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Wood Chipper Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5968991
The global wood chipper market is expected to reach an estimated $513.3 million by 2030 with a CAGR of 3.1% from 2024 to 2030.

The major drivers for this market are wood chippers' technological improvements and the rising acceptance of electric devices, rapid growth of the construction and pulp & paper industries across the globe, as well as, increasing use of organic mulch for gardening, landscaping, ecological restoration, and mushroom cultivation substrate. The future of the global wood chipper market looks promising with opportunities in the construction, forestry & biomass, paper & pulp, and timber factories & sawmills markets.

Wood Chipper by Segment

The study includes a forecast for the global wood chipper by product type, fuel type, capacity, end use, and region.

Wood Chipper Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

  • Disc Type
  • Drum Type
  • Screw Type

Wood Chipper Market by Fuel Type [Shipment Analysis by Value from 2018 to 2030]:

  • Diesel Engine
  • Petrol Engine
  • Electric Driven

Wood Chipper Market by Capacity [Shipment Analysis by Value from 2018 to 2030]:

  • 10-250 Kg/Hr
  • 250-3000 Kg/Hr
  • 3000-10000 Kg/Hr
  • Above 10000 Kg/Hr

Wood Chipper Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Construction
  • Forestry & Biomass
  • Paper & Pulp
  • Timber Factories & Sawmills
  • Others

Wood Chipper Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Wood Chipper Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wood chipper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wood chipper companies profiled in this report include:
  • Terex, Morbark
  • Bandit
  • Vermeer
  • Patriot Products
  • Avant Tecno Oy
  • Bruks
  • Siwertell
  • Bugnot 52
  • Crary Industries
  • Wajax

Wood Chipper Market Insights

Drum type will remain the largest segment over the forecast period because the drum wood chippers are becoming more and more popular in a variety of industries, which can be linked to their longevity, low maintenance costs, and ease of use.

North America will remain the largest region over the forecast period due to rapid infrastructural development, existence of leading players, and rising popularity of electric equipment in the region.

Features of the Global Wood Chipper Market

  • Market Size Estimates: Wood chipper market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Wood chipper market size by product type, fuel type, capacity, end use, and region in terms of value ($B).
  • Regional Analysis: Wood chipper market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product type, fuel type, capacity, end use, and regions for the wood chipper market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wood chipper market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the wood chipper market size?
Answer: The global wood chipper market is expected to reach an estimated $513.3 million by 2030.

Q2. What is the growth forecast for wood chipper market?
Answer: The global wood chipper market is expected to grow with a CAGR of 3.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the wood chipper market?
Answer: The major drivers for this market are wood chippers' technological improvements and the rising acceptance of electric devices, rapid growth of the construction and pulp & paper industries across the globe, as well as, increasing use of organic mulch for gardening, landscaping, ecological restoration, and mushroom cultivation substrate.

Q4. What are the major segments for wood chipper market?
Answer: The future of the global wood chipper market looks promising with opportunities in the construction, forestry & biomass, paper & pulp, and timber factories & sawmills markets.

Q5. Who are the key wood chipper market companies?
Answer: Some of the key wood chipper companies are as follows:
  • Terex, Morbark
  • Bandit
  • Vermeer
  • Patriot Products
  • Avant Tecno Oy
  • Bruks
  • Siwertell
  • Bugnot 52
  • Crary Industries
  • Wajax
Q6. Which wood chipper market segment will be the largest in future?
Answer: The publisher forecasts that drum type will remain the largest segment over the forecast period because the drum wood chippers are becoming more and more popular in a variety of industries, which can be linked to their longevity, low maintenance costs, and ease of use.

Q7. In wood chipper market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rapid infrastructural development, existence of leading players, and rising popularity of electric equipment in the region.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the wood chipper market by product type (disc type, drum type, and screw type), fuel type (diesel engine, petrol engine, and electric driven), capacity (10-250 kg/hr, 250-3000 kg/hr, 3000-10000 kg/hr, and above 10000 kg/hr), end use (construction, forestry & biomass, paper & pulp, timber factories & sawmills, and others), 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 market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Wood Chipper Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Wood Chipper Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Wood Chipper Market by Product Type
3.3.1: Disc Type
3.3.2: Drum Type
3.3.3: Screw Type
3.4: Global Wood Chipper Market by Fuel Type
3.4.1: Diesel Engine
3.4.2: Petrol Engine
3.4.3: Electric Driven
3.5: Global Wood Chipper Market by Capacity
3.5.1: 10-250 kg/hr
3.5.2: 250-3000 kg/hr
3.5.3: 3000-10000 kg/hr
3.5.4: Above 10000 kg/hr
3.6: Global Wood Chipper Market by End Use
3.6.1: Construction
3.6.2: Forestry & Biomass
3.6.3: Paper & Pulp
3.6.4: Timber Factories & Sawmills
3.6.5: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Wood Chipper Market by Region
4.2: North American Wood Chipper Market
4.2.1: North American Wood Chipper Market by Fuel Type: Diesel Engine, Petrol Engine, and Electric Driven
4.2.2: North American Wood Chipper Market by End Use: Construction, Forestry & Biomass, Paper & Pulp, Timber Factories & Sawmills, and Others
4.3: European Wood Chipper Market
4.3.1: European Wood Chipper Market by Fuel Type: Diesel Engine, Petrol Engine, and Electric Driven
4.3.2: European Wood Chipper Market by End Use: Construction, Forestry & Biomass, Paper & Pulp, Timber Factories & Sawmills, and Others
4.4: APAC Wood Chipper Market
4.4.1: APAC Wood Chipper Market by Fuel Type: Diesel Engine, Petrol Engine, and Electric Driven
4.4.2: APAC Wood Chipper Market by End Use: Construction, Forestry & Biomass, Paper & Pulp, Timber Factories & Sawmills, and Others
4.5: ROW Wood Chipper Market
4.5.1: ROW Wood Chipper Market by Fuel Type: Diesel Engine, Petrol Engine, and Electric Driven
4.5.2: ROW Wood Chipper Market by End Use: Construction, Forestry & Biomass, Paper & Pulp, Timber Factories & Sawmills, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Wood Chipper Market by Product Type
6.1.2: Growth Opportunities for the Global Wood Chipper Market by Fuel Type
6.1.3: Growth Opportunities for the Global Wood Chipper Market by Capacity
6.1.4: Growth Opportunities for the Global Wood Chipper Market by End Use
6.1.5: Growth Opportunities for the Global Wood Chipper Market by Region
6.2: Emerging Trends in the Global Wood Chipper Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Wood Chipper Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Wood Chipper Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Terex, Morbark
7.2: Bandit
7.3: Vermeer
7.4: Patriot Products
7.5: Avant Tecno Oy
7.6: Bruks
7.7: Siwertell
7.8: Bugnot 52
7.9: Crary Industries
7.10: Wajax

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Terex, Morbark
  • Bandit
  • Vermeer
  • Patriot Products
  • Avant Tecno Oy
  • Bruks
  • Siwertell
  • Bugnot 52
  • Crary Industries
  • Wajax

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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