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Stump Grinder Market Analysis

  • Report ID: GMI7940
  • Published Date: Jan 2024
  • Report Format: PDF

Stump Grinder Market Analysis

Based on the grinder, the market is divided into handheld, walk-behind, wheeled, self-propelled, track, PTO grinders. The handheld or portable stump grinders segment accounted for around 30% market share in 2023, the need for versatility and maneuverability in stump removal is encouraging segment growth. Compact and easy to transport, these portable stump grinders are ideal for tackling stumps in tight spaces and remote locations. Landscapers, arborists, and homeowners appreciate the convenience and efficiency of handheld options for small to medium-sized stump removal tasks. The growing popularity of handheld or portable stump grinders underscores the market's responsiveness to diverse user preferences and the demand for compact solutions in the landscaping and forestry sectors.

 

Stump Grinder Market Share, By End-use, 2023

Based on the end use, the market is categorized into homeowners, tree service companies, property management firms, construction companies, large-scale forestry operations, government and rental services. The tree service companies segment accounted for a share of around 28% in 2023. The dominance of tree service companies in this market is also reinforced by their frequent need for stump removal equipment, making them high-volume users and purchasers of stump grinders. They require durable, efficient, and reliable machinery to operate in various conditions and on different types of terrain. Additionally, these companies typically build long-term relationships with equipment manufacturers and suppliers, sometimes leading to favorable purchase or lease agreements, which can further solidify their strong position in the stump grinder industry.

 

 North America Stump Grinder Market Size, 2022 – 2032, (USD Million)

North America is experiencing growth in the stump grinder market, with a share of around 29% in 2023. The need for efficient land management and development persists, stump grinders become integral tools for the removal of tree stumps. The market in North America responds to this demand with a diverse range of stump grinding solutions, addressing the specific requirements of industries and professionals engaged in land clearing activities across the continent. Overall, the demand is fueled by the region's active landscaping, construction, and forestry sectors.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for stump grinder was USD 263.5 million in revenue in 2023 and is projected to exhibit growth at over 3% CAGR from 2024 to 2032 owing to the surge in mergers and acquisitions among industry leaders.

Handheld or portable stump grinders market accounted for 30% revenue share in 2023 and is poised to gain significant traction through 2032 attributed to the growing need for versatility and maneuverability in stump removal.

North America market for stump grinder accounted for 29% revenue share in 2023 and is estimated to record robust growth through 2032 owing to the rising need for efficient land management and development in the region.

Some of the top firms engaged in the stump grinder market are Power King, Toro Company, Husqvarna, Bandit Industries, ECHO Bear Cat, Bluebird, Hansa Products, Kubota, Rayco Manufacturing, Inc., and Vermeer, among others.

Stump Grinder Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 350
  • Countries covered: 23
  • Pages: 250
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