Global Forestry Equipment Market is forecasted to grow at 5.3% with factor such as increasing growth of forest management activities.
Forestry equipment market has shown an exceptional penetration in countries such as China, U.S. and Germany. High cost of labor is boosting the growth in developed countries. In developing countries, the need to increase productivity and efficiency in logging process is creating opportunity for the global forestry equipment market.
Forestry equipment Market Scenario
According to Data Bridge Market Research, the market for forestry equipment in Europe region has the highest market share followed by North America and Asia-Pacific. Market leader is Komatsu Forest (a subsidiary of Komatsu Ltd.) which accounts an estimated market share of approximately 7% to 13% in the Europe region. The company has gained outstanding sales through their forestry equipment products which include Wheeled Harvesters, Forwarders, Harvester Heads, Tracked Feller Bunchers, Felling Heads and Forestry Excavators. For instance,
- In September 2019, komatsu forest announced the launch of S162E, as a new harvester head. The new harvester head is specially design for the harvesting of eucalyptus and is equipped with more robust frame.
Now the question is which other regions Komatsu Forest (a subsidiary of Komatsu Ltd.), CRANAB AB and HSM Hohenloher Spezial-Maschinenbau GmbH & Co. KG are targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific forestry equipment market and the market leaders targeting China, Japan and South Korea to be their next revenue pockets for 2021.
Forestry equipment market is becoming more competitive every year with companies such Komatsu Forest (a subsidiary of Komatsu Ltd.), CRANAB AB and HSM Hohenloher Spezial-Maschinenbau GmbH & Co. KG as they are the market leaders for forestry equipment market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the forestry equipment market.
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Forestry Equipment Market Development
- In February 2020, CRANAB AB announced the launch of CT35, CT40 and CT50, as new grapple series for trucks. The new grapples now offer light weight and compact design and can easily fit into any type of cranes. The new series of grapple increased the product offering of the company.
Scope of the Forestry Equipment Market
Global forestry equipment market is segmented on the basis of countries into the U.S., Canada and Mexico, U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey and Rest of Europe, China, Japan, Australia and New Zealand, India, South Korea, Indonesia, Singapore, Thailand, Malaysia, Taiwan, Philippines, Hong Kong and Rest of Asia-Pacific, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Africa and Rest of Middle East, Brazil, Argentina, Uruguay, Chile and Rest of South America.
- All country based analysis of forestry equipment market is further analyzed based on further segmentation. On the basis of type, the forestry equipment market is segmented into felling equipment, extracting equipment, on-site processing equipment, cutting and loading equipment and other equipment. On the basis of product, the forestry equipment market is segmented into delimbers, feller bunchers, stump grinders, mulchers, yarders, forwarders, log loaders, harvesters, skidders, timber transport trucks, chippers for energy-wood and others. On the basis of power source, the forestry equipment market is segmented into petrol, electric corded, battery, cordless and others. On the basis of material, the forestry equipment market is segmented into metal, wood, plastic, recycled plastics, synthetic resin and others. On the basis of forest type, the forestry equipment market is segmented into man-made, tree plantations and natural. On the basis of system type, the forestry equipment market is segmented into full-tree systems, short wood systems and tree-length systems. On the basis of technique, the forestry equipment market is segmented into tree felling, topping and debranching, debarking, extraction, log making/cross-cutting, scaling, sorting and piling, loading and others. On the basis of distribution channel, the forestry equipment is segmented into B2B/direct sales, third party distributors, specialty stores, brand websites, e-commerce and others.
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Key Pointers Covered in Forestry Equipment Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Konrad Forsttechnik GmbH
- Penz crane GmbH
- INDUSTRIAS GUERRA, SA
- PIŠEK - Vitli KRPAN d. o. o.
- Palmse Mehaanikakoda
- BMF (OÜ Lisako)
- CRANAB AB
- FTG Cranes AB
- Komatsu Forest (a subsidiary of Komatsu Ltd.)
- HSM Hohenloher Spezial-Maschinenbau GmbH & Co. KG
- Quadco Inc.
- Southstar Equipment
- JSC AMKODOR, holding managing company
- Waratah (a subsidiary of Deere & Company)
- SP Maskiner
- Log Max AB
Above are the key players covered in the report, to know about more and exhaustive list of forestry equipment companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-forestry-equipment-market
Research Methodology: Global Forestry Equipment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
- Demand Side: Product Managers, Financial Institutions, Forestry Equipment Consultants
- Supply Side: Service Providers, Product Managers, Product Designer, Marketing Managers, C-Level Executives, Market Intelligence, and Regulatory Affairs Managers among others
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