Stump Cutter Grinder Market Insights Video

According to Cognitive Market Research, the global stump cutter grinder market size is USD 266.9 million in 2024. It will expand at a compound annual growth rate (CAGR) of 3.60% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 106.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 1.8% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 80.07 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 61.39 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2024 to 2031.
• Latin America had a market share for more than 5% of the global revenue with a market size of USD 13.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 5.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.3% from 2024 to 2031.
• The self-propelled stump grinders held the highest stump cutter grinder market revenue share in 2024.