULATED DUMP TRUCK       69

6.2.1      MANEUVERABILITY OVER ROUGH TERRAIN DRIVE DEMAND OF THESE TRUCKS   69

TABLE 8                ARTICULATED DUMP TRUCK MARKET, BY REGION, 2018–2025 (UNITS)   70

TABLE 9                ARTICULATED DUMP TRUCK MARKET, BY REGION,

2018–2025 (USD MILLION)           70

6.3          ASPHALT FINISHER          71

6.3.1      INVESTMENT IN ROAD CONSTRUCTION PROJECTS TO DRIVE THE DEMAND           71

TABLE 10              ASPHALT FINISHER MARKET, BY REGION, 2018–2025 (UNITS)      71

TABLE 11              ASPHALT FINISHER MARKET, BY REGION, 2018–2025 (USD MILLION)        71

6.4          BACKHOE LOADER           72

6.4.1      ABILITY TO PERFORM HEAVY TASKS DRIVE THE DEMAND FOR THIS EQUIPMENT 72

TABLE 12              BACKHOE LOADER MARKET, BY REGION, 2018–2025 (UNITS)       72

TABLE 13              BACKHOE LOADER MARKET, BY REGION, 2018–2025 (USD MILLION)         72

6.5          CRAWLER DOZER              73

6.5.1      GROWING INFRASTRUCTURE ACTIVITIES TO DRIVE THE DEMAND             73

TABLE 14              CRAWLER DOZER MARKET, BY REGION, 2018–2025 (UNITS)          73

TABLE 15              CRAWLER DOZER MARKET, BY REGION, 2018–2025 (USD MILLION)           73

6.6          CRAWLER EXCAVATOR  74

6.6.1      HEAVY INVESTMENTS IN INFRASTRUCTURE BY GOVERNMENT FUEL THIS SEGMENT         74

TABLE 16              CRAWLER EXCAVATOR MARKET, BY REGION, 2018–2025 (UNITS)               74

TABLE 17              CRAWLER EXCAVATOR MARKET, BY REGION, 2018–2025 (USD MILLION)                74

6.7          CRAWLER LOADER           75

6.7.1      DEMAND FOR CRAWLER LOADERS IS INCREASING OWING TO THEIR HIGH LIFTING CAPACITY, POWER & FLEXIBILITY                75

TABLE 18              CRAWLER LOADER MARKET, BY REGION, 2018–2025 (UNITS)       75

TABLE 19              CRAWLER LOADER MARKET, BY REGION, 2018–2025 (USD MILLION)         75

 

6.8          MINI EXCAVATOR            76

6.8.1      LOW-FUEL CONSUMPTION AND REDUCED NOISE MAKE MINI EXCAVATORS MORE RELIABLE FOR USE     76

TABLE 20              MINI EXCAVATOR MARKET, BY REGION, 2018–2025 (UNITS)        76

TABLE 21              MINI EXCAVATOR MARKET, BY REGION, 2018–2025 (USD MILLION)         76

6.9          MOTOR GRADER              77

6.9.1      LOW-COST AND EFFICIENCY DRIVE THE DEMAND OF THIS EQUIPMENT   77

TABLE 22              MOTOR GRADER MARKET, BY REGION, 2018–2025 (UNITS)          77

TABLE 23              MOTOR GRADER MARKET, BY REGION, 2018–2025 (USD MILLION)            77

6.10        MOTOR SCRAPER             78

6.10.1    WIDE APPLICATION IN CONSTRUCTION SITE DRIVE THE DEMAND OF THIS EQUIPMENT  78

TABLE 24              MOTOR SCRAPER MARKET, BY REGION, 2018–2025 (UNITS)         78

TABLE 25              MOTOR SCRAPER MARKET, BY REGION, 2018–2025 (USD MILLION)          78

6.11        ROAD ROLLER    79

6.11.1    ROAD DEVELOPMENT PROJECTS FUEL THE DEMAND FOR ROAD ROLLERS               79

TABLE 26              ROAD ROLLER MARKET, BY REGION, 2018–2025 (UNITS)                79

TABLE 27              ROAD ROLLER MARKET, BY REGION, 2018–2025 (USD MILLION)  79

6.12        RIGID DUMP TRUCK       80

6.12.1    MANEUVERABILITY DRIVE THE DEMAND FOR THIS EQUIPMENT 80

TABLE 28              RIGID DUMP TRUCK MARKET, BY REGION, 2018–2025 (UNITS)    80

TABLE 29              RIGID DUMP TRUCK MARKET, BY REGION, 2018–2025 (USD MILLION)     80

6.13        RTLT MASTED    81

6.13.1    RTLT MASTED IS USED TO OFFLOAD BRICKS ACROSS ROUGH TERRAIN     81

TABLE 30              RTLT MASTED MARKET, BY REGION, 2018–2025 (UNITS) 81

TABLE 31              RTLT MASTED MARKET, BY REGION, 2018–2025 (USD MILLION)  81

6.14        RTLT TELESCOPIC              82

6.14.1    MORE VERSATILITY COMPARED TO RTLT MASTED TO DRIVE THE DEMAND            82

TABLE 32              RTLT TELESCOPIC MARKET, BY REGION, 2018–2025 (UNITS)          82

TABLE 33              RTLT TELESCOPIC MARKET, BY REGION, 2018–2025 (USD MILLION)           82

6.15        SKID-STEER LOADER        83

6.15.1    DEMAND FOR ENERGY EFFICIENT EQUIPMENT FUEL THIS SEGMENT        83

TABLE 34              SKID-STEER LOADER MARKET, BY REGION, 2018–2025 (UNITS)    83

TABLE 35              SKID-STEER LOADER MARKET, BY REGION, 2018–2025 (USD MILLION)     83

6.16        WHEELED EXCAVATOR   84

6.16.1    EASE OF OPERATION DRIVE THE DEMAND FOR WHEELED EXCAVATORS  84

TABLE 36              WHEELED EXCAVATOR MARKET, BY REGION, 2018–2025 (UNITS)               84

TABLE 37              WHEELED EXCAVATOR MARKET, BY REGION, 2018–2025 (USD MILLION)                84

6.17        WHEELED LOADER <80 HP            85

6.17.1    SMALL-SCALE CONSTRUCTION PROJECTS DRIVE THE DEMAND OF THIS EQUIPMENT        85

TABLE 38              WHEELED LOADER <80 HP MARKET, BY REGION, 2018–2025 (UNITS)         85

TABLE 39              WHEELED LOADER <80 HP MARKET, BY REGION, 2018–2025 (USD MILLION)          85

6.18        WHEELED LOADER >80 HP            86

6.18.1    LARGE SCALE CONSTRUCTION PROJECTS DRIVE THE DEMAND OF THESE LOADERS             86

TABLE 40              WHEELED LOADER >80 HP MARKET, BY REGION, 2018–2025 (UNITS)         86

TABLE 41              WHEELED LOADER >80 HP MARKET, BY REGION, 2018–2025 (USD MILLION)          86

7              CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY          87

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

7.1          INTRODUCTION                88

7.1.1      RESEARCH METHODOLOGY         88

7.1.2      ASSUMPTIONS/LIMITATIONS    88

7.1.3      INDUSTRY INSIGHTS       88

FIGURE 26           CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY,

2020 & 2025 (USD MILLION)        89

TABLE 42              CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY,

2018–2025 (UNITS)          89

TABLE 43              CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY,

2018–2025 (USD MILLION)           89

7.2          EARTHMOVING EQUIPMENT      90

7.2.1      INCREASED CONSTRUCTION ACTIVITIES DRIVE THE DEMAND OF THIS EQUIPMENT           90

TABLE 44              EARTHMOVING EQUIPMENT MARKET, BY REGION, 2018–2025 (UNITS)  90

TABLE 45              EARTHMOVING EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           90

7.3          MATERIAL HANDLING EQUIPMENT         91

7.3.1      INDUSTRIAL DEVELOPMENT PROJECTS TO DRIVE THIS SEGMENT               91

TABLE 46              MATERIAL HANDLING EQUIPMENT MARKET, BY REGION, 2018–2025 (UNITS)      91

TABLE 47              MATERIAL HANDLING EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           91

7.4          HEAVY CONSTRUCTION VEHICLES            92

7.4.1      ROAD AND TUNNEL CONSTRUCTION PROJECTS TO DRIVE THE DEMAND                92

TABLE 48              HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION, 2018–2025 (UNITS)         92

TABLE 49              HEAVY CONSTRUCTION VEHICLES MARKET, BY REGION,

2018–2025 (USD MILLION)           92

7.5          OTHERS                93

7.5.1      RISING URBAN INFRASTRUCTURE ACTIVITIES TO DRIVE THIS SEGMENT  93

TABLE 50              OTHER CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          93

TABLE 51              OTHER CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           93

 

8              CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE    94

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

8.1          INTRODUCTION                95

8.1.1      RESEARCH METHODOLOGY         95

8.1.2      ASSUMPTIONS/LIMITATIONS    95

8.1.3      INDUSTRY INSIGHTS       95

FIGURE 27           CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,

2020 & 2025 (USD MILLION)        96

TABLE 52              CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,

2018–2025 (UNITS)          96

TABLE 53              CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION TYPE,

2018–2025 (USD MILLION)           96

8.2          DIESEL   97

8.2.1      DEMAND FOR HIGH TORQUE DRIVE DIESEL-POWERED EQUIPMENT         97

TABLE 54              DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          97

TABLE 55              DIESEL: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           97

8.3          CNG/LNG/RNG 98

8.3.1      DEMAND FOR ALTERNATIVE FUELS WILL DRIVE THIS SEGMENT  98

TABLE 56              CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          98

TABLE 57              CNG/LNG/RNG: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           99

9              CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT        100

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

9.1          INTRODUCTION                101

9.1.1      RESEARCH METHODOLOGY         101

9.1.2      ASSUMPTIONS/LIMITATIONS    101

9.1.3      INDUSTRY INSIGHTS       101

FIGURE 28           CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,

2020 & 2025 (USD MILLION)        102

TABLE 58              CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,

2018–2025 (UNITS)          102

TABLE 59              CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT,

2018–2025 (USD MILLION)           102

9.2          <100 HP                103

9.2.1      ROAD MAINTENANCE AND REPAIR PROJECTS EXPECTED TO DRIVE THIS SEGMENT            103

TABLE 60              <100 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          103

TABLE 61              <100 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           103

9.3          101–200 HP         104

9.3.1      LOW MAINTENANCE COST OF CONSTRUCTION EQUIPMENT WITH 101-200 HP DRIVE THIS SEGMENT       104

TABLE 62              101-200 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          104

TABLE 63              100-200HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           104

9.4          201–400 HP         105

9.4.1      INCREASING DEMAND FOR HEAVY CONSTRUCTION EQUIPMENT WILL DRIVE THIS SEGMENT       105

TABLE 64              201-400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          105

TABLE 65              201-400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           105

9.5          >400 HP                106

9.5.1      COMMERCIAL CONSTRUCTION PROJECTS EXPECTED TO DRIVE THIS SEGMENT    106

TABLE 66              >400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          106

TABLE 67              >400 HP: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           106

10           CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY     107

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

10.1        INTRODUCTION                108

10.1.1    RESEARCH METHODOLOGY         108

10.1.2    INDUSTRY INSIGHTS       108

FIGURE 29           CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,

2020 & 2025 (USD MILLION)        109

TABLE 68              CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,

2018–2025 (UNITS)          109

TABLE 69              CONSTRUCTION EQUIPMENT MARKET, BY ENGINE CAPACITY,

2018–2025 (USD MILLION)           109

10.2        <5L         110

10.2.1    DEMAND FOR COMPACT CONSTRUCTION EQUIPMENT TO DRIVE THIS SEGMENT              110

TABLE 70              <5L: CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2025 (UNITS)        110

TABLE 71              <5L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           110

10.3        5-10L     111

10.3.1    WIDE APPLICATION OF 5-10L ENGINES TO DRIVE THIS SEGMENT               111

TABLE 72              5-10L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          111

TABLE 73              5-10L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           111

10.4        >10L       112

10.4.1    DEMAND FOR HEAVY CONSTRUCTION EQUIPMENT WILL DRIVE THIS SEGMENT 112

TABLE 74              >10L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (UNITS)          112

TABLE 75              >10L: CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           112

11           CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION              113

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

11.1        INTRODUCTION                114

11.1.1    RESEARCH METHODOLOGY         114

11.1.2    ASSUMPTIONS/LIMITATIONS    114

11.1.3    INDUSTRY INSIGHTS       114

FIGURE 30           CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,

2020 & 2025 (USD MILLION)        115

TABLE 76              CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION,

2018–2025 (USD MILLION)           115

11.2        INFRASTRUCTURE           115

11.2.1    INVESTMENTS IN INFRASTRUCTURE PROJECTS EXPECTED TO DRIVE THE DEMAND FOR CONSTRUCTION EQUIPMENT                115

