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Forestry Equipment Market Report: Trends, Forecast and Competitive Analysis

Forestry Equipment Market Report: Trends, Forecast and Competitive Analysis

  • June 2020
  • 213 pages
  • ID: 5817489
  • Format: PDF
  • Lucintel

Summary

Table of Contents

Trends, opportunities and forecast in forestry equipment market to 2025 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)

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.

Forestry equipment opportunities have evolved through number of stages as presented in figure below:
Evolution of Forestry Equipment Opportunities

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:

Forestry Equipment Market by Equipment ($ Billion from 2014 to 2025)
• 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

Forestry Equipment Market by Power Type ($ Billion from 2014 to 2025)
• Oil Power
• Gas Power
• Electric Power

Forestry Equipment Market by Region ($ Billion from 2014 to 2025)
• 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

Some of the forestry equipment companies profiled John Deere, Caterpillar, Claas KGaA, Hitachi, Stihl Holding, Ponsse, Husqvarna, Kubota Corporation, CNH Industrial, and Bell Equipment and others.

On the basis of its comprehensive research, The analyst forecasts that felling equipment will remain the largest segment and it is also expected to witness the highest growth over the forecast period due to increase use of cut-to-length harvesting methods relative to tree-length and whole-tree systems.

Oil power, gas power, and electric power forestry equipment are used in this market. Electric power equipment will remain the largest segment and it is expected to witness the highest growth over the forecast period as it provides significant power for maximum output without increasing emissions.

APAC will remain the largest region and it is expected to witness highest growth over the forecast period due to growth in building and construction activities and increasing demand for woods in home furnishing application.

Some of the features of this report:

• 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.

This report answers the following 11 key questions:

Q.1. 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)?
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 forestry equipment market?
Q.5. What are the business risks and competitive threats in this forestry equipment market?
Q.6. What are the emerging trends in this forestry equipment market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the forestry equipment market?
Q.8. What are the new developments in the forestry equipment market? Which companies are leading these developments?
Q.9. Who are the major players in this forestry equipment market? What strategic initiatives are key players pursuing for business growth?
Q.10. 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?
Q.11. 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)
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