Report Feature
The future of the forestry equipment market looks promising with opportunities in felling, extracting, and on-site equipment. The global forestry equipment market is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $10.6 billion by 2025 with a CAGR of 3% to 5% from 2020 to 2025. The major drivers for this market are economic growth and increasing demand for round wood in both construction and infrastructure activities.
Emerging trends, which have a direct impact on the dynamics of the forestry equipment market, include introduction of TimberMatic navigation and integration of mobile technology in forestry equipment.
In this market, felling equipment is the largest market by product type, whereas oil power is largest by power type. Growth in various segments of the forestry equipment market are given below:
Forestry Equipment Market by Segments
The study includes the forestry equipment market size and forecast for the forestry equipment market through 2025, segmented by product type, by power type, and region, as follows:
- Felling Equipment
- Chainsaws, harvesters, feller bunchers, and others
- Extracting Equipment
- Forwarders, skidders, and other, including cable yarding systems, farm tractors, and shovel loggers
- On-site Processing Equipment
- Chippers and grinders, delimbers, slashers, and other
- Separately Sold Parts and Attachments
- Harvesting and other cutting heads; saw chain, guide bars, blades, and teeth; and other parts and attachments
- Other Forestry Equipment
- Loaders, mulchers, and all other
- Oil Power
- Gas Power
- Electric Power
- North America
- US
- Canada
- Mexico
- Europe
- Sweden
- Finland
- Poland
- Spain
- Russia
- Asia Pacific
- China
- Japan
- India
- Indonesia
- South Korea
- The Rest of the World
- Brazil
- Market size estimates: Forestry equipment market size estimation in terms of value ($B) shipment.
- Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) 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.
Table of Contents
List of Figures
List of Tables
Methodology
- In-depth interviews of the major players in this 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 Lucintel’s professionals, who have analyzed and tracked this market over the years.
Buy Now
Choose a license that fits your team. Instant PDF delivery.
Prices exclude taxes. Instant delivery. Custom licensing available on request.
Key Questions
- • 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)?
- • Which segments will grow at a faster pace and why?
- • Which region will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the key challenges and business risks in this forestry equipment market?
- • What are the business risks and competitive threats in this forestry equipment market?
- • What are the emerging trends in this forestry equipment market and the reasons behind them?
- • What are some of the changing demands of customers in the forestry equipment market?
- • What are the new developments in the forestry equipment market? Which companies are leading these developments?
- • Who are the major players in this forestry equipment market? What strategic initiatives are key players pursuing for business growth?
- • 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?
- • What M&A activity has occurred in the last 5 years and what has its impact been on the forestry equipment industry? Report Scope Key Features Description Base Year for Estimation 2019 Trend Period (Actual Estimates) 2014-2019 Forecast Period 2020-2025 Pages 213 Market Representation / Units Revenue in US $ Billion Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling Market Segments By equipment type (felling equipment, extracting equipment, on-site processing equipment, separately sold parts and attachments, and other forestry equipment), By power type (oil power, gas power, and, electric power) Regional Scope North America (The United States, Canada, and Mexico), Europe (Sweeden, Finland, Poland, Spain, and Russia), Asia Pacific (China, Japan, India, South Korea, and Indonesia), and RoW ( Brazil) Customization 10% Customization Without any Additional Cost