TABLE 77              INFRASTRUCTURE CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           116

11.3        COMMERCIAL   116

11.3.1    CONSTRUCTION OF OFFICE SPACES AND MANUFACTURING UNITS TO DRIVE THIS SEGMENT      116

TABLE 78              COMMERCIAL CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           116

11.4        RESIDENTIAL      117

11.4.1    GROWING POPULATION AND URBAN CITY DEVELOPMENTS TO PROPEL THE USE CONSTRUCTION EQUIPMENT IN RESIDENTIAL SEGMENT 117

TABLE 79              RESIDENTIAL CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           117

12           ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE   118

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

12.1        INTRODUCTION                119

12.1.1    RESEARCH METHODOLOGY         119

12.1.2    ASSUMPTIONS/LIMITATIONS    119

12.1.3    INDUSTRY INSIGHTS       119

FIGURE 31           ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2020 & 2025 (USD MILLION)        120

TABLE 80              ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (UNITS)          120

TABLE 81              ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)           120

12.2        ELECTRIC DUMP TRUCK 121

12.2.1    DEMAND FOR HYBRID DUMP TRUCKS EXPECTED TO DRIVE THIS SEGMENT            121

TABLE 82              ELECTRIC DUMP TRUCK MARKET, BY REGION, 2018–2025 (UNITS)             121

TABLE 83              ELECTRIC DUMP TRUCK MARKET, BY REGION, 2018–2025 (USD MILLION)              121

12.3        ELECTRIC DOZER               122

12.3.1    LOWER MAINTENANCE AND IMPROVED PRODUCTIVITY DRIVE THE DEMAND FOR DOZERS           122

TABLE 84              ELECTRIC DOZER MARKET, BY REGION, 2018–2025 (UNITS)           122

TABLE 85              ELECTRIC DOZER MARKET, BY REGION, 2018–2025 (USD MILLION)             122

12.4        ELECTRIC EXCAVATOR    123

12.4.1    DEMAND FOR MINI EXCAVATORS TO DRIVE THIS SEGMENT         123

TABLE 86              ELECTRIC EXCAVATOR MARKET, BY REGION, 2018–2025 (UNITS)                123

TABLE 87              ELECTRIC EXCAVATOR MARKET, BY REGION, 2018–2025 (USD MILLION) 123

12.5        ELECTRIC MOTOR GRADER           124

12.5.1    ROAD CONSTRUCTION PROJECTS EXPECTED TO DRIVE DEMAND FOR MOTOR GRADER   124

TABLE 88              ELECTRIC MOTOR GRADER MARKET, BY REGION, 2018–2025 (UNITS)       124

TABLE 89              ELECTRIC MOTOR GRADER MARKET, BY REGION, 2018–2025 (USD MILLION)        124

12.6        ELECTRIC LOADER            125

12.6.1    DEMAND FOR SKID AND COMPACT LOADERS EXPECTED TO FUEL THIS SEGMENT               125

TABLE 90              ELECTRIC LOADER MARKET, BY REGION, 2018–2025 (UNITS)         125

TABLE 91              ELECTRIC LOADER MARKET, BY REGION, 2018–2025 (USD MILLION)          125

13           CONSTRUCTION EQUIPMENT MARKET, BY EMISSION REGULATION STAGE           126

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

13.1        INTRODUCTION                127

13.1.1    RESEARCH METHODOLOGY         127

FIGURE 32           OFF-HIGHWAY EQUIPMENT EMISSION REGULATIONS, BY KEY COUNTRY, 2019-2030        128

TABLE 92              CONSTRUCTION EQUIPMENT MARKET, BY EMISSION REGULATION STAGE, 2018–2025 (UNITS)  129

13.2        STAGE II               129

TABLE 93              STAGE I/II EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES        129

TABLE 94              STAGE II NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES,

BY REGION, 2018-2025   130

13.3        STAGE III              130

TABLE 95              STAGE III A/B EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES  130

TABLE 96              STAGE III NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES,

BY REGION, 2018–2025 (UNITS) 131

13.4        STAGE III A/B     131

TABLE 97              STAGE III A/B NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES,

BY REGION, 2018–2025 (UNITS) 131

13.5        STAGE IV             132

TABLE 98              STAGE IV EMISSION STANDARDS FOR NON-ROAD DIESEL ENGINES          132

TABLE 99              STAGE IV NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES,

BY REGION, 2018–2025 (UNITS) 132

13.6        STAGE V               132

TABLE 100            STAGE V EMISSION STANDARDS FOR NON-ROAD ENGINES          133

TABLE 101            STAGE V NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES,

BY REGION, 2018–2025 (UNITS) 133

13.7        STAGE VI             133

TABLE 102            STAGE VI NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES,

BY REGION, 2018–2025 (UNITS) 133

13.8        TIER 4    134

TABLE 103            TIER 4 EMISSION STANDARDS FOR NON-ROAD ENGINES               134

TABLE 104            TIER 4 NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES,

BY REGION, 2018–2025 (UNITS) 134

13.9        TIER 5    135

TABLE 105            TIER 5 NON-ROAD CONSTRUCTION EQUIPMENT DIESEL ENGINES,

BY REGION, 2018–2025 (UNITS) 135

14           CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION              136

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

14.1        INTRODUCTION                137

14.1.1    RESEARCH METHODOLOGY         137

14.1.2    ASSUMPTIONS/LIMITATIONS    137

14.1.3    INDUSTRY INSIGHTS       137

FIGURE 33           CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION,

2020 & 2025 (USD MILLION)        138

TABLE 106            CONSTRUCTION EQUIPMENT RENTAL MARKET, BY APPLICATION,

2018–2025 (USD MILLION)           138

14.2        INFRASTRUCTURE           139

14.2.1    HIGH VALUED INFRASTRUCTURE PROJECTS EXPECTED TO DRIVE THIS SEGMENT                139

TABLE 107            INFRASTRUCTURE CONSTRUCTION EQUIPMENT RENTAL MARKET,

BY REGION, 2018–2025 (USD MILLION)  139

 

14.3        COMMERCIAL   140

14.3.1    COMMERCIAL DEVELOPMENTS TO DRIVE THE DEMAND FOR CONSTRUCTION EQUIPMENT RENTAL SERVICES      140

TABLE 108            COMMERCIAL CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 2018–2025 (USD MILLION)    140

14.4        RESIDENTIAL      141

14.4.1    DEMAND TO REDUCE INITIAL INVESTMENT IN CONSTRUCTION OF RESIDENTIAL BUILDINGS WILL DRIVE RENTAL SERVICES             141

TABLE 109            RESIDENTIAL CONSTRUCTION EQUIPMENT RENTAL MARKET, BY REGION, 2018–2025 (USD MILLION)       141

15           CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE     142

Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia, North America, Europe, Middle East and RoW

15.1        INTRODUCTION                143

15.1.1    RESEARCH METHODOLOGY         143

15.1.2    ASSUMPTIONS/LIMITATIONS    143

15.1.3    INDUSTRY INSIGHTS       144

TABLE 110            AFTERTREATMENT DEVICES FOR DIFFERENT EMISSION REGULATION      144

FIGURE 34           CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE,

2020 & 2025 (USD MILLION)        144

TABLE 111            CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE,

2018–2025 (UNITS)          145

TABLE 112            CONSTRUCTION EQUIPMENT MARKET, BY AFTERTREATMENT DEVICE,

2018–2025 (USD MILLION)           145

15.2        EXHAUST GAS RECIRCULATION (EGR)     146

15.2.1    COUNTRIES WITH STAGE III EMISSION REGULATION TO DRIVE THIS SEGMENT    146

TABLE 113            EXHAUST GAS RECIRCULATION (EGR) MARKET, BY REGION,

2018–2025 (UNITS)          146

TABLE 114            EXHAUST GAS RECIRCULATION (EGR) MARKET, BY REGION,

2018–2025 (USD MILLION)           146

15.3        DIESEL OXIDATION CATALYST (DOC)        147

15.3.1    REGULATED ECONOMIES WITH TIER 3 OR ABOVE EMISSION STANDARDS TO DRIVE THIS SEGMENT           147

TABLE 115            DIESEL OXIDATION CATALYST (DOC) MARKET, BY REGION,

2018–2025 (UNITS)          147

TABLE 116            DIESEL OXIDATION CATALYST (DOC) MARKET, BY REGION,

2018–2025 (USD MILLION)           147

15.4        DIESEL PARTICULATE FILTER (DPF)            148

15.4.1    STAGE IV AND STAGE V EMISSION NORMS TO DRIVE THE DEMAND FOR DPF FILTERS       148

TABLE 117            DIESEL PARTICULATE FILTER (DPF) MARKET, BY REGION,

2018–2025 (UNITS)          148

TABLE 118            DIESEL PARTICULATE FILTER (DPF) MARKET, BY REGION,

2018–2025 (USD MILLION)           148

 

15.5        SELECTIVE CATALYTIC REDUCTION (SCR)               149

15.5.1    REDUCTION OF NOX EMISSION EXPECTED TO DRIVE THE DEMAND FOR SCR         149

TABLE 119            SELECTIVE CATALYTIC REDUCTION (SCR) MARKET, BY REGION,

2018–2025 (UNITS)          149

TABLE 120            SELECTIVE CATALYTIC REDUCTION (SCR) MARKET, BY REGION,

2018–2025 (USD MILLION)           149

16           CONSTRUCTION EQUIPMENT MARKET, BY REGION          150

Note: The Chapter is Further Segmented by Equipment Type – Articulated Dump Truck, Asphalt Finisher, Backhoe Loader, Crawler Dozer, Crawler Excavator, Crawler Loader, Mini Excavator, Motor Grader, Motor Scraper, Rigid Dump Truck, Road Roller, RTLT Masted, RTLT Telescopic, Skid-Steer Loader, Wheeled Excavator, Wheeled Loader >80 HP, Wheeled Loader <80 HP

16.1        INTRODUCTION                151

FIGURE 35           CONSTRUCTION EQUIPMENT MARKET IN MIDDLE EAST IS PROJECTED TO GROW AT THE HIGHEST CAGR FROM 2020–2025             151

16.1.1    RESEARCH METHODOLOGY         152

16.1.2    ASSUMPTIONS 152

16.1.3    INDUSTRY INSIGHTS       152

FIGURE 36           CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2020 & 2025 (USD MILLION)        153

TABLE 121            CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2025 (UNITS) 153

TABLE 122            CONSTRUCTION EQUIPMENT MARKET, BY REGION,

2018–2025 (USD MILLION)           153

16.2        ASIA      154

FIGURE 37           ASIA CONSTRUCTION EQUIPMENT MARKET SNAPSHOT                154

TABLE 123            ASIA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2018–2025 (UNITS)          155

TABLE 124            ASIA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           155

16.2.1    CHINA   156

16.2.1.1                Heavy investment plans and market competitiveness to drive the market            156

TABLE 125            CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          156

TABLE 126            CHINA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           157

16.2.2    INDIA    158

16.2.2.1                Infrastructure sector to bolster the market          158

TABLE 127            INDIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          158

TABLE 128            INDIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           159

16.2.3    JAPAN  160

16.2.3.1                Residential and commercial construction activities are projected to drive market               160

TABLE 129            JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          160

TABLE 130            JAPAN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           161

16.2.4    INDONESIA         162

16.2.4.1                Housing and transport infrastructure investment to drive to the market                162

TABLE 131            INDONESIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (UNITS)    162

TABLE 132            INDONESIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)     163

16.2.5    REST OF ASIA     164

16.2.5.1                Infrastructure investments and housing projects to drive market              164

TABLE 133            REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (UNITS)                164

TABLE 134            REST OF ASIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION) 165

16.3        NORTH AMERICA             166

FIGURE 38           NORTH AMERICA CONSTRUCTION EQUIPMENT MARKET SNAPSHOT       166

TABLE 135            NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (UNITS)        167

TABLE 136            NORTH AMERICA: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2025 (USD MILLION)         167

16.3.1    US          168

16.3.1.1                Strong growth of construction sector expected to drive the market         168

TABLE 137            US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          168

TABLE 138            US: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           169

16.3.2    CANADA              170

16.3.2.1                Infrastructure projects are projected to drive demand for construction equipment          170

TABLE 139            CANADA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          170

TABLE 140            CANADA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           171

16.3.3    MEXICO               172

16.3.3.1                Increased construction activities expected to drive market          172

TABLE 141            MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          172

TABLE 142            MEXICO: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           173

16.4        EUROPE               174

FIGURE 39           EUROPE CONSTRUCTION EQUIPMENT MARKET SNAPSHOT         174

TABLE 143            EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2018–2025 (UNITS)          175

