Urja Daily
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe
No Result
View All Result
Urja Daily
No Result
View All Result
Home News

Forestry Equipment Market Size Worth $13.0 Billion By 2027 | CAGR 4.0%: Grand View Research

Urja Daily by Urja Daily
December 9, 2020
in News
Reading Time: 3 mins read
0
Forestry Equipment Market Size Worth $13.0 Billion By 2027 | CAGR 4.0%: Grand View Research
Share on FacebookShare on TwitterShare on Linkedin

The global forestry equipment market size is expected to reach USD 13.0 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.0% over the forecast period. Increasing demand for wood and wood products coupled with the alteration to mechanized processes for felling trees is expected to drive the demand for forestry equipment.

Key suggestions from the report:

RELATED POSTS

Zypp Electric Marks 8 Years with Campaign Promoting Sustainability and Road Safety

Delta Electronics India Begins Krishnagiri Plant Expansion with Tamil Nadu CM Thiru M.K.

  • North America accounted for 37.1% of the global market share in 2019 due to high production of Roundwood coupled with a surge in adoption of cut-to-length logging methods that majorly require harvesters and forwarders
  • The demand for felling equipment is estimated to witness a significant growth rate over the forecast period owing to increasing demand for feller bunchers and harvesters across several economies, such as China, India, and Brazil
  • Germany led the Europe market in 2019 owing to increased adoption of on-site processing equipment, such as delimbers and chippers
  • Forwarder held the largest share of 63.2% of the overall extracting equipment market revenue in 2019 on account of the ability of the equipment in accumulating large payloads, thereby making the cost of forwarding less sensitive to the extracting distance
  • The market is highly fragmented and moderately concentrated, with the major players dominating the market

Read 100 page research report with ToC on “Forestry Equipment Market Size, Share & Trends Analysis Report By Product (Extracting, Felling, On-site Processing), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2020 – 2027” at: https://www.grandviewresearch.com/industry-analysis/forestry-equipment-market

The increasing focus of the forestry industry on enhancing the yield quality and quantity will also drive the market. Furthermore, the rising adoption of silviculture by the foresters, forest owners, and government authorities aids in promoting forestry management plans for the long-term social, economic, and environmental needs of the end-users.

Growing demand for food on account of the rapidly increasing population has generated a need for converting forest lands into cultivable lands. This, in turn, is likely to bolster the demand for mechanized techniques of cutting forest trees, thereby augmenting the market growth over the forecast period.

Surging demand for superior-quality pine and other furniture with specific types of wood is projected as a major driver for lumber in Europe & North America. Furthermore, increasing demand for hardwood floors, wooden pillars, and slabs in the construction industry is expected to significantly uphold the demand for forestry equipment in the aforementioned regions.

Grand View Research has segmented the global forestry equipment market on the basis of product and region:

  • Forestry Equipment Product Outlook (Revenue, USD Million, 2016 – 2027)
    • Felling Equipment
      • Chainsaw
      • Harvester
      • Feller Buncher
    • Extracting Equipment
      • Forwarder
      • Skidder
    • On-Site Processing Equipment
      • Chipper
      • Delimber
    • Other Forestry Equipment
      • Loader
      • Mulcher
  • Forestry Equipment Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • The U.K.
      • France
      • Italy
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
    • Central & South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • South Africa
      • Saudi Arabia

List of Key Players of Forestry Equipment Market

  • Hitachi Construction Machinery Co. Ltd.
  • Deere Construction & Forestry
  • Epiroc AB
  • Komatsu Ltd.
  • Sandvik AB
  • LiebherrInternational AG
  • Volvo Construction Equipment

Tags: $13.0 Billion By 2027Forestry Equipment MarketGrand View Research
ShareTweetShare
Urja Daily

Urja Daily

Related Posts

Zypp Electric

Zypp Electric Marks 8 Years with Campaign Promoting Sustainability and Road Safety

by Palak
September 13, 2025
0

New Delhi – Zypp Electric viral campaign ‘Green Hai Toh Zypp Hai’. The initiative not only celebrated Zypp’s journey but also created...

