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Forestry Equipment Market Trends 2020 By Top Players Volvo Group, Caterpillar, John Deere, Hitachi Construction Machinery Co, Palfinger AG, Komatsu Forest

04-15-2020 11:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Insight, Inc

/ PR Agency: GMI
Forestry Equipment Market

Forestry Equipment Market

The overall Forestry Equipment Market is slated to depict a valuation of $17 billion by 2026, having registered a remuneration of $11 billion in 2019.

Forestry equipment are used to do the cutting and processing of trees, like the felling equipment which is divided into three types namely harvester, chainsaw and feller buncher. Feller bunchers are self-driven machines that usually come with one cutting head and are utilized in logging operations. These machines can grip more than one stem at one time. Also, feller bunchers are normally propelled through wheels or tracks.

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Forestry equipment market is projected to record a substantial growth rate over the coming years owing to increasing number of government investments as well as technological advancements. Forestry equipment is a piece of machinery which helps in excavating, harvesting as well as the finishing of a wooded area. These three phases need majorly distinct types of forestry equipment tools.

Top Industry Players -

1. AB Volvo?
2. Caterpillar,
3. Deere & Company?
4. Doosan Infracore Co. Ltd.,
5. Eco Log Sweden AB?
6. Grema,
7. Hitachi Construction Machinery Co.,
8. Husqvarna AB?
9. Kesla OYJ,
10. Komatsu Forest,
11. Logset OY?
12. Morbark, LLC.,
13. Palfinger AG,
14. Ponsse PLC,
15. Risutec Oy?
16. Rottne Industri,
17. Sampo Rosenlew,
18. STIHL Holding,
19. Tigercat

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Extracting equipment like the forwarder is a vehicle that moves the logs from where they are cut to the landing. These machines are being built heavier in order to carry bigger loads.
The forestry equipment market is segmented in terms of type and regional landscape.
With respect to type, the market is bifurcated into felling equipment, extracting equipment, on-site processing equipment, and other forestry equipment. Among these, the other forestry equipment segment is set to observe growth owing to the increasing demand for loaders and mulchers for forest management applications.

Mulchers are a different breed than those used typically to serve home landscaping operations. Equipped with either a swinging hammer or a fixed tooth rotor system, forestry mulcher power and size is tied to the horsepower capabilities of the vehicle or tractor with which it is attached.

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Loader machines are either grapples or knuckle booms. Grapples are either pulpwood, that are designed for shorter lengths; log grapples, that can handle tree length sized logs, and bunching, allowing for a big pickup base. Knuckle booms have quick hydraulic systems for boom or swing purposes.

From a regional frame of reference, the Latin America forestry equipment market is likely to register a CAGR of over 2.5% due to the increasing government investments in infrastructure development projects

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