Forestry Machinery Market Insights
The forestry machinery market is anticipated to experience moderate growth during the forecast duration of 2020-2030, at a CAGR of around 5%. The forest products industry is highly integrated with housing, consumer goods, and manufacturing industry, among others. Rapid slowdown in the operations of these industries due to the COVID-19 pandemic is causing volatile demand for forestry products. This, in turn, is witnessing a marginal decline in the sales of machineries, and has had a severe impact on the expansion of the forestry machinery market size. In addition, declining investments in these sectors is foreseen to have a negative impact during the mid-term forecast.
Forestry Machinery Market Trends
The forestry machinery market is expected to gain momentum owing to increasing awareness of forest preservation and management in several developed and developing countries. Moreover, the transition of forestry operations from manual work to mechanized and automated mode of operations in forests is likely to propel the demand for forestry machinery during the forecast period. Growing demand for wood and wood products, abreast the paradigm shift to mechanized processes for the felling of forest trees, has significantly upheld the demand for forestry machinery.
Furthermore, manufacturers such as Deere & Company and Tigercat International are focusing on increasing efficiency by integrating telematics and GPS systems for the real-time tracking and monitoring of machinery in order to boost productivity. This, in turn, is expected to fuel the growth of forestry machinery market during the forecast period.
Forestry Machinery Market Insights by Machine
Among all the machine types, forwarders are expected to capture more than 1/4 of the market share in 2020. Demand for improved and fast transit of logged woods from forests to stock areas is expected to result in higher demand for forwarders as compared to other forestry machinery. Moreover, manufacturers’ efforts to improve workers’ safety, efficiency, and convenience, and the durability of forwarders, is underpinning their sales.
In addition, forwarders have the ability to accumulate large payloads, which makes the cost of forwarding economical. This is expected to be a significant segment in the forestry machinery market, which will maintain its dominance over the forecast period, as they have higher productivity and efficiency.
For more valuable information on the contribution of each machine to the global forestry machinery market value, ask an expert analyst
Regional Outlook of Forestry Machinery Market
Europe is likely to continue its dominance in terms of value with 38% of the global forestry machinery market share in 2020. It is expected to remain a leading as well as high-growth market for forestry machinery. Several initiatives by governments, such as financial support through the common agricultural policy (CAP) to rural areas, and measures taken by EU countries to fund forestry activities via national development programs, continue to underpin the sales of forestry machinery in the region.
Moreover, growth in the construction industry in the region has increased the demand for wooden slabs and pillars, which, in turn, is enhancing the demand for forestry equipment. Further, manufacturers are focusing on developing forestry machinery that reduce fuel consumption and lower the impact of machines on the soil. This, in turn, is encouraging the demand for forestry machinery, which is foreseen to bolster market growth.
For deeper understanding of the sales prospects of different forestry machinery across regional markets, ask an request sample
Forestry Machinery Market: Competition Analysis
The forestry machinery market is consolidated and highly competitive in nature, as leading players in the market account for a major portion of the share. These market players are concentrating on product launches in order to broaden their market footprints and are entering into contracts to deliver customers with high-efficiency level products. For instance, in 2020, John Deere expanded the L-Series Wheel Loader lineup with four new utility models - 444L, 644L, 644L Hybrid, and 724L. These newly introduced loaders incorporate redesigned Z-Bar loader linkage, an updated, ergonomically designed cab, electrohydraulic (EH) controls, and a more robust heating, ventilation, and air conditioning (HVAC) system.
COVID-19 Impact on Forestry Machinery Market
The effects of COVID-19 have been profound in recent times, which is thereby having a significant implication on various sectors. In recent years, the forestry sector has been suffering from climate change-induced damaging agents, which has resulted in significant investments in forest management approaches to keep forests functioning and running. Moreover, the COVID-19 crisis has further caused serious repercussions for the forest-based sector as a whole, in turn, affecting the sales of forestry machinery. The COVID-19 pandemic has resulted in a slowdown of forest management operations, coupled with decline in wood outlets and interrupted supply chains, as most of the forest products are imported and exported in the log form. These challenges will have major ramifications on the global forestry machinery market.