Delta Electronics

Delta Electronics India Begins Krishnagiri Plant Expansion with Tamil Nadu CM Thiru M.K.

by Palak
September 13, 2025
0

KRISHNAGIRI, TAMIL NADU – Delta Electronics India a groundbreaking ceremony for the expansion of its manufacturing site in Krishnagiri, Tamil...

Sustain Labs Paris

SLP’s Carbon Capture Firm Targets Indian Decarbonization Market

by Palak
September 13, 2025
0

Mumbai, 12th September 2025: Carbon Capture Company (CCC), the UAE’s first dedicated carbon capture and storage (CCS) project development platform, is...

Servotech Power Systems

Servotech Subsidiary to Acquire Hertz & Pixelz Under New Agreement

by Palak
September 11, 2025
0

New Delhi : Servotech Renewable Power System Ltd. with a broader vision to diversify and strengthen its business portfolio, our...

Recyclable

Recyclable Resins Driving Sustainable Composites for a Greener Energy Future

by Palak
September 11, 2025
0

IDTechEx explores the growth of sustainable composites for green energy applicationsComposite materials have long been celebrated for their unique blend...

Next Post
Hydro-Québec launches EVLO, a subsidiary specializing in energy storage systems

Hydro-Québec launches EVLO, a subsidiary specializing in energy storage systems

Georgia Power presents 5th Annual A Citizen Wherever We Serve Community Impact Award

Georgia Power presents 5th Annual A Citizen Wherever We Serve Community Impact Award

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Energy Management System

Can the Energy Management System (EMS) Market Overcome Challenges to Unlock Growth Opportunities?

September 15, 2025
S&P Global

S&P Global to Host World Hydrogen Leaders Conference in India

September 15, 2025

MOST VIEWED

  • Hydrom

    Hydrom and Thyssenkrupp Nucera Partner for Green Hydrogen Projects in Oman

    0 shares
    Share 0 Tweet 0
  • SFC India Selected Dassault Systèmes for Indigenization and Digital Transformation of Wastewater Treatment Plants

    0 shares
    Share 0 Tweet 0
  • Juniper Green Energy Secures 1 GW Solar Module Deal with First Solar

    0 shares
    Share 0 Tweet 0
  • PGCIL Wins ISTS Project for Renewable Energy Integration in Karnataka

    0 shares
    Share 0 Tweet 0

Can the Energy Management System (EMS) Market Overcome Challenges to Unlock Growth Opportunities?

S&P Global to Host World Hydrogen Leaders Conference in India

Servotech Renewable Inks Pact with Enovra Energy Solutions Ltd. to Expand Solar and EV Charger Business in Mauritius

Vikram Solar to Supply 200 MW of High-Efficiency Modules to AB Energia

Zypp Electric Marks 8 Years with Campaign Promoting Sustainability and Road Safety

Delta Electronics India Begins Krishnagiri Plant Expansion with Tamil Nadu CM Thiru M.K.

Latest Magazine

© 2016 – 2025 TechZone Print Media | All Rights Reserved

  • About Us
  • Contact Us
No Result
View All Result
  • News
  • Renewable
    • Solar
    • Rooftop
    • Floating Solar
    • Module
    • Wind
    • Hydrogen
    • Biomass
    • Tenders
    • Sustainibility
  • Storage
  • E-Mobility
  • EV Battery
  • Smart City
  • Power
    • Smart Grid
    • Microgrid
    • Off-Grid
  • Editor’s Pick
    • Articles
    • In Talks
    • E-MAG
    • Market Research
  • On-demand Webinars
  • More
    • Events
    • Contact Us
    • Subscribe

© 2016 - 2025 TechZone Print Media | All Rights Reserved