Market Insight-North America Lawn and Garden Belts and Parts Market Overview 2024
North America Lawn and Garden Belts and Parts Market Was Valued at USD 2,625.42 Million in 2023 and is Expected to Reach USD 3,023.54 Million by the End of 2030, Growing at a CAGR of 2.61% Between 2024 and 2030.– Bossonresearch.com
Lawn and Garden Belts and Parts are essential components used in the maintenance and operation of lawn mowers, tractors, and other gardening equipment. These belts are typically made from reinforced rubber or synthetic materials and are responsible for transmitting power from the engine to other mechanical parts like the blades, transmission, and accessories. They ensure smooth functioning by driving the engine power to various components like cutting decks, augers, and pumps. Other parts in this category include pulleys, idlers, spindles, and other small accessories that facilitate the optimal performance of lawn and garden machinery. These products are crucial for maintaining home gardens, commercial landscapes, and public parks, ensuring that the equipment operates efficiently and effectively.
The Lawn and Garden Belts and Parts market is evolving through key trends centered around sustainability, smart technology, and multifunctionality. The shift towards electric-powered and eco-friendly equipment is driven by regulatory pressures and consumer demand for quieter, lower-emission options. Manufacturers are increasingly integrating smart technologies like IoT and automation, as seen in the rise of robotic mowers, which offer convenience and efficiency. Growing residential interest in sustainable living and increased disposable incomes are boosting demand for high-quality equipment, while the commercial sector’s recovery post-pandemic is creating strong demand for durable parts. Additionally, manufacturers are focusing on versatile, multi-functional equipment that meets consumer preferences for space-efficient, adaptable solutions.
Request for more information
Click to view the full report TOC, figure and tables: https://bossonresearch.com/productinfo/3119514.html
The North America Lawn and Garden Belts and Parts market size is projected to reach US$ 3,023.54 Million by 2030 from US$ 2,625.42 million in 2023 at a CAGR of 2.61% during 2024-2030. The Lawn and Garden Belts and Parts market is driven by increasing residential landscaping activities, technological advancements, commercial sector growth, and a shift towards eco-friendly equipment. As disposable incomes rise, homeowners are investing in outdoor spaces, leading to higher demand for durable belts and parts. Technological advancements, such as IoT integration and automation, are transforming the industry and enhancing the need for innovative components. Simultaneously, the expansion of commercial landscaping and municipal projects requires high-performance, heavy-duty belts. Additionally, the market is experiencing a shift towards sustainable solutions as consumers and businesses embrace electric and battery-powered equipment, further fueling demand for specialized belts.
Figure North America Lawn and Garden Belts and Parts Market Size (M USD)
Source: Bossonresearch.com, 2024
Driving Factors
Increasing Residential Landscaping and Gardening Activities
As disposable income levels rise in North America, particularly in the United States and Canada, more homeowners are investing in the maintenance and aesthetics of their outdoor spaces. The trend toward creating personalized gardens and well-maintained lawns has fueled demand for lawn and garden equipment, including belts and parts needed for maintenance.
The popularity of home gardening, outdoor events, and backyard landscaping has significantly influenced the market. Consumers are increasingly purchasing equipment such as lawn mowers, edgers, and trimmers, all of which require durable and efficient belts to function. This surge in residential activities not only drives equipment sales but also the demand for replacement parts like belts.
Technological Advancements and Automation
The integration of technology, such as Internet of Things (IoT) capabilities, smart sensors, and automated controls, is transforming the lawn and garden equipment industry. These advancements are enhancing the efficiency and ease of use for equipment like robotic mowers and smart irrigation systems. For these advanced machines to operate reliably, high-quality belts and parts are essential, boosting the demand for durable and innovative components.
Automation and robotics, especially in residential gardening equipment, are rapidly gaining popularity. As more consumers and landscaping businesses adopt robotic mowers that require precise and consistent operation, there is a higher demand for robust and high-performance belts that can meet these needs.
Growth in Commercial Landscaping and Municipal Projects
The commercial landscaping sector is expanding due to the increasing focus on maintaining public green spaces, golf courses, parks, and sports fields. Municipalities and commercial enterprises are investing in high-performance lawn and garden equipment to maintain these areas efficiently. This growth directly correlates with a steady demand for belts and other parts essential for the functionality of these machines.
Landscaping companies, in particular, require heavy-duty, reliable parts that can withstand intensive use. This demand creates opportunities for manufacturers to produce and supply high-quality, durable belts specifically designed for commercial-grade equipment.
Consumer Shift Toward Sustainable and Eco-friendly Equipment
Environmental concerns and stringent regulations related to emissions and noise pollution have prompted a shift toward sustainable gardening solutions. Consumers and businesses alike are moving away from traditional gas-powered tools in favor of electric and battery-powered options that are quieter, cleaner, and more efficient. This shift encourages the development and sale of specialized belts compatible with electric and robotic lawn equipment.
Manufacturers are also increasingly focusing on developing eco-friendly components that align with green consumer preferences. This trend supports the growth of the belts and parts market, as new product lines are designed to meet the sustainability criteria set by consumers and regulators alike.
Key Development Trends
Shift Towards Electrification and Sustainability
With the growing emphasis on reducing carbon emissions and minimizing environmental impact, there is a noticeable trend in the North American market towards the adoption of electrically powered and battery-operated lawn and garden equipment. Traditional gas-powered models are being replaced by electric variants that offer lower emissions, quieter operation, and easier maintenance. This shift is propelled by both regulatory pressures and increasing consumer awareness about the benefits of environmentally friendly products.
