Global Robotic Lawn Mower Market Forecast & Analysis (2015-2021) 1 | Page 3

Robotic Lawn Mower – Market Dynamics A robotic lawn mower is a service robot. Service robots are intelligent machines that perform a variety of complex and simple tasks that might be time-consuming or repetitive. Service robots are broadly classified into two categories: professional service robots and personal/domestic service robots. Market research analysts at MarketIntelReports, expect the Worldwide Robotic Lawn Mower Market to reach approx. US$1,987 million by 2021. The Worldwide Robotic Lawn Mower Market has been segmented on the basis of technology and geographical region. The Global Power Lawn Mower market is expected to grow at a CAGR of around 4% between 2016 and 2021. Europe accounted for the largest market share of more than 60% of the market in 2015; it is expected to grow at a high CAGR of around 16% between 2016 and 2021. However, APAC market is expected to account for a share of around 5% of the market in 2021. Download Sample Brochure