Global Mulching Machine Market Research Report 2022 (Status and Outlook)-official website

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Report Overview:

A mulching machine, also referred to as a forestry mulcher, forest masticator, or brushcutter, uses a rotary drum equipped with steel chipper tools ("teeth") or blades to shred vegetation. They are manufactured as application-specific tractors and as mulching attachments (“mulching heads”) for existing tracked and rubber-tired forestry tractors, skid steers, or excavators.

The global Mulcher Equipment market size is projected to reach US$ 663.22 Million by 2028, from US$ 481.50 million in 2021, at a CAGR of 4.60% during 2022-2028. The expansion of infrastructure and construction industries in developed as well as developing countries is a major factor to fuel the mulcher attachment equipment market. Due to increased spending on infrastructure development initiatives, the global construction business is expanding in the agricultural and industrial sectors, particularly in emerging nations. Furthermore, growth of the mulcher equipment is fueled by the expectation that demand for wood products will increase purchases of forestry mulching equipment. The need for mulcher heads is anticipated to increase as forestry-related activities such as forestry, wood production, harvesting, processing, wood pellets, and bucking trees increase. Other factors such as technological advancement, surge in adoption of precision farming, growing demand in residential area are anticipated to propel the growth of the market globally.

However, the global mulcher equipment market faces some challenges. First of all, rapid technological advancements have led to a threat of substitution in the mulcher equipment market. Second, high cost required for mulching machines are anticipated to restrain growth of the mulcher attachment equipment market. Worse still, fluctuations in raw material prices are driving the cost even higher. Finally, The safety concerns like flying objects thrown by the head and harmful dusts may stop some people from using it, thus restraining the demand.

The COVID-19 outbreak has affected the growth of the global mulcher attachment equipment industry owing to the lockdown measures in different countries and delays in the manufacturing and production of excavator mulchers, and compact track loaders.

Segment by Type, the mulcher equipment can be split into drum mulcher, disc mulcher, etc. Drum mulcher was much more popular than disc mulcher and occupied the global market, with the market share up to 87.28% in 2021. As for its application, it is mainly used for right-of-way clearing and maintenance, land clearing, forest prevention, and so on. Mulcher equipment is cost-effective. It provides high productivity, easy maintenance, and convenient replacement of spare parts. It also has low noise pollution, low energy consumption, and a long lifecycle. As a result, it has become an important machine in forestry and build a market position. In 2017-2021, the Right-Of-Way Clearing and Maintenance market accounted for the highest market share of the entire market, reaching 40.28% in 2021, and the corresponding market shares of land clearing and forest preservation were 22.17% and 23.83%. We forecast the Right-Of-Way Clearing and Maintenance market will continue to dominate the market and the market share of it will be 40.25% according to the prediction.

On basis of geography, the mulcher equipment market is segmented into North America, Europe, Asia-Pacific, South America, the Middle East, Africa, etc. The same status will remain for several years. In 2021, North America's sales were up to US$ 5392 units, accounting for approximately 35.53% of the global market, while Europe accounted for 28.16%. Asia Pacific is estimated to be an important region in the global mulcher equipment market shortly with market share growing to 25.02% in 2022. At the same time, North America is likely to lead the market in the next few years. Several countries in the region, such as China, India, and Japan, are investing more in this area. The mulcher equipment in Latin America, the Middle East & Africa is expected to expand steadily during the forecast period. Rising investments in this market in developing countries are expected to drive the industry in these regions during the forecast period.

At present, the market concentration of mulcher equipment is not high, and the whole market is relatively fragmented. In 2021, the market concentration index CR5 of Global mulcher equipment manufacturers is 47.93% and HHI is 6.32%. Although it has improved compared with 2020, it is still at a low level. The manufacturers must compete hard to gain more market share. Caterpillar is the market leader and its market share was 52.07% in 2021. Other key players in the market include PRINOTH GmbH, Alamo Group, FAE Group SpA, Bandit Industries, John Deere, Tigercat International Inc, CASE Construction Equipment, Fecon LLC, The Ventura Group, Spartan Equipment, Advanced Forest Equipment, Erskine Attachments LLC.

Global Mulcher Equipment Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, a decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Caterpillar

PRINOTH GmbH

Alamo Group

FAE Group SpA

Bandit Industries

John Deere

Tigercat International Inc

CASE Construction Equipment

Fecon LLC

The Ventura Group

Spartan Equipment

Advanced Forest Equipment

Erskine Attachments LLC

Market Segmentation (by Type)

Drum Mulcher

Disc Mulcher

Market Segmentation (by Application)

Right-Of-Way Clearing and Maintenance

Land Clearing

Forest Preservation

Others

Geographic Segmentation

• North America (USA, Canada, Mexico)

• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

• South America (Brazil, Argentina, Columbia, Rest of South America)

• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

• Industry drivers, restraints, and opportunities covered in the study

• Neutral perspective on the market performance

• Recent industry trends and developments

• Competitive landscape & strategies of key players

• Potential & niche segments and regions exhibiting promising growth covered

• Historical, current, and projected market size, in terms of value

• In-depth analysis of the Mulcher Equipment Market

• Overview of the regional outlook of the Mulcher Equipment Market:

Key Reasons to Buy this Report:

• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

• This enables you to anticipate market changes to remain ahead of your competitors

• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

• Provides insight into the market through Value Chain

• Market dynamics scenario, along with growth opportunities of the market in the years to come

• 6-month post-sales analyst support

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Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Mulcher Equipment Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.

Table of Contents

1 Research Methodology and Statistical Scope

1.1 Market Definition and Statistical Scope of Mulcher Equipment

1.2 Key Market Segments

1.2.1 Mulcher Equipment Segment by Type

1.2.2 Mulcher Equipment Segment by Application

1.3 Methodology & Sources of Information

1.3.1 Research Methodology

1.3.2 Research Process

1.3.3 Market Breakdown and Data Triangulation

1.3.4 Base Year