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Skid-stump and Riding Grinders Segment to Surge the Sales Revenue of Stump Grinder Market by 2031

05-05-2021 02:11 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

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.

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.

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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.

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.

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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

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.

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.

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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.

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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: 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

Read More Trending Reports of Fact.MR- http://www.globenewswire.com/en/news-release/2020/03/19/2003442/0/en/Lead-Acid-Battery-Sales-Proliferate-in-Fast-Developing-Economies-AGM-Battery-to-Account-for-a-Third-of-Global-Demand-by-2029-Fact-MR.html

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