Leading manufacturers like Deere & Company, Husqvarna, and Toro are actively investing in developing sustainable product lines that incorporate recyclable materials and eco-friendly power sources such as lithium-ion batteries. These products aim to meet new regulations on emissions and noise pollution while aligning with the consumer demand for cleaner and more efficient equipment. Additionally, many companies are implementing green manufacturing practices to minimize waste and energy consumption during production.
Integration of Smart Technology
The integration of smart technology into lawn and garden equipment is revolutionizing the market. Companies are developing products equipped with IoT capabilities, allowing users to monitor and control their equipment remotely through mobile apps. These apps offer features like GPS tracking, automated mowing schedules, and performance diagnostics, making it easier for users to maintain their gardens efficiently.
The increasing popularity of robotic lawn mowers highlights the demand for automation in lawn care. These robotic mowers utilize advanced technologies such as AI, GPS, and mapping software to navigate lawns autonomously, providing a hands-free solution for consumers. This technology reduces labor costs, minimizes emissions, and enhances precision, leading to a rise in adoption across both residential and commercial sectors. As urbanization grows, these robotic solutions offer an efficient way to manage smaller lawns and gardens typically found in modern residential developments.
Increased Residential and Commercial Demand
The surge in home gardening, fueled by the trend of sustainable living and a preference for self-maintained outdoor spaces, is significantly impacting the lawn and garden equipment market. Rising disposable incomes have led more homeowners to invest in high-quality equipment for lawn care, contributing to a growing demand for durable parts such as belts and pulleys that support these machines. Additionally, the increasing interest in backyard activities and aesthetics, like vegetable gardening and landscaping, drives demand for specialized equipment.
The commercial sector, including landscaping services, golf courses, and municipal maintenance, is expanding as these organizations seek efficient and durable equipment. The push for maintaining green spaces in urban environments and public parks also fuels this demand. Manufacturers are responding by designing commercial-grade equipment with enhanced power and durability to meet the needs of these large-scale operations, creating a steady market for replacement parts and accessories like lawn and garden belts.
The commercial segment is projected to grow faster than the residential segment as it recovers to pre-pandemic trends. While the pandemic led to a surge in DIY lawn care, there is a shift back to professional landscaping services as lifestyles return to normal. The demand is driven by the increasing aging population and busier lifestyles that reduce the time for self-care of lawns. Moreover, a rise in multifamily housing completions will further boost demand for commercial services, benefiting sales of heavy-duty equipment like riding mowers and power belts for frequent maintenance tasks.
Focus on Multi-functional Equipment
To cater to consumer preferences for space-efficient and versatile solutions, manufacturers are developing multi-functional equipment that combines several gardening tasks into one unit. Products such as walk-behind brush cutters with debris collection features, multitask lawn tractors capable of mowing, tilling, and snow-blowing, and wheeled trimmers that support interchangeable heads are becoming increasingly popular. This shift towards multifunctionality offers convenience and value to consumers, especially those with limited space or storage.
The trend also includes developing modular systems that allow consumers to switch out attachments depending on their specific needs, such as mowing, edging, or blowing leaves. Such equipment often features swappable batteries, enabling longer operation times and reducing downtime. This flexibility aligns with the consumer demand for adaptable tools that maximize functionality while minimizing equipment ownership costs.
North America Lawn and Garden Belts and Parts Market: Competitive Landscape
According to estimates, the concentration indicators of the Lawn and Garden Belts and Parts market in 2023, CR5 and HHI, are 78.33% and 25.48%, respectively, highlighting a high concentration. The top five companies dominate the market, influencing pricing, technology trends, and product availability. Major companies such as NVIDIA, Intel, AMD, etc. have established considerable market share through continuous innovation, extensive R&D, and strategic partnerships, solidifying their position in the competitive environment. Although the market is concentrated, it is not monopolized, allowing for some competition among a wider range of players, especially in emerging markets where demand for Lawn and Garden Belts and Partss is surging. This competitive but concentrated environment affects the speed of adoption of new technologies and the operational efficiency of data centers in meeting growing consumer and enterprise demands. Currently, major players in the market include Nvidia Corporation, Intel Corporation, Advanced Micro Devices, Inc., Broadcom Inc., Marvell Technology Group Ltd., Enflame Technology, Lattice Semiconductor, Gyrfalcon Technology Inc., Achronix Semiconductor Corporation, LeapMind Inc., Graphcore, Others.
Key players in the Lawn and Garden Belts and Parts Market include:
Husqvarna Group
MTD Products Inc.
Oregon Products
Rotary Corporation
Kubota Corporation
Toro Company
Briggs & Stratton Corporation
Deere & Company
Stihl
Gates Corporation
Timken Belts
Tuff Torq Corporation
Ariens Company
Scag Power Equipment
R&R Products
Dayco
Optibelt
Jason Industrial
Mitsuboshi Belting Ltd.
Megadyne Group
Bando USA
Stens Corporation
PIX Transmissions Ltd.
Goodyear Belts
Troy-Bilt
Others
Request for more information
Click to view the full report TOC, figure and tables: https://bossonresearch.com/productinfo/3119514.html
About US:
Bosson Research (BSR) is a leading market research and consulting company, provides market intelligence, advisory service and market research reports for the automobile, electronics and semiconductor, and consumer good industry. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Bosson Research provides one-stop solution right from data collection to investment advice. The analysts at Bosson Research (BSR) dig out factors that help clients understand the significance and impact of market dynamics. Bosson Research (BSR) bring together the deepest intelligence across the widest set of capital-intensive industries and markets. By connecting data across variables, our analysts and industry specialists present our customers with a richer, highly integrated view of their world.
Contact US:
Tel: +86 400-166-9288
E-mail: sales@bossonresearch.com
