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Stump Grinder Market Insights, Leading Key Players And Top Factors Driving 2021 –2031

Stump Grinder Market Forecast, Trend Analysis & Competition Tracking - Global Review 2021 to 2031

The demand for stump grinders in 2020 went down on account of shut-down of manufacturing hubs and closure of all the supply systems due to lockdown imposed in Covid-19 pandemic. In 2021, the situation is normalizing as the cases are coming down adding gradual progress to this market.

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Different type of stump grinders are available in the market such as hand-guided grinders, rear-hitched wheeled, riding grinders, skid-stump grinders etc that are used onhe basis of different needs. Skid-stump and riding grinders are highly preferred grinders of 2021.

Growing stump harvesting for biofuel and increasing demands for forestry productscontinues to add lucrative progress to this market in 2021. Further, the presence of highly active small-scale and medium-scale enterprizes is favouring the market progress.

Upgraded versions of stump grinders are getting launched in the market by top manufacturers like Fecon, Mobark and JBM Corporation to attract the users globally. DK2 power stump grinder, Stumpex, HOC STG13 etc are some examples of upgraded versions.

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Adoption of ‘product innovation’ continues to be the main business strategy adopted by key manufacturers in this market since 2020 to attract the global customers. Leading players are making investments in R&D activities to diversify their offerings from their competitors and maintain a consistent share in the market.

For instance, Vermeer Corporation launched a new horizontal stump grinder called “Vermeer HG6800TX” on 23rd September, 2020 for land-clearing projects as well as pipeline right-of-way operations. The latest HG6800TX horizontal grinder offers a high-horsepower engine on a tracked machine with a compact design. It comes with 950 hp in a 92000-Ib class and an infeed design specifically made for feeding larger materials such as whole trees, large stumps and other tough materials with less operator interaction. This grinder includes a SmartFeed system that monitors engine rpm and adjusts grinding speed for optimal machine performance. Thislatest stump grinder has received positive feedbacks from the users across the world resulting in improving the market presence.

In addition to Vermeer, Fecon Corporation upgraded its “Stumpex auger-type stump grinder” and introduced it in the market on 11th November, 2020 with 2-speed hydraullic motor for faster stump removal, especially on soft woods. This upgraded product is designed to maximize 100 % of machine output and improve cut time by upto 50%. It has the potential of removing 24-inches stumps  in less than three minutes. This model is ideal for  arborists, landscapers, land improvement companies, parks & recreation departments, golf courses, municipalities and other areas where safe and stump removal is desired. The upgradation has led to higher demands of  this grinder in 2021

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As per research conducted by FactMR analysts in 2021, North America is ruling the market due to growing demands from United States and Mexico. It is predicted to further rule the market through 2030 owing to rising usage from forestry sector.

Stump grinder has gained popularity as an imperative equipment to rid the stumps left behind, and the potential of the activity to become trip hazard based on the location. Several tree stump removal or stump grinding services exist across regions, resolving leftover stump-related issues through use of specialist machines in removing stumps and surfacing the roots.

Key customer-driven companies in the stump grinder market have introduced unique equipment and land surfacing systems that offer quality clearing experience for various end-use areas public & private parks, agricultural land, and forest areas. Key stakeholders in the stump grinder market are directing their focus toward expanding their land conversion business, while emphasizing innovative design and development of stump grinder.

Agreements and partnerships are among key expansion strategies adopted by manufacturers of stump grinder for manufacturing, marketing, and selling their unique stump grinder variants. Partnership between Neway and Caterpillar, that enabled the former to continue their development efforts on new innovative equipment for meeting needs of their end-users, is a prime example of such strategic expansions.

Key players such as Bobcat have developed stump grinder variants that facilitate tree stump removal, and are ideal for landscaping contractors, campus facilities, and rental contractors alike. Manufacturers focus primarily on design efforts for developing stump grinder that imparts maximum operating capability and cuts down energy consumption at the same time.

Stump Grinder Market: Introduction

Stumps are base part of trees including the root that has been left unremoved after the tree trunk has been felled and separated from it. These stumps do not possess any commercial value which can come across as hindrance in the ground and its removal from it is a difficult process when done manually. Stump grinders are powered mechanical equipment built exclusively to grind the stumps in order to flatten and clear the ground of stumps. It consists of a circular blade with sharp teeth attachment connected to a power source that chips away the stump when brought contact with it. Stumps grinders are either manufactured as a stand-alone product similar to the size of a lawn mower or as an attachment that is connected to other forestry or agricultural equipment. Stump grinders are particularly advantageous in areas where afforestation needs to be implemented quickly once the older trees have ben felled. Stumps grinders are also utilized whenever a forest area has to be converted to a cultivable agricultural land.

Stump Grinder Market Dynamics

Growing demand for wood based products for different purposes has increased the rates of deforestation or otherwise known as felling of trees. Once the trees have been felled, the stumps can appear as an obstruction for further replantation or other purposes. Hence, the need for immediate ground clearance is the primary factor behind the growth of stump grinder market. Its adoption in areas beyond the usual forest floor including gardens among others is also a factor driving the growth of the market with a steady growth anticipated in the upcoming years. Stump grinders are also being utilized to generate small wooden chips from the stumps for use in soft board manufacture, fuel among others which can be beneficial for the growth of the market.

The healthy market growth of stump grinders can be hindered by lack of distributors owing to the niche quality of the product, unavailability of personnel to operate the stump grinders, dangers & hazards associated during the operation of stump grinders among others.

Stump Grinder Market: Segmentation

Stump Grinder Market can be segmented as follows;

By Product type, the market can be segmented as:

  • Stand Alone Equipment
    • Hand Driven
    • Power Driven
  • Grinder Attachment

By End Use, the market can be segmented as:

  • Forest Areas
  • Agricultural Lands
  • Public and Private Parks
  • Others

Stump Grinder Market: Regional Outlook

Stump grinder market is expected to flourish in regions where large forest cover area has been designated for felling. Major economies of North America including the U.S. and Canada is known for its wood product usage for various purposes, hence the demand for timber has been on a constant increase leading to high tree harvesting rates in the region biding well for the demand of stump grinders. The Scandinavian economies of the Western Europe including Finland, Sweden among others are reputed to have unusually large forest cover area that is harvested to generate timber for both local consumption and exports, the players involved in the felling of trees generally adopt automated timber harvesting equipment leading to a higher demand for stump grinders in order to clear the forest area. Though stump grinders are an excellent mechanical equipment to clear the tree stumps down to the root, its acceptance in the Asia Pacific is anticipated to be lower than that of North America and Europe due to general lack of awareness about the equipment, lack of well established supply chain for the product and preference for manual labour for forest floor clearing purposes. The same holds true for Latin America as well. Lack of forest in the Middle East can affect the sales of the region generating lower revenue. However, presence of large forest areas in Central Africa can hold some potential for the stump grinder market to grow but it comes down to its acceptance of the equipment for the same purpose.

Stump Grinder Market: Market Participants

Below are some of the major players in the Global Stump Grinder market, identified across the value chain:

  • Vermeer Equipment Holdings Pty. Ltd.
  • Avant Tecno Oy
  • Morbark, LLC
  • The Toro Company
  • Wacker Neuson Group
  • Caterpillar Inc.
  • Progrind System, LLC
  • Rayco Manufacturing, Inc.
  • Bandit Industries, Inc.
  • Predator Power Ltd.
  • Tracmaster Ltd.
  • HAWK Equipment Corporation

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

  • Detailed overview of parent market
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  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprintb

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