Company Spotlight | Published Date : 31-July-2026
Forestry Equipment Market Size, Share and Forecast Trends - Growth Analysis and Outlook Report (2026-2035)
The global forestry equipment market was valued at USD 12.05 Billion in 2025. The market is expected to grow at a CAGR of 4.00% during the forecast period of 2026-2035 to reach a value of USD 17.84 Billion by 2035. As per the analysis by Expert Market Research, the shift towards automated processes and the flourishing construction sector are driving the market growth.
The forestry equipment market is being fuelled by the growing utilisation of wood in several end-use sectors, including furniture, paper, and construction, among others. With the rapid shift from manual to automated tasks for increasing time and cost effectiveness, the demand for forestry equipment to simplify logging activities is rapidly growing.
Major players in the market are developing forestry machines equipped with telematics and GPS systems for real-time tracking and monitoring of machinery while enhancing their efficiency, hence aiding the market. Furthermore, the demand for wooden slabs and pillars is expected to increase owing to the expansion of the construction sector, which is likely to augment the demand for forestry equipment. The increasing focus of manufacturers on developing forestry equipment with high fuel efficiency and minimal impact on the environment is also anticipated to boost the market growth in the forecast period.
The increasing launches of innovative forestry equipment offering improved uptime, safer performances, and surged outreach are likely to support the market. Such equipment also provides an enhanced field of vision and reliable performance in extreme environmental conditions. Furthermore, the rising investments in innovations and technological advancements by the leading companies to boost the efficiency and performance of forestry equipment are anticipated to positively influence the market development in the coming years.
In May 2026, Deere & Company reported second-quarter fiscal 2026 sales up 5 percent to USD 13.37 billion, driven by stronger construction and forestry equipment demand, and lifted its full-year Construction & Forestry sales outlook to up about 20 percent.
In May 2026, Rottne Industri launched its new H13F harvester, the first machine in its F-series, alongside the upgraded H8E harvester, offering higher performance and improved operator comfort for thinning and final felling.
In April 2026, Komatsu Forest completed its acquisition of Swedish forestry machine manufacturer Malwa Forest, gaining a foothold in lightweight, compact cut-to-length machinery for thinning operations.
In April 2026, Caterpillar reported first-quarter 2026 sales up 22 percent to USD 17.4 billion, with record order activity lifting its backlog to an all-time high of USD 63 billion.
In April 2026, Hitachi Construction Machinery reported full-year fiscal 2026 results, with sales of JPY 1,405 billion and record value-chain revenue, while reducing net debt.
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| Headquarters: | Moline, Illinois, United States |
| Establishment: | 1837 |
| Website: | https://www.deere.com/ |
| Chairman and CEO: | John C. May |
| Stock Ticker: | NYSE: DE |
| Key Segments: | Production & Precision Ag, Small Ag & Turf, Construction & Forestry, Financial Services |
Deere & Company is a manufacturer of connected and intelligent applications and machines to revolutionise the construction and agricultural sectors. The company’s portfolio includes over 25 brands that provide innovative solutions for several end-use sectors. In 2021, the company generated net sales and revenues of USD 44.02 billion. With 75,600 employees in over 100 locations across the globe, 48% of its consolidated revenues and sales occurred outside the United States. In May 2026, Deere reported second-quarter fiscal 2026 sales up 5 percent to USD 13.37 billion on stronger construction and forestry demand, and lifted its full-year Construction & Forestry sales outlook to up about 20 percent.
| Headquarters: | Tokyo, Japan |
| Establishment: | 1921 |
| Website: | https://home.komatsu/en/ |
| Stock Ticker: | TYO: 6301 |
| Forestry Division: | Komatsu Forest AB |
| Forestry Products: | Harvesters, forwarders, feller bunchers, harvesting-head excavators |
Komatsu Ltd. or Komatsu is a manufacturer of equipment and machinery used in utility, construction, forestry, and industrial applications. The company has 76 manufacturing facilities around the world and had a workforce of around 62,774 as of 2021. In August 2020, it launched new high-performance plasma cutting machines TWISTER TFPL10-6 and TFPL08-6. Its net sales reached JPY 69,393 million in 2021. In April 2026, Komatsu Forest completed its acquisition of Swedish forestry machine manufacturer Malwa Forest, gaining a foothold in lightweight, compact cut-to-length machinery for thinning operations.
| Headquarters: | Tokyo, Japan |
| Establishment: | 1970 |
| Website: | https://www.hitachicm.com/ |
| Stock Ticker: | TYO: 6305 |
| Group Affiliation: | Part of the Hitachi Group |
| Forestry Products: | ZAXIS forestry excavators, harvesters, and material handlers |
Hitachi Construction Machinery (HCM) is a subsidiary of the Hitachi Group that is engaged in the manufacturing, sales and service of construction machinery, transportation machinery, and other machines and devices. It was involved in the production of Japan’s first mechanical excavator. The company has a consolidated workforce of around 25,000 employees, with 80 subsidiaries and 22 affiliate companies. In 2021, the company generated consolidated revenue of JPY 1025 billion. In April 2026, Hitachi Construction Machinery reported full-year fiscal 2026 results, with sales of JPY 1,405 billion and record value-chain revenue, while reducing net debt.
| Headquarters: | Superior, Wisconsin, United States |
| Establishment: | 1963 |
| Website: | https://www.barko.com/ |
| Parent Company: | Pettibone, LLC |
| Status: | Privately Held |
| Key Products: | Knuckleboom loaders, harvesters, feller bunchers, wheeled tractors, material handlers |
Barko Hydraulics manufactures heavy equipment for the forestry, site prep, and material handling industries. Its mission is to deliver durable and reliable purpose-built equipment that provides customers with the tools they need to become more successful, comfortable, and safe. Some of its premium brands include merchandising knuckleboom loaders, advanced line-up of harvesters and feller bunchers, industrial wheeled tractors, rough terrain carrier loader, and stationary electric loaders, among others.
| Headquarters: | Irving, Texas, United States |
| Establishment: | 1925 |
| Website: | https://www.caterpillar.com/ |
| CEO: | Joseph Creed |
| Stock Ticker: | NYSE: CAT |
| Key Segments: | Construction Industries, Resource Industries, Energy & Transportation |
Caterpillar Inc. is one of the biggest companies engaged in the manufacturing of mining and construction equipment, natural gas engines and off-highway diesel, diesel-electric locomotives, and industrial gas turbines. With a team of 107,700 employees serving 193 countries Across the globe, the company boasts of around 27,000 suppliers. In 2021, its sales and revenue reached USD 51 billion. In April 2026, Caterpillar reported first-quarter 2026 sales up 22 percent to USD 17.4 billion, with record order activity lifting its backlog to an all-time high of USD 63 billion.
| Headquarters: | Rottne, Småland, Sweden |
| Establishment: | 1955 |
| Website: | https://www.rottne.com/ |
| Status: | Privately Held |
| Number of Employees: | Approximately 230 |
| Key Products: | Harvesters (H-series), forwarders for the cut-to-length (short-timber) method |
Rotten Industri AB is one of the leading manufacturers of modern forest machines in the world. It is the world's fourth largest manufacturer and supplier of powerful, wheeled forest machines adapted for the short timber method. The company employs around 230 people at factories in Rottne, Lenhovda and Stensele. Almost 50% of its production is exported to Europe, Russia, and North America. In May 2026, Rottne launched its new H13F harvester, the first machine in its F-series, alongside the upgraded H8E harvester, offering higher performance and improved operator comfort.
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