Stump Grinder Market Size, Share Global Analysis Report, 2023-2032
Stump Grinder Market Size, Share Global Analysis Report, 2023-2032

Stump Grinder Market Share, Size, Trends, Industry Analysis Report, By Machine Type (Walk-Behind Stump Grinders, Self-Propelled Stump Grinders, and Tow-Behind Stump Grinders), By Tooth Length, By End User, By Region, Segment Forecast, 2023 - 2032

  • Published Date:Jul-2023
  • Pages: 118
  • Format: PDF
  • Report ID: PM3613
  • Base Year: 2022
  • Historical Data: 2019-2021

Report Outlook

The global stump grinder market was valued at USD 95.72 million in 2022 and is expected to grow at a CAGR of 3.6% during the forecast period. The rapid growth of urban areas and infrastructure projects influencing the need for land clearing and removal of tree stumps services and the widespread adoption of stump grinders as essential equipment to remove tree stumps, promote tree health, and maintain an aesthetically pleasing environment are the major factors driving the global market growth.

Stump Grinder Market Size

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In addition, the rising proliferation of integrating new advanced features like GPS tracking systems into machinery and awareness regarding the importance of technology in the forestry and agriculture sector leading innovations and product development is also creating huge growth potential for the market.

For instance, in June 2022, FAE unveiled its new and more powerful 200/SC hydraulic stump grinder for high horsepower carriers, featuring a sturdy disc rotor configuration with various additional support blades. The newly developed grinder is powered by a VT hydraulic motor with anti-cavitation valves, ensuring better productivity while protecting the hydraulic system.

Moreover, the growing popularity and availability of compact and portable stump grinders across the world and particularly in residential and urban settings, as these smaller-sized machines offer several benefits, including maneuverability and ease of transportation, that make them suitable for tight spaces, backyard projects, and tree care services in urban areas, is contributing positively towards the market growth in a positive way.

The outbreak of the COVID-19 pandemic has significantly impacted the growth of the stump grinder market. The rapid spread of the lethal coronavirus across the globe resulted in reduced construction and landscaping activities and the temporary closure of several essential services and operations, negatively impacting the demand for the product. Several government authorities have imposed lockdowns and other stringent measures, leading to delays in equipment procurement and projects and affecting market growth.

Stump Grinder Market Share, Size, Trends

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Industry Dynamics

Growth Drivers
The rising number of favorable government preventive measures towards afforestation mainly aims to control the significantly growing environmental concerns and the increasing number of people across the globe being influenced towards gardening along with the drastic surge in infrastructure development activities, including the development of new parks are the primary factors propelling the demand and growth of the market. For example, the Indian government has recently inaugurated a ‘National Afforestation Programme,’ which mainly aims to implement afforestation and plantation schemes in forest areas. Such measures indirectly boost the sales of commercial stump grinders as they offer several advantages in afforestation.

Furthermore, with the increasing environmental concerns across the globe, manufacturers are now focusing on developing and introducing electric stump grinders as a cleaner, quieter, and more effective alternative to conventional gasoline-powered systems, as they help to reduce emissions, noise pollution, and also dependence on fossil fuels, thereby fostering the stump grinder market growth at a rapid pace. 

Report Segmentation

The market is primarily segmented based on machine type, tooth length, end use, and region.

By Machine Type

By Tooth Length

By End Use

By Region

  • Walk-Behind Stump Grinders
  • Self-Propelled Stump Grinders
  • Tow-Behind Stump Grinders
  • Up to 2.5 Inches
  • 2.5 to 3 Inches
  • Above 3 Inches
  • Forest Areas
  • Agricultural Lands
  • Public and Private Parks
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
  • Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
  • Latin America (Brazil, Mexico, Argentina)
  • Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

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Tow-behind stump grinders accounted for the largest market share in 2022

The tow-behind stump grinders segment accounted for the largest revenue share in the global market in 2022 and is likely to retain its market position throughout the projected period. The growth of the segment market can be highly attributed to its cost-effectiveness, these types of stump grinders are often cost-friendly compared to other grinders available in the market, and they can also be easily attached to other vehicles like tractors or ATVs, leading to convenient transportation and maneuverability.

These grinders are portable, easily transported between job sites, and quickly attached and detached from a towing vehicle, allowing for efficient use of time and resources. Additionally, these machines are typically designed with user-friendly controls and features, making them accessible to operators with varying skill levels, fueling the segment market growth.

