Expanded
Forecast Summary Annual Growth Rates (YoY)
A steady growth rate is anticipated for 2025 and 2026. With ongoing advancements in technology and decreasing battery costs, the electric sector is expected to expand further. Factors such as tariffs, inflation, and consumer confidence may influence the shipment volumes.
Annual Growth Rates (YoY)
Projected
2021
2022
2023
2024
2025
2026
Total Residential (Mowers, ZTRs, Riders)
-4.0 -23.2 -22.4 18.4 -1.1
1.0
Gasoline
-12.6 -27.6 -23.0 20.6 -2.1 -0.4
Electric (WB mowers)
25.7 -12.7 -21.0 14.1
0.9
3.7
Total Commercial (Mowers, ZTRs, Riders)
19.8 -2.0 -8.1 -18.3
5.5
5.5
Total Handhelds
12.2 -26.0 -2.9 -8.2
4.9
3.8
Gasoline
-3.1 -28.0 -18.2 -1.9 -2.4 -2.5
Electric
21.9 -25.0
4.4 -11.2
8.8
6.2
Total
9.1 -25.3 -6.5 -4.4
3.8
3.4
38
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