TABLE 144            EUROPE: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           175

16.4.1    GERMANY           176

16.4.1.1                Increase demand for compact construction equipment to drive market in this country   176

TABLE 145            GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (UNITS)      176

TABLE 146            GERMANY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)       177

16.4.2    FRANCE                178

16.4.2.1                Rapid developments in metropolitan areas are expected to boost demand          178

TABLE 147            FRANCE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025, (UNITS)        178

TABLE 148            FRANCE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           179

16.4.3    UK          180

16.4.3.1                Residential construction projects to drive market             180

TABLE 149            UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          180

TABLE 150            UK: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           181

16.4.4    SPAIN   182

16.4.4.1                Growing demand for residential buildings propel the market in Spain      182

TABLE 151            SPAIN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          182

TABLE 152            SPAIN: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           183

16.4.5    ITALY     184

16.4.5.1                Maintenance and renovation segment to drive the market          184

TABLE 153            ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          184

TABLE 154            ITALY: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           185

16.4.6    REST OF EUROPE              186

16.4.6.1                The growth of construction sector expected to drive the demand            186

TABLE 155            REST OF EUROPE: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2018–2025 (UNITS)             186

TABLE 156            REST OF EUROPE: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)               187

16.5        MIDDLE EAST     188

FIGURE 40           MIDDLE EAST CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2020 & 2025 (USD MILLION)        188

TABLE 157            MIDDLE EAST CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2018–2025 (UNITS)          189

TABLE 158            MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           189

16.5.1    QATAR  190

16.5.1.1                Foreign direct investments in construction sector to drive the market     190

TABLE 159            QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          190

TABLE 160            QATAR: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           191

16.5.2    SAUDI ARABIA  192

16.5.2.1                Vision 2030 plan to drive demand for construction equipment    192

TABLE 161            SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (UNITS)             192

TABLE 162            SAUDI ARABIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)                193

16.5.3    UAE       194

16.5.3.1                Mega projects are expected to drive market      194

TABLE 163            UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          194

TABLE 164            UAE: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           195

16.5.4    REST OF MIDDLE EAST    196

16.5.4.1                Public-private partnerships for construction projects to drive the market              196

TABLE 165            REST OF MIDDLE EAST: CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2018–2025 (UNITS)             196

TABLE 166            REST OF MIDDLE EAST CONSTRUCTION EQUIPMENT MARKET,

BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)               197

16.6        REST OF THE WORLD (ROW)        198

FIGURE 41           ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2020-2025 (USD MILLION)            198

TABLE 167            ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2018–2025 (UNITS)          199

TABLE 168            ROW: CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY,

2018–2025 (USD MILLION)           199

16.6.1    BRAZIL  200

16.6.1.1                Increased hotel construction projects to drive the market in Brazil            200

TABLE 169            BRAZIL: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          200

TABLE 170            BRAZIL CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           201

16.6.2    RUSSIA 202

16.6.2.1                Growing construction projects expected to drive market              202

TABLE 171            RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          202

TABLE 172            RUSSIA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           203

16.6.3    SOUTH AFRICA  204

16.6.3.1                Residential and non-residential construction activities to drive market    204

TABLE 173            SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (UNITS)             204

TABLE 174            SOUTH AFRICA: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2025 (USD MILLION)                205

16.6.4    OTHERS                206

16.6.4.1                Infrastructure projects to drive the demand       206

TABLE 175            OTHERS: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (UNITS)          206

TABLE 176            OTHERS: CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE,

2018–2025 (USD MILLION)           207

17           RECOMMENDATIONS FROM MARKETSANDMARKETS     208

17.1        ASIA IS THE POTENTIAL MARKET FOR CONSTRUCTION EQUIPMENT MANUFACTURERS   208

17.2        RENTAL CONSTRUCTION EQUIPMENT ALONG WITH TELEMATICS WILL PROPEL ITS GROWTH        208

17.3        ELECTRIC CONSTRUCTION EQUIPMENT TO CREATE NEW OPPORTUNITIES             208

17.4        CONCLUSION    209

18           COMPETITIVE LANDSCAPE           210

18.1        KEY PLAYER STRATEGIES/RIGHT TO WIN                210

FIGURE 42           NEW PRODUCT DEVELOPMENT IS THE LEADING STRATEGY ADOPTED

BY CONSTRUCTION EQUIPMENT OEMS 210

18.2        MARKET SHARE ANALYSIS            212

FIGURE 43           CONSTRUCTION EQUIPMENT MARKET SHARE, KEY PLAYERS, 2019            212

18.3        COMPANY EVALUATION MATRIX – CONSTRUCTION EQUIPMENT PLAYERS           213

18.3.1    TERMINOLOGY 213

18.3.2    STARS   213

18.3.3    EMERGING LEADERS      213

18.3.4    PERVASIVE PLAYERS       214

18.3.5    PARTICIPANTS  214

FIGURE 44           CONSTRUCTION EQUIPMENT MARKET: COMPANY EVALUATION MATRIX (2019)               214

18.4        STRENGTH OF PRODUCT PORTFOLIO      215

FIGURE 45           PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN THE CONSTRUCTION EQUIPMENT MARKET                215

18.5        BUSINESS STRATEGY EXCELLENCE             216

FIGURE 46           BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN THE CONSTRUCTION EQUIPMENT MARKET             216

19           COMPANY PROFILES      217

(Business overview, Products offered, Recent developments & MnM View)*

19.1        CATERPILLAR INC.            217

FIGURE 47           CATERPILLAR INC.: COMPANY SNAPSHOT            217

TABLE 177            CATERPILLAR INC.: ORGANIC DEVELOPMENTS   219

TABLE 178            CATERPILLAR INC.: INORGANIC DEVELOPMENTS               221

19.2        KOMATSU LTD  222

FIGURE 48           KOMATSU LTD.: COMPANY SNAPSHOT  222

TABLE 179            KOMATSU LTD.: ORGANIC DEVELOPMENTS         223

TABLE 180            KOMATSU LTD.: INORGANIC DEVELOPMENTS    224

19.3        DEERE & COMPANY        225

FIGURE 49           DEERE & COMPANY: COMPANY SNAPSHOT         225

TABLE 181            DEERE & COMPANY: ORGANIC DEVELOPMENTS                226

TABLE 182            DEERE & COMPANY: INORGANIC DEVELOPMENTS           228

19.4        HITACHI CONSTRUCTION MACHINERY CO., LTD.                229

FIGURE 50           HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT 229

TABLE 183            HITACHI CONSTRUCTION MACHINERY CO., LTD.: ORGANIC DEVELOPMENTS        230

TABLE 184            HITACHI CONSTRUCTION MACHINERY CO., LTD.: INORGANIC DEVELOPMENTS   231

19.5        VOLVO GROUP 233

FIGURE 51           VOLVO GROUP: COMPANY SNAPSHOT  233

TABLE 185            VOLVO GROUP: ORGANIC DEVELOPMENTS         235

TABLE 186            VOLVO GROUP: INORGANIC DEVELOPMENTS    236

19.6        CNH INDUSTRIAL             238

FIGURE 52           CNH INDUSTRIAL: COMPANY SNAPSHOT              238

TABLE 187            CNH INDUSTRIAL: ORGANIC DEVELOPMENTS     239

TABLE 188            CNH INDUSTRIAL: INORGANIC DEVELOPMENTS                239

19.7        LIEBHERR             241

FIGURE 53           LIEBHERR: COMPANY SNAPSHOT              241

TABLE 189            LIEBHERR: ORGANIC DEVELOPMENTS     242

TABLE 190            LIEBHERR: INORGANIC DEVELOPMENTS                243

19.8        XCMG   245

TABLE 191            XCMG: ORGANIC DEVELOPMENTS           246

TABLE 192            XCMG: INORGANIC DEVELOPMENTS      246

19.9        SANY HEAVY INDUSTRY CO., LTD               247

TABLE 193            SANY HEAVY INDUSTRY CO., LTD: ORGANIC DEVELOPMENTS      248

TABLE 194            SANY HEAVY INDUSTRY CO., LTD: ORGANIC DEVELOPMENTS      248

19.10     DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD.            249

FIGURE 54           DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD.: COMPANY SNAPSHOT             249

TABLE 195            DOOSAN HEAVY INDUSTRIES & CONSTRUCTION CO., LTD.: INORGANIC DEVELOPMENTS               250

19.11     JCB         251

TABLE 196            JCB: ORGANIC DEVELOPMENTS 251

19.12     TEREX CORPORATION    252

FIGURE 55           TEREX CORPORATION: COMPANY SNAPSHOT     252

TABLE 197            TEREX CORPORATION: ORGANIC DEVELOPMENTS            253

19.13     ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.              254

FIGURE 56           ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:

COMPANY SNAPSHOT   254

TABLE 198            ZOOMLION HEAVY INDUSTRY SCIENCE & TECHNOLOGY CO., LTD.:

ORGANIC DEVELOPMENTS          255

*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.

19.14     ADDITIONAL CPS              256

19.14.1  EUROPE               256

19.14.1.1              Atlas Copco AB  256

19.14.1.2              Sandvik Group  256

19.14.1.3              Wirtgen Group  256

19.14.1.4              Ammann             256

19.14.2  US          257

19.14.2.1              Manitowoc         257

19.14.2.2              Astec Industries               257

19.14.3  ASIA      257

19.14.3.1              Guangxi LiuGong Machinery Co., Ltd.     257

19.14.3.2              Hyundai Heavy Industries            257

19.14.3.3              Kobe Steel Ltd. 258

19.14.3.4              Sumitomo Heavy Industries        258

20           APPENDIX           259

20.1        CURRENCY & PRICING   259

TABLE 199            CURRENCY EXCHANGE RATES (WRT PER USD)     259

20.2        KEY INSIGHTS OF INDUSTRY EXPERTS      260

20.3        DISCUSSION GUIDE        260

20.4        KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL   264

20.5        AVAILABLE CUSTOMIZATIONS   266

20.5.1    CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT CATEGORY

& COUNTRY        266

20.5.1.1                Earthmoving equipment               266

20.5.1.2                Material handling equipment     266

20.5.1.3                Heavy construction vehicles        266

20.5.1.4                Others  266

20.6        RELATED REPORTS           266

20.7        AUTHOR DETAILS             267

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Autonomous Forklift Market by Tonnage Capacity (<5, 5-10, >10), Navigation Technology (Laser, Vision, Optical Tape, Magnetic, Inductive Guidance), Sal...

Publisher:        MarketsandMarkets

# of Pages:        248

Rating: 

