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South Korea $400+ Mn Lawnmowers Market - Opportunity & Growth Assessment 2019-2024

Dublin, May 24, 2019 (GLOBE NEWSWIRE) -- The "South Korea Lawnmowers Market - Opportunity & Growth Assessment 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The lawnmowers market in South Korea is likely to reach over $400 million, registering an absolute growth rate of over 43% in 2018-2024.

A strong growth forecast for lawn mowers in South Korea can be attributed to a number of factors such as increasing sporting activities, including golf and football, growing trend of lawns and gardens beautification, innovative robotic offerings by vendors, and the expansion of green spaces across the country.

The lawnmowers market in South Korea is driven by factors such as growing interests in backyard beautification, introduction of models with ease of usage, and increased adoption of robotic models with connectivity and smart features such as lawn mapping and navigation. The report provides an in-depth market and segmental analysis of the lawn mower market by products, end-users, distribution channels, and fuel type.

Key Highlights of the Report:

  • The walk-behind segment was the major revenue contributor to the lawn mowers market in South Korea in 2018.
  • The robotic mower segment is projected to grow at a high CAGR of over 25% during the forecast period.
  • Pushmowers are growing in the walk-behind segment with a market share of over 30%
  • In the ride-on mowers segment, zero-turn mowers and lawn tractors jointly comprise more than 35% revenue share.
  • LG Electronics is working toward developing robotic lawn mowers that are having considerable demand in the South Korean market

Report Offerings:

  • A detailed study of the existing market landscape, an in-depth industry analysis, and insightful predictions about the size of the lawnmowers market in South Korea for the current and forecast period
  • Classification of the lawnmowers market into multiple segments and sub-segments and the analysis of each segment's market sizing and forecast
  • A comprehensive analysis of the latest market trends, potential opportunities, and growth restraints, and future market prospects for the lawnmowers industry in South Korea
  • An assessment of the competitive landscape and market share listing of major and emerging vendors
  • A transparent market research methodology and the analysis of the demand and supply aspect of the market

Why Purchase this Report?

  • To gain competitive intelligence about the industry and players in the market
  • To focus on the niche market and customize the report to a specific country
  • To offer a presentation-ready format and easy-to-interpret data
  • To enable decision-makers to make informed and profitable choices
  • To provide the expert quantitative and qualitative analysis on the revenue and growth projections of the lawnmowers market

Key Topics Covered:

1. Agenda

2. Market Definition

3. Scope of Study
3.1. Inclusion
3.2. Exclusion

4. Report Assumptions

5. Index

6. Lawn Mower Market Size & Forecast 2018-2024
6.1. Revenue
6.2. Unit Shipment

7. Market by Product Type
7.1. Walk-behind Lawn Mower
7.1.1. Market Overview
7.1.2. Market Size & Forecast - Revenue 2018-2024
7.1.3. Market Size & Forecast - Unit Shipment 2018-2024
7.1.4. Market by Product Type
7.1.4.1 Self-propelled Lawn Mower
7.1.4.4. Push Mower
7.1.4.5. Hover Mower
7.1.4.6. Reel/Cylinder Mower
7.2. Ride-on Mower Market
7.2.1. Market Overview
7.2.2. Market Size & Forecast - Revenue 2018-2024
7.2.3. Market Size & Forecast - Unit Shipment 2018-2024
7.2.4. Market by Product Type
7.2.4.1. Standard Ride-on Mower
7.2.4.2. Zero-turn Lawn Mower
7.2.4.3. Lawn Tractors
7.2.4.4. Garden Tractors
7.3. Robotic Lawn Mower Market

8. Lawn Mower Market by End-users
8.1. Market Overview
8.2. Market by End-user Type
8.2.1. Residential Users
8.2.2. Professional Landscaping Services
8.2.3. Golf Courses
8.2.4. Government & Others

9. Lawn Mower Market by Fuel Type
9.1. Market Overview
9.2. Market by Fuel Type
9.2.1. Gas-powered Lawn Mower
9.2.2. Electric-powered Lawn Mower
9.2.3. Manual-powered Lawn Mowers
9.2.4. Propane-powered Lawn Mowers

10. Lawn Mower Market by Distribution Channels

11. Lawn Mower Market - Key Trends

12. Lawn Mower Market - Key Drivers

13. Lawn Mower Market - Key Restraints

14. Competitive Landscape
14.1. Key Market Players
14.2. Market Vendor Share 2018

Companies Mentioned

  • Deere & Co.
  • Honda Power Equipment
  • Kubota
  • MTD Products
  • Robert Bosch
  • The Toro Company
  • Ariens Company
  • DENNA
  • Black+Decker
  • Bobcat Company
  • Briggs & Stratton
  • STIGA
  • Hustler Turf Equipment
  • STIHL
  • WEIBANG
  • AL-KO
  • Makita Corporation
  • Yard Force
  • SCAG Power Equipment

For more information about this report visit https://www.researchandmarkets.com/r/3ys7vr

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

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                    Related Topics: Gardening Supplies and Equipment
                    

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