Global Lawn Mower Batteries Market 2017-2021
About Lawn Mower Batteries
Lawn mower batteries provide the necessary power required for the lawn mowers to mow lawns. These batteries are specifically made for electric, battery operated, and hybrid lawn mowers. Power lawn mowers have evolved from the traditional hand-guided mowers to automatic electric mowers. Advances in technology have led to the development of lightweight power lawn mowers and battery-powered lawn mowers. The robotic lawn mower is one such innovative product available in the market. Increasing availability of such products with improved features has contributed to an increased interest in gardening.
Technavio’s analysts forecast the global lawn mower batteries market to grow at a CAGR of 4.52% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global lawn mower batteries market for 2017-2021. To calculate the market size, the report considers the new installations and excludes retrofit/ replacement/spares/aftermarket/services market. The retail selling price is considered as the average selling price of the product.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Lawn Mower Batteries Market 2017-2021
Technavio recognizes the following companies as the key players in the global lawn mower batteries market: East Penn Manufacturing, Exide Technologies, Johnson Controls, Trojan Battery, and Yuasa Battery.
Other Prominent Vendors in the market are: ANHUI UPLUS ENERGY TECHNOLOGY, Harris Battery, Marshall Batteries, and Yucell Industry.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is use of Li-ion batteries in lawn mowers. VRLA or lead acid batteries are the most preferred batteries for lawn mowers, as the lead-acid battery technology is the oldest technology in the market. The maintenance of lead-acid batteries is considered to be a major challenge due to the need to monitor and replace them regularly. Lead-acid batteries need to be replaced within a period of 3-5 years.”
According to the report, one of the major drivers for this market is adoption of green roofs. Green roofs have several benefits such as the ability to filter airborne pollutants, reduce CO₂ emissions, and reduce energy consumption. Economic growth worldwide has led to rapid industrialization and has created many environmental problems. Global temperatures are increasing at an alarming rate because of the increase in population, rapid industrialization, and the exponential increase in the number of vehicles. Green roof adoption offers an efficient solution to emissions and pollution and is rapidly picking up in most of the developed countries across the globe.
Further, the report states that one of the major factors hindering the growth of this market is regulations on lead pollution. Lead-acid batteries account for more than 85% of the overall global production of lead. The standard configuration of lead-acid batteries involves lead plates placed in sulfuric acid within a plastic casting. The recycling of lead-acid batteries reduces the number of batteries that are disposed of as solid waste; however, as batteries contain a high amount of lead oxide toxins, they are harmful to the environment. Once lead-acid batteries stop yielding efficiency, they eventually become unusable and are considered as hazardous waste. The recycling of lead-acid batteries in densely populated areas with limited pollution checks has a negative impact on the environment.
East Penn Manufacturing, Exide Technologies, Johnson Controls, Trojan Battery, Yuasa Battery, ANHUI UPLUS ENERGY TECHNOLOGY, Harris Battery, Marshall Batteries, and Yucell Industry.
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