1 User License $4,950

Publication Date:  April, 2022

Price:       $4,950 / User License




1 INTRODUCTION 26
1.1 OBJECTIVES 26
1.2 MARKET DEFINITION 27
1.2.1 INCLUSIONS & EXCLUSIONS 27
1.3 MARKET SCOPE 28
FIGURE 1 AUTONOMOUS FORKLIFT MARKET: MARKET SEGMENTATION 28
FIGURE 2 AUTONOMOUS FORKLIFT MARKET: BY REGION 28
1.3.1 YEARS CONSIDERED IN THE STUDY 29
1.4 CURRENCY 29
1.5 LIMITATIONS 29
1.6 STAKEHOLDERS 29
2 RESEARCH METHODOLOGY 30
2.1 RESEARCH DATA 30
FIGURE 3 AUTONOMOUS FORKLIFT MARKET: RESEARCH DESIGN 30
FIGURE 4 RESEARCH METHODOLOGY MODEL 31
2.1.1 SECONDARY DATA 32
2.1.1.1 List of Key secondary sources to estimate base numbers 32
2.1.1.2 Key data from secondary sources 33
2.1.2 PRIMARY DATA 34
FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS 34
2.1.2.1 Sampling techniques & data collection methods 35
2.2 MARKET ESTIMATION METHODOLOGY 35
FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 36
2.2.1 BOTTOM-UP APPROACH 37
FIGURE 7 BOTTOM-UP APPROACH: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY 37
2.2.2 TOP-DOWN APPROACH 38
FIGURE 8 TOP-DOWN APPROACH: AUTONOMOUS FORKLIFT MARKET, BY APPLICATION, END USE INDUSTRY, TYPE, SALES CHANNEL, PROPULSION AND NAVIGATION TECHNOLOGY 38
FIGURE 9 AUTONOMOUS FORKLIFT MARKET: RESEARCH DESIGN & METHODOLOGY 38
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 39
FIGURE 10 DATA TRIANGULATION 39
2.4 FACTOR ANALYSIS 40
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDE 40
2.5 RESEARCH ASSUMPTIONS 41
2.6 RESEARCH LIMITATIONS 42
3 EXECUTIVE SUMMARY 43
3.1 PRE- & POST-COVID-19 SCENARIOS 43
FIGURE 11 PRE- & POST-COVID-19: AUTONOMOUS FORKLIFT MARKET,
2019–2027 (USD MILLION) 43
TABLE 1 AUTONOMOUS FORKLIFT MARKET: PRE- VS. POST-COVID-19 SCENARIO, 2019–2027 (USD MILLION) 43
3.2 REPORT SUMMARY 44
FIGURE 12 AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021 VS. 2027 (USD MILLION) 45
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES IN AUTONOMOUS FORKLIFT MARKET 47
FIGURE 13 RISE IN DEMAND FOR AUTOMATED MATERIAL HANDLING EQUIPMENT EXPECTED TO DRIVE GLOBAL MARKET 47
4.2 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY 47
FIGURE 14 BELOW 5 TON AUTONOMOUS FORKLIFT ESTIMATED TO ACCOUNT FOR LARGER MARKET SHARE, BY VALUE 47
4.3 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY 48
FIGURE 15 VISION GUIDANCE SEGMENT TO HAVE FASTEST GROWTH DURING FORECAST PERIOD 48
4.4 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY 48
FIGURE 16 FOOD AND BEVERAGES SEGMENT TO ACCOUNT FOR LARGEST SHARE
IN 2021 48
4.5 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL 49
FIGURE 17 IN-HOUSE PURCHASE SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2021 49
4.6 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION 49
FIGURE 18 ELECTRIC AUTONOMOUS FORKLIFT TO LEAD THE MARKET DURING FORECAST PERIOD 49
4.7 AUTONOMOUS FORKLIFT MARKET, BY TYPE 50
FIGURE 19 INDOOR SEGMENT TO HOLD LARGEST SHARE DURING FORECAST PERIOD 50
4.8 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION 50
FIGURE 20 MATERIAL HANDLING SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD 50
4.9 AUTONOMOUS FORKLIFT MARKET, BY REGION 51
FIGURE 21 ASIA PACIFIC DOMINATED THE AUTONOMOUS FORKLIFT MARKET IN 2021 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 53
FIGURE 22 AUTONOMOUS FORKLIFT MARKET: MARKET DYNAMICS 53
5.2.1 DRIVERS 53
5.2.1.1 Increasing demand for automated warehouses and automated material handling equipment 53
FIGURE 23 COST BREAKDOWN OF NON-AUTONOMOUS VS. AUTONOMOUS FORKLIFTS 54
FIGURE 24 GLOBAL WAREHOUSE AUTOMATION MARKET, BY VALUE (2016-2025) 55
5.2.1.2 Growth in e-commerce, logistics, and warehousing sectors 55
FIGURE 25 GLOBAL E-COMMERCE MARKET, BY VALUE (2018-2025) 56
5.2.2 RESTRAINTS 56
5.2.2.1 High integration and switching costs due to AI and WMS 56
5.2.3 OPPORTUNITIES 56
5.2.3.1 Usage of 5G connectivity in future for warehouse operations 56
5.2.3.2 Development of IoT integrated autonomous forklifts 57
5.2.4 CHALLENGES 57
5.2.4.1 Technical challenges related to sensing elements 57
5.2.4.2 Susceptibility of autonomous forklifts and automated warehouses to cyberattacks 58
5.3 AUTONOMOUS FORKLIFT MARKET SCENARIO 58
FIGURE 26 AUTONOMOUS FORKLIFT MARKET SCENARIO, 2019–2027 (USD MILLION) 58
5.3.1 REALISTIC SCENARIO 59
TABLE 2 AUTONOMOUS FORKLIFT MARKET (REALISTIC SCENARIO), BY REGION, 2019–2027 (USD MILLION) 59
5.3.2 HIGH COVID-19 IMPACT SCENARIO 59
TABLE 3 AUTONOMOUS FORKLIFT MARKET (HIGH COVID-19 IMPACT SCENARIO),
BY REGION, 2019–2027 (USD MILLION) 60
5.3.3 LOW COVID-19 IMPACT SCENARIO 60
TABLE 4 AUTONOMOUS FORKLIFT MARKET (LOW COVID-19 IMPACT SCENARIO),
BY REGION, 2019–2027 (USD MILLION) 60
5.4 PORTER’S FIVE FORCES ANALYSIS 61
FIGURE 27 PORTER’S FIVE FORCES ANALYSIS: PRESENCE OF ESTABLISHED GLOBAL PLAYERS INCREASES DEGREE OF COMPETITION 61
5.4.1 PORTER’S FIVE FORCES ANALYSIS 61
TABLE 5 PORTER’S FIVE FORCES ANALYSIS 61
5.4.2 THREAT OF SUBSTITUTES 62
5.4.3 THREAT OF NEW ENTRANTS 62
5.4.4 BARGAINING POWER OF BUYERS 62
5.4.5 BARGAINING POWER OF SUPPLIERS 62
5.4.6 INTENSITY OF COMPETITIVE RIVALRY 62
5.5 TRENDS/DISRUPTIONS IMPACTING AUTONOMOUS FORKLIFT MARKET 63
FIGURE 28 REVENUE SHIFT FOR AUTONOMOUS FORKLIFT MARKET 63
5.6 AUTONOMOUS FORKLIFT MARKET ECOSYSTEM 64
FIGURE 29 AUTOMATED MATERIAL HANDLING EQUIPMENT MARKET ECOSYSTEM 64
FIGURE 30 AUTONOMOUS FORKLIFT MARKET ECOSYSTEM 65
TABLE 6 AUTONOMOUS FORKLIFT MARKET: ROLE OF COMPANIES IN THE ECOSYSTEM 65
5.7 SUPPLY CHAIN ANALYSIS 66
FIGURE 31 SUPPLY CHAIN ANALYSIS: AUTONOMOUS FORKLIFT MARKET 66
5.8 PATENT ANALYSIS 67
 
5.9 AVERAGE SELLING PRICE ANALYSIS 69
5.9.1 AVERAGE REGIONAL PRICE TREND: AUTONOMOUS FORKLIFTS, 2021 69
5.9.2 AVERAGE REGIONAL PRICE TREND: AUTONOMOUS FORKLIFTS, BY TONNAGE CAPACITY, 2021 70
5.10 CASE STUDY 70
5.10.1 USE CASE 1: HAVAL PRODUCTION PLANT 70
5.10.2 USE CASE 2: PANASONIC ENERGY BELGIUM NV 71
5.10.3 USE CASE 3: IMPLEMENTING DEMATIC’S AUTONOMOUS FORKLIFT TO REDUCE DELIVERY TIME AT L‘ORÉAL 71
5.10.4 USE CASE 4: AER MANUFACTURING 71
5.11 KEY CONFERENCES & EVENTS IN 2022-2023 72
TABLE 7 AUTONOMOUS FORKLIFT MARKET: DETAILED LIST OF CONFERENCES & EVENTS 72
5.12 REGULATORY FRAMEWORK 73
5.12.1 NORTH AMERICA 73
5.12.2 EUROPE 73
5.12.3 ASIA PACIFIC 73
5.13 TECHNOLOGY ANALYSIS 74
5.13.1 INDUSTRY 4.0 74
5.13.2 5G CONNECTIVITY 74
5.13.3 PREDICTIVE ANALYTICS 74
5.13.4 MACHINE LEARNING (ML) 74
6 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY 75
Note: The market size and forecast of each tonnage capacity autonomous forklift is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
6.1 INTRODUCTION 76
6.1.1 RESEARCH METHODOLOGY 76
6.1.2 ASSUMPTIONS 76
6.1.3 INDUSTRY INSIGHTS 77
FIGURE 32 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021 VS. 2027 (USD MILLION) 77
TABLE 8 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 77
TABLE 9 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 77
TABLE 10 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 78
TABLE 11 AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 78
6.2 BELOW 5 TONS 78
6.2.1 EASY OPERATIONAL FLEXIBILITY IN COMPACT WAREHOUSES TO DRIVE DEMAND 78
TABLE 12 BELOW 5 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 79
TABLE 13 BELOW 5 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 79
TABLE 14 BELOW 5 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 79
TABLE 15 BELOW 5 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 80
6.3 5-10 TONS 80
6.3.1 GROWING ELECTRIC INFRASTRUCTURE TO DRIVE DEMAND 80
TABLE 16 5-10 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 80
TABLE 17 5-10 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 81
TABLE 18 5-10 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 81
TABLE 19 5-10 TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 81
6.4 ABOVE 10 TONS 82
6.4.1 USAGE IN HEAVY-DUTY OPERATIONS TO DRIVE DEMAND 82
TABLE 20 ABOVE 10-TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 82
TABLE 21 ABOVE 10-TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 82
TABLE 22 ABOVE 10-TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 83
TABLE 23 ABOVE 10-TONS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 83
7 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION 84
Note: The market size and forecast of each application is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
7.1 INTRODUCTION 85
7.1.1 RESEARCH METHODOLOGY 85
7.1.2 ASSUMPTIONS 85
7.1.3 INDUSTRY INSIGHTS 86
FIGURE 33 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION,
2021 VS 2027 (USD MILLION) 86
TABLE 24 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION, 2018–2020 (UNITS) 86
TABLE 25 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION, 2021–2027 (UNITS) 87
TABLE 26 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION,
2018–2020 (USD MILLION) 87
TABLE 27 AUTONOMOUS FORKLIFT MARKET, BY APPLICATION,
2021–2027 (USD MILLION) 87
7.2 MANUFACTURING 88
7.2.1 BENEFITS LIKE EFFICIENCY OF OPERATIONS TO DRIVE DEMAND 88
TABLE 28 MANUFACTURING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 88
TABLE 29 MANUFACTURING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 88
TABLE 30 MANUFACTURING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 89
TABLE 31 MANUFACTURING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 89
7.3 WAREHOUSING 89
7.3.1 INCREASING PRODUCT DIFFERENTIATION AND REDUCED PALLET SIZE TO DRIVE DEMAND 89
TABLE 32 WAREHOUSING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 90
TABLE 33 WAREHOUSING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 90
TABLE 34 WAREHOUSING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 90
TABLE 35 WAREHOUSING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 91
7.4 MATERIAL HANDLING 91
7.4.1 INCREASE IN DATA-DRIVEN AUTOMATED TECHNOLOGY TO DRIVE DEMAND 91
TABLE 36 MATERIAL HANDLING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 91
TABLE 37 MATERIAL HANDLING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 92
TABLE 38 MATERIAL HANDLING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 92
TABLE 39 MATERIAL HANDLING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 92
7.5 LOGISTICS AND FREIGHT 93
7.5.1 NEED FOR REDUCTION IN DELIVERY TIME AND RISING CONCERNS OVER DAMAGES AND LOSS OF GOODS TO DRIVE DEMAND 93
TABLE 40 LOGISTICS AND FREIGHT: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 93
TABLE 41 LOGISTICS AND FREIGHT SENSOR MARKET, BY REGION, 2021–2027 (UNITS) 93
TABLE 42 LOGISTICS AND FREIGHT: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 94
TABLE 43 LOGISTICS AND FREIGHT: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 94
7.6 OTHER APPLICATIONS 94
TABLE 44 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 95
TABLE 45 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 95
TABLE 46 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 95
TABLE 47 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 96
 
8 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY 97
Note: The market size and forecast of each navigation technology is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
8.1 INTRODUCTION 98
8.1.1 RESEARCH METHODOLOGY 98
8.1.2 ASSUMPTIONS 98
8.1.3 INDUSTRY INSIGHTS 99
FIGURE 34 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY,
2021 VS 2027 (USD MILLION) 99
TABLE 48 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY,
2018–2020 (USD MILLION) 99
TABLE 49 AUTONOMOUS FORKLIFT MARKET, BY NAVIGATION TECHNOLOGY,
2021–2027 (USD MILLION) 100
8.2 LASER GUIDANCE 100
8.2.1 SPEED, ACCURACY, GROWING PRODUCT DIFFERENTIATION,
AND COMPLEXITIES OF AGV TRACKS TO DRIVE DEMAND 100
TABLE 50 LASER GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 101
TABLE 51 LASER GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 101
8.3 MAGNETIC GUIDANCE 102
8.3.1 EASE OF INSTALLATION AND LOW COST OF OPERATION TO DRIVE DEMAND 102
TABLE 52 MAGNETIC GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 102
TABLE 53 MAGNETIC GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 102
8.4 INDUCTIVE GUIDANCE 103
8.4.1 GROWING APPLICATIONS IN OUTDOOR ENVIRONMENTS TO DRIVE DEMAND 103
TABLE 54 INDUCTIVE GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 103
TABLE 55 INDUCTIVE GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 103
8.5 OPTICAL TAPE GUIDANCE 104
8.5.1 GROWING APPLICATIONS IN NON-INDUSTRIAL SETTINGS TO DRIVE DEMAND 104
TABLE 56 OPTICAL TAPE GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 104
TABLE 57 OPTICAL TAPE GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 104
8.6 VISION GUIDANCE 105
8.6.1 REAL-TIME PATH OPTIMIZATION AND OBSTACLE DETECTION TO DRIVE DEMAND 105
TABLE 58 VISION GUIDANCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 105
TABLE 59 VISION GUIDANCE AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 105
8.7 OTHER NAVIGATION TECHNOLOGIES 106
TABLE 60 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 106
TABLE 61 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (SUNDAY, FAUSD MILLION) 106
9 AUTONOMOUS FORKLIFT MARKET, BY END USE INDUSTRY 107
Note: The market size and forecast of each end use industry is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
9.1 INTRODUCTION 108
9.1.1 RESEARCH METHODOLOGY 108
9.1.2 ASSUMPTIONS 108
9.1.3 INDUSTRY INSIGHTS 109
FIGURE 35 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY,
2021 VS 2027 (USD MILLION) 109
TABLE 62 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY, 2018–2020 (UNITS) 110
TABLE 63 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY, 2021–2027 (UNITS) 110
TABLE 64 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY,
2018–2020 (USD MILLION) 111
TABLE 65 AUTONOMOUS FORKLIFT MARKET, BY INDUSTRY,
2021–2027 (USD MILLION) 111
9.2 THIRD-PARTY LOGISTICS (3PL) 112
9.2.1 NEED FOR SAFE AND SPEEDY STORAGE TO DRIVE DEMAND 112
TABLE 66 THIRD-PARTY LOGISTICS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 112
TABLE 67 THIRD-PARTY LOGISTICS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 113
TABLE 68 THIRD-PARTY LOGISTICS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 113
TABLE 69 THIRD-PARTY LOGISTICS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 113
9.3 FOOD & BEVERAGES 114
9.3.1 NEED TO REDUCE OPERATIONAL COSTS TO DRIVE DEMAND 114
TABLE 70 FOOD & BEVERAGES: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 114
TABLE 71 FOOD & BEVERAGES: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 115
TABLE 72 FOOD & BEVERAGES: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 115
TABLE 73 FOOD & BEVERAGES: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 115
9.4 AUTOMOTIVE 116
9.4.1 NEED FOR EFFICIENT INVENTORY MANAGEMENT TO DRIVE DEMAND 116
TABLE 74 AUTOMOTIVE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 116
TABLE 75 AUTOMOTIVE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 117
TABLE 76 AUTOMOTIVE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 117
TABLE 77 AUTOMOTIVE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 117
9.5 PAPER & PULP 118
9.5.1 NEED FOR OPTIMIZATION OF BOTTLENECKS TO DRIVE DEMAND 118
TABLE 78 PAPER & PULP: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 118
TABLE 79 PAPER & PULP: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 119
TABLE 80 PAPER & PULP: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 119
TABLE 81 PAPER & PULP: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 119
9.6 METALS & HEAVY MACHINERY 120
9.6.1 NEED FOR EFFICIENT OPERATIONS TO DRIVE DEMAND 120
TABLE 82 METALS & HEAVY MACHINERY: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2018–2020 (UNITS) 120
TABLE 83 METALS & HEAVY MACHINERY: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2021–2027 (UNITS) 121
TABLE 84 METALS & HEAVY MACHINERY: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2018–2020 (USD MILLION) 121
TABLE 85 METALS & HEAVY MACHINERY: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2021–2027 (USD MILLION) 121
9.7 E-COMMERCE 122
9.7.1 NEED TO OPTIMIZE WAREHOUSING OPERATIONS TO DRIVE DEMAND 122
TABLE 86 E-COMMERCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 122
TABLE 87 E-COMMERCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 123
TABLE 88 E-COMMERCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 123
TABLE 89 E-COMMERCE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 123
9.8 AVIATION 124
9.8.1 INCREASING MANUFACTURING AND ASSEMBLY OPERATIONS TO DRIVE DEMAND 124
TABLE 90 AVIATION: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 124
TABLE 91 AVIATION: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 124
TABLE 92 AVIATION: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 125
TABLE 93 AVIATION: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 125
9.9 SEMICONDUCTORS & ELECTRONICS 125
9.9.1 NEED FOR CLEANROOM WAREHOUSING PROCESS TO DRIVE DEMAND 125
TABLE 94 SEMI-CONDUCTORS & ELECTRONICS: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2018–2020 (UNITS) 126
TABLE 95 SEMI-CONDUCTORS & ELECTRONICS: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2021–2027 (UNITS) 126
TABLE 96 SEMI-CONDUCTORS & ELECTRONICS: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2018–2020 (USD MILLION) 126
TABLE 97 SEMI-CONDUCTORS & ELECTRONICS: AUTONOMOUS FORKLIFT MARKET,
BY REGION, 2021–2027 (USD MILLION) 127
9.10 CHEMICAL 127
9.10.1 NEED TO ENSURE WORKPLACE SAFETY OF EMPLOYEES AND MANAGE WORKFLOW EFFECTIVELY TO DRIVE DEMAND 127
TABLE 98 CHEMICAL: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 127
TABLE 99 CHEMICAL: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 128
TABLE 100 CHEMICAL: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 128
TABLE 101 CHEMICAL: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 128
9.11 HEALTHCARE 129
9.11.1 NEED FOR AUTOMATED WAREHOUSING OPERATIONS TO DRIVE DEMAND 129
TABLE 102 HEALTHCARE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 129
TABLE 103 HEALTHCARE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 130
TABLE 104 HEALTHCARE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 130
TABLE 105 HEALTHCARE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 130
9.12 OTHERS 131
TABLE 106 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 131
TABLE 107 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 132
TABLE 108 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 132
TABLE 109 OTHERS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 132
10 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION 133
Note: The market size and forecast of each propulsion type is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
10.1 INTRODUCTION 134
10.1.1 RESEARCH METHODOLOGY 134
10.1.2 ASSUMPTIONS 134
10.1.3 INDUSTRY INSIGHTS 135
FIGURE 36 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION,
2021 VS. 2027 (USD MILLION) 135
TABLE 110 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION, 2018–2020 (UNITS) 135
TABLE 111 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION, 2021–2027 (UNITS) 136
TABLE 112 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION,
2018–2020 (USD MILLION) 136
TABLE 113 AUTONOMOUS FORKLIFT MARKET, BY PROPULSION,
2021–2027 (USD MILLION) 136
10.2 ELECTRIC 137
10.2.1 FOCUS ON ZERO-EMISSION WORKING ENVIRONMENT TO DRIVE DEMAND 137
TABLE 114 ELECTRIC: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 137
TABLE 115 ELECTRIC: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 137
TABLE 116 ELECTRIC: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 138
TABLE 117 ELECTRIC: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 138
10.3 INTERNAL COMBUSTION ENGINE (ICE) 138
10.3.1 INCREASE IN HEAVY-DUTY OPERATIONS TO DRIVE DEMAND 138
TABLE 118 ICE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 139
TABLE 119 ICE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 139
TABLE 120 ICE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 139
TABLE 121 ICE: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 140
10.4 ALTERNATE FUELS 140
10.4.1 GROWING HEAVY INDUSTRY OPERATIONS AND CHANGING PRICES OF CONVENTIONAL FUELS TO DRIVE DEMAND 140
TABLE 122 ALTERNATE FUELS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 140
TABLE 123 ALTERNATE FUELS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 141
TABLE 124 ALTERNATE FUELS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 141
TABLE 125 ALTERNATE FUELS: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 141
11 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL 142
Note: The market size and forecast of each sales channel is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
11.1 INTRODUCTION 143
11.1.1 RESEARCH METHODOLOGY 143
11.1.2 ASSUMPTIONS 143
11.1.3 INDUSTRY INSIGHTS 144
FIGURE 37 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL,
2021 VS. 2027 (USD MILLION) 144
TABLE 126 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL, 2018–2020 (UNITS) 144
TABLE 127 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL, 2021–2027 (UNITS) 144
TABLE 128 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL,
2018–2020 (USD MILLION) 145
TABLE 129 AUTONOMOUS FORKLIFT MARKET, BY SALES CHANNEL,
2021–2027 (USD MILLION) 145
11.2 IN-HOUSE PURCHASE 145
11.2.1 LONG DURATION USAGE TO DRIVE DEMAND 145
TABLE 130 IN-HOUSE PURCHASE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 146
TABLE 131 IN-HOUSE PURCHASE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 146
TABLE 132 IN-HOUSE PURCHASE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 146
TABLE 133 IN-HOUSE PURCHASE: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 147
11.3 LEASING 147
11.3.1 NEED FOR BUDGETING STABILITY TO DRIVE DEMAND 147
TABLE 134 LEASING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 147
TABLE 135 LEASING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 148
TABLE 136 LEASING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 148
TABLE 137 LEASING: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 148
12 AUTONOMOUS FORKLIFT MARKET, BY TYPE 149
Note: The market size and forecast of each type is further segmented into regions – Asia Pacific, Europe, North America, and Rest of the World
12.1 INTRODUCTION 150
12.1.1 RESEARCH METHODOLOGY 150
12.1.2 ASSUMPTIONS 150
12.1.3 INDUSTRY INSIGHTS 151
FIGURE 38 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2021 VS 2027 (USD MILLION) 151
TABLE 138 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2018–2020 (UNITS) 151
TABLE 139 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2021–2027 (UNITS) 151
TABLE 140 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2018–2020 (USD MILLION) 152
TABLE 141 AUTONOMOUS FORKLIFT MARKET, BY TYPE, 2021–2027 (USD MILLION) 152
12.2 INDOOR 152
12.2.1 GROWTH OF GLOBAL E-COMMERCE INDUSTRY TO DRIVE DEMAND 152
TABLE 142 INDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 153
TABLE 143 INDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 153
TABLE 144 INDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 153
TABLE 145 INDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 153
12.3 OUTDOOR 154
12.3.1 GROWING AUTOMATION IN LOGISTICS AND FREIGHT SECTOR TO DRIVE DEMAND 154
TABLE 146 OUTDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (UNITS) 154
TABLE 147 OUTDOOR AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (UNITS) 155
TABLE 148 OUTDOOR: AUTONOMOUS FORKLIFT MARKET, BY REGION,
2018–2020 (USD MILLION) 155
TABLE 149 OUTDOOR AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021–2027 (USD MILLION) 155
13 AUTONOMOUS FORKLIFT MARKET, BY REGION 156
Note: The market size and forecast of each country is further segmented into autonomous forklift tonnage capacity – Below 5 Tons, 5-10 Tons, and Above 10 Tons
13.1 INTRODUCTION 157
13.1.1 RESEARCH METHODOLOGY 157
13.1.2 ASSUMPTIONS 158
13.1.3 INDUSTRY INSIGHTS 158
FIGURE 39 AUTONOMOUS FORKLIFT MARKET, BY REGION,
2021 VS. 2027 (USD MILLION) 158
TABLE 150 AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (UNITS) 159
TABLE 151 AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (UNITS) 159
TABLE 152 AUTONOMOUS FORKLIFT MARKET, BY REGION, 2018–2020 (USD MILLION) 159
TABLE 153 AUTONOMOUS FORKLIFT MARKET, BY REGION, 2021–2027 (USD MILLION) 160
13.2 ASIA PACIFIC 160
FIGURE 40 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET SNAPSHOT 161
TABLE 154 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (UNITS) 161
TABLE 155 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (UNITS) 162
TABLE 156 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (USD MILLION) 162
TABLE 157 ASIA PACIFIC: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (USD MILLION) 162
13.2.1 CHINA 163
13.2.1.1 Growth of industrial sector to drive the market 163
TABLE 158 CHINA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 163
TABLE 159 CHINA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 164
TABLE 160 CHINA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 164
TABLE 161 CHINA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 164
13.2.2 INDIA 165
13.2.2.1 Growth of automotive and e-commerce sectors to drive the market 165
TABLE 162 INDIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 165
TABLE 163 INDIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 165
TABLE 164 INDIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 166
TABLE 165 INDIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 166
13.2.3 JAPAN 166
13.2.3.1 Growth of automation technologies to drive the market 166
TABLE 166 JAPAN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 167
TABLE 167 JAPAN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 167
TABLE 168 JAPAN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 167
TABLE 169 JAPAN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 167
13.2.4 SOUTH KOREA 168
13.2.4.1 Demand for increased efficiency to drive the market 168
TABLE 170 SOUTH KOREA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (UNITS) 168
TABLE 171 SOUTH KOREA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (UNITS) 168
TABLE 172 SOUTH KOREA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (USD MILLION) 169
TABLE 173 SOUTH KOREA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (USD MILLION) 169
13.3 NORTH AMERICA 169
FIGURE 41 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET SNAPSHOT 170
TABLE 174 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (UNITS) 171
TABLE 175 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (UNITS) 171
TABLE 176 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (USD MILLION) 171
TABLE 177 NORTH AMERICA: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (USD MILLION) 171
13.3.1 US 172
13.3.1.1 Inclination toward automation process to drive the market 172
TABLE 178 US: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 172
TABLE 179 US: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 172
TABLE 180 US: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 173
TABLE 181 US: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 173
13.3.2 MEXICO 173
13.3.2.1 Growth of foreign manufacturing units to drive the market 173
TABLE 182 MEXICO: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 174
TABLE 183 MEXICO: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 174
TABLE 184 MEXICO: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 174
TABLE 185 MEXICO: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 174
13.3.3 CANADA 175
13.3.3.1 Growing export infrastructure to drive the market 175
TABLE 186 CANADA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 175
TABLE 187 CANADA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 175
TABLE 188 CANADA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 176
TABLE 189 CANADA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 176
13.4 EUROPE 176
FIGURE 42 EUROPE: AUTONOMOUS FORKLIFT MARKET SNAPSHOT 177
TABLE 190 EUROPE: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (UNITS) 178
TABLE 191 EUROPE: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (UNITS) 178
TABLE 192 EUROPE: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2018–2020 (USD MILLION) 178
TABLE 193 EUROPE: AUTONOMOUS FORKLIFT MARKET, BY COUNTRY,
2021–2027 (USD MILLION) 179
13.4.1 GERMANY 179
13.4.1.1 High-volume logistics sector to drive the market 179
TABLE 194 GERMANY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (UNITS) 180
TABLE 195 GERMANY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (UNITS) 180
TABLE 196 GERMANY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (USD MILLION) 180
TABLE 197 GERMANY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (USD MILLION) 181
13.4.2 UK 181
13.4.2.1 Increase in automation in automotive sector to drive the market 181
TABLE 198 UK: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 182
TABLE 199 UK: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 182
TABLE 200 UK: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 182
TABLE 201 UK: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 182
13.4.3 FRANCE 183
13.4.3.1 Need for automation technology in growing industrial sectors to drive the market 183
TABLE 202 FRANCE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 183
TABLE 203 FRANCE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 184
TABLE 204 FRANCE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 184
TABLE 205 FRANCE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 184
13.4.4 RUSSIA 185
13.4.4.1 Expansion of warehouses to drive the market 185
TABLE 206 RUSSIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 185
TABLE 207 RUSSIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 185
TABLE 208 RUSSIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 185
TABLE 209 RUSSIA: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 186
13.4.5 ITALY 186
13.4.5.1 Thriving e-commerce sector to drive the market 186
TABLE 210 ITALY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 186
TABLE 211 ITALY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 187
TABLE 212 ITALY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 187
TABLE 213 ITALY: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 187
13.4.6 SPAIN 188
13.4.6.1 Strategic location for logistics and warehousing to drive the market 188
TABLE 214 SPAIN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (UNITS) 188
TABLE 215 SPAIN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (UNITS) 188
TABLE 216 SPAIN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2018–2020 (USD MILLION) 189
TABLE 217 SPAIN: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY,
2021–2027 (USD MILLION) 189
13.4.7 REST OF EUROPE 189
TABLE 218 REST OF EUROPE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (UNITS) 190
TABLE 219 REST OF EUROPE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (UNITS) 190
TABLE 220 REST OF EUROPE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2018–2020 (USD MILLION) 190
TABLE 221 REST OF EUROPE: AUTONOMOUS FORKLIFT MARKET, BY TONNAGE CAPACITY, 2021–2027 (USD MILLION) 191

