The 68,200 units is the estimate by Power Systems Research of the number Shredders to be produced in the U.S. in 2020.
This information comes from industry interviews and from two proprietary databases maintained by Power Systems Research: EnginLink™ , which provides information on engines, and OE Link™, a database of equipment manufacturers.
Market Share: MTD dominates the Shredder industry in the U.S. with 86% of the total units manufactured. In second position is Ardisam with 6.5%. Third, is Mackissic with 5.5%.
Exports: Collectively, up to 30% worldwide.
Trends: In 2019, production of Shredders in North America decreased 3.5%. Production in 2020 is forecasted to drop another 8%. The demand for chore products has remained stable over the last few years in both commercial and residential segments.
Despite COVID-19, economic and weather-related factors, yard upkeep and maintenance remain important to homeowners. Patriot Products expects production to nearly double in 2020 due to stay-at-home mandates that have increased lawn upkeep along with the demand for products made in the USA. Overall, expect Shredder production to increase up to 10% by 2025. PSR
Carol Turner is Senior Analyst, Global Operations, at Power Systems Research
