The future of the forestry equipment market looks promising with opportunities in felling, extracting, and on-site equipment. The forestry equipment market is expected to reach an estimated $10.5 billion by 2024 with a CAGR of 4.9% from 2019 to 2024. The major drivers for this market are economic growth and increasing demand for round wood in both construction and infrastructure activities.
Emerging trends, which have a direct impact on the dynamics of the forestry equipment market, include introduction of TimberMatic navigation and integration of mobile technology in forestry equipment.
A total of 163 figures/charts and 107 tables are provided in this 213-page report to help in your business decisions.
The study includes the forestry equipment market size and forecast for the forestry equipment market through 2024, segmented by product type, by power type, and region, as follows:
Forestry Equipment Market by Equipment ($ Billion from 2013 to 2024:
- Felling Equipment Chainsaws, harvesters, feller bunchers, and others
- Extracting Equipment Forwarders, skidders, and other, including cable yarding systems, farm tractors, and shovel loggers
- On-site Processing Equipment Chippers and grinders, delimbers, slashers, and other
- Separately Sold Parts and Attachments Harvesting and other cutting heads; saw chain, guide bars, blades, and teeth; and other parts and attachments
- Other Forestry Equipment Loaders, mulchers, and all other
Forestry Equipment Market by Power Type ($ Billion from 2013 to 2024):
- Oil Power
- Gas Power
- Electric Power
Forestry Equipment Market by Region ($ Billion from 2013 to 2024):
North America
- US
- Canada
- Mexico
Europe
- Sweden
- Finland
- Poland
- Spain
- Russia
Asia Pacific
- China
- Japan
- India
- Indonesia
- South Korea
The Rest of the World
- Brazil
Some of the forestry equipment companies profiled John Deere, Caterpillar, Claas KGaA, Hitachi, Stihl Holding, Ponsse, Husqvarna, Kubota Corporation, CNH Industrial, and Bell Equipment and others.
On the basis of its comprehensive research, The report forecasts that felling equipment will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to increase use of cut-to-length harvesting methods relative to tree-length and whole-tree systems.
Oil power, gas power, and electric power forestry equipment are used in this market. Electric power equipment will remain the largest segment and it is expected to witness the highest growth over the forecast period as it provides significant power for maximum output without increasing emissions.
APAC will remain the largest region and it is expected to witness highest growth over the forecast period due to growth in building and construction activities and increasing demand for woods in home furnishing application.
Some of the features of “Forestry Equipment Market Report: Trends, Forecast and Competitive Analysis” include:
- Market size estimates: Forestry equipment market size estimation in terms of value ($B) shipment.
- Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use and use industry.
- Segmentation analysis: Forestry equipment market size by product type, and power segment in terms of value and volume shipment.
- Regional analysis: Forestry equipment market breakdown by key regions such as North America, Europe, and Asia & Rest of World.
- Growth opportunities: Analysis on growth opportunities in different applications and regions of forestry equipment in the forestry equipment market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape of forestry equipment in the forestry equipment market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high growth opportunities for the forestry equipment market by product type (felling equipment, extracting equipment, on-site processing equipment, separately sold parts and attachments, and others forestry equipment), by power type (oil power, gas power, and electric power), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this forestry equipment market?
Q.5. What are the business risks and competitive threats in this forestry equipment market?
Q.6. What are the emerging trends in this forestry equipment market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the forestry equipment market?
Q.8. What are the new developments in the forestry equipment market? Which companies are leading these developments?
Q.9. Who are the major players in this forestry equipment market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing services in this forestry equipment market and how big of a threat do they pose for loss of market share by service substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the forestry equipment industry?
Table of Contents
1. Executive Summary
*Full List of Tables and Figures Available on Enquiry.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- John Deere
- Caterpillar Incorporated
- Claas KGaA
- Hitachi Limited
- Stihl Holding AG & Company KG
- Ponsse
- Husqvarna Group
- Kubota Corporation
- CNH Industrial N.V.
- Bell Equipment Limited
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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