Lawn Mower Market by Type (Walk-Behind, Riding & Robotic), End Use (Residential & Commercial), Propulsion Type (ICE & Electric), Battery Type (Lithium...

Publisher:        MarketsandMarkets

# of Pages:        205

Rating: 

1 User License $4,950

Publication Date:  March, 2022

Price:       $4,950 / User License




1 INTRODUCTION 25
1.1 OBJECTIVES 25
1.2 MARKET DEFINITION 26
1.2.1 INCLUSIONS & EXCLUSIONS 26
TABLE 1 SEGMENT-WISE INCLUSIONS & EXCLUSIONS 26
1.3 MARKET SCOPE 27
FIGURE 1 MARKET SEGMENTATION: LAWN MOWER MARKET 27
1.3.1 YEARS CONSIDERED FOR THE STUDY 27
1.3.2 LAWN MOWER MARKET, BY REGION 28
1.4 SUMMARY OF CHANGES 28
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
FIGURE 2 LAWN MOWER MARKET: RESEARCH DESIGN 29
FIGURE 3 RESEARCH METHODOLOGY MODEL 30
2.1.1 SECONDARY DATA 30
2.1.1.1 List of key secondary sources to estimate base numbers 31
2.1.1.2 List of key secondary lawn mower sources 31
2.1.1.3 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 33
2.1.2.1 Sampling techniques & data collection methods 33
2.2 MARKET SIZE ESTIMATION 34
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 34
2.2.1 BOTTOM-UP APPROACH: LAWN MOWER MARKET, BY TYPE 35
FIGURE 6 BOTTOM-UP APPROACH: LAWN MOWER MARKET 35
2.2.2 TOP-DOWN APPROACH: LAWN MOWER MARKET 36
FIGURE 7 TOP-DOWN APPROACH: LAWN MOWER MARKET BY END USE, BATTERY TYPE, LAWN SIZE, AUTONOMY, PROPULSION TYPE 36
FIGURE 8 LAWN MOWER MARKET: RESEARCH DESIGN & METHODOLOGY 36
2.2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 37
2.3 FACTOR ANALYSIS 38
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 38
FIGURE 9 DATA TRIANGULATION 39
2.4.1 GLOBAL ASSUMPTIONS 39
2.5 ASSUMPTIONS 40
2.6 RESEARCH LIMITATIONS 41
3 EXECUTIVE SUMMARY 42
3.1 PRE- VS POST-COVID-19 SCENARIO 42
FIGURE 10 PRE- VS POST-COVID-19 SCENARIO: LAWN MOWER MARKET,
2018–2027 (USD MILLION) 42
TABLE 2 LAWN MOWER MARKET: PRE- VS. POST-COVID-19 SCENARIO,
2019–2027 (USD MILLION) 42
3.2 REPORT SUMMARY 43
FIGURE 11 LAWN MOWER MARKET: MARKET OUTLOOK 43
FIGURE 12 LAWN MOWER MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 44
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES IN LAWN MOWER MARKET 46
FIGURE 13 INCREASING POPULARITY OF ELECTRIC AND ROBOTIC MODELS AND GROWING URBANIZATION TO DRIVE LAWN MOWER MARKET 46
4.2 LAWN MOWER MARKET, BY REGION 47
FIGURE 14 ASIA OCEANIA ESTIMATED TO BE FASTEST-GROWING LAWN MOWER MARKET DURING FORECAST PERIOD 47
4.3 LAWN MOWER MARKET, BY TYPE 47
FIGURE 15 ROBOTIC SEGMENT EXPECTED TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD 47
4.4 LAWN MOWER MARKET, BY BATTERY TYPE 48
FIGURE 16 LITHIUM-ION SEGMENT ESTIMATED TO LEAD MARKET DURING FORECAST PERIOD 48
4.5 LAWN MOWER MARKET, BY LAWN SIZE 48
FIGURE 17 MEDIUM LAWN SIZE MOWERS TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 48
4.6 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY 49
FIGURE 18 AUTONOMOUS LAWN MOWERS PROJECTED TO GROW WITH HIGHER CAGR THAN NON-AUTONOMOUS DURING FORECAST PERIOD 49
4.7 LAWN MOWER MARKET, BY END USE 49
FIGURE 19 COMMERCIAL SEGMENT ESTIMATED TO DOMINATE LAWN MOWER MARKET DURING FORECAST PERIOD 49
4.8 LAWN MOWER MARKET, BY PROPULSION TYPE 50
FIGURE 20 ELECTRIC LAWN MOWER SEGMENT TO DEMONSTRATE HIGH GROWTH DURING FORECAST PERIOD 50
5 MARKET OVERVIEW 51
5.1 INTRODUCTION 51
5.2 MARKET DYNAMICS 51
FIGURE 21 LAWN MOWER MARKET: MARKET DYNAMICS 52
5.2.1 DRIVERS 52
5.2.1.1 Increased demand for lawn mowers for residential purposes 52
FIGURE 22 GDP PER CAPITA (CURRENT USD) 53
5.2.1.2 Growth in demand for lawn mowers for commercial purposes 53
5.2.2 RESTRAINTS 53
5.2.2.1 Trade barriers and protectionist policies among different regions 53
5.2.2.2 High cost of lawn mowers 53
5.2.3 OPPORTUNITIES 54
5.2.3.1 Developments and growing popularity of electric and robotic mowers to drive demand 54
5.2.3.2 Introduction of Robots-as- a-Service (RaaS) business model 55
5.2.4 CHALLENGES 55
5.2.4.1 High accident rates 55
5.2.4.2 Increasing safety regulations and stringent emission standards to impact demand 55
5.3 COVID-19 IMPACT ON LAWN MOWER INDUSTRY 56
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES 56
FIGURE 23 REVENUE SHIFT FOR LAWN MOWER MARKET 56
5.5 LAWN MOWER MARKET SCENARIO 57
FIGURE 24 LAWN MOWER MARKET SCENARIO, 2022–2027 (USD MILLION) 57
5.5.1 MOST LIKELY/REALISTIC SCENARIO 57
TABLE 3 LAWN MOWER MARKET (REALISTIC SCENARIO), BY REGION,
2022–2027 (USD MILLION) 57
5.5.2 HIGH COVID-19 IMPACT SCENARIO 58
TABLE 4 LAWN MOWER MARKET (HIGH COVID-19 IMPACT SCENARIO), BY REGION, 2022–2027 (USD MILLION) 58
5.5.3 LOW COVID-19 IMPACT SCENARIO 58
TABLE 5 LAWN MOWER MARKET (LOW COVID-19 IMPACT SCENARIO), BY REGION, 2022–2027 (USD MILLION) 58
5.6 PATENT ANALYSIS 59
5.7 VALUE CHAIN ANALYSIS 64
FIGURE 25 VALUE CHAIN ANALYSIS: LAWN MOWER MARKET 64
5.8 CASE STUDY ANALYSIS- BY GREENZIE-FORT ROBOTICS 65
5.9 TECHNOLOGY ANALYSIS 66
5.10 MARKET ECOSYSTEM 66
TABLE 6 LAWN MOWER MARKET: MARKET ECOSYSTEM 67
5.11 PRICING ANALYSIS 68
TABLE 7 AVERAGE PRICES OF LAWN MOWER TYPES, 2020-2022 68
5.12 PORTER’S FIVE FORCES ANALYSIS 69
FIGURE 26 PORTER’S FIVE FORCES IMPACT ON LAWN MOWER MARKET 69
5.12.1 THREAT OF NEW ENTRANTS 70
5.12.2 THREAT OF SUBSTITUTES 70
5.12.3 BARGAINING POWER OF SUPPLIERS 70
5.12.4 BARGAINING POWER OF BUYERS 70
5.12.5 INTENSITY OF COMPETITIVE RIVALRY 71
5.13 TRADE ANALYSIS- MOWERS FOR LAWNS, PARKS, OR SPORTS GROUNDS 71
5.14 REGULATORY LANDSCAPE 74
5.15 KEY CONFERENCES & EVENTS IN 2022-2023 75
TABLE 8 LAWN MOWER MARKET: DETAILED LIST OF CONFERENCES & EVENTS 75
5.15.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
6 LAWN MOWER MARKET, BY DISTRIBUTION CHANNEL 77
6.1 INTRODUCTION 77
6.2 ONLINE DISTRIBUTION CHANNEL 77
6.2.1 INCREASE IN CUSTOMER PRESENCE ON DIGITAL PLATFORMS TO DRIVE DEMAND THROUGH ONLINE DISTRIBUTION CHANNEL 77
6.3 RETAIL DISTRIBUTION CHANNEL 77
6.3.1 RISE IN RETAIL STORES AND DEALER NETWORKS TO FUEL DEMAND THROUGH RETAIL CHANNEL 77
7 LAWN MOWER MARKET, BY TYPE 79
7.1 INTRODUCTION 80
7.1.1 RESEARCH METHODOLOGY 80
7.1.2 ASSUMPTIONS 80
7.1.3 INDUSTRY INSIGHTS: BY TYPE & REGION 81
FIGURE 27 LAWN MOWER MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 81
TABLE 9 LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 81
TABLE 10 LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 81
TABLE 11 LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 82
TABLE 12 LAWN MOWERMARKET, BY TYPE, 2022–2027 (USD MILLION) 82
7.2 RIDING LAWN MOWERS 82
7.2.1 INCREASING APPLICATION FOR MOWING LARGE SIZE LAWN SPACES EXPECTED TO FUEL SEGMENT GROWTH 82
TABLE 13 RIDING LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 83
TABLE 14 RIDING LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 83
TABLE 15 RIDING LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 83
TABLE 16 RIDING LAWN MOWER MARKET, BY REGION, 2022–2027 (USD MILLION) 83
7.3 WALK-BEHIND LAWN MOWERS 84
7.3.1 GROWING MARKET SHARE OF ROBOTIC AND RIDING MOWERS EXPECETD TO IMPACT WALK-BEHIND MOWER MARKET 84
TABLE 17 WALK-BEHIND LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 84
TABLE 18 WALK-BEHIND LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 84
TABLE 19 WALK-BEHIND LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 84
TABLE 20 WALK-BEHIND LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 85
7.4 ROBOTIC/AUTONOMOUS LAWN MOWERS 85
7.4.1 EUROPE TO BECOME LARGEST MARKET FOR ROBOTIC LAWN MOWERS 85
TABLE 21 ROBOTIC LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 85
TABLE 22 ROBOTIC LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 86
TABLE 23 ROBOTIC LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 86
TABLE 24 ROBOTIC LAWN MOWER MARKET, BY REGION, 2022–2027 (USD MILLION) 86
8 LAWN MOWERS MARKET, BY LAWN SIZE 87
8.1 INTRODUCTION 88
8.1.1 RESEARCH METHODOLOGY 88
8.1.2 ASSUMPTIONS 88
8.1.3 KEY INDUSTRY INSIGHTS 88
FIGURE 28 LAWN MOWER MARKET, BY LAWN SIZE, 2022 VS 2027 (USD MILLION) 89
TABLE 25 LAWN MOWER MARKET, BY LAWN SIZE, 2018–2021 (UNITS) 89
TABLE 26 LAWN MOWER MARKET, BY LAWN SIZE, 2022–2027 (UNITS) 89
8.2 SMALL LAWN SIZE 90
8.2.1 GROWING URBANIZATION RATE EXPECTED TO BE LARGEST MARKET WITH SMALL LAWN SIZE, DRIVING SALES FOR LAWN MOWERS 90
TABLE 27 SMALL LAWN SIZE: LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 90
TABLE 28 SMALL LAWN SIZE: LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 90
8.3 MEDIUM LAWN SIZE 91
8.3.1 GROWING COMMERCIAL PROPERTIES/SPACES EXPECTED TO FUEL MARKET 91
TABLE 29 MEDIUM LAWN SIZE: LAWN MOWER MARKET, BY REGION,
2018–2021 (UNITS) 91
TABLE 30 MEDIUM LAWN SIZE: LAWN MOWER MARKET, BY REGION,
2022–2027 (UNITS) 91
8.4 LARGE LAWN SIZE 92
8.4.1 GROWING AVAILABILITY OF GOLF CLUBS AND RESORTS TO BOOST MARKET 92
TABLE 31 LARGE LAWN SIZE: LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 92
TABLE 32 LARGE LAWN SIZE: LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 92
9 LAWN MOWER MARKET, BY END USER 93
9.1 INTRODUCTION 94
9.1.1 RESEARCH METHODOLOGY 94
9.1.2 INDUSTRY INSIGHTS 94
9.1.3 ASSUMPTIONS 95
FIGURE 29 LAWN MOWER MARKET, BY END USER, 2022 VS. 2027 (USD MILLION) 95
TABLE 33 LAWN MOWER MARKET, BY END USER, 2018–2021 (UNITS) 95
TABLE 34 LAWN MOWER MARKET, BY END USER, 2022–2027 (UNITS) 95
TABLE 35 LAWN MOWER MARKET, BY END USER, 2018–2021 (USD MILLION) 96
TABLE 36 LAWN MOWER MARKET, BY END USER, 2022–2027 (USD MILLION) 96
9.2 RESIDENTIAL 96
9.2.1 INCREASING TREND OF URBANIZATION AND BETTER LIVING SPACES TO DRIVE DEMAND FOR RESIDENTIAL SEGMENT 96
TABLE 37 RESIDENTIAL LAWN MARKET, BY REGION, 2018–2021 (UNITS) 96
TABLE 38 RESIDENTIAL LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 97
TABLE 39 RESIDENTIAL LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 97
TABLE 40 RESIDENTIAL LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 97
9.3 COMMERCIAL 98
9.3.1 RISE IN RENTAL LANDSCAPING SERVICES TO BOOST DEMAND FOR LAWN MOWERS 98
TABLE 41 COMMERCIAL LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 98
TABLE 42 COMMERCIAL LAWN MARKET, BY REGION, 2022–2027 (UNITS) 98
TABLE 43 COMMERCIAL LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 98
TABLE 44 COMMERCIAL LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 99
10 LAWN MOWER MARKET, BY PROPULSION TYPE 100
10.1 INTRODUCTION 101
10.1.1 RESEARCH METHODOLOGY 101
10.1.2 ASSUMPTIONS 101
10.1.3 INDUSTRY INSIGHTS: BY PROPULSION TYPE & REGION 101
FIGURE 30 LAWN MOWER MARKET, BY PROPULSION TYPE,
2022 VS. 2027 (USD MILLION) 102
TABLE 45 LAWN MOWER MARKET, BY PROPULSION TYPE, 2018–2021 (UNITS) 102
TABLE 46 LAWN MOWER MARKET, BY PROPULSION TYPE, 2022–2027 (UNITS) 102
TABLE 47 LAWN MOWER MARKET, BY PROPULSION TYPE, 2018–2021 (USD MILLION) 102
TABLE 48 LAWN MOWER MARKET, BY PROPULSION TYPE, 2022–2027 (USD MILLION) 103
10.2 ELECTRIC LAWN MOWERS 103
10.2.1 GOVERNMENT REGULATIONS, DEVELOPMENTS IN BATTERIES, AND LAUNCHES OF VARIOUS ELECTRIC MODEL-CORDLESS/ROBOTIC EXPECTED TO DRIVE MARKET 103
TABLE 49 ELECTRIC LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 103
TABLE 50 ELECTRIC LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 104
TABLE 51 ELECTRIC LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 104
TABLE 52 ELECTRIC LAWN MOWER MARKET, BY REGION, 2022–2027 (USD MILLION) 104
10.3 INTERNAL COMBUSTION ENGINE (ICE) LAWN MOWERS 105
10.3.1 HIGHER POWER OUTPUT AND EASY AFTER-SALES SERVICE DRIVE ICE LAWN MOWER MARKET 105
TABLE 53 INTERNAL COMBUSTION ENGINE LAWN MOWER MARKET, BY REGION,
2018–2021 (UNITS) 105
TABLE 54 INTERNAL COMBUSTION ENGINE LAWN MOWER MARKET, BY REGION,
2022–2027 (UNITS) 105
TABLE 55 INTERNAL COMBUSTION ENGINE LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 105
TABLE 56 INTERNAL COMBUSTION ENGINE LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 106
 