However, governments across the world have relaxed the restrictions of lockdowns on forestry machinery manufacturers, as they are considered as essential service. Moreover, as part of recovery in the forestry sector, governments are taking efforts to halt deforestation and increasing forest area through investments. Such measures, in the long run, are anticipated to supplement the growth of the forestry machinery market.
The Analyst’s Viewpoint
“As the COVID-19 crisis continues, players operating in the forestry machinery market are facing several challenges, such as supply chain disruptions, production stoppages, and workforce dislocation. With no near-term resolution to the COVID-19-related slowdown in sight, demand for forestry machinery will remain stagnant until the end of 2020.”
Global Forestry Machinery Market: Scope of the Report
The recent global forestry machinery market report by Fact.MR offers a 10-year forecast from 2020 to 2030. The report elaborates on key drivers, restraints, opportunities, and threats to the expansion of the global forestry machinery market. A detailed segmental analysis, based on machines, has been provided in the report.
Regional analysis in terms of supply chain analysis, business execution, and market value analysis provides an in-depth perspective about the future scope of the global forestry machinery market. In addition, a separate section on the market structure has also been provided. The section provides a detailed analysis of key market players and the strategies for expansion in the forestry machinery market.
Forestry Machinery Market - Scope of the Report
Fact.MR recently published a market study on the global forestry machinery market. The study provides detailed assessment on key market dynamics, including the drivers, trends, opportunities, restraints, and detailed information about the forestry machinery market structure. The market study presents exclusive information about how the forestry machinery market will grow during the forecast period of 2020-2030.
Key indicators of market growth, which include Year-on-Year (Y-o-Y) growth of the market, value chain, supply chain analysis, and Compounded Annual Growth Rate (CAGR) are explained in Fact.MR’s study in a comprehensive manner. This information can help readers understand the quantitative growth prospects of the forestry machinery market for the forecast period.
The study is relevant for stakeholders in the forestry machinery market, including manufacturers, suppliers, distributors, and investors, and can help them in developing appropriate strategies to grow in the market. Stakeholders in the forestry machinery market, investors, industry experts, researchers, and journalists, as well as business researchers can leverage the information and data presented in the Fact.MR study.
The study also includes statistics as well as facts related to the macro- as well as micro-economic factors that are impacting developments in the forestry machinery market. It also offers actionable insights based on the future trends in the forestry machinery market. Furthermore, small businesses and new entrants in the forestry machinery market too can make use of the information presented in this study, based on which, they can make appropriate business decisions in order to gain momentum in the market.
Key Segments of Forestry Machinery Market
South Asia & Oceania
Middle East & Africa (MEA)
Other Forestry Machinery
Fact.MR’s study on the forestry machinery market offers information divided into key segments — machine and region. This report offers comprehensive data and information about the important market dynamics and growth parameters associated with these categories.
Key Questions Answered in Fact.MR’s Forestry Machinery Market Report
- Which region will continue to remain the most profitable regional market for forestry machinery market players?
- Which factors will induce a change in the demand for forestry machinery during the assessment period?
- How will changing trends impact the forestry machinery market?
- How can market players capture the low-hanging opportunities in the forestry machinery market in developed regions?
- Which companies are leading in the forestry machinery market?
- What are the winning strategies of stakeholders in the forestry machinery market to upscale their position in this landscape?
Forestry Machinery Market: Scrutinized Assessment on Regional Segments
Weighted sections have been elaborated in the report on the forestry machinery market, which delivers projections on regional markets. These chapters brighten the regional macros (political economic and business environment outlook), which are expected to have a significant impact on the growth of the forestry machinery market during the period of forecast.
Country-specific valuation on demand for forestry machinery has been offered for each regional market, along with market scope estimates and forecasts, price index, price point assessment, and impact analysis of the dynamics of prominent regions and countries. For all regional markets, Y-o-Y growth estimates have also been incorporated in the report.
Forestry Machinery Market: In-depth Analysis on Competitive Landscape
The report ends with a section on the competition scenario of the forestry machinery market, along with the profiles of major companies contributing to market expansion. Essential and up-to-date data as well as information correlated to market performers who principally engage in the production and supply of forestry machinery has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to plan pre-emptive steps to advance their businesses.
