South Korea Forestry Equipment Market to 2032
Overview
The South Korea Forestry Equipment Market is expected to reach a 246.22 USD Million by 2032 and is projected to grow at a CAGR of 7.50% from 2025 to 2032.
Revenue, 2024 (USD Million)
161.60
Forecast, 2032 (USD Million)
246.22
CAGR, 2024 - 2032
7.50%
Report Coverage
South Korea
South Korea Forestry Equipment Market 2018-2032 USD Million
South Korea Forestry Equipment Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 161.60 USD Million
- Projected Market Size (2032): 246.22 USD Million
- CAGR (2025-2032): 7.50%
Key Findings of South Korea Forestry Equipment Market
- The South Korea Forestry Equipment Market was valued at 161.60 USD Million in 2024.
- The South Korea Forestry Equipment Market is likely to grow at a CAGR of 7.50% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Metal in Material Segment accounted for the largest share of the market with a revenue of 115.68 USD Million
- The fastest growing segment Harvesters in Product Segment grew Fastest with a CAGR of 9.51% during the forecast period from 2024 to 2032.
South Korea Forestry Equipment Market Scope
South Korea Forestry Equipment Market Segmentation & Scope
Distribution Channel
- Others
- E-Commerce
- Brand Websites
- Third Party Distributors
- Speciality Stores
- B2B/Direct Sales
Technique
- Others
- Loading
- Sorting, Piling and Temporary storage
- Scaling
- Log Making/Cross--Cutting
- Extraction
- Tree Felling
- Topping and Debranching
- Debarking
Type
- Other Equipment
- On-Site Processing Equipment
- Cutting and Loading Equipment
- Felling Equipment
- Extracting Equipment
Product
- Others
- Chippers for Energy-Wood
- Timber Transport Trucks
- Stump Grinders
- Yarders
- Delimbers
- Log Loaders
- Forwarders
- Skidders
- Mulchers
- Feller Bunchers
- Harvesters
Material
- Others
- Synthetic Resin
- Recycled Plastics
- Plastic
- Wood
- Metal
Power Source
- Electric Corded
- Others
- Cordless
- Battery
- Petrol
System Type
- Tree-Length Systems
- Short Wood Systems
- Full-Tree Systems
Forest Type
- Natural
- Tree Plantations
- Man-Made
South Korea Forestry Equipment Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 161.60 USD Million |
| Market Value in 2032 | 246.22 USD Million |
| CAGR (2025-2032) | 7.50% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Technique,Type,Product,Material,Power Source,System Type,Forest Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 161.60 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 161.60 USD Million in 2024.
Segments and Scope
-
South Korea Forestry Equipment Market to 2032, By Distribution Channel
- B2B/Direct Sales is the largest segment in South Korea Forestry Equipment Market to 2032 with a revenue of 89.15 USD Million in the year 2024.
- B2B/Direct Sales is the Fastest growing segment in South Korea Forestry Equipment Market to 2032 with a Growth rate of 8.04 % in forecast period 2025-2032.
-
South Korea Forestry Equipment Market to 2032, By Technique
- Debarking is the largest segment in South Korea Forestry Equipment Market to 2032 with a revenue of 62.77 USD Million in the year 2024.
- Debarking is the Fastest growing segment in South Korea Forestry Equipment Market to 2032 with a Growth rate of 8.65 % in forecast period 2025-2032.
-
South Korea Forestry Equipment Market to 2032, By Type
- Felling Equipment is the largest segment in South Korea Forestry Equipment Market to 2032 with a revenue of 52.38 USD Million in the year 2024.
- Cutting and Loading Equipment is the Fastest growing segment in South Korea Forestry Equipment Market to 2032 with a Growth rate of 8.32 % in forecast period 2025-2032.
-
South Korea Forestry Equipment Market to 2032, By Product
- Harvesters is the largest segment in South Korea Forestry Equipment Market to 2032 with a revenue of 58.30 USD Million in the year 2024.
- Harvesters is the Fastest growing segment in South Korea Forestry Equipment Market to 2032 with a Growth rate of 9.51 % in forecast period 2025-2032.
-
South Korea Forestry Equipment Market to 2032, By Material
- Metal is the largest segment in South Korea Forestry Equipment Market to 2032 with a revenue of 115.68 USD Million in the year 2024.
