The new robotic lawn mower market research from Technavio indicates Neutral & Inferior growth in the short term as the business impact of COVID-19 spreads.
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Technavio has announced its latest market research report titled Global Robotic Lawn Mower Market 2020-2024 (Graphic: Business Wire)
“One of the primary growth drivers for this market is the demand from commercial segment,” says a senior analyst for Industrials sector at Technavio.
The increasing demand from the commercial segment will be a significant factor in driving the growth of the robotic lawn mower market. Technological innovations have enabled market vendors to overcome challenges, such as low productivity, limited battery life, and the need for frequent maintenance of robotic lawn mowers. The adjustable shock absorbers components present in robotic lawn mowers adjust according to the slope and allow it to perform lawn mowing activity in