Global Stump Cutter/Grinder Market Size, Trends and Growth Opportunity, By Product Type (Stand Alone Equipment, Grinder Attachment), End-Use (Forest Areas, Agricultural Lands, Public and Private Parks, Others), By Region and forecast till 2027.
Global Stump Cutter/Grinder Market
Global Stump Cutter/Grinder Market was valued at USD 54.8 million in 2021 and is slated to reach at USD 122.4 million by 2027 at a CAGR of 10.83% from 2022-2027.
A stump cutter/grinder is a piece of power equipment or a tool attachment that removes tree stumps by chipping away the timber with a spinning cutting disc. The size of a lawnmower and as big as trucks are stump cutter/grinders. These machines come in a wide variety of types and variants to handle power levels ranging from 70 horsepower to 300 horsepower. The cutter wheel of a standard stump cutter/grinder has fixed carbide teeth.
Market Drivers
Governments are implementing a variety of afforestation prevention strategies to help them handle rising environmental issues. The Indian government, for example, has launched a "National Afforestation Programme" to conduct afforestation and plantation schemes in forest areas. Such methods have an indirect but favourable impact on commercial stump grinder sales since they provide a significant advantage in afforestation. Land clearance is required when old trees are taken down in order for new trees to be planted. As a result, the use of stump cutter/grinder in forest areas for new tree clearing or forest plantation for infrastructure objectives is expected to expand stump cutter/grinder market sales.
People are spending more money on their houses' and gardens' development as globalisation increases. They are investing more of their money in natural materials that will preserve and beautify their gardens. The top countries making investments in lawn care are Brazil, Australia, Russia, and Malaysia. In accordance with the survey, 50% of Russians rely on agricultural production generated in their gardens, lawns, or backyards. Large areas of land, including shrubs, trees, and other vegetation, are needed for this. In these situations, hand stump cutter/grinders are essential for clearing the land without causing any soil imbalance and generating significant stump cutter/grinder sales.
Market Restraints
Manufacturers of stump cutters/grinders face significant hurdles, including a shortage of educated employees, high maintenance costs, a lack of distributors, and stump grinder prices. The presence of fewer distributors affects global stump cutter/grinder sales. Another factor limiting market expansion is the dangers and hazards involved with equipment while operating a stump cutter/grinder. All of the factors stated above impede market expansion.
Market Segmentation
Global Stump Cutter/Grinder Market is segmented into Product, End-Use and Region. By Product such as Stand -Alone Equipment, Grinder Attachment. By End-Use such as Forest Areas, Agricultural Lands, Public and Private Parks, Others.
Regional Analysis
Global Stump Cutter/Grinder Market is segmented into five regions North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of revenue and market share, Asia-Pacific is predicted to lead the stump cutter/grinder market due to rising municipal and forestry field expenditures as well as a rise in the use of stump grinders in this area. During the projected period, Europe is expected to experience the quickest growth in the stump cutter/grinder market due to the region's increased penetration of innovative equipment and rising adoption of Western culture.
Key Players
This report includes a list of numerous Key Players, namely Caterpillar (U.S.), MORBARK, LLC (U.S.), Vermeer Corporation (U.S.), Tracmaster Ltd. (U.K.), Wacker Neuson SE (Germany), Green, Manufacturing, Inc (U.S.), J.P. Carlton Company (U.S.), The Toro Company (U.S.).
Market Taxonomy
By Product Type
•        Stand Alone Equipment
•        Grinder Attachment
By End-Use
•        Forest Areas
•        Agricultural Lands
•        Public and Private Parks
•        Others
By Region
•        North America
•        Latin America
•        Europe
•        Asia Pacific
•        Middle East & Africa.
 

Global Stump Cutter/Grinder Market TOC:
1 Introduction        
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Stump Cutter/Grinder Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Stump Cutter/Grinder Market, By Product Type  
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Stump Cutter/Grinder Market Share Analysis, By Product Type
5.3 Global Stump Cutter/Grinder Market Size and Forecast, By Product Type
5.3.1 Stand Alone Equipment
5.3.2 Grinder Attachment
6 Global Stump Cutter/Grinder Market, By End-Use 
6.1 Y-o-Y Growth Comparison, By End-Use  
6.2 Global Stump Cutter/Grinder Market Share Analysis, By End-Use  
6.3 Global Stump Cutter/Grinder Market Size and Forecast, By End-Use  
6.3.1 Forest Areas
6.3.2 Agricultural Lands
6.3.3 Public and Private Parks
6.3.4 Others
7 Global Stump Cutter/Grinder Market, By Region
7.1 Global Stump Cutter/Grinder Market Share Analysis, By Region
7.2 Global Stump Cutter/Grinder Market Share Analysis, By Region
7.3 Global Stump Cutter/Grinder Market Size and Forecast, By Region
8 North America Stump Cutter/Grinder Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Stump Cutter/Grinder Market Share Analysis, By Product Type
8.3 North America Stump Cutter/Grinder Market Size and Forecast, By End-Use 
8.4 North America Stump Cutter/Grinder Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Stump Cutter/Grinder Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Stump Cutter/Grinder Market Share Analysis, By Product Type
9.3 Europe Stump Cutter/Grinder Market Size and Forecast, By End-Use 
9.4 Europe Stump Cutter/Grinder Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Stump Cutter/Grinder Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Stump Cutter/Grinder Market Share Analysis, By Product Type
10.3 Asia Pacific Stump Cutter/Grinder Market Size and Forecast, By End-Use  
10.4 Asia Pacific Stump Cutter/Grinder Market Size and Forecast, By Country
10.4.1 China        
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Stump Cutter/Grinder Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Stump Cutter/Grinder Market Share Analysis, Product Type
11.3 Latin America Stump Cutter/Grinder Market Size and Forecast, By End-Use  
11.4 Latin America Stump Cutter/Grinder Market Size and Forecast, Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Stump Cutter/Grinder Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Stump Cutter/Grinder Market Share Analysis, By Product Type
12.3 Middle East Stump Cutter/Grinder Market Size and Forecast, By End-Use  
12.4 Middle East Stump Cutter/Grinder Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Caterpillar
14.1.1 Overview
14.1.2 Products
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. MORBARK, LLC
14.2.1 Overview
14.2.2 Products
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
12.2.6 Key Strategies
14.3. Vermeer Corporation
14.3.1 Overview
14.3.2 Products
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Tracmaster Ltd.
14.4.1 Overview
14.4.2 Products
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Wacker Neuson SE
14.5.1 Overview
14.5.2 Products
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Green, Manufacturing, Inc
14.6.1 Overview
14.6.2 Products
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 J.P. Carlton Company 
14.7.1 Overview
14.7.2 Products
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies        
14.8 The Toro Company 
14.8.1 Overview
14.8.2 Products
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies