Global Wood Chipper Market to Surpass USD 645.8 million by 2034

Despite growing at a modest rate of 3.4% annually, the wood chipper market is still active in all end-use areas in 2033, with a projected value of USD 447.1 million in 2023 and USD 462.3 million by 2024.

Wood chippers serve as robust machines designed to efficiently reduce wood, predominantly tree limbs and trunks, into smaller wood chips. These devices play a pivotal role in streamlining cleanup processes, offering an ideal solution for minimizing the workload associated with garden maintenance.

Their utility extends beyond residential settings, finding growing applications across construction sites and various industries. Wood chippers facilitate the chipping of a wide array of wood materials into smaller chips, which can then be conveniently transported and utilized as fuel across multiple sectors.

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Regional Insights

According to FMI (Future Market Insights), the wood chipper market in China is expected to witness a robust growth trajectory, with a projected compound annual growth rate (CAGR) of 3.7% over the forecast period spanning from 2022 to 2032. This growth can be attributed to several factors including the rapid expansion of the construction industry, supportive government policies, and the widespread availability of wood chippers at competitive prices.

China boasts the largest construction market in East Asia, encompassing a broad spectrum of projects ranging from infrastructure development to energy and utility construction, residential housing, commercial buildings, and industrial facilities.

Meanwhile, in the United States, the wood chipper market is poised for steady expansion throughout the assessment period. This growth is driven by the increasing utilization of wood chippers, particularly within the thriving paper and pulp industry, as well as the construction sector.

Recent Developments

• In September 2022, Timberwolf launched the RW 280HB, a hybrid wood chipper, to meet the growing industry trend toward more sustainable solutions.

• In 2020, Vermeer EMEA launched the BC200, a brush chipper, its first machine fully developed in the Netherlands.

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Key Companies

• Bandit
• Vermeer
• Patriot Products Inc.
• Avant Tecno Oy
• Bruks
• Siwertell Ab
• Bugnot 52
• Crary Industries, Inc.
• Wajax Limited
• Barreto Manufacturing Inc.
• Salsco Inc.
• Vecoplan, LLC
• Bca Industries Inc.
• Pequea Machine, Inc.

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Key Segments

By Product Type:
• Disc Type
• Drum Type
• Screw Type

By Fuel Type:
• Diesel Engine
• Petrol Engine
• Electric Driven

By Capacity:
• 10-250 kg/hr
• 250-3000 kg/hr
• 3000-10000 kg/hr
• Above 10000 kg/hr

By End Use:
• Construction
• Forestry & Biomass
• Paper & Pulp
• Timber Factories & Sawmills
• Others

Related reports:

Power Quality Equipment Market- https://www.futuremarketinsights.com/reports/power-quality-equipment-market

Screw Conveyor Market- https://www.futuremarketinsights.com/reports/screw-conveyors-market

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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