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Lumber Equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 To 2029

  • ID: 5451168
  • Report
  • April 2021
  • Region: Global
  • 104 Pages
  • Acute Market Reports

FEATURED COMPANIES

  • Avant Techno Oy
  • Biesse Group
  • IMA-Schelling Group
  • Miichael Weinig AG
  • Salsco Inc.
  • Trelan Manufacturing

Bourgeoning Global Furniture Industry to Stimulate the Demand for Lumber Equipment Globally


Lumber equipment market expected to exhibit a growth with a CAGR of 3.72% across the forecast period from 2021 to 2029. Lumber equipment used to manufacture wooden products with greater precision, quality and scale than manual processing. Lumber equipment are extensively used in pulp & paper, construction, timber factories & sawmills and other industries. Besides, professionals from municipalities, arborists (tree surgeons), park districts and universities among others are using lumber equipment. Rapidly growing urbanization further promote the furniture consumption demand. Urbanization rate in China increased from 49.95% in 2010 to 57.35% in 2016, augmented by an annual rate of 1.23%. Growing urbanization with increasing per capita disposable income expected to drive the growth for furniture industry, thereby driving the subsequent surge of lumber equipment market.

Sawmills to Cement the Dominating Position in Lumber Equipment Market


Sawmills used to convert softwood or hardwood into lumber and other finished products. Utilization of raw material effectively is key factor to increase productivity in lumber industry. Sawmills in recent trend are mostly automated, that improves accuracy along with productivity. Further, modern sawmills offer functionality to prioritize speed & volume of log sawing. Additional factors that influence the achieved yield are positioning accuracy in sawing machines and usage of curve or straight sawing technique. With aforementioned benefits sawmills expected to witness promising demand in following years. Nevertheless, in the coming years, CNC routers segment expected to register the higher growth rate. The segment growth primarily stimulated by growing demand for customized lumber designs. CNC routers offer entirely automated cutting process, which enables handling of multiple projects without variation in design. By coding complex design in machine language CNC routers handle complicated operation with more ease. Rapidly growing automation in lumber manufacturing process to surge the higher growth of segment compared to other equipment.

Flourishing Furniture Industry Along With Rising Discretionary Income to Ensure Fastest Growth of Lumber Equipment Market in Asia Pacific


In 2020, Asia Pacific market represented the largest share, in terms of value. Region also expected to exhibit comparatively higher market growth throughout the forecast period, principally due to development of furniture industries. As the global furniture industry continues to shift towards developing countries, dominating position of region in the global lumber equipment market continues to improve across the forecast period. From 2000 to 2015, China's furniture manufacturing industry revenue raised from US$ 4.73 Bn to US$ 11.40 Bn, with an average annual growth rate of 24%. Similarly, growing per capita disposable income of citizens expected to stimulate the demand for designer lumber products, thereby driving the lumber equipment market growth in the region. For instance, China's per capita disposable income increased from US$ 1650 in 2006 to US$ 4800 in 2016, with an annual compound growth rate of 11.07%; subsequently purchasing power of residents increased by significant margin. At the same time, the proportion of furniture consumption in the total retail sales also increased from 0.21% in 2006 to 0.84% in 2016. Similarly, growing end-use industry from India, Japan and South Asian countries expected to drive the demand for lumber equipment market across the forecast period.

Enhancing the Reliability of Equipment to Remain the Key Strategy


Lumber equipment market considered as fragmented in nature with players are aiming for evolution in product offering to cater wide application area. The range of lumber equipment available in the market is more diverse than before. Considering rapid pace of changing life styles and competitive environment in end-use industry, manufacturers to offer highly reliable product range. Manufacturers are integrating various control platforms with lumber equipment to enhance its reliability. Such controlling platforms includes systems based control, NC/CNC, PLC and other automated functionality through various software modules. Key players of global lumber equipment market includes Bandit Industries, Inc., Vermeer Corporation, Avant Techno Oy, Trelan Manufacturing, Changzhou LEFA Industry and Trade Co., Ltd., Redwood Global Ltd., Salsco, Inc., EMB MFG, Inc., Teknamotor Company, UNTHA Shredding Technology GmbH, Laitilan Metalli Laine Oy, Oliver Machinery Corporation, Miichael Weinig AG, Biesse Group, IMA-Schelling Group and others.

Historical & Forecast Period


This research report presents the analysis of each segment from

2019 to 2029

considering 2020as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2021 to 2029.

Report Scope by Segments


Lumber equipment market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global lumber equipment market based on equipment type, operating principle, end-user and geography.