Company profiles have been shared in the report, which exerts essentials such as product portfolio, along with an all-inclusive SWOT analysis on each player recognized, along with the company policies identification and analysis. Company presence mapped and presented through a matrix for all prominent players in the market functioning in the forestry machinery market, offering readers with actionable intellect, which helps in thoughtfully presenting the market status and making decisive predictions on the competition levels in the forestry machinery market.
Forestry Machinery Market: Research Methodology
In Fact.MR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the forestry machinery market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the preparation of the forestry machinery market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who have contributed to the development of this report as a primary resource.
1. Executive Summary
1.1. Global Market Overview
1.2. Global Forestry Machinery Market – Regional Overview
1.3. Analysis and Recommendations by Fact.MR
2. Market Overview
2.1. Market Introduction and Definition
2.2. Market Coverage / Taxonomy
3. Market Risks & Trends Assessment
3.1. COVID-19 Hotspot
3.2. Global COVID-19 Outbreak Intensity
3.3. Before Corona Outbreak Global GDP Scenario
3.4. After Corona Outbreak Global GDP Predictions and Comparison Of Financial Crisis with COVID 19
3.5. Impact of COVID-19 by Region
3.6. Impact of Coronavirus Outbreak on Forestry Machinery Market
3.7. Anticipated Demand and Value Recovery Curve
3.7.1. Likelihood of U-Shape Recovery
3.7.2. Likelihood of L-Shape Recovery
4. Market Background
4.1. Global Population Outlook
4.2. Global Economy Size and Share
4.3. Global Oil & Gas Sector Outlook
4.4. Global Construction Growth
4.5. Global Urbanization Growth
4.6. Forecast Factors - Relevance & Impact
4.7. Supply Chain Analysis
4.8. PESTLE Analysis
4.9. Porter’s Five Forces Analysis
4.10. Investment Feasibility Matrix
5. Market Dynamics
5.1.1. Market Driving Factors
5.1.2. Prominent Market Challenges
5.1.3. Forestry Machinery Market Opportunities
6. Global Forestry Machinery Market – Price Point Analysis
7. Global Forestry Machinery Market Demand Analysis 2015-2019 and Forecast, 2020-2030
7.1. Historical Market Value and Volume (Units) Analysis, 2015-2019
7.2. Current and Future Market Value and Volume (Units) Projections, 2020-2030
8. Global Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030, By Machine
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) and Volume Analysis By Machine, 2015-2019
8.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Machine, 2020-2030
8.3.3. Swing Machines
8.3.7. Other Forestry Machinery
8.4. Market Attractiveness Analysis By Machine
9. Global Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030, by Region
9.2. Historical Market Size (US$ Mn) and Volume Analysis By Region, 2015-2019
9.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Region, 2020-2030
9.3.1. North America
9.3.2. Latin America
9.3.4. East Asia
9.3.5. South Asia
9.3.7. MEA (Middle East and Africa)
9.4. Market Attractiveness Analysis By Region
10. North America Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030
10.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019
10.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
10.3.1. By Country
10.3.2. By Machine
10.4. Market Attractiveness Analysis
10.4.1. By Country
10.4.2. By Machine
11. Latin America Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030
11.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019
11.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
11.3.1. By Country
188.8.131.52. Rest of Latin America
11.3.2. By Machine
11.4. Market Attractiveness Analysis
11.4.1. By Country
11.4.2. By Machine
12. Europe Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030
12.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019
12.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
12.3.1. By Country
184.108.40.206. Rest of Europe
12.3.2. By Machine
12.4. Market Attractiveness Analysis
12.4.1. By Country
12.4.2. By Machine
13. East Asia Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030
13.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019
13.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
13.3.1. By Country
220.127.116.11. South Korea
13.3.2. By Machine
13.4. Market Attractiveness Analysis
13.4.1. By Country
13.4.2. By Machine
14. South Asia Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030
14.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019
14.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
14.3.1. By Country
18.104.22.168. Rest of South Asia & Oceania
14.3.2. By Machine
14.4. Market Attractiveness Analysis
14.4.1. By Country
