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Timber Harvesting Equipment Market Projected for Promising Growth till 2025

06-06-2019 09:24 AM CET | Industry, Real Estate & Construction

Press release from: persistencemarketresearch.com

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Timber Harvesting Equipment Market Projected for Promising

Global scenario of the timber harvesting equipment market

Timber harvesting equipment in the present scenario is the commonly used equipment for the purpose of producing logs of timber. These mechanized equipment help in producing cleaner logs right from the tree with less human effort. The market value generated from the sales of timber harvesting equipment is estimated to be valued at more than US$ 17.50 Bn by 2017 end, and is projected to reach more than US$ 25 Bn by the end of 2025, expanding at a CAGR of 5.5% over the forecast period. In terms of value, Europe and North America combined held a market share of more than 70% of the global market in 2016, which can be singled out to be the most attractive regions for the market to grow. The North America market is anticipated to expand at a CAGR of 4.3% over the forecast period with an estimated market value of US$ 5,946.5 Mn by 2017 end that is projected to reach a valuation of US$ 9,231.3 Mn by 2025.

Integration of GPS systems in forestry equipment and significant focus on new product launches are trending the global timber harvesting equipment market

Most of the manufacturers are integrating GPS machine control systems in the design of backhoe loaders, feller bunchers, harvesters and forwarders. Installation of machine control systems in their equipment helps improve the efficiency and allows users to work from their office, instead of being physically present on the site. Moreover, by minimizing material wastage and reducing the need for re-work, machine control can help improve the sustainability of the operation. For instance, if laborers use GPS systems for their equipment, it would help them work from a definite distance, without being physically present at the actual site.

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Growing urbanization will increase the demand for harvesting timber, which ultimately will surge the demand for timber harvesting equipment. Timber harvesting equipment are relatively costly, hence the option is either to lease or rent them. Some of the equipment that can be leased include excavators, backhoe loaders, feller bunchers, harvesters and forwarders. Leasing the equipment gives an opportunity to modify the equipment for the projects, get technical support and high level personal advice.

Prominent manufacturers in the timber harvesting equipment market include Deere & Company, Komatsu Ltd., Caterpillar Inc., Ponsse Oyj, Volvo AB, and Husqvarna AB. Most of these key players have well-established presence in the growing markets. However, these players are actively looking for further strengthening their market presence, either by strategic collaborations and production expansion or mergers & acquisitions. Over the recent past, majority of market participants have been observed focusing on timely new product launches and advanced updates of the existing products. This is primarily focused towards gaining a competitive edge in the market.

As the timber harvesting equipment market is consolidated, key manufacturers are focusing on innovation of technology to meet the consumer needs. For instance, in October 2017, Logset Oyj launched advanced technology (T-Winch) for harvesting on steep slopes. On the steep slopes, the weight distribution among the eight wheels is uneven; T-Winch is therefore used for greater assistance.

Skidders product type segment is anticipated to increase at a significant CAGR over the forecast period

The Skidders segment is projected to create a total incremental $ opportunity of nearly US$ 2,300 Mn between 2017 and 2025. The segment is expected to account for a revenue share of close to 20% of the global timber harvesting equipment market. Feller Buncher and Forwarders segments are expected to lose their market share owing to high cost and limitations for specific applications. Chainsaw and Skidders are expected to gain 60 BPS and 190 BPS respectively between the years 2017 and 2025. The Chainsaw segment is expected to grow at a CAGR of 7.0% owing to its advantage such as easy accessibility.

Global Timber Harvesting Equipment Market- Key Players

Deere & Company, Komatsu Ltd., Ponsse Oyj,Caterpillar Inc., Tigercat International Inc., ogset Oy,Eco Log Sweden AB,Rottne Industri AB, Husqvarna AB, Andreas Stihl AG & Company KG, Stanley Black & Decker, Inc., Hitachi Ltd., Kesla Oyj, Barko Hydraulics L.L.C., Bell Equipment Ltd., Volvo AB, Sampo-Rosenlew Oy and Echo Inc. are some of the key leaders operating in the global timber harvesting equipment market.