11 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY 107
11.1 INTRODUCTION 108
11.1.1 RESEARCH METHODOLOGY 108
11.1.2 ASSUMPTIONS 108
11.1.3 INDUSTRY INSIGHTS 109
FIGURE 31 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY,
2022 VS 2027 (USD MILLION) 109
TABLE 57 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY, 2018–2021 (UNITS) 109
TABLE 58 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY, 2022–2027 (UNITS) 109
TABLE 59 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY, 2018–2021 (USD MILLION) 110
TABLE 60 LAWN MOWER MARKET, BY LEVEL OF AUTONOMY,
2022–2027 (USD MILLION) 110
11.2 AUTONOMOUS LAWN MOWER 110
11.2.1 DEVELOPMENTS IN ROBOTIC LAWN MOWING SOLUTIONS EXPECTED TO DRIVE MARKET 110
TABLE 61 AUTONOMOUS LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 111
TABLE 62 AUTONOMOUS LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 111
TABLE 63 AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 111
TABLE 64 AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 111
11.3 NON-AUTONOMOUS LAWN MOWER 112
11.3.1 HIGHER POWER OUTPUT AND EASY REPAIR TO FUEL NON-AUTONOMOUS LAWN MOWER MARKET 112
TABLE 65 NON-AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2018–2021 (UNITS) 112
TABLE 66 NON-AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2022–2027 (UNITS) 112
TABLE 67 NON-AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2018–2021 (USD MILLION) 112
TABLE 68 NON-AUTONOMOUS LAWN MOWER MARKET, BY REGION,
2022–2027 (USD MILLION) 113
12 LAWN MOWER MARKET, BY REGION 114
12.1 INTRODUCTION 115
12.1.1 RESEARCH METHODOLOGY 115
12.1.2 ASSUMPTIONS/LIMITATIONS 115
12.1.3 INDUSTRY INSIGHTS 116
FIGURE 32 LAWN MOWER MARKET, BY REGION, 2022 VS. 2027 (USD MILLION) 116
TABLE 69 LAWN MOWER MARKET, BY REGION, 2018–2021 (UNITS) 116
TABLE 70 LAWN MOWER MARKET, BY REGION, 2022–2027 (UNITS) 117
TABLE 71 LAWN MOWER MARKET, BY REGION, 2018–2021 (USD MILLION) 117
TABLE 72 LAWN MOWER MARKET, BY REGION, 2022–2027 (USD MILLION) 117
 