14.4.2. By Machine
15. Oceania Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030
15.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019
15.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
15.3.1. By Country
22.214.171.124. New Zealand
15.3.2. By Machine
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Machine
16. Middle East & Africa Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030
16.2. Historical Market Size (US$ Mn) and Volume (Units) Trend Analysis By Market Taxonomy, 2015-2019
16.3. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2020-2030
16.3.1. By Country
126.96.36.199. South Africa
188.8.131.52. Northern Africa
184.108.40.206. Rest of MEA
16.3.2. By Machine
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Machine
17. Global Forestry Machinery Market Analysis 2015-2019 and Forecast 2020-2030, Key Country Analysis
17.1. U.S. Forestry Machinery Market
17.1.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
220.127.116.11. By Machine
17.2. Canada Forestry Machinery Market
17.2.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
18.104.22.168. By Machine
17.3. Germany Forestry Machinery Market
17.3.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
22.214.171.124. By Machine
17.4. Italy Forestry Machinery Market
17.4.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
126.96.36.199. By Machine
17.5. France Forestry Machinery Market
17.5.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
188.8.131.52. By Machine
17.6. Spain Forestry Machinery Market
17.6.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
184.108.40.206. By Machine
17.7. Nordics Forestry Machinery Market
17.7.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
220.127.116.11. By Machine
17.8. Russia Forestry Machinery Market
17.8.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
18.104.22.168. By Machine
17.9. China Forestry Machinery Market
17.9.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
22.214.171.124. By Machine
17.10. Japan Forestry Machinery Market
17.10.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
126.96.36.199. By Machine
17.11. South Korea Forestry Machinery Market
17.11.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
188.8.131.52. By Machine
17.12. Brazil Forestry Machinery Market
17.12.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
184.108.40.206. By Machine
17.13. Mexico Forestry Machinery Market
17.13.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
220.127.116.11. By Machine
17.14. India Forestry Machinery Market
17.14.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
18.104.22.168. By Machine
17.15. Thailand Forestry Machinery Market
17.15.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
22.214.171.124. By Machine
17.16. Indonesia Forestry Machinery Market
17.16.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
126.96.36.199. By Machine
17.17. Australia Forestry Machinery Market
17.17.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
188.8.131.52. By Machine
17.18. Turkey Forestry Machinery Market
17.18.1. Market Value (US$ Mn) Analysis and Forecast by Market Taxonomy
184.108.40.206. By Machine
18. Market Structure Analysis
18.1. Market Analysis by Tier of Companies (Forestry Machinery)
18.2. Global Forestry Machinery Market Competition - a Dashboard View
18.3. Global Forestry Machinery Market Company Share Analysis
19. Company Profiles
19.1. Deere & Co.
19.1.1. Company Overview
19.1.2. Business overview
19.1.3. SWOT Analysis
19.1.4. Key Developments
19.2. Komatsu Ltd.
19.2.1. Company Overview
19.2.2. Business overview
19.2.3. SWOT Analysis
19.2.4. Key Developments
19.3. Barko Hydraulics L.L.C.
19.3.1. Company Overview
19.3.2. Business overview
19.3.3. SWOT Analysis
19.3.4. Key Developments
19.4. Tigercat International Inc.
19.4.1. Company Overview
19.4.2. Business overview
19.4.3. SWOT Analysis
19.4.4. Key Developments
19.5. Caterpillar, Inc.
19.5.1. Company Overview
19.5.2. Business overview
19.5.3. SWOT Analysis
19.5.4. Key Developments
19.6. Kesla Oyj
19.6.1. Company Overview
19.6.2. Business overview
19.6.3. SWOT Analysis
19.6.4. Key Developments
19.7. Ponsse Oyj
19.7.1. Company Overview
19.7.2. Business overview
19.7.3. SWOT Analysis
19.7.4. Key Developments
19.8. AGCO Corporation
19.8.1. Company Overview
19.8.2. Business overview
19.8.3. SWOT Analysis
19.8.4. Key Developments
19.9. Kubota Corporation
19.9.1. Company Overview
19.9.2. Business overview
19.9.3. SWOT Analysis
19.9.4. Key Developments
19.10. Rottne Industri AB
19.10.1. Company Overview
19.10.2. Business overview
19.10.3. SWOT Analysis
19.10.4. Key Developments
19.11. Eco Log Sweden Ab
19.11.1. Company Overview
19.11.2. Business overview
19.11.3. SWOT Analysis
19.11.4. Key Developments
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