Press release
Woodworking Equipment Market Sees Surge in Demand for Precision, Sustainability, and Automation Solutions
Woodworking Equipment Market
Key factors driving market growth include the shift towards precision-engineered equipment, which offers lower operational costs and greater efficiency. Alongside, a rising commitment to sustainability within the woodworking industry is prompting manufacturers to invest in eco-friendly machinery. Concerns about deforestation, pollution, and waste generation are encouraging businesses to adopt practices that minimize energy consumption, optimize resource usage, and reduce toxic waste. Investing in high-efficiency woodworking equipment enables businesses to align with these sustainable practices, meeting consumer demand for eco-conscious products and complying with industry regulations.
The industry is also addressing labor shortages with advanced automation solutions. In response to the challenge of finding skilled workers, woodworking manufacturers are integrating robotics to maintain or even improve production quality. Modern robots, designed for versatility and safety, handle tasks such as material cutting, sanding, and finishing, which increases productivity and operational safety. Automation is now seen as an ally in delivering high-quality products and filling the skills gap in the labor market.
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However, the growing popularity of versatile power tools, like cordless drills, saws, and planers, presents a potential challenge for the market. Many woodworkers now prefer these tools for their efficiency and ease of use, which could reduce demand for more specialized woodworking equipment. These power tools provide a convenient option for various tasks, potentially impacting the revenue growth of traditional woodworking machinery.
The woodworking equipment market is segmented based on product type, end-use, and operation type. Among products, planers lead in demand, attributed to their efficiency in preparing wood with uniform thickness and smooth surfaces. The segment also benefits from built-in safety features that align with industry standards. The drills segment is also growing, especially with CNC drills becoming increasingly important in woodworking due to their precision and adaptability.
On an end-use basis, the furniture segment commands a significant share of the woodworking equipment market. Machines used in furniture production enhance precision and product quality, making them indispensable for shaping components like doors, windows, and polished surfaces. Innovations such as CNC router machines, which allow intricate designs, and roller press machines, which improve laminate production efficiency, are driving further growth in this segment. Additionally, the construction segment is experiencing steady growth due to the essential role woodworking tools play in building structures and ensuring worker safety through tools such as chisels, saws, and drills.
In terms of operation type, powered woodworking machinery is expected to show the fastest revenue growth, spurred by the need for safer and more compliant operations. Powered equipment includes machines that handle various stages of wood processing, such as feeding, adjusting, and material handling, while adhering to safety regulations that prevent hazards, especially for younger workers. The manual segment remains large, driven by stringent safety standards that require thorough training and supervision for operators. Manual machines, including saw benches and molding machines, offer controlled operation, emphasizing safety protocols to reduce the risk of accidents.
With rising investments in advanced, sustainable, and efficient woodworking machinery, the woodworking equipment market is poised for continued growth, meeting the evolving demands of the industry while addressing environmental and labor challenges.
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Woodworking Equipment Top Companies and Competitive Landscape
The global woodworking equipment market is moderately fragmented, with many large and medium-sized players accounting for majority of market revenue. Major businesses are using a variety of tactics, making mergers and acquisitions, strategic agreements, and contracts, as well as creating, experimenting with, and introducing more efficient woodworking equipment solutions in the market.
Some major players included in the global woodworking equipment market report are:
Altendorf GmbH
Biesse Group
Bourn & Koch Inc.
Cantek America
Casolin G. & C. Inc.
Felder Group
Hans Weber Maschinenfabrik GmbH
Holytek Industrial Corporation
HOMAG Group
HOUFEK a.s.
IMA Schelling Group GmbH
KTCC Woodworking Machinery
Makita Corporation
Masterwood SpA
Michael Weinig AG
PILANA Tools
Rojek Woodworking Machinery Inc.
SCM Group
Shopsmith
Timesavers Inc.
Woodworking Equipment Latest Industry Updates
On 4 April, 2023, CNC Router Machine introduced its latest series of CNC router machines for precision woodworking. These cutting-edge machines, equipped with advanced technology and user-friendly interfaces, cater to woodworkers across various industries. The new series has high-speed spindles and servo motors, ensuring fast and accurate cutting, routing, and engraving of wood, plastic, and other materials. CEO John expressed confidence in meeting woodworkers' needs, emphasizing the machines' durability and safety features. Available for purchase, CNC Router Machine's new series aims to elevate woodworking craftsmanship with a focus on precision, efficiency, and user safety.
On 29 July, 2022, SCM unveiled Autostore, its new automatic warehouse for spare parts, operating since January 2022 in Fonderia, Italy. The warehouse covers 900m2, with 13 storage levels, housing 24,000 modular boxes capable of holding 30kg of pieces each. SCM reports that Autostore facilitates a 75% acceleration in pick-up operations and a 30% reduction in dispatch times, handling around 300 shipments daily. The energy-efficient system utilizes 19 robots with low energy consumption, achieving optimal logistics management for spare parts in the woodworking sector. The Autostore enhances efficiency and quality in servicing spare parts for wood technologies.
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Woodworking Equipment Market Segmentation Analysis
For the purpose of this report, Emergen Research has segmented the global woodworking equipment market on the basis of type, application, deployment, enterprise size, component, vertical, and region:
Product Outlook (Revenue, USD Billion; 2019-2032)
Grinding Machines
Routers
Planers
Drills
Saws
Others
Operation Type Outlook (Revenue, USD Billion; 2019-2032)
Manual
Powered
Material Outlook (Revenue, USD Billion; 2019-2032)
Aluminium
Metal
Plastic
Others (Copper, Iron, etc.)
End-use Outlook (Revenue, USD Billion; 2019-2032)
Furniture
Construction
Marine
Automotive
Others (Locomotive, Industrial Manufacturing, etc.)
Distribution Outlook (Revenue, USD Billion; 2019-2032)
Direct
Indirect
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
South Africa
Turkey
Rest of Middle East & Africa
Read Similar Reports By Emergen Research:
Woodworking Equipment Market Size @ https://www.emergenresearch.com/industry-report/woodworking-equipment-market/market-size
Woodworking Equipment Market Share @ https://www.emergenresearch.com/industry-report/woodworking-equipment-market/market-share
Woodworking Equipment Market Trends @ https://www.emergenresearch.com/industry-report/woodworking-equipment-market/market-trends
Woodworking Equipment Regional Market Demand @ https://www.emergenresearch.com/industry-report/woodworking-equipment-market/regional-market-demand
Woodworking Equipment Market Analysis @ https://www.emergenresearch.com/industry-report/woodworking-equipment-market/market-analysis
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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