Global Forest Logging Equipment Market size is expected to reach US$ XX Mn. by 2026 from US$ XX Mn. in 2019, at a CAGR of 4.8% during the forecast period.
The report covers the detailed analysis of the global forest logging equipment industry with the classifications of the market on the basis of type, equipment type, logging type, distributors, and region. Analysis of past market dynamics from 2016 to 2019 is given in the report, which will help readers to benchmark the past trends with current market scenarios with the key players contribution in it.
The report has profiled major key players in the market from different regions. However, the report has considered all market leaders, followers, and new entrants with investors while analyzing the market and estimating the size of the same. The manufacturing environment in each region is different and focus is given on the regional impact on the cost of manufacturing, supply chain, availability of raw materials, labor cost, availability of advanced technology, trusted vendors are analyzed and the report has come up with recommendations for a future hot spot in North America region. Major country’s policies about manufacturing and its impact on market demand are covered in the report.
Global Forest Logging Equipment Market Dynamics
Increasing use of papers and deforestation to drive the market
The government of various countries banned the use of plastic as it is non-bio-degradable, it can’t be recycled or burnt. It emits some radiation and causes pollution, which is harmful to the environment. This step of government and increasing awareness about environment led to use the paper bags or packaging materials in various industries such as food beverages. Increasing demand for papers is expected to give a massive boost to the market. Further, the demand for land has been continuously increasing with the increasing population and increasing demand for wood for construction and commercial use, which led many countries towards deforestation, which is expected to drive the market across the globe. The forest consists of 30% of total land across the globe. The growing trend for wooden buildings due to the green building concepts, which reduces CO2 emissions and can be constructed rapidly compared to concrete buildings at low waste. As result, these factors are expected to boost the forest logging equipment market across the globe during the forecast period.
Increasing awareness and strict regulations to restrain the market
Government and several legal authorities across the globe have imposed partial or total bans on forest logging due to increasing greenhouse emissions and climate change. Deforestation and the destruction of forest habitat is the leading cause of extinction on the planet. Forest loss contributes about 15-20% of all annual greenhouse gas emissions. The loss of trees and other vegetation can cause climate change, desertification, soil erosion, fewer crops, flooding, etc. As result, the increasing awareness about forest conservation and strict regulations of legal bodies or government is expected to restrain the market.
Global Forest Logging Equipment Market Segment Analysis
Global Forest Logging Equipment Market
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Felling equipment is expected to hold the largest market share of XX% by 2026. The segment includes equipment such as chain saw, harvester, and feller buncher. The demand for feller buncher has been continuously increasing in forest logging due to the safety and higher production compared to chain saw. The feller buncher is a motorized vehicle, which can cut and gather several trees before felling them. The feller buncher is a type of harvester, which consists cutting head that can hold more than one tree at a single time. It is not only used for cutting but also for holding and placing the stems on the ground. However, a chain saw is commonly used equipment for felling and delimbing trees. The chain comes with different pitches, cutter teeth, range of power size, and bar lengths. Increasing harvesting activities due to the high demand for logs for various uses is expected to create many lucrative opportunities for felling equipment.
Global Forest Logging Equipment Regional Insights
Global Forest Logging Equipment Market 1
North America is expected to witness highest growth during forecast period
North America is expected to witness the highest growth at CAGR of XX% during the forecast period due to the increasing demand for highly reliable heavy-duty machinery for forest logging. The methods and machines used in logging have dramatically changed the way of forest logging, with some of the most rapid developments taking place in the last 100 years. The availability of equipment on rental and increasing investment in infrastructural development is expected to boost the market. However, the major players such as John Deere, Caterpillar, Tigercat etc. are based in the US and Canada, which is expected to create many lucrative opportunities during the forecast period.
The Asia Pacific is expected to witness the fastest growth during the forecast period due to increasing demand for woods in various sectors like construction, pulp and paper, and furniture sector. For instance, China’s primary wood-processing industry and wood-consuming sectors have experienced rapid growth. The limited amount of domestic resources and strong domestic demand for timber products in industries such as construction, furniture and panel have caused the volume of China’s imports of forest products to increase. The government is increasing investment in infrastructural developments and formulating plans to boost the forestry industries in countries like India and China, which is expected to boost the market in the region.
The objective of the report is to present a comprehensive analysis of the global forest logging equipment market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants.
PORTER, SWOT, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding global forest logging equipment market dynamic, structure by analyzing the market segments and project global forest logging equipment market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global forest logging equipment market make the report investor’s guide.
Global Forest Logging Equipment Market Scope: Inquire before buying
Global Forest Logging Equipment Market 2
Global Forest Logging Equipment Market, by Region:
- North America
- South America
- Middle East Africa
Global Forest Logging Equipment Market Key Players
- John Deere
- Associated Oregon Loggers, Inc.
- Blount International Incorporated
- CLAAS KGaA mbH
- CNH Industrial NV
- Concern Tractor Plants
- Deere Company
- Doosan Infracore Company Limited
- High Technology Investments BV
- Hitachi Limited
- Husqvarna AB
- Hyundai Heavy Industries Company Limited.
- SDF S.p.A.
- Volvo Group
- MacDon Industries
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