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The automatic lawn mower market is poised to grow strongly with an expected value of $5.8 billion by 2031: Technological advancements and consumer trends driving a CAGR of 7.5%: Market Research Intellect

The automatic lawn mower market is poised to grow strongly with an expected value of .8 billion by 2031: Technological advancements and consumer trends driving a CAGR of 7.5%: Market Research Intellect

The automatic lawn mower market is expected to witness significant growth from 2024 to 2031. Driven by advancements in robotics and AI technology, increasing consumer preference for efficient and eco-friendly lawn care solutions, and rising disposable incomes, the market is expected to grow significantly. With a growing focus on automation and smart home integration, automatic lawn mowers are gaining popularity due to their convenience and precision. This trend is further supported by continuous innovations and improvements in battery life, operational efficiency, and user-friendly features. As a result, the market is likely to experience a robust CAGR, reflecting strong demand and significant investment opportunities in the sector.

LEWES, Del., September 19, 2024 /PRNewswire/ — The automatic lawn mower market is estimated to be around $3.5 billion and is expected to be approximately $5.8 billion by 2031, with a compound annual growth rate (CAGR) of approximately 7.5%.