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$260.7 Million Worldwide Lawn Mower Batteries Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

The "Lawn Mower Batteries - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to the 7th edition of this report. The 190-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Lawn Mower Batteries Market to Reach $260.7 Million by 2027

Amid the COVID-19 crisis, the global market for Lawn Mower Batteries estimated at US$193.4 Million in the year 2020, is projected to reach a revised size of US$260.7 Million by 2027, growing at a CAGR of 4.4% over the period 2020-2027.

Lead-Acid Batteries, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$166.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Li-Ion Batteries segment is readjusted to a revised 5.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $52.2 Million, While China is Forecast to Grow at 7% CAGR

The Lawn Mower Batteries market in the U.S. is estimated at US$52.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$53.3 Million by the year 2027 trailing a CAGR of 7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.5% and 3.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.

Competitors identified in this market include, among others:

  • Anhui Uplus Energy Technology Co. Ltd.

  • East Penn Manufacturing Co., Inc.

  • Exide Technologies

  • Harris Battery Co. Inc.

  • Johnson Controls International PLC

  • Marshall Power Australia Pty Ltd.

  • Trojan Battery Co.

  • Yuasa Battery, Inc.

  • Yucell Industry Limited

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares

  • Lawn Mower Batteries Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 52

For more information about this report visit https://www.researchandmarkets.com/r/c9awz8

View source version on businesswire.com: https://www.businesswire.com/news/home/20200917005374/en/

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