The forecast indicates a consistent decline in the production value of non-electrically powered mowers with rotating devices for 2024-2028. Starting at 38.62 million euros in 2024, production is expected to decrease each year, reaching 37.643 million euros by 2028. This equates to a reduction of approximately 0.6% per year. With a Compound Annual Growth Rate (CAGR) showing a slight negative trend, the industry may face challenges in maintaining growth unless market conditions change. In 2023, the production stood at a value that suggests the current levels are slightly above or in line with recent figures.
Future trends to watch for include technological advancements leading to more efficient and eco-friendly equipment, shifts towards electric alternatives, and regulatory changes impacting manufacturing. Consumer preferences may also drive innovation and diversification within the market.
