The North American Forestry Equipment Market size is valued at USD 3 billion by 2021. The main market factors driving the regional growth are population growth and high demand for wood products. Wood is used extensively in the residential and commercial sectors for furniture manufacturing, heating and paper production. The growing use of forest products such as sawn timber, veneer logs, sawn timber, pulpwood and other industrial logs for infrastructure development is driving demand. The US government’s afforestation promotion to maintain vegetation and forest cover is spurring local market revenues.
A full report of North American Forestry Equipment Market available at: https://www.orionmarketreports.com/north-america-forestry-equipment-market/61359/
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.
North American 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
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