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LAMEA Log Splitters Market Size, Share & Trends Analysis Report By Application (Commercial, and Domestic), By Type (Electric, Gas Powered, and Manual), By Tonnage (Less than 15 tons, 15 to 30 tons, and Above 30 tons), By Country and Growth Forecast, 2024 - 2031

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    Report

  • 105 Pages
  • April 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5953548
The LAMEA Log Splitters Market would witness market growth of 6.9% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 507.4 thousand units, showcasing a growth of 9.0% (2024-2031).

In the Log Splitters Market, the segment dedicated to electric log splitters represents a popular choice among users seeking efficient, eco-friendly, and relatively low-maintenance wood-splitting solutions. Electric log splitters are powered by electricity, offering a convenient alternative to gas-powered machines without sacrificing performance. Therefore, the Brazil market would utilize 71.6 thousand units of Log Splitters by 2031.



The Brazil market dominated the LAMEA Log Splitters Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $94.6 Million by 2031. The Argentina market is registering a CAGR of 7.5% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 6.5% during (2024 - 2031).

With growing concerns about environmental sustainability and the carbon footprint of traditional heating fuels, many consumers are turning to wood-burning stoves and fireplaces as a more sustainable heating solution. It is crucial in processing firewood for these heating systems, contributing to their adoption as eco-friendly alternatives. Additionally, the do-it-yourself (DIY) culture and a desire for self-sufficiency contributed to the adoption of log splitters among homeowners and small-scale farmers. Many individuals prefer to split their firewood rather than purchase pre-split wood for cost savings and the satisfaction of producing their fuel.

The market is characterized by several notable trends shaping the industry landscape and driving market growth. These trends reflect evolving consumer preferences, technological advancements, and changes in industry dynamics. For example, a growing demand for portable and compact log splitters is driven by the rise of off-grid living, outdoor recreational activities, and small-scale woodworking projects. Consumers seek lightweight, easy-to-transport log splitters that can be used in remote outdoor settings, fostering innovation in portable log splitter designs.

As the construction industry in Nigeria grows, there will likely be an increased demand for wood products for use in building materials, furniture, and other construction-related applications. According to the International Trade Administration (ITA), Nigeria’s construction industry grew by 5.7% in 2022 and at an average rate of 3.2% between 2022 and 2026, compared to a 3.1% increase in 2021. This higher demand for wood may lead to an increased need for log splitters to efficiently process timber for construction projects. In conclusion, the increasing construction sector and rising timber industry in the region drive the market’s growth.

Based on Application, the market is segmented into Commercial, and Domestic. Based on Type, the market is segmented into Electric, Gas Powered, and Manual. Based on Tonnage, the market is segmented into Less than 15 tons, 15 to 30 tons, and Above 30 tons. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • AriensCo
  • Great Northern Equipment Distributing, Inc. (Iron & Oak)
  • Troy-Bilt LLC (Stanley Black & Decker, Inc.)
  • Champion Power Equipment, Inc.
  • Swisher Acquisition Inc
  • Boss Industrial Inc.
  • Powerking Corporation
  • WEN Products
  • Husqvarna Group
  • Ardisam, Inc. (Earthquake Outdoor Power Equipment)

Market Report Segmentation

By Application (Volume, Thousand Units, USD Billion, 2020-2031)
  • Commercial
  • Domestic
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
  • Electric
  • Gas Powered
  • Manual
By Tonnage (Volume, Thousand Units, USD Billion, 2020-2031)
  • Less than 15 tons
  • 15 to 30 tons
  • Above 30 tons
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Log Splitters Market, by Application
1.4.2 LAMEA Log Splitters Market, by Type
1.4.3 LAMEA Log Splitters Market, by Tonnage
1.4.4 LAMEA Log Splitters Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. LAMEA Log Splitters Market by Application
4.1 LAMEA Commercial Market by Country
4.2 LAMEA Domestic Market by Country
Chapter 5. LAMEA Log Splitters Market by Type
5.1 LAMEA Electric Market by Country
5.2 LAMEA Gas Powered Market by Country
5.3 LAMEA Manual Market by Country
Chapter 6. LAMEA Log Splitters Market by Tonnage
6.1 LAMEA Less than 15 tons Market by Country
6.2 LAMEA 15 to 30 tons Market by Country
6.3 LAMEA Above 30 tons Market by Country
Chapter 7. LAMEA Log Splitters Market by Country
7.1 Brazil Log Splitters Market
7.1.1 Brazil Log Splitters Market by Application
7.1.2 Brazil Log Splitters Market by Type
7.1.3 Brazil Log Splitters Market by Tonnage
7.2 Argentina Log Splitters Market
7.2.1 Argentina Log Splitters Market by Application
7.2.2 Argentina Log Splitters Market by Type
7.2.3 Argentina Log Splitters Market by Tonnage
7.3 UAE Log Splitters Market
7.3.1 UAE Log Splitters Market by Application
7.3.2 UAE Log Splitters Market by Type
7.3.3 UAE Log Splitters Market by Tonnage
7.4 Saudi Arabia Log Splitters Market
7.4.1 Saudi Arabia Log Splitters Market by Application
7.4.2 Saudi Arabia Log Splitters Market by Type
7.4.3 Saudi Arabia Log Splitters Market by Tonnage
7.5 South Africa Log Splitters Market
7.5.1 South Africa Log Splitters Market by Application
7.5.2 South Africa Log Splitters Market by Type
7.5.3 South Africa Log Splitters Market by Tonnage
7.6 Nigeria Log Splitters Market
7.6.1 Nigeria Log Splitters Market by Application
7.6.2 Nigeria Log Splitters Market by Type
7.6.3 Nigeria Log Splitters Market by Tonnage
7.7 Rest of LAMEA Log Splitters Market
7.7.1 Rest of LAMEA Log Splitters Market by Application
7.7.2 Rest of LAMEA Log Splitters Market by Type
7.7.3 Rest of LAMEA Log Splitters Market by Tonnage
Chapter 8. Company Profiles
8.1 AriensCo
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.1.3 SWOT Analysis
8.2 Great Northern Equipment Distributing, Inc. (Iron & Oak)
8.2.1 Company Overview
8.3 Troy-Bilt LLC (Stanley Black & Decker, Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expenses
8.4 Champion Power Equipment, Inc.
8.4.1 Company Overview
8.5 Swisher Acquisition Inc
8.5.1 Company Overview
8.6 Boss Industrial Inc.
8.6.1 Company Overview
8.7 Powerking Corporation
8.7.1 Company Overview
8.8 WEN Products
8.8.1 Company Overview
8.9 Husqvarna Group
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 SWOT Analysis
8.10. Ardisam, Inc. (Earthquake Outdoor Power Equipment)
8.10.1 Company Overview

Companies Mentioned

  • AriensCo
  • Great Northern Equipment Distributing, Inc. (Iron & Oak)
  • Troy-Bilt LLC (Stanley Black & Decker, Inc.)
  • Champion Power Equipment, Inc.
  • Swisher Acquisition Inc
  • Boss Industrial Inc.
  • Powerking Corporation
  • WEN Products
  • Husqvarna Group
  • Ardisam, Inc. (Earthquake Outdoor Power Equipment)

Methodology

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