The forestry equipment market size exceeded USD 9 billion in 2020 and is projected to grow at a CAGR of over 4% from 2021 to 2027. Increasing use of wood in commercial construction activities such as wall and roof design, flooring, building doors and cabinets, is driving industry growth. Increasing investment by forestry equipment manufacturers in the development of technologically advanced equipment to improve the productivity of forestry operations is contributing to the growth of the market.
A full report of Forestry Equipment Market available at: https://www.orionmarketreports.com/forestry-equipment-market/61361/
Key Players
Prominent players in the forestry equipment market include Kesla Oyj, Hitachi Construction Machinery, Eco Log Sweden AB, Caterpillar, Inc., Komatsu Forest, Ponsse PLC, Husqvarna AB, Deere & Company, Tigercat International, Doosan Group, STIHL, and Logset Oy.
Forestry Equipment Market- Segmentation
By Type:
Felling Equipment
• Chainsaw
• Harvester
• Feller Buncher
Extracting Equipment
• Forwarder
• Skidder
On-site Processing Equipment
• Chipper
• Delimber
Others
• Loader
• Mulcher
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