12.2 ASIA OCEANIA 117
FIGURE 33 ASIA OCEANIA: ROBOTIC LAWN MOWER MARKET SNAPSHOT 118
TABLE 73 ASIA OCEANIA: LAWN MOWER MARKET, BY COUNTRY, 2018–2021 (UNITS) 119
TABLE 74 ASIA OCEANIA: LAWN MOWER MARKET, BY COUNTRY, 2022–2027 (UNITS) 119
TABLE 75 ASIA OCEANIA: LAWN MOWER MARKET, BY COUNTRY,
2018–2021 (USD MILLION) 119
TABLE 76 ASIA OCEANIA: LAWN MOWER MARKET, BY COUNTRY,
2022–2027 (USD MILLION) 120
12.2.1 CHINA 120
12.2.1.1 Increasing urbanization and planned cities in China expected to drive market 120
TABLE 77 CHINA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 120
TABLE 78 CHINA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 121
TABLE 79 CHINA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 121
TABLE 80 CHINA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 121
12.2.2 INDIA 121
12.2.2.1 Rise in lawn care industry to foster demand for lawn mowers in India 121
TABLE 81 INDIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 122
TABLE 82 INDIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 122
TABLE 83 INDIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 122
TABLE 84 INDIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 122
12.2.3 JAPAN 123
12.2.3.1 Inclination toward automation and technology to increase demand for lawn mowers in Japan for mowing operations 123
TABLE 85 JAPAN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 123
TABLE 86 JAPAN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 123
TABLE 87 JAPAN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 123
TABLE 88 JAPAN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 124
12.2.4 SOUTH KOREA 124
12.2.4.1 Residential segment expected to lead South Korean lawn mower market 124
TABLE 89 SOUTH KOREA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 124
TABLE 90 SOUTH KOREA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 124
TABLE 91 SOUTH KOREA: LAWN MOWER MARKET, BY TYPE,
2018–2021 (USD MILLION) 125
TABLE 92 SOUTH KOREA: LAWN MOWER MARKET, BY TYPE,
2022–2027 (USD MILLION) 125
12.2.5 AUSTRALIA 125
12.2.5.1 Walk-behind mower to be largest segment in Australian market 125
TABLE 93 AUSTRALIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 125
TABLE 94 AUSTRALIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 126
TABLE 95 AUSTRALIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 126
TABLE 96 AUSTRALIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 126
12.2.6 NEW ZEALAND 126
12.2.6.1 Establishment of botanical gardens and growing popularity of robotic lawn mowers to drive market in New Zealand 126
TABLE 97 NEW ZEALAND: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 127
TABLE 98 NEW ZEALAND: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 127
TABLE 99 NEW ZEALAND: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 127
TABLE 100 NEW ZEALAND: LAWN MOWER MARKET, BY TYPE,
2022–2027 (USD MILLION) 127
12.3 EUROPE 128
FIGURE 34 EUROPE: LAWN MOWER MARKET, BY COUNTRY,
2022 VS. 2027 (USD MILLION) 128
TABLE 101 EUROPE: LAWN MOWER MARKET, BY COUNTRY, 2018–2021 (UNITS) 128
TABLE 102 EUROPE: LAWN MOWER MARKET, BY COUNTRY, 2022–2027 (UNITS) 129
TABLE 103 EUROPE: LAWN MOWER MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 129
TABLE 104 EUROPE: LAWN MOWER MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 129
12.3.1 GERMANY 130
12.3.1.1 Robotic lawn mower segment projected to have highest growth rate in Germany 130
TABLE 105 GERMANY: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 130
TABLE 106 GERMANY: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 130
TABLE 107 GERMANY: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 130
TABLE 108 GERMANY: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 131
12.3.2 FRANCE 131
12.3.2.1 Walk-behind mower holds largest segment in France 131
TABLE 109 FRANCE: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 131
TABLE 110 FRANCE: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 131
TABLE 111 FRANCE: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 132
TABLE 112 FRANCE: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 132
12.3.3 UK 132
12.3.3.1 Increasing popularity of lawn mowers expected to drive UK market 132
TABLE 113 UK: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 132
TABLE 114 UK: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 133
TABLE 115 UK: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 133
TABLE 116 UK: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 133
12.3.4 ITALY 133
12.3.4.1 Walk-behind mowers to account largest segment in Italian market 133
TABLE 117 ITALY: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 134
TABLE 118 ITALY: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 134
TABLE 119 ITALY: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 134
TABLE 120 ITALY: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 134
12.3.5 SWEDEN 135
12.3.5.1 Robotic lawn mowers hold largest market share in Sweden 135
TABLE 121 SWEDEN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 135
TABLE 122 SWEDEN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 135
TABLE 123 SWEDEN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 135
TABLE 124 SWEDEN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 135
12.3.6 RUSSIA 136
12.3.6.1 Rapid urbanization and growing demand for automation propels lawn mower market in Russia 136
TABLE 125 RUSSIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 136
TABLE 126 RUSSIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 136
TABLE 127 RUSSIA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 136
TABLE 128 RUSSIA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 137
12.3.7 SPAIN 137
12.3.7.1 Increasing popularity of autonomous lawn mowers to drive market in Spain 137
TABLE 129 SPAIN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 137
TABLE 130 SPAIN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 137
TABLE 131 SPAIN: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 138
TABLE 132 SPAIN: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 138
12.3.8 REST OF EUROPE 138
12.3.8.1 Increasing adoption of automation and efficient solutions for mowing to raise demand in Rest of Europe 138
TABLE 133 REST OF EUROPE: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 138
TABLE 134 REST OF EUROPE: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 139
TABLE 135 REST OF EUROPE: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 139
TABLE 136 REST OF EUROPE: LAWN MOWER MARKET, BY TYPE,
2022–2027 (USD MILLION) 139
12.4 AMERICAS 139
FIGURE 35 AMERICAS: LAWN MOWER MARKET SNAPSHOT 140
TABLE 137 AMERICAS: LAWN MOWER MARKET, BY COUNTRY, 2018–2021 (UNITS) 140
TABLE 138 AMERICAS: LAWN MOWER MARKET, BY COUNTRY, 2022–2027 (UNITS) 141
TABLE 139 AMERICAS: LAWN MOWER MARKET, BY COUNTRY,
2018–2021 (USD MILLION) 141
TABLE 140 AMERICAS: LAWN MOWER MARKET, BY COUNTRY,
2022–2027 (USD MILLION) 141
12.4.1 US 142
12.4.1.1 Increasing adoption of advanced technology and stringent emission standards for mowing to result in higher demand for robotic mowers in US 142
TABLE 141 US: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 142
TABLE 142 US: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 142
TABLE 143 US: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 142
TABLE 144 US: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 143
12.4.2 CANADA 143
12.4.2.1 Walk-behind lawn mowers to be leading segment in Canada 143
TABLE 145 CANADA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 143
TABLE 146 CANADA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 143
TABLE 147 CANADA: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 144
TABLE 148 CANADA: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 144
12.4.3 MEXICO 144
12.4.3.1 Robotic lawn mowers to dominate market in Mexico 144
TABLE 149 MEXICO: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 144
TABLE 150 MEXICO: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 145
TABLE 151 MEXICO: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 145
TABLE 152 MEXICO: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 145
12.4.4 BRAZIL 145
12.4.4.1 Walk-behind lawn mowers to capture largest market share in Brazil 145
TABLE 153 BRAZIL: LAWN MOWER MARKET, BY TYPE, 2018–2021 (UNITS) 146
TABLE 154 BRAZIL: LAWN MOWER MARKET, BY TYPE, 2022–2027 (UNITS) 146
TABLE 155 BRAZIL: LAWN MOWER MARKET, BY TYPE, 2018–2021 (USD MILLION) 146
TABLE 156 BRAZIL: LAWN MOWER MARKET, BY TYPE, 2022–2027 (USD MILLION) 146
13 COMPETITIVE LANDSCAPE 147
13.1 OVERVIEW 147
TABLE 157 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENT AS KEY GROWTH STRATEGY, 2018-2021 147
13.2 LAWN MOWER MARKET SHARE ANALYSIS, 2020 149
TABLE 158 LAWN MOWER MARKET: MARKET SHARE ANALYSIS, 2020 149
FIGURE 36 LAWN MOWER MARKET SHARE, 2020 150
13.3 REVENUE ANALYSIS OF TOP 5 LAWN MOWER PLAYERS 150
TABLE 159 LAWN MOWER MARKET: COMPANY PRODUCT FOOTPRINT, 2021 151
TABLE 160 LAWN MOWER MARKET: COMPANY TYPE FOOTPRINT, 2021 152
TABLE 161 LAWN MOWER MARKET: COMPANY REGION FOOTPRINT, 2021 153
FIGURE 37 LAWN MOWER MANUFACTURERS: COMPETITIVE EVALUATION MATRIX, 2021 155
13.4 COMPETITIVE EVALUATION QUADRANT: LAWN MOWER MANUFACTURERS 156
13.4.1 STARS 156
13.4.2 EMERGING LEADERS 156
13.4.3 PERVASIVE PLAYERS 156
13.4.4 PARTICIPANTS 156
13.5 COMPETITIVE SCENARIO 157
13.5.1 NEW PRODUCT LAUNCHES 157
TABLE 162 PRODUCT LAUNCHES 157
13.5.2 DEALS 158
TABLE 163 DEALS 158
13.5.3 EXPANSIONS 158
 
14 COMPANY PROFILES 159
(Business Overview, Products Offered, Recent Developments, MnM View Right to win, Strategic choices made, Weaknesses and competitive threats) *
14.1 KEY PLAYERS 159
14.1.1 HONDA MOTOR CO., LTD. 159
TABLE 164 HONDA MOTOR CO., LTD: BUSINESS OVERVIEW 159
FIGURE 38 HONDA MOTOR CO., LTD: COMPANY SNAPSHOT 160
TABLE 165 HONDA: PRODUCTS OFFERED 160
TABLE 166 HONDA: NEW PRODUCT DEVELOPMENTS 161
TABLE 167 HONDA: DEALS 162
TABLE 168 HONDA: OTHER DEVELOPMENTS 162
14.1.2 JOHN DEERE 164
TABLE 169 JOHN DEERE: BUSINESS OVERVIEW 164
FIGURE 39 JOHN DEERE: COMPANY SNAPSHOT 165
TABLE 170 JOHN DEERE: PRODUCTS OFFERED 165
TABLE 171 HONDA: NEW PRODUCT DEVELOPMENTS 166
TABLE 172 JOHN DEERE: DEALS 166
14.1.3 HUSQVARNA 168
TABLE 173 HUSQVARNA GROUP: BUSINESS OVERVIEW 168
FIGURE 40 HUSQVARNA GROUP: COMPANY SNAPSHOT 169
TABLE 174 HUSQVARNA: PRODUCTS OFFERED 169
TABLE 175 HUSQVARNA: NEW PRODUCT DEVELOPMENT 170
TABLE 176 HUSQVARNA: DEALS 170
14.1.4 MTD PRODUCTS 172
TABLE 177 MTD PRODUCTS: BUSINESS OVERVIEW 172
TABLE 178 MTD: PRODUCTS OFFERED 172
TABLE 179 MTD PRODUCTS: NEW PRODUCT DEVELOPMENTS 174
TABLE 180 MTD PRODUCTS: DEALS 174
14.1.5 THE TORO COMPANY 176
TABLE 181 THE TORO COMPANY: BUSINESS OVERVIEW 176
FIGURE 41 THE TORO COMPANY: COMPANY SNAPSHOT 176
TABLE 182 THE TORO COMPANY: PRODUCTS OFFERED 177
TABLE 183 THE TORO COMPANY: NEW PRODUCT DEVELOPMENT 177
TABLE 184 THE TORO COMPANY: NEW DEALS 178
14.1.6 YAMABIKO CORPORATION 180
TABLE 185 YAMABIKO: BUSINESS OVERVIEW 180
FIGURE 42 YAMABIKO CORPORATION: COMPANY SNAPSHOT 181
TABLE 186 YAMABIKO: PRODUCTS OFFERED 181
TABLE 187 YAMABIKO CORPORATION: NEW PRODUCT DEVELOPMENTS 182
14.1.7 BOSCH 183
TABLE 188 BOSCH: BUSINESS OVERVIEW 183
FIGURE 43 BOSCH: COMPANY SNAPSHOT 183
TABLE 189 BOSCH: PRODUCTS OFFERED 184
TABLE 190 BOSCH: NEW PRODUCT DEVELOPMENT 184
14.1.8 KUBOTA 185
TABLE 191 KUBOTA: BUSINESS OVERVIEW 185
FIGURE 44 KUBOTA: COMPANY SNAPSHOT 186
TABLE 192 KUBOTA: PRODUCTS OFFERED 186
TABLE 193 KUBOTA: NEW PRODUCT DEVELOPMENTS 187
14.1.9 STIHL 188
TABLE 194 STIHL: BUSINESS OVERVIEW 188
TABLE 195 STIHL: PRODUCTS OFFERED 188
TABLE 196 STIHL: DEALS 189
14.1.10 ARIENS COMPANY (ARIENSCO) 190
TABLE 197 ARIENSCO: BUSINESS OVERVIEW 190
TABLE 198 ARIENS COMPANY: PRODUCTS OFFERED 190
14.2 OTHER KEY PLAYERS 191
14.2.1 IROBOT CORPORATION 191
TABLE 199 IROBOT CORPORATION: BUSINESS OVERVIEW 191
14.2.2 GREENWORKS 191
TABLE 200 GREENWORKS: BUSINESS OVERVIEW 191
14.2.3 EGO POWER PLUS 192
TABLE 201 EGO POWER PLUS: BUSINESS OVERVIEW 192
14.2.4 AMERICAN LAWN MOWER COMPANY 192
TABLE 202 AMERICAN LAWN MOWER COMPANY: BUSINESS OVERVIEW 192
14.2.5 FERRIS 193
TABLE 203 FERRIS: BUSINESS OVERVIEW 193
14.2.6 BAD BOY MOWERS 193
TABLE 204 BAD BOY MOWERS: BUSINESS OVERVIEW 193
14.2.7 LASTEC 194
TABLE 205 LASTEC: BUSINESS OVERVIEW 194
14.2.8 JACOBSEN 194
TABLE 206 JACOBSEN: BUSINESS OVERVIEW 194
14.2.9 AL-KO 195
TABLE 207 AL-KO: BUSINESS OVERVIEW 195
14.2.10 STIGA 196
TABLE 208 STIGA: BUSINESS OVERVIEW 196
14.2.11 MAMIBOT MANUFACTURING USA INC 196
TABLE 209 MAMIBOT MANUFACTURING USA INC: BUSINESS OVERVIEW 196
14.2.12 ZUCCHETTI CENTRO SISTEMI 197
TABLE 210 ZUCCHETTI CENTRO SISTEMI: BUSINESS OVERVIEW 197
*Details on Business Overview, Products Offered, Recent Developments, MnM View, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
15 RECOMMENDATIONS BY MARKETSANDMARKETS 198
15.1 ASIA OCEANIA ESTIMATED TO BE ATTRACTIVE MARKET FOR LAWN MOWER MARKET 198
15.2 RIDING LAWN MOWERS ARE EXPECTED TO CREATE NEW REVENUE POCKETS IN FUTURE 198
15.3 ROBOTIC LAWN MOWER EXPECTED TO OFFER ATTRACTIVE OPPORTUNITIES TO MANUFACTURERS 199
15.4 CONCLUSION 199
16 APPENDIX 200
16.1 CURRENCY & PRICING 200
TABLE 211 CURRENCY EXCHANGE RATES (WRT PER USD) 200
16.2 INSIGHTS OF INDUSTRY EXPERTS 201
16.3 DISCUSSION GUIDE 202
16.4 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 205
16.5 AVAILABLE CUSTOMIZATIONS 207
16.5.1 ROBOTIC LAWN MOWER MARKET, BY HARDWARE 207
16.5.2 ROBOTIC LAWN MOWER MARKET, BY SOFTWARE 207
16.5.3 LAWN MOWER MARKET, BY CUTTING SYSTEM SEGMENT 207
16.5.4 LAWN MOWER MARKET, BY ENGINE POWER 207
16.6 RELATED REPORTS 208
16.7 AUTHOR DETAILS 209