The self-propelled stump grinders segment is likely to witness the highest growth over the coming years, mainly attributable to increasing focus on major manufacturers of grinders towards innovating and introducing new features, including automated controls, improved cutting systems, integrated telematics, and remote operation capabilities, which makes these grinders more efficient and capable to perform operations effectively.

2.5 to 3 inches segment held the significant market revenue share in 2022

The 2.5 to 3 inches segment held the majority market share in terms of revenue in 2022 on account of a widespread range of applications in residential properties, urban environments, and small commercial areas, along with the constant rise in the demand for stump grinders to perform activities like landscaping and general aesthetics. The 2.5 to 3 inches product segment also offers efficient solutions for environmentally-friendly stump removal without resorting to more invasive and disruptive methods. It has become an essential tool for clearing small stumps and preparing the land for construction and landscaping purposes, thereby propelling the demand and growth of the segment market.

The public and private parks segment is expected to witness the highest growth in the fastest period.

The public and private parks segment is anticipated to grow fastest during the forecast period. It is largely attributable to increasing emphasis and awareness regarding tree care and arboriculture practices, which as a result, fosters the importance of stump grinding for tree health and the overall well-being of the park landscapes.

Moreover, the surge in the number of public parks and several visitors visiting parks on an everyday basis across the globe, which results in a greater need for park maintenance services to maintain the safety and aesthetic appeal of the park, is further escalating the demand and growth of the market. For instance, according to our findings, the number of people who visited Central Park in New York, United States, was around 42 million in 2021, followed by Golden Gate Park, with 24 million visitors in 2021.

North America region dominated the global market in 2022

The North American region dominated the global market with a substantial market share in 2022 and is projected to maintain its market dominance over the study period, mainly due to rising demand for grinders in the forestry sector, increasing infrastructure development activities, high demand for wood pellets as a major fuel source for power plants, and rapid adoption of cutting-edge equipment. Stump grinders have been playing a crucial role in sustainable land management by facilitating the removal and processing of tree stumps, mainly in developed countries like the US and Canada, while ensuring the restoration of green spaces and promoting healthy ecosystems.

The Asia Pacific region is anticipated to be the fastest growing region with a healthy CAGR over the projected period, owing to exponential growth in the demand for aesthetic landscaping across several settings, including public parks, gardens, resorts, and commercial properties coupled with the higher prevalence for technological advancements and equipment modernization that enables higher productivity, precision, and ease of use.

Competitive Insight

Some of the major players operating in the global market include Vermeer Corporation, Tracmaster, Wacker Neuson, Green Manufacturing, Carlton Company, Toro Company, MORBARK, Caterpillar, Bandit Industries, JO BEAU, Husqvarna Group, Powertek Equipment, Rayco Manufacturing Inc., Fecon Inc., Decko Inc., Wood Equipment Company, Terek Corporation, DR Power Equipment, and Bluebird Turf Products.

Recent Developments

  • In November 2022, Vermeer Corporation announced the launch of its new and innovative Vermeer HG4000 horizontal grinder. The new systems are equipped with a 536-horsepower CAT C13B T4F/Stage V diesel engine, a series three duplex drum, and various unique durability and performance features.
  • In May 2021, Dipperfox announced that they have partnered with ShearForce Equipment to introduce its new Stump Crusher, an innovative stump grinder attachment for excavators in Canada. The new grinder is designed and manufactured in Estonia, and the company aims to develop easy-to-use, advanced, and efficient heavy equipment tools and accessories for the stump grinding industry.

Stump Grinder Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 98.46 Million

Revenue forecast in 2032

USD 134.88 Million

CAGR

3.6% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD million/Million and CAGR from 2023 to 2032

Segments covered

By Machine Type, By Tooth Length, By End Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Key companies

Vermeer Corporation, Tracmaster, Wacker Neuson, Green Manufacturing, Carlton Company, Toro Company, MORBARK, Caterpillar, Bandit Industries, JO BEAU, Husqvarna Group, Powertek Equipment, Rayco Manufacturing Inc., Fecon Inc., Decko Inc., Wood Equipment Company, Terek Corporation, DR Power Equipment, and Bluebird Turf Products.

FAQ's

The stump grinder market report covering key segments are machine type, tooth length, end use, and region.

Stump Grinder Market Size Worth $134.88 Million By 2032.

The global stump grinder market is expected to grow at a CAGR of 3.6% during the forecast period.

North America is leading the global market.

key driving factors in stump grinder market are rising number of favorable government preventive measures towards afforestation.