"Catapult Your Business to Fore, Gain Competitive Advantage "

Forestry Equipment Market Size, Share and Industry Analysis By Equipment Type (Felling Equipment, Extracting Equipment, On-Site Processing Equipment, and others), and Regional Forecast, 2019-2026

Region : South America | Format: PDF | Report ID: FBI100560

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global forestry equipment market size valued at USD 9,559.4 million in 2018 and is projected to reach USD 13,109.9 million by 2026, growing at a CAGR of 4.1% during the 2019 to 2026 forecast period. North America forestry equipment market size was valued USD 3,161 million in 2018. The global market is estimated to grow, with an increasing focus on forest management activities. Furthermore, with the increasing emphasis of forest management, various goals have been taken into consideration by the forestry industry in order to enhance the quality and quantity of the yield. This, in turn, will skyrocket the demand for forestry equipment.


The increase in the investments across the forestry industry is supplementing the overall growth of the global forestry equipment market. However, the foresters and forest owners are looking after enhancing the silviculture, which allows them to inculcate forest management plans for the long-term economic, social, and environmental needs of the end-users. Furthermore, with the growth in the production of industrial roundwood, there will be a significant demand for the forestry equipment during the forecast period, which will bode well with the global forestry equipment market.


The felling forestry equipment is anticipated to have the highest market share in 2018 due to the growing demand of harvesters, feller bunchers etc. On-site processing equipment in the global forestry equipment market is estimated to grow significantly during the forecast period mainly due to the increasing production of wood pellets as a power plant feedstock.


Request a Free sample to learn more about this report.


Market Segmentation


"Demand For Modern Equipment for Forest Industry is Flourishing the Global Forest Equipment Market"


It is observed that companies are manufacturing the modern forestry machinery in order to increase the efficiency and productivity in all phases of forestry operations without hampering the quality or safety. Furthermore, current innovations in the logging methods combined with the forest science to improve techniques for forest operations, including reducing fire risk, low-impact harvesting have been implemented across the global forestry equipment market.


There has been an expansion in the sophisticated forestry machinery in the forest that have the capability of providing multiple outputs. For example, advance logging equipment can process an entire tree into log lengths in one motion, thereby improving safety, saving time, and reducing impacts on the environment. Moreover, computer systems are incorporated into forest machinery, that can help in offer less energy use, a cleaner environment, optimized performance, and greater wood utilization. Therefore, forestry equipment companies are manufacturing machines that are purpose-built to be more efficient, safer, cleaner running, and have lower site impacts.


To know how our report can help streamline your business, Speak to Analyst


REGIONAL ANALYSIS


"Increasing investment by the government is supplementing the revenue growth of the North America, whereas Asia Pacific is estimated to have a significant growth"


North America valued at US$ 3,161.0 Mn in 2018 and is anticipated to emerge dominant in the global forestry equipment market during the forecast period. Growth witnessed in the region is likely to be driven by the emergence of online retail facilities, availability of forestry equipment on rental basis, rising government investments in infrastructure development, reduction in capital investments. Similarly, the region being a major original forestry equipment manufacturer base for forestry equipment tyre, is expected to be one of the major consumers of OEM forestry equipment tyre at a global level owing to growth in construction, manufacturing and energy sectors. Also, it is being anticipated that US will record the largest increases of the forestry equipment market during the forecast period, supported by the acceleration in the economic activity and construction expenditures, a healthy capital spending environment, and growth in roundwood output.


Asia Pacific generated a revenue of US$ 2,101.6 Mn in 2018 and is expected to witness growth owing to increasing in government expenditure for upgrading and rehabilitating the forests as well as the forestry equipment across the countries of Asia Pacific


North America Forestry Equipment Market, 2018

To get more information on the regional analysis of this market, Request a Free sample


REPORT COVERAGE


"The increasing focus on infrastructure and development of automation in the construction and manufacturing processes had a significant impact on the market growth."


The report provides qualitative and quantitative insights on the forestry equipment market and detailed analysis of market size & growth rate for all possible segments in the market. The market has been segmented by equipment type, and geography. By equipment type, the forestry equipment market is categorized into felling forestry equipment, extracting equipment, on-site processing equipment, cutting & loading equipment, and other equipment. Geographically, the market is segmented into five major regions, which are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regions are further categorized into countries.


An Infographic Representation of Forestry Equipment Market

To get information on various segments, share your queries with us



Along with this, the report provides elaborative analysis of the global forestry equipment market dynamics and competitive landscape. Various key insights provided in the report are the price trend analysis, recent industry developments in the field of forestry equipment such as mergers & acquisitions, the regulatory scenario in key countries, SWOT analysis, and key industry trends.


SEGMENTATION


















ATTRIBUTE



DETAILS



By Equipment Type




  • Felling Equipment

  • Extracting Equipment

  • On-Site Processing Equipment

  • Cutting & Loading Equipment

  • Other Forestry Equipment



By Region




  • North America (The U.S. and Canada)

  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)

  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)

  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

  • Latin America (Brazil, Mexico and Rest of Latin America)



LIST OF KEY COMPANIES PROFILED :



  • AB Volvo

  • Caterpillar Inc.

  • Komatsu Ltd

  • Doosan Infracore Co. Ltd

  • Hitachi Construction Machinery Co. Ltd

  • C. Bamford Excavators Limited

  • Deere & Company.

  • CNH Industrial N.V

  • Hyundai Heavy Industries Co. Ltd

  • Bell Equipment

  • Sumitomo Heavy Industries


INDUSTRY DEVELOPMENT



  • February, 2019: Komatsu acquired TimbrePro Inc.which is a Wisconsin-based manufacturer of purpose-built forestry equipment and attachments, offering tracked feller bunchers and harvesters, forwarders, wheeled harvesters, and felling heads.

  • April 2019: Tata International signed an agreement with John Deere. According to the agreement, Tata International will be the authorised distributor for John Deere construction and forestry products in Ghana, Nigeria, Benin and Togo


Frequently Asked Questions

Fortune Business Insights says that the Market was valued at USD 9,559.4 Mn.

In 2026, the Market is expected to be valued at USD 13,109.9 Mn.

Growing at a CAGR of 4.1%, the Market will exhibit moderate growth in the forecast period (2019-2026)

North America is expected to hold a significant market share in the Forestry Equipment Market. The region is valued at USD 3,161.0 Mn in 2018.

Within the equioment type segment Felling Equipment is expected to be the leading segment in market during the forecast period.

Demand For Modern Equipment for Forest Industry is expected to drive the growth of the market.

AB Volvo, Caterpillar Inc., Komatsu Ltd, Doosan Infracore Co. Ltd, & Hitachi Construction Machinery Co. Ltd are the top players in Forestry Equipment Market.

The major players in the market constitutes more than half of the market which is majorly owed to their brand name and presence in multiple regions.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • Jun, 2019
  • 2018
  • 2015-2017
  • 100

    CHOOSE LICENSE TYPE

  • $4850
    $5850
    $6850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Client Testimonials

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X