- Metal is the Fastest growing segment in South Korea Forestry Equipment Market to 2032 with a Growth rate of 7.81 % in forecast period 2025-2032.
-
South Korea Forestry Equipment Market to 2032, By Power Source
- Petrol is the largest segment in South Korea Forestry Equipment Market to 2032 with a revenue of 85.57 USD Million in the year 2024.
- Battery is the Fastest growing segment in South Korea Forestry Equipment Market to 2032 with a Growth rate of 7.68 % in forecast period 2025-2032.
-
South Korea Forestry Equipment Market to 2032, By System Type
- Full-Tree Systems is the largest segment in South Korea Forestry Equipment Market to 2032 with a revenue of 77.07 USD Million in the year 2024.
- Short Wood Systems is the Fastest growing segment in South Korea Forestry Equipment Market to 2032 with a Growth rate of 7.58 % in forecast period 2025-2032.
-
South Korea Forestry Equipment Market to 2032, By Forest Type
- Man-Made is the largest segment in South Korea Forestry Equipment Market to 2032 with a revenue of 77.39 USD Million in the year 2024.
- Man-Made is the Fastest growing segment in South Korea Forestry Equipment Market to 2032 with a Growth rate of 8.07 % in forecast period 2025-2032.
South Korea Forestry Equipment Market Company Share Analysis
| Company Name |
|
||
| Komatsu Forest | |||
| Quadco Inc. | |||
| CRANAB AB | |||
| Rotobec | |||
| INDUSTRIAS GUERRA, S.A. | |||
South Korea Forestry Equipment Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Forestry Equipment Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Forestry Equipment Market is segmented based on Segmentation Distribution Channel,Technique,Type,Product,Material,Power Source,System Type,Forest Type.
South Korea Forestry Equipment Market was valued at USD 161.60(Revenue in USD Million) in 2020.
South Korea Forestry Equipment Market is projected to grow at a CAGR of 7.50% during the forecast period of 2024 to 2032.
The Metal segment is expected to dominate the South Korea Forestry Equipment Market, holding a largest market share of 115.68 USD Million in 2024
South Korea Forestry Equipment Market Scope
South Korea Forestry Equipment Market Segmentation & Scope
Distribution Channel
- Others
- E-Commerce
- Brand Websites
- Third Party Distributors
- Speciality Stores
- B2B/Direct Sales
Technique
- Others
- Loading
- Sorting, Piling and Temporary storage
- Scaling
- Log Making/Cross--Cutting
- Extraction
- Tree Felling
- Topping and Debranching
- Debarking
Type
- Other Equipment
- On-Site Processing Equipment
- Cutting and Loading Equipment
- Felling Equipment
- Extracting Equipment
Product
- Others
- Chippers for Energy-Wood
- Timber Transport Trucks
- Stump Grinders
- Yarders
- Delimbers
- Log Loaders
- Forwarders
- Skidders
- Mulchers
- Feller Bunchers
- Harvesters
Material
- Others
- Synthetic Resin
- Recycled Plastics
- Plastic
- Wood
- Metal
Power Source
- Electric Corded
- Others
- Cordless
- Battery
- Petrol
System Type
- Tree-Length Systems
- Short Wood Systems
- Full-Tree Systems
Forest Type
- Natural
- Tree Plantations
- Man-Made
Frequently Asked Questions
The South Korea Forestry Equipment Market is segmented based on Segmentation Distribution Channel,Technique,Type,Product,Material,Power Source,System Type,Forest Type.
South Korea Forestry Equipment Market was valued at USD 161.60(Revenue in USD Million) in 2020.
South Korea Forestry Equipment Market is projected to grow at a CAGR of 7.50% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Forestry Equipment Market for final year is USD 246.22 (USD Million).
South Korea Forestry Equipment Market Company Profiling
Frequently Asked Questions
The South Korea Forestry Equipment Market is segmented based on Segmentation Distribution Channel,Technique,Type,Product,Material,Power Source,System Type,Forest Type.
South Korea Forestry Equipment Market was valued at USD 161.60(Revenue in USD Million) in 2020.
South Korea Forestry Equipment Market is projected to grow at a CAGR of 7.50% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Forestry Equipment Market for final year is USD 246.22 (USD Million).
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