openPR Logo
Press release

Forestry Machinery Market is anticipated to surpass US$ 6 Bn by the end of the forecast period of 2020-2030

02-03-2021 02:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Forestry Machinery Market

Forestry Machinery Market

The global forestry machinery market is expected to be valued at over US$ 4 Bn by the end of 2020, and is anticipated to surpass US$ 6 Bn by the end of the forecast period of 2020-2030. However, the COVID-19 pandemic has interrupted the growth of the industrial equipment machinery market due to nationwide lockdowns, leading to a steep fall in the sales of forestry machinery, globally. In addition, high initial investment of forestry machinery adds another layer of complexity, as several users are hesitant to invest in new forestry machinery at this time. This, in turn, is expected to see a decline in the demand for forestry machinery in the near future.

To remain ‘ahead’ of your competitors, request for a sample>>>> https://www.factmr.com/connectus/sample?flag=S&rep_id=3732

However, ongoing development plans formulated to boost the forestry industry in key countries such as China and Indonesia are expected to drive the demand for relevant solutions, such as forestry machinery and equipment. Moreover, growing focus of manufacturers on designing machinery for high production applications, demanding operations, and extreme terrain conditions, is expected to augur well for the growth of the forestry machinery market during the forecast period of 2020-2030.

Key Takeaways from Global Forestry Machinery Market Study

The global forestry machinery market is projected to create an absolute dollar opportunity of around US$ 2 Bn, and is anticipated to expand at a value CAGR of 5% during the forecast period

By machine, forwarders are set to hold a share-wide market dominance with over 38% of the total market value by the end of the forecast period.

Skidders are projected to progress at a value CAGR of 5%, and be valued 1.5X more than bunchers by the end of 2020.

For critical insights on this market, request for Methodology here>>>> https://www.factmr.com/connectus/sample?flag=RM&rep_id=3732

By region, Europe is expected to emerge as the fastest-growing forestry machinery market, and surpass a market valuation of US$ 2.5 Bn by the end of 2030.

“The impact of COVID-19 will have long-term implications on the growth of the forestry machinery market. It is anticipated that, even if the pandemic is brought under control, demand is expected to remain muted till the end of 2020, owing to uncertain economic conditions. However, a positive outlook for forestry machinery in developing countries of Asia Pacific, coupled with a shift towards mechanized mode of operations, is anticipated to foster the demand for forestry machinery over the coming years,” says a Fact.MR analyst.

Industry Players Focusing on Product Launches to Stimulate Growth

Key players in the forestry machinery market are Komatsu Ltd., Tigercat International Inc., Deere & Co., Barko Hydraulics L.L.C., Caterpillar, Inc. AGCO Corporation, Kubota Corporation, Ponsse Oyj, and Rottne Industri AB, among others. Prominent manufacturers are focusing on introducing new products in order to broaden their customer base and gain a competitive edge over other players. For instance,

In 2020, Komatsu introduced its new 901XC 8WD Harvester, which is a thinning powerhouse for challenging steep, rough, or soft terrain. Further, the harvester is integrated with a 'Double Comfort Bogie' drive system that provides excellent handling and follows the terrain more closely than competitors’ 8WD machines.
In 2020, Tigercat introduced its H-series Skidders. The new skidder line includes the 620H, 630H, and 632H four-wheel models, as well as the 625H and 635H six-wheel models. These skidders are integrated with a Turnaround system that lets the operator rotate its seat 220°.

In 2020, John Deere launched its Mechanical Self-Leveling Loader (MSL) option for small tractors. These are designed to keep loads level throughout the lift. The new loaders are compatible with John Deere 1E, 1R, 2R, and 3E compact utility tractors.

For Comprehensive Insights Ask An Analyst Here>>> https://www.factmr.com/connectus/sample?flag=AE&rep_id=3732

Find More Valuable Insights on Forestry Machinery Market

Fact.MR, in its new offering, brings to fore an unbiased analysis of the global forestry machinery market, presenting historical demand data (2015-2019) and forecast statistics for the period of 2020-2030. The study divulges compelling insights on the forestry machinery market based on machine (skidders, forwarders, swing machines, bunchers, harvesters, loaders, and other forestry machinery), across seven regions.