Key segments covered in the report are as follows:


Equipment type Segment (2019-2029; US$ Bn)

  • Harvesters
  • CNC Routers
  • Chain & Chisel Mortising Machines
  • Grinding Machines
  • Sawmills
  • Shredders
  • Sander Machines
  • Others (Stamping & Punching Tolls, Knives & Cutting Blades, etc.)

Operating Principle (2019-2029; US$ Bn)

  • Electric
  • Mechanical

End-user Segment (2019-2029; US$ Bn)

  • Pulp & Paper industry
  • Construction Industry
  • Timber Factories & Sawmills
  • Others (Municipalities, Park Districts & Universities, etc.)

Geography Segment (2019-2029; US$ Bn)

  • North America (U.S. and Rest of North America)
  • Europe (U.K., Germany, France, and Rest of Europe)
  • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Key questions answered in this report

  • What was the market size of lumber equipment in 2019 and forecast up to 2029?
  • Which is largest regional market for lumber equipment?
  • What are the key market trends observed in the lumber equipment market and outlook for smart security industry?
  • Which is the most promising equipment type, operating principal and end-user in lumber equipment market?
  • Who are the key players leading the market?
  • What are the key strategies adopted by the leading players in market?
  • What are the key technology trends in lumber equipment across different geographies and sub-geographies?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Avant Techno Oy
  • Biesse Group
  • IMA-Schelling Group
  • Miichael Weinig AG
  • Salsco Inc.
  • Trelan Manufacturing
1. Preface
1.1. Report Scope and Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Approach Adopted
1.3.4. Top-Down Approach
1.3.5. Bottom-Up Approach
1.3.6. Phase III - Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Global LE Market Snapshot, 2020 & 2029
2.2. Global LE Market, by Equipment type, 2020 (US$ Bn)
2.3. Global LE Market, by Operating Principle, 2020 (US$ Bn)
2.4. Global LE Market, by End-user, 2020 (US$ Bn)
2.5. Global LE Market, by Geography, 2020 (US$ Bn)

3. Market Dynamics
3.1. Overview
3.1.1. Global LE Market Value, 2019 - 2029 (US$ Bn)
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Market Restraint
3.4. Attractive Investment Proposition, by Geography, 2020
3.5. Market Positioning of Key Lumber Equipment Manufacturers, 2020
3.5.1. Major Strategies Adopted by Leading Companies

4. Global Lumber Equipment (LE) Market, by Equipment Type, 2019 - 2029 (US$ Bn)
4.1. Overview
4.2. Harvesters
4.3. CNC Routers
4.4. Chain & Chisel Mortising Machines
4.5. Grinding Machines
4.6. Sawmills
4.7. Shredders
4.8. Sander Machines
4.9. Others (Stamping & Punching Tools, Knives & Cutting Blades, etc.)

5. Global Lumber Equipment (LE) Market, by Operating Principle, 2019 - 2029 (US$ Bn)
5.1. Overview
5.2. Mechanical
5.3. Electric

6. Global Lumber Equipment (LE) Market, by End-user, 2019 - 2029 (US$ Bn)
6.1. Overview
6.2. Pulp & Paper Industry
6.3. Construction Industry
6.4. Timber Factories & Sawmills
6.5. Others (Municipalities, Park Districts, Universities, etc.)

7. North America Lumber Equipment (LE) Market Analysis, 2019 - 2029 (US$ Bn)
7.1. Overview
7.2. North America LE Market Value, 2019 - 2029 (US$ Bn)
7.3. North America LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
7.4. North America LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
7.5. North America LE Market, by End-user, 2019 - 2029 (US$ Bn)
7.6. North America LE Market, by Country/Region, 2019 - 2029 (US$ Bn)
7.6.1. U.S.
7.6.1.1. U.S. LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
7.6.1.2. U.S. LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
7.6.1.3. U.S. LE Market, by End-user, 2019 - 2029 (US$ Bn)
7.6.2. Rest of North America
7.6.2.1. Rest of North America LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
7.6.2.2. Rest of North America LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
7.6.2.3. Rest of North America LE Market, by End-user, 2019 - 2029 (US$ Bn)

