Middle East and Africa Forestry Equipment Market, By Type (Felling Equipment, Extracting Equipment, On-Site Processing Equipment, Cutting and Loading Equipment and Other Equipment), Product (Delimbers, Feller Bunchers, Stump Grinders, Mulchers, Yarders, Forwarders, Log Loaders, Harvesters, Skidders, Timber Transport Trucks, Chippers for Energy-Wood and Others), Power Source (Petrol, Battery, Electric Corded, Cordless and Others), Material (Metal, Plastic, Wood, Recycled Plastics, Synthetic Resin and Others), Forest Type (Natural, Man-Made, Tree Plantations), System Type (Full-Tree Systems, Short Wood Systems and Tree-Length Systems), Technique (Tree Felling, Topping and Debranching, Debarking, Extraction, Log Making/Cross-Cutting, Scaling, Sorting and Piling, Loading and Others), Distribution Channel (Third Party Distributors, B2B/Direct Sales, E-Commerce, Brand Websites, Specialty Stores and Others), Country (South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Africa and Rest of Middle East) Industry Trends and Forecast to 2028
Forestry equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 3.5% in the forecast period of 2021 to 2028 and is expected to reach USD 611.58 million by 2028. Increasing requirement of wood products for use in furniture is increasing the growth of the market.
Forestry equipment are used for logging, the equipment aid in cutting, processing, loading and transportation of logs to desired locations such as mil for further processing as the woods are extremely tall and heavy and require heavy machinery to cut and lift them. Traditionally, the work was done manually but involved several injuries at the site and the project used to take much longer. Logging is the beginning process for providing wood as a raw material to be used in many applications such as housing, energy, construction and consumer paper products. Logging systems are also used for managing forests, reducing the risk of wildfires and restoring ecosystem functions.
The high production of round wood requires forestry equipment for the purpose of cutting, processing, lifting and loading, thus increasing the growth of the forestry equipment market. The high cost put in the harvesting is increased majorly because of the initial cost put in for buying the machinery. These machineries are heavy duty vehicles and require high maintenance cost. The increased cost to the overall production is thus limiting the growth of the forestry equipment market. Over the years, technical developments in forest equipment have led to improved productivity in forestry facilities. This has helped in increasing the productivity and reducing the cost which is acting as a major window of opportunity for the growth of the forestry equipment market. The increase in cost due to hydraulic system leakage is highly challenging for the companies and thus acts as major challenge for the growth of the forestry equipment market.
This forestry equipment market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
The forestry equipment market is segmented on the basis of type, product, power source, material, forest type, system type, technique and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- 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. In 2021, felling equipment segment is dominating as this is basically utilized for tree cutting such as timber, pine trees and is even stated to be the first process of cutting the trees.
- 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. In 2021, harvesters segment holds the largest market share in product segment as it is cost effective solution for harvesting trees directly.
- On the basis of power source, the forestry equipment market is segmented into petrol, electric corded, battery, cordless and others. In 2021, petrol segment has been accounted for the highest market share in power source segment as the engines of equipment is powered by petrol for producing more power for work to be done on the field.
- On the basis of material, the forestry equipment market is segmented into metal, wood, plastic, recycled plastics, synthetic resin and others. In 2021, metal segment is dominating in material segment as this equipment is made of metal to provide high strength and durability for work.
- On the basis of forest type, the forestry equipment market is segmented into man-made, tree plantations and natural. In 2021, man-made segment dominates the forest type segment as man-made timber plantations are grown for business where forest equipment is used.
- On the basis of system type, the forestry equipment market is segmented into full-tree systems, short wood systems and tree-length systems. In 2021, full-tree systems segment is the dominating segment in the system type segment as it the most adopted systems for cutting of trees.
- 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. In 2021, debarking segment is the dominating segment in technique type segment as this is the initial and necessary technique for tree cutting.
- 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. In 2021, B2B/direct sales segment is the dominating segment in the distribution channel segment as it has maximum reach to the customers.
Middle East and Africa Forestry Equipment Market Country Level Analysis
Forestry equipment market is analysed and market size information is provided by the country, type, product, power source, material, forest type, system type, technique and distribution channel as referenced above.
The countries covered in the forestry equipment market report are South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of Africa and Rest of Middle East.
South Africa is dominating in the Middle East and Africa forestry equipment market as the region has high presence of forest area that requires forestry equipment for faster processing.
The country section of the Middle East and Africa forestry equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Forestry Equipment
Middle East and Africa forestry equipment market also provides you with detailed market analysis for every country growth in installed base of different kind of products for Middle East and Africa forestry equipment market, impact of technology using life line curves and changes regulatory scenarios and their impact on the Forestry Equipment market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Forestry Equipment Market Share Analysis
Middle East and Africa forestry equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Middle East and Africa forestry equipment market.
The major players covered in the Middle East and Africa forestry equipment market report are INDUSTRIAS GUERRA, SA, CRANAB AB, Southstar Equipment, Rotobec, JSC AMKODOR, holding managing company, Waratah (a subsidiary of Deere & Company), SP Maskiner and Log Max AB among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
- In February 2020, CRANAB AB announced the launch of CT35, CT40 and CT50, as new grapple series for trucks. The new grapples now offer lightweight and compact design and can easily fit into any type of cranes. The new series of grapple increased the product offering of the company.
- In October 2018, SP Maskiner announced the launch of SP 661 E and SP 761 E, as its two new harvester head models. The new models were launched at the Expoforest exhibition in Brazil. The new products were designed to debark and harvesting of plantation-grown eucalyptus. The new products increased the product portfolio of the company.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. it also provides the benefit for organisation to improve their offering for forestry equipment through expanded range of size.
Customization Available: Middle East and Africa Forestry Equipment Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.