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Global Forestry Equipment Market: By Product: Harvester, Feller Bunche, Forwarder, Skidders, Bunchers, Loaders, Mulcher, Others; By Power: Electric, Gas, Oil; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Forestry Equipment Market Outlook

The global forestry equipment market size stood at USD 10.3 billion in 2020 and is expected to grow at a CAGR of 4%, being driven by shifting global trend toward automated processes and rise of the construction sector. The market is projected to reach USD 13 billion by 2026.

 

Global Forestry Equipment Market

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Europe Holds the Major Market Share in Forestry Equipment Industry, Globally

The European countries hold a significant market share for global forestry equipment and are projected to retain their dominance. The agricultural policy of this region ensures that this industry is backed financially. This allows the organizations in Europe to avail high end equipment for agriculture and forestry. Various measures undertaken by European countries that encourage forestry activities supports the growth of forestry machinery in this region over the forecast period. Moreover, the rising demand for forest products such as woods, herbs, and other minerals specifically grown in recent years due to growing awareness and health concerns, are expected to strengthen the market growth. Due to this increasing demand, businesses are calling for new and heavy-duty forestry equipment. These machines can be used for chopping, segregation, collection, for storing logs, and other products smoothly. As a result of this thriving demand, the global forestry equipment market is predicted to grow at a decent rate in the upcoming years.

 

Forestry Equipment: Industry Definition and Segmentation

Forestry refers to the science or art of planting, managing and caring for forests. The equipment that facilitates this practice is called forestry equipment. Agriculture and forestry are one of the oldest industries practiced by mankind. Over the past years, we have grown more dependent on agricultural products and forestry.

 

Global Forestry Equipment Market By Power Source

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On the basis of product, the forestry equipment market is segmented into:

  • Harvester
  • Feller Bunche
  • Forwarder
  • Skidders
  • Bunchers
  • Loaders
  • Mulcher
  • Others

On the basis of power source used, the industry is segmented into:

  • Electric
  • Gas
  • Oil

The regional markets for forestry equipment include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Forestry Equipment Market By Region

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The Expanding Construction Sector to Boost the Market Growth of Forestry Equipment

The forestry equipment industry is expected to observe decent growth due to the increasing awareness about forest preservation and related practices in both developed and developing countries. Further, the transition of forestry operations from manual work to the automated mode of functioning in forests is likely to drive the demand for forestry equipment during the forecast period. The growing demand for wood and various by-products, along with the shift towards mechanized processes for the cutting of forest trees, has significantly strengthened the demand for forestry equipment. Furthermore, major players in the sector are changing the landscape of the market by developing forestry machines equipped with telematics and GPS systems for real-time tracking and monitoring of machinery, which would enhance efficiency. Developments such as these, as well as the rising demand for these hybrid technologies, are expected to boost the market growth.

Furthermore, as the construction industry expands, there is expected to be an increased demand for wooden slabs and pillars, which, in turn, will drive the demand for forestry equipment. Further, manufacturers are focusing on developing forestry equipment, which will have reduced effects on soil and fuel efficiency. This, in turn, is expected to boost the market growth for forestry equipment.

 

Key Industry Players in the Market for Forestry Equipment

The report presents a detailed analysis of the following key players in the global forestry equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Deere & Company
  • Komatsu Ltd.
  • Hitachi Construction Machinery Co., Ltd.
  • Barko Hydraulics, LLC
  • Caterpillar Inc.
  • Rottne Industry AB
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Power, Region
Breakup by Product Harvester, Feller Bunche, Forwarder, Skidders, Bunchers, Loaders, Mulcher, Others
Breakup by Power Electric, Gas, Oil
Breakup by Region North America, Latin America, Europe, Middle East and Africa, Asia Pacific
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Trade Data Analysis Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Deere & Company, Komatsu Ltd., Hitachi Construction Machinery Co., Ltd., Barko Hydraulics, LLC, Caterpillar Inc., Rottne Industri AB, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Forestry Equipment Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Forestry Equipment Historical Market (2016-2020) 
    8.3    Global Forestry Equipment Market Forecast (2021-2026)
    8.4    Global Forestry Equipment Market by Product
        8.4.1    Harvester
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Feller Bunche
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Forwarder
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Skidders
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Bunchers
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Loaders
            8.4.6.1    Market Share
            8.4.6.2    Historical Trend (2016-2020)
            8.4.6.3    Forecast Trend (2021-2026)
        8.4.7    Mulcher
            8.4.7.1    Market Share
            8.4.7.2    Historical Trend (2016-2020)
            8.4.7.3    Forecast Trend (2021-2026)
        8.4.8    Others
    8.5    Global Forestry Equipment Market by Power
        8.5.1    Electric
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Gas
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Oil
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Forestry Equipment Market by Region
        8.6.1    Market Share
            8.6.1.1    North America
            8.6.1.2    Europe
            8.6.1.3    Asia Pacific
            8.6.1.4    Latin America
            8.6.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Trade Data Analysis

    12.1    Major Importing Countries
        12.1.1    By Volume
        12.1.2    By Value
    12.2    Major Exporting Countries
        12.2.1    By Volume
        12.2.2    By Value
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Deere & Company
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Komatsu Ltd.
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Hitachi Construction Machinery Co., Ltd.    
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Barko Hydraulics, LLC
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Caterpillar Inc.
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Rottne Industri AB
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Industry Events and Developments


List of Figures and Tables

1.    Global Forestry Equipment Market: Key Industry Highlights, 2016 and 2026
2.    Global Forestry Equipment Historical Market: Breakup by Product (USD Billion), 2016-2020
3.    Global Forestry Equipment Market Forecast: Breakup by Product (USD Billion), 2021-2026
4.    Global Forestry Equipment Historical Market: Breakup by Power (USD Billion), 2016-2020
5.    Global Forestry Equipment Market Forecast: Breakup by Power (USD Billion), 2021-2026
6.    Global Forestry Equipment Historical Market: Breakup by Region (USD Billion), 2016-2020
7.    Global Forestry Equipment Market Forecast: Breakup by Region (USD Billion), 2021-2026
8.    North America Forestry Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    North America Forestry Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Europe Forestry Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Europe Forestry Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Asia Pacific Forestry Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Asia Pacific Forestry Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Latin America Forestry Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Latin America Forestry Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Middle East and Africa Forestry Equipment Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Middle East and Africa Forestry Equipment Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Major Importing Countries by Volume (2020)
19.    Major Exporting Countries by Volume (2020)
20.    Major Importing Countries by Value (2020)
21.    Major Exporting Countries by Value (2020)
22.    Global Forestry Equipment Market Structure

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