Contact:
Fact.MR
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. We are headquartered in Dubai, and operate from our sales office in Dublin, Ireland. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Forestry Machinery Market is anticipated to surpass US$ 6 Bn by the end of the forecast period of 2020-2030 here

News-ID: 2235688 • Views:

More Releases from Fact.MR

Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CAGR at a 5.3%
Fine Blanking Tools Market Projected to Reach USD 1.43 Billion by 2035 | U.S. CA …
The global Fine Blanking Tools Market is set for steady growth over the next decade, driven by rising demand for high-precision components, ongoing industrial automation, and surging requirements from automotive, electronics, and aerospace sectors. According to a recent forecast, the market is expected to grow from approximately USD 948.1 million in 2025 to USD 1,430.6 million by 2035, at a compound annual growth rate (CAGR) of about 4.2 % between
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; Akorn Inc; Hikma; Hameln Pharmaceutical; Accord; Others.
10-08-2025 | Health & Medicine
Fact.MR
Benzodiazepine Drugs Market is Expanding USD 5.4 billion by 2035 | Pfizer Inc.; …
The global benzodiazepine drugs market is projected to expand in the coming decade, driven by growing incidence of anxiety, insomnia, alcohol-withdrawal disorders, and advances in pharmaceutical formulations. According to a recent Fact.MR report, the market was valued at approximately USD 2.35 billion in 2022, and is expected to grow at a compound annual growth rate (CAGR) of 2.8% to reach USD 3.1 billion by 2032. Market Drivers & Outlook The demand for
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Advances in 2D, Cart-Based Systems & AI-Enabled Portability
10-08-2025 | Health & Medicine
Fact.MR
Ultrasound Systems Market to Surge to Nearly USD 20 Billion by 2035, Led by Adva …
The global Ultrasound Systems Market is on a strong growth trajectory, projected to rise from USD 10.8 billion in 2025 to approximately USD 19.7 billion by 2035, expanding at a CAGR of 6.2% during the forecast period. This growth is fueled by the rising demand for non-invasive diagnostic imaging, the increasing prevalence of chronic diseases, expanding healthcare infrastructure, and continuous technological innovations such as AI integration and portable imaging systems. Key
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethicon US LLC, Cardica Inc., Smith & Nephew Plc, CONMED Corporation., Purple Surgical Inc., Dextera Surgical Inc, and Others.
10-08-2025 | Health & Medicine
Fact.MR
Surgical Staplers Market Is Forecasted To Reach USD 6.0 Billion In 2025 | Ethico …
The global Surgical Staplers Market is forecast to show strong growth over the next decade, nearly doubling in value as demand surges for efficient, reliable wound closure in advanced surgical procedures. According to the latest Fact.MR Surgical Staplers Market Size & Share Forecast Outlook 2025-2035 report, the market is expected to grow from USD 6.0 billion in 2025 to USD 12.5 billion by 2035, at a compound annual growth rate

All 5 Releases


More Releases for Forestry

Increasing Demand For Responsible Forestry Practices Drives Growth In The Smart …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. Smart Forestry Market Size Growth Forecast: What to Expect by 2025? The scale of the intelligent forestry market has swiftly expanded over the last few years. Projected to rise from a $4.95 billion market value in 2024 to $5.49 billion in 2025, its compound annual growth rate (CAGR) is
Rising Demand For Forestry Equipment Fuels Growth In The Forestry Lubricant Mark …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts. What Will the Forestry Lubricants Industry Market Size Be by 2025? In recent times, there has been a steady expansion in the market size of forestry lubricants. The estimation suggests an increase from $4.74 billion in 2024 to $4.96 billion in 2025, projecting a compound annual growth rate (CAGR)
Rising Demand For Forestry Equipment Fuels Growth In The Forestry Lubricant Mark …
The Forestry Lubricants Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]._x000D_ _x000D_ What Is the Projected Growth of the Forestry Lubricants Market?_x000D_ The forestry lubricants market size has grown steadily in recent years. It will grow from $4.74 billion in 2024 to $4.96 billion in 2025 at
Increasing Demand For Responsible Forestry Practices Drives Growth In The Smart …
Which drivers are expected to have the greatest impact on the over the smart forestry market's growth? The burgeoning need for sustainable forestry practices is projected to ignite the growth of the smart forestry market in the future. Such practices entail managing and utilizing forest resources in a way that preserves their long-term health, productivity, and biodiversity, as well as accommodating the social, economic, and environmental needs of present and future
Emerging Forestry Lubricants Market Trend 2025-2034: Advancements In Biobased Hy …
How Is the Forestry Lubricants Market Projected to Grow, and What Is Its Market Size? Over recent years, the steady expansion of the forestry lubricants market has been observed. It is estimated to increase from $4.74 billion in 2024 to $4.96 billion in 2025, with a compound annual growth rate (CAGR) of 4.7%. Factors such as the growth of industrial logging activities, improved forest management practices, escalating demand for timber, necessity
Supporting the Forestry Industry: An Analysis of the Forestry Equipment Tires Ma …
On the basis of insights and findings in the report, the long-term stance for the global forestry equipment tires market is expected to be positive with an estimated value CAGR of 5.7% during the forecast period. Increasing demand for wood and wood products, coupled with the shift towards mechanization and automation in forestry operation to increase efficiency and output, is one of the key factors expected to lay a robust