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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 (2017-2027); 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 2022-2027 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.

 

Global Precision Forestry Market

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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:

 

Global Precision Forestry Market By Component

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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.

 

Global Precision Forestry Market By Region

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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 2020
Historical Period 2017-2021
Forecast Period 2022-2027
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.

 

*We at Expert Market Research always strive 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 Precision Forestry Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Precision Forestry Historical Market (2017-2021) 
    8.3    Global Precision Forestry Market Forecast (2022-2027)
    8.4    Global Precision Forestry Market by Component
        8.4.1    Services
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Software
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
        8.4.3    Hardware
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2017-2021)
            8.4.3.3    Forecast Trend (2022-2027)
    8.5    Global Precision Forestry Market by Technology
        8.5.1    CTL
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Geospatial
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
        8.5.3    Fire Detection
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2017-2021)
            8.5.3.3    Forecast Trend (2022-2027)
    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 (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Silviculture and Fire Management
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
        8.6.3    Harvesting Management
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2017-2021)
            8.6.3.3    Forecast Trend (2022-2027)
        8.6.4    Inventory and Logistics Management
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2017-2021)
            8.6.4.3    Forecast Trend (2022-2027)
    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 (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        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 (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        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, 2016 and 2026
2.    Global Precision Forestry Historical Market: Breakup by Component (USD Billion), 2017-2021
3.    Global Precision Forestry Market Forecast: Breakup by Component (USD Billion), 2022-2027
4.    Global Precision Forestry Historical Market: Breakup by Technology (USD Billion), 2017-2021
5.    Global Precision Forestry Market Forecast: Breakup by Technology (USD Billion), 2022-2027
6.    Global Precision Forestry Historical Market: Breakup by Application (USD Billion), 2017-2021
7.    Global Precision Forestry Market Forecast: Breakup by Application (USD Billion), 2022-2027
8.    Global Precision Forestry Historical Market: Breakup by Region (USD Billion), 2017-2021
9.    Global Precision Forestry Market Forecast: Breakup by Region (USD Billion), 2022-2027
10.    North America Precision Forestry Historical Market: Breakup by Country (USD Billion), 2017-2021
11.    North America Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2022-2027
12.    Europe Precision Forestry Historical Market: Breakup by Country (USD Billion), 2017-2021
13.    Europe Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2022-2027
14.    Asia Pacific Precision Forestry Historical Market: Breakup by Country (USD Billion), 2017-2021
15.    Asia Pacific Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2022-2027
16.    Latin America Precision Forestry Historical Market: Breakup by Country (USD Billion), 2017-2021
17.    Latin America Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2022-2027
18.    Middle East and Africa Precision Forestry Historical Market: Breakup by Country (USD Billion), 2017-2021
19.    Middle East and Africa Precision Forestry Market Forecast: Breakup by Country (USD Billion), 2022-2027
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 2022 and 2027.

The market is estimated to witness healthy growth in the forecast period of 2022-2027 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 2022-2027, 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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