Robotic Lawn Mower Market Set to Triple Over Next Decade As Homeowners Embrace Sustainability and Smart Technology
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Robotic lawn mower market value expected to surge from $1.1 billion in 2024 to $3.5 billion by 2034, reflecting a 12.5% CAGR.
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Growing adoption of smart home technologies and shift towards sustainable living driving demand.
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High initial costs and concerns about reliability & effectiveness pose barriers to widespread adoption.
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Integration with smart home ecosystems and enhancements in navigation systems among key industry trends.
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Untapped commercial landscaping and municipal maintenance segments offer significant growth opportunities.