8. Europe Lumber Equipment (LE) Market Analysis, 2019 - 2029 (US$ Bn)
8.1. Overview
8.2. Europe LE Market Value, 2019 - 2029 (US$ Bn)
8.3. Europe LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
8.4. Europe LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
8.5. Europe LE Market, by End-user, 2019 - 2029 (US$ Bn)
8.6. Europe LE Market, by Country/Region, 2019 - 2029 (US$ Bn)
8.6.1. U.K.
8.6.1.1. U.K. LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
8.6.1.2. U.K. LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
8.6.1.3. U.K. LE Market, by End-user, 2019 - 2029 (US$ Bn)
8.6.2. Germany
8.6.2.1. Germany LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
8.6.2.2. Germany LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
8.6.2.3. Germany LE Market, by End-user, 2019 - 2029 (US$ Bn)
8.6.3. France
8.6.3.1. France LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
8.6.3.2. France LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
8.6.3.3. France LE Market, by End-user, 2019 - 2029 (US$ Bn)
8.6.4. Rest of Europe
8.6.4.1. Rest of Europe LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
8.6.4.2. Rest of Europe LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
8.6.4.3. Rest of Europe LE Market, by End-user, 2019 - 2029 (US$ Bn)

9. Asia Pacific Lumber Equipment (LE) Market Analysis, 2019 - 2029 (US$ Bn)
9.1. Overview
9.2. Asia Pacific LE Market Value, 2019 - 2029 (US$ Bn)
9.3. Asia Pacific LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
9.4. Asia Pacific LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
9.5. Asia Pacific LE Market, by End-user, 2019 - 2029 (US$ Bn)
9.6. Asia Pacific LE Market, by Country/Region, 2019 - 2029 (US$ Bn)
9.6.1. China
9.6.1.1. China LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
9.6.1.2. China LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
9.6.1.3. China LE Market, by End-user, 2019 - 2029 (US$ Bn)
9.6.2. Japan
9.6.2.1. Japan LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
9.6.2.2. Japan LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
9.6.2.3. Japan LE Market, by End-user, 2019 - 2029 (US$ Bn)
9.6.3. India
9.6.3.1. India LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
9.6.3.2. India LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
9.6.3.3. India LE Market, by End-user, 2019 - 2029 (US$ Bn)
9.6.4. Rest of Asia Pacific
9.6.4.1. Rest of Asia Pacific LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
9.6.4.2. Rest of Asia Pacific LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
9.6.4.3. Rest of Asia Pacific LE Market, by End-user, 2019 - 2029 (US$ Bn)

10. Rest of the World Lumber Equipment (LE) Market Analysis, 2019 - 2029 (US$ Bn)
10.1. Overview
10.2. RoW LE Market Value, 2019 - 2029 (US$ Bn)
10.3. RoW LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
10.4. RoW LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
10.5. RoW LE Market, by End-user, 2019 - 2029 (US$ Bn)
10.6. RoW LE Market, by Country/Region, 2019 - 2029 (US$ Bn)
10.6.1. Middle East & Africa
10.6.1.1. Middle East & Africa LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
10.6.1.2. Middle East & Africa LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
10.6.1.3. Middle East & Africa LE Market, by End-user, 2019 - 2029 (US$ Bn)
10.6.2. Latin America
10.6.2.1. Latin America LE Market, by Equipment type, 2019 - 2029 (US$ Bn)
10.6.2.2. Latin America LE Market, by Operating Principle, 2019 - 2029 (US$ Bn)
10.6.2.3. Latin America LE Market, by End-user, 2019 - 2029 (US$ Bn)

11. Company Profiles
11.1. Biesse Group
11.2. Avant Tecno Oy
11.3. Redwood Global Ltd.
11.4. Changzhou LEFA Industry and Trade Co., Ltd.
11.5. EMB MFG, Inc.
11.6. Trelan Manufacturing
11.7. UNTHA Shredding Technology GmbH
11.8. Salsco, Inc.
11.9. Laitilan Metalli Laine Oy
11.10. Vermeer Corporation
11.11. Teknamotor Company
11.12. Bandit Industries, Inc.
11.13. Oliver Machinery Corporation
11.14. Michael Weinig AG
11.15. IMA-Schelling Group
Note: Product cover images may vary from those shown
  • Bandit Industries Inc.
  • Vermeer Corporation
  • Avant Techno Oy
  • Trelan Manufacturing
  • Changzhou LEFA Industry and Trade Co. Ltd.
  • Redwood Global Ltd.
  • Salsco Inc.
  • EMB MFG Inc.
  • Teknamotor Company
  • UNTHA Shredding Technology GmbH
  • Laitilan Metalli Laine Oy
  • Oliver Machinery Corporation
  • Miichael Weinig AG
  • Biesse Group
  • IMA-Schelling Group
Note: Product cover images may vary from those shown
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