Press Release

Forestry Equipment Market In Depth Analysis By Total Revenue And Industry Growth Rate Forecast Till 2026

Forestry Equipment Market Size, Share and Global Trend By Equipment Type(Felling Equipment, Extracting Equipment, On-Site Processing Equipment, and others), and Geography Forecast till 2026

The global forestry equipment market is likely to expand at a steady pace in the coming years due to the growth in production of industrial round wood. According to a report published by Fortune Business Insights, titled “Forestry Equipment” Market: Global Market Analysis, Insights And Forecast, 2020-2026,” the market was valued at USD 9,559.4 Mn in 2018. Fortune Business Insights has predicted that the market will reach USD 13,109.9 Mn by the end of 2026, thereby exhibiting a CAGR of 4.09%.

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Top Players

  • AB Volvo
  • Caterpillar Inc.
  • Komatsu Ltd
  • Doosan Infracore Co. Ltd
  • Hitachi Construction Machinery Co. Ltd
  • C. Bamford Excavators Limited
  • Deere & Company.
  • CNH Industrial N.V
  • Hyundai Heavy Industries Co. Ltd
  • Bell Equipment
  • Sumitomo Heavy Industries.

Market Landscape and Market Scenario Includes:

  • Current market size estimate
  • Revenues by players Top Companies
  • Market size by product categories
  • Market size by regions/country

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The growing focus on forest management has created a huge demand for forestry equipment. There has been a growing awareness of forest preservation and management. The increasing focus on forest management has led to the demand for forestry equipment. The demand for forestry equipment has led to innovations in related products. The forestry industry is taking several efforts to enable high quality of the yield, along with an increase in quantity. These efforts have contributed to an increase in demand for forestry equipment. Fortune Business Insights has predicted that the aforementioned factors will aid the growth of the global forestry equipment market in the coming years.

Product Launches to Boost the Market

The advent of newer equipment and integration of innovative concepts has contributed to the growth of the global forestry equipment market. Technologically sound equipment will create a huge demand from end-users around the world. Prevailing companies have been actively participating in their own ways, some of which are catapulting newer products, while others are involved in deals and agreements with market counterparts. Altogether these factors will bode well for the overall market and increasing product launches will favor the growth of the global forestry equipment market in the forthcoming years.

Important Features that are under Offering and Key Highlights of the Market Report:

  • Detailed overview of Market Share
  • Changing market dynamics of the industry
  • In-depth market segmentation by Type, Application, etc.
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising market growth

INDUSTRY DEVELOPMENT:

  • February, 2020: Komatsu acquired TimbrePro Inc.which is a Wisconsin-based manufacturer of purpose-built forest machines and attachments, offering tracked feller bunchers and harvesters, forwarders, wheeled harvesters, and felling heads.
  • April 2020: Tata International signed an agreement with John Deere. According to the agreement, Tata International will be the authorised distributor for John Deere construction and forestry products in Ghana, Nigeria, Benin and Togo

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/forestry-equipment-market-100560

Segmentation

1. By Equipment Type

  • Felling Equipment
  • Extracting Equipment
  • On-Site Processing Equipment
  • Cutting & Loading Equipment
  • Other Forestry Equipment

2. By Region

  • North America (The U.S. and Canada)
  • Europe (UK, Germany, France, Italy, Spain, and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
  • Latin America (Brazil, Mexico and Rest of Latin America)

Caterpillar Announces New Forestry Equipment with Innovative Technology

The global forestry equipment market is blessed with product innovations by renowned companies. Increasing merger and acquisitions, in addition to frequent product launches, are adding to the demand for forestry equipment, globally. Recently, Caterpillar announced the launch of two forest machines to its product portfolio. Caterpillar’s latest equipment are designed to perform forestry tasks ranging from road building and site activities such as log processing. Caterpillar’s CAT 548 and 548 LL are designed with high horsepower and increased lift capacity. The improvements in equipment have created a huge demand for Caterpillar’s newest product. Fortune Business Insights predicts that such product launches will favor the growth of the global forestry equipment market in the coming years.

Queries Addressed In Market Report:

  • What opportunities are present for the market players to enhance their business footprint?
  • What manufacturing techniques are being implemented in the development of advanced Construction Equipment?
  • Which segment is witnessing huge traction from the consumers?
  • For what purposes, is the market being utilized?
  • How many units are estimated to be sold in 2020?

Fortune Business Insights has profiled some of the leading companies that have had contributed to the growth of the global forestry equipment market. The report stresses on several factors that have influenced market activities. The report includes factors that have accounted for growth of the overall market along with some factors that have restrained the market growth. Fortune Business Insights has included the segmentation of the global forestry equipment market based on product types and regional demographics.

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Key Features of Market Research Report:

  • This report provides detail analysis of the Forestry Equipment market and have a comprehensive understanding of the market and its commercial landscape.
  • Learn about the various Forestry Equipment market strategies that are being adopted by leading companies.
  • It provides a five-year forecast assessed based on how the market is predicted to grow.
  • It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
  • To understand the future scope and outlooks for the market.
  • Forestry Equipment Market Forecast by regions, type and application, with sales and revenue, from 2020 to 2026.
  • Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
  • Market Size (sales, revenue) forecast by regions and countries from 2020 to 2023 of industry.
  • The global Forestry Equipment market Growth is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2023. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
  • Forestry Equipment Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
  • Forestry Equipment Market Report also mentions market share accrued by each product in the market, along with the production growth.

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Table of Content

5. Global Forestry Equipment Market Analysis, Insights and Forecast, 2015-2026

5.1. Key Findings / Summary

5.2. Market Sizing Estimations and Forecasts – By Equipment Type (USD Mn)

5.2.1. Felling Equipment

5.2.2. Extracting Equipment

5.2.3. On-Site Processing Equipment

5.2.4. Cutting & Loading Equipment

5.2.5. Other Equipment

5.3. Market Analysis, Insights and Forecast – By Geography (USD Mn)

5.3.1. North America

5.3.2. Europe

5.3.3. Asia Pacific

5.3.4. Middle East and Africa

5.3.5. Latin America

6. North America Forestry Equipment Market Analysis, Insights and Forecast, 2015-2026

6.1. Key Findings / Summary

6.2. Market Sizing Estimations and Forecasts – By Equipment Type (USD Mn)

6.2.1. Felling Equipment

6.2.2. Extracting Equipment

6.2.3. On-Site Processing Equipment

6.2.4. Cutting & Loading Equipment

6.2.5. Other Equipment

6.3. Market Analysis, Insights and Forecast – By Country (USD Mn)

6.3.1. United States

6.3.2. Canada

6.3.3. Rest of North America

7. Europe Forestry Equipment Market Analysis, Insights and Forecast, 2015-2026

7.1. Key Findings / Summary

TOC Continued…!

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