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Table Of Contents

1. Executive Summary

1.1. Market Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition
2.2. Market Taxonomy

3. Global Timber Harvesting Equipment Market Analysis Scenario

3.1. Introduction
3.1.1. Market Volume Projections
3.1.2. Market Size and Y-o-Y Growth
3.1.3. Absolute $ Opportunity
3.2. Value Chain
3.3. Pricing Analysis
3.4. Porter’s Five Forces Analysis
3.5. Wheeled vs Tracked Comparison
3.6. Harvesting Mode Comparison
3.7. Operation Cost Comparison
3.8. Macro-economic Factors
3.9. Forecast Factors
3.10. Market Dynamics
3.10.1. Drivers
3.10.2. Restraints
3.10.3. Trends

4. Global Timber Harvesting Equipment Market Analysis 2012–2016 and Forecast 2017–2025 ,By Product Type

4.1. Introduction
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2012 – 2016
4.3. Current Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2017–2025
4.3.1. Chainsaws
4.3.2. Harvesters
4.3.2.1. Wheeled Type
4.3.2.2. Tracked Type
4.3.3. Feller Bunchers
4.3.3.1. Wheeled Type
4.3.3.2. Tracked Type
4.3.4. Forwarders
4.3.5. Skidders
4.4. Market Attractiveness Analysis By Product Type

5. Global Timber Harvesting Equipment Market Analysis 2012–2016 and Forecast 2017–2025 ,
By Harvesting Mode

5.1. Introduction
5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Harvesting Mode, 2012 – 2016
5.3. Current Market Size (US$ Mn) and Volume (Units) Analysis By Harvesting Mode, 2017–2025
5.3.1. Full Tree
5.3.2. Cut-To-Length
5.3.3. Tree Length
5.4. Market Attractiveness Analysis By Harvesting Mode

6. Global Timber Harvesting Equipment Market Analysis 2012–2016 and Forecast 2017–2025,
By Region

6.1. Introduction / Key Findings
6.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2012 – 2016
6.3. Current Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2017–2025
6.3.1. Asia Pacific
6.3.2. North America
6.3.3. Latin America
6.3.4. Europe
6.3.5. Middle East & Africa
6.4. Market Attractiveness Analysis By Region

7. Asia Pacific Timber Harvesting Equipment Market Analysis 2012–2016 and Forecast 2017–2025

7.1. Introduction
7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market Taxonomy, 2012–2016
7.2.1. By Country
7.2.2. By Product Type
7.2.3. By Harvesting Mode
7.3. Current Market Size (US$ Mn) and Volume (Units) Analysis By Country, 2017–2025
7.3.1. China
7.3.2. India
7.3.3. Japan
7.3.4. ASEAN
7.3.5. ANZ
7.3.6. Rest of Asia Pacific
7.4. Current Market Size (US$ Mn) and Volume (Units) Analysis By Manufacturing Process, 2017–2025
7.4.1. Full Tree
7.4.2. Cut-To-Length
7.4.3. Tree Length
7.5. Current Market Size (US$ Mn) and Volume (Units) Analysis By Product Type, 2017–2025
7.5.1. Chainsaws
7.5.2. Harvesters
7.5.2.1. Wheeled Type
7.5.2.2. Tracked Type
7.5.3. Feller Bunchers
7.5.3.1. Wheeled Type
7.5.3.2. Tracked Type
7.5.4. Forwarders
7.5.5. Skidders
7.6. Current Market Size (US$ Mn) and Volume (Units) Analysis By Harvesting Mode, 2017–2025
7.6.1. Full Tree
7.6.2. Cut-To-Length
7.6.3. Tree Length
7.7. Drivers and Restraints: Impact Analysis
7.8. Market Attractiveness Analysis
7.8.1. By Country
7.8.2. By Product Type
7.8.3. By Harvesting Mode
7.9. Market Participants

8. North America Timber Harvesting Equipment Market Analysis 2012–2016 and Forecast 2017–2025

8.1. Introduction
8.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market Taxonomy, 2012–2016
8.2.1. By Country
8.2.2. By Product Type
8.2.3. By Harvesting Mode
8.3. Current Market Size (US$ Mn) and Volume (Units) Analysis By Country, 2017–2025
8.3.1. U.S.
8.3.2. Canada

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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