Core Insights - The global smart lawn mower market is on the verge of explosive growth, with a current market size estimated between $1.5 billion and $2.5 billion in 2023, projected to reach $60 billion to $100 billion by 2030, maintaining a double-digit compound annual growth rate (CAGR) [1][5]. Industry Trends - The lawn mower industry is experiencing a transformation, with Chinese tech companies evolving from traditional manufacturers to integrators and exporters of technological solutions, reshaping market dynamics [2]. - Traditional landscaping giants hold approximately 65% of the market share, but emerging tech companies are rapidly capturing market share through innovation and supply chain advantages [2]. - The demand for lawn care in mature markets like North America and Europe is driving rapid growth in the lawn mower market [5]. Technological Advancements - The core technology of lawn mowers has shifted from physical boundary solutions to boundary-less navigation technologies represented by RTK (Real-Time Kinematic), visual perception, and LiDAR, marking a significant industry turning point [5]. - The market share of boundary-less products is rapidly increasing, rising from 35% in 2024 to 65% in the first half of 2025 [5]. - The global shipment of boundary-less lawn mowers is expected to grow from 384,000 units in 2024 to 3.397 million units by 2029, with an average annual CAGR of approximately 54.7% [5]. Company Insights - Hesai Technology is a leader in the lawn mower sensor market, showcasing its advanced 3D LiDAR technology at CES 2026, with a significant number of new models featuring its sensors [9][10]. - Hesai's JT series 3D LiDAR has been delivered in over 200,000 units since its launch, providing essential data for positioning, navigation, and obstacle avoidance in autonomous mowers [12][14]. - The company plans to double its production capacity from 2 million units in 2025 to 4 million units in 2026, supported by its proven mass production capabilities [13][14]. Market Positioning - Hesai is strategically positioned in both the ADAS (Advanced Driver Assistance Systems) and robotics sectors, with over 1.6 million LiDAR units expected to be delivered in 2025, including 1.4 million for ADAS and over 200,000 for robotics [14]. - The company has secured production contracts with 24 OEMs for over 120 vehicle models, indicating strong market demand and growth potential [14]. - The stock of Hesai has seen a significant increase, rising 20% in a week, reflecting positive market sentiment regarding its growth prospects [16].
CES现象级爆款，千亿智能割草机市场背后的卖铲人-禾赛激光雷达