Reports
Global Precision Forestry Market: By Component: Services, Software, Hardware; By Technology: CTL, Geospatial, Fire Detection; By Application: Genetics and Nurseries, Silviculture and Fire Management, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Precision Forestry Market Outlook
The global precision forestry market attained a value of USD 4 billion in 2020. The precision forestry market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 8.8% to reach USD 6.6 billion by 2026.
The increasing support by the government for the adoption of modern forestry technologies to limit illegal logging is further driving the precision forestry market growth.
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Market Segmentation
The preparation and execution of site-specific forest management programs and operations to improve the quality and use of wood products, to reduce waste, to maximise profits, and to preserve environmental quality is known as precision forest.
On the basis of the component, the precision forestry market is divided into:
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- Services
- Software
- Hardware
Based on technology, the industry can be segmented into:
- CTL
- Geospatial
- Fire Detection
The industry can be broadly categorised based on its applications into:
- Genetics and Nurseries
- Silviculture and Fire Management
- Harvesting Management
- Inventory and Logistics Management
The EMR report looks into the regional markets of precision forestry like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The expansion of the global precision forest market is being driven by the increasing demand for wood in various industries. Forestry precision requires the use of advanced technology to carry out hectic forestry tasks. Some of the prominent factors that are expected to stimulate global precision forest market growth over the next few years include increasing forestry mechanisms, lower cost of advanced monitoring and surveillance technology, the rising demand for forest products and increased support from the government to adopt modern forestry methods to counter illegal logging.
However, factors such as high costs, insufficient awareness, and the unavailability of skilled labour, will hinder the growth of the global forest precision market in the coming years.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global precision forestry market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Deere & Company
- Ponsse PLC
- Komatsu Forest
- Treemetrics Ltd.
- Rottne Industri AB
- Sampo-Rosenlew Oy
- Tigercat International Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Technology, Application, Region |
| Breakup by Component | Services, Software, Hardware |
| Breakup by Technology | CTL, Geospatial, Fire Detection |
| Breakup by Application | Genetics and Nurseries, Silviculture and Fire Management, Harvesting Management, Inventory and Logistics Management |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Deere & Company, Ponsse PLC, Tigercat International Inc., Rottne Industri AB, Treemetrics Ltd., Komatsu Forest, Sampo-Rosenlew Oy, 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 Precision Forestry Market Analysis
8.1 Key Industry Highlights
8.2 Global Precision Forestry Historical Market (2018-2022)
8.3 Global Precision Forestry Market Forecast (2023-2028)
8.4 Global Precision Forestry Market by Component
8.4.1 Services
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Software
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Hardware
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Precision Forestry Market by Technology
8.5.1 CTL
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Geospatial
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Fire Detection
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.6 Global Precision Forestry Market by Application
8.6.1 Genetics and Nurseries
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Silviculture and Fire Management
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Harvesting Management
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Inventory and Logistics Management
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.7 Global Precision Forestry Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.2.2 Forecast Trend (2023-2028)
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 Spain
9.2.3.6 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.2 Forecast Trend (2023-2028)
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 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Deere & Company
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Ponsse PLC
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Tigercat International Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Rottne Industri AB
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Treemetrics Ltd.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Komatsu Forest
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Sampo-Rosenlew Oy
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Precision Forestry Market: Key Industry Highlights, 2018 and 2028
2. Global Precision Forestry Historical Market: Breakup by Component (USD Billion), 2018-2022
3. Global Precision Forestry Market Forecast: Breakup by Component (USD Billion), 2023-2028
4. Global Precision Forestry Historical Market: Breakup by Technology (USD Billion), 2018-2022
5. Global Precision Forestry Market Forecast: Breakup by Technology (USD Billion), 2023-2028
6. Global Precision Forestry Historical Market: Breakup by Application (USD Billion), 2018-2022
7. Global Precision Forestry Market Forecast: Breakup by Application (USD Billion), 2023-2028
8. Global Precision Forestry Historical Market: Breakup by Region (USD Billion), 2018-2022
9. Global Precision Forestry Market Forecast: Breakup by Region (USD Billion), 2023-2028
10. North America Precision Forestry Historical Market: Breakup by Country (USD Billion), 2018-2022
11. North America Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Europe Precision Forestry Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Europe Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Asia Pacific Precision Forestry Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Asia Pacific Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Latin America Precision Forestry Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Latin America Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Middle East and Africa Precision Forestry Historical Market: Breakup by Country (USD Billion), 2018-2022
19. Middle East and Africa Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2023-2028
20. Global Precision Forestry Market Structure
Key Questions Answered in the Report
In 2021, the global precision forestry market attained a value of more than USD 4 billion.
The market is projected to grow at a CAGR of 8.8% between 2023 and 2028.
The market is estimated to witness healthy growth in the forecast period of 2023-2028 to reach a value of over USD 6.6 billion by 2027.
The major drivers of the market include the advancements in forestry mechanisms, lower cost of advanced monitoring and surveillance technology, the rising demand for forest products, and increasing adoption of CTL-based harvesting technology.
The increasing support by the government for the adoption of modern forestry technologies, coupled with the increasing demand for wood in various industries is the key industry trend propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on component, the market is divided into services, software, and hardware.
Based on technology, the industry can be segmented into CTL, geospatial, and fire detection.
The industry can be broadly categorised based on its applications into genetics and nurseries, silviculture and fire management, harvesting management, and inventory and logistics management.
The major players in the industry are Deere & Company, Ponsse Plc, Tigercat International Inc., Rottne Industri AB, Treemetrics Ltd., Komatsu Forest, and Sampo-Rosenlew Oy, among others.
Analyst Review
The global precision forestry market attained a value of more than USD 4 billion in 2021, driven by the rising demand for wood from various end use industries and thriving do-it-yourself sector. Aided by technological advancements in the forestry mechanisms, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 8.8% to reach a value of over USD 6.6 billion by 2027.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on component, the market is divided into services, software, and hardware. Based on technology, the industry can be segmented into CTL, geospatial, and fire detection. The industry can be broadly categorised based on its applications into genetics and nurseries, silviculture and fire management, harvesting management, and inventory and logistics management. The major regional markets for precision forestry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Deere & Company, Ponsse Plc, Tigercat International Inc., Rottne Industri AB, Treemetrics Ltd., Komatsu Forest, and Sampo-Rosenlew Oy, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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