Forestry Equipment Market to Witness Massive Growth (2024-2031) | AB Volvo, Caterpillar Inc., Deere & Company, Doosan Infracore Co. Ltd

The Global Forestry Equipment Market reached USD 9.5 billion in 2022 and is expected to reach USD 13.1 billion by 2031, growing with a CAGR of 4.2% during the forecast period 2024-2031

DataM Intelligence has published a new research report on "Forestry Equipment Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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The Forestry Equipment Market refers to the global industry that manufactures, sells, and services machinery and tools used in forest management, logging, and wood harvesting operations. This equipment includes a wide range of machines such as feller bunchers, skidders, harvesters, forwarders, and loaders designed for tasks like cutting, delimbing, debarking, and transporting logs. The market is driven by increasing demand for timber, wood products, and forest-related activities, alongside advancements in mechanized solutions to improve productivity and sustainability in forest operations.

Key Developments:

On August 17, 2022, Ponsse and Epec introduced the PONSSE EV1, an electric forest machine technology concept, marking a significant step toward sustainable harvesting and advanced forestry technologies.

On March 30, 2021, Japanese manufacturer Komatsu projected that its forestry machinery division would generate 140 billion yen (USD 1.27 billion) in revenue within four years, driven by strong housing demand. Komatsu plans to expand its North American offerings, including feller bunchers and forwarders.

On March 9, 2021, John Deere launched the Precision Forestry initiative, combining strength and intelligence in its machinery portfolio to enhance productivity and efficiency in forest operations through tech-driven solutions.

Research Process:

Both primary and secondary data sources have been used in the global Forestry Equipment Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

List of the Key Players in the Forestry Equipment Market:

AB Volvo, Caterpillar Inc., Deere & Company, Doosan Infracore Co. Ltd., Eco Log Sweden AB, Grema, Hitachi Construction Machinery Co., Husqvarna AB, Kesla OYJ, and Komatsu Forest.

Segment Covered in the Forestry Equipment Market:

By Equipment: Felling Equipment, Extracting Equipment, On-Site Processing Equipment, Others

By Distribution Channel: Supermarket/Hypermarket, Hardware Stores, E-Commerce, Others

By Automation: Fully-Automatic, Semi-Automatic, Manual

Regional Analysis:

The global Forestry Equipment Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Forestry Equipment Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Forestry Equipment Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Forestry Equipment manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Forestry Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

Q1) How Big is the Forestry Equipment Market?

A) The Global Forestry Equipment Market reached USD 9.5 billion in 2022 and is expected to reach USD 13.1 billion by 2031, growing with a CAGR of 4.2% during the forecast period 2024-2031

Q2) Who are the key players of Forestry Equipment Market?

A) Leading players include AB Volvo, Caterpillar Inc., Deere & Company, Doosan Infracore Co. Ltd., Eco Log Sweden AB, Grema, Hitachi Construction Machinery Co., Husqvarna AB, Kesla OYJ, and Komatsu Forest.

Q3) What are the regions covered in this report?

A) The global Forestry Equipment Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa

4) What are the Segments Coverd in this report?

A) The Forestry Equipment market is segmented as Equipment, Distribution Channel, Automation and Region

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