Study Period | 2019 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Historical Data Period | 2019 - 2023 |
CAGR | 5.20 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Stump Cutter/Grinder Market Analysis
The Europe Stump Cutter/Grinder Market is expected to register a CAGR of 5.2% during the forecast period.
Europe Stump Cutter/Grinder Market Trends
Increased Production of Forestry Products
According to the Food and Agriculture Organization, the region has 1,017,460.8 thousand hectares of forest land in 2020, which increased from 1,016,798.8 thousand hectares of forest land in 2018. The region has forests and other wooded lands, corresponding to 44.6 % of its land area. The European Union accounts for approximately 5% of the world's forests. The forested area of the European Union is slowly increasing. Apart from the forests' ecological value, their role as an essential element in the European landscape, and their importance for some non-economic uses, such as recreation, forests are also an economic resource. Hence, the increased wood production and the increased presence of various small- and medium-sized enterprises who are highly active in the sector further resulted in an increased demand for wood cutting, which further positively impacts the stump cutter/grinder market in the region.
Increased Stump Harvesting for Biofuel
In 2017, the International Energy Agency (IEA) Bioenergy stated that the region's interest in the stump harvesting has gradually rocketed from early 20's, owing to the increased usage and support as biofuel across various countries of the region. Stump harvesting in Europe has been under function for more than decades, with many countries being very active in harvesting. In Britain, stumps are removed in some forests for disease control, especially in south-east England. Additionally, they are extracted where restoring plantation forest areas to peat bog for conservation reasons. Recently, small-scale commercial stump harvesting has started in parts of Scotland to provide fuel for biomass power stations.
Europe Stump Cutter/Grinder Industry Overview
The stump cutter/grinder market is competitive, with the major players accounting for 70.6% in 2019. Bandit Industries, Morbark, J.P. Carlton Company, Vermeer, and Fecon, are the major players in the European market. The major players in the market are competing to hold a consistent share in the market. Product innovation has been the major business strategies adopted by the aforementioned major players. For instance, Morbark launched the RG165T-R Stump Cutter developed for customers who need to remove large stumps in a short time. Similarly, Vermeer launched the new Vermeer cutting system (VCS) to solve many challenges associated with the traditional stump cutting systems.
Europe Stump Cutter/Grinder Market Leaders
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JO BEAU
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Vermeer
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Bandit Industries
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Morbark
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The Toro Company
- *Disclaimer: Major Players sorted in no particular order
Europe Stump Cutter/Grinder Industry Segmentation
The Europe stump cutter/grinder market is segmented by Country (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe).
By Country | Germany |
United Kingdom | |
France | |
Italy | |
Spain | |
Russia | |
Rest of Europe |
Europe Stump Cutter/Grinder Market Research FAQs
What is the current Europe Stump Cutter/Grinder Market size?
The Europe Stump Cutter/Grinder Market is projected to register a CAGR of 5.2% during the forecast period (2025-2030)
Who are the key players in Europe Stump Cutter/Grinder Market?
JO BEAU, Vermeer, Bandit Industries, Morbark and The Toro Company are the major companies operating in the Europe Stump Cutter/Grinder Market.
What years does this Europe Stump Cutter/Grinder Market cover?
The report covers the Europe Stump Cutter/Grinder Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Stump Cutter/Grinder Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Europe Stump Cutter/Grinder Industry Report
Statistics for the 2025 Europe Stump Cutter/Grinder market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Stump Cutter/Grinder analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.