The new report by Expert Market Research titled, ‘Global Forestry Equipment Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global forestry equipment market, assessing the market based on its segments like product, power, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on the request sample report. The sample report shall be delivered to you within 24 hours.
Get a Free Sample Report with Table of Contents: https://www.expertmarketresearch.com/reports/forestry-equipment-market/requestsample
The key highlights of the report include:
Market Overview
(2016-2026)
·
Historical Market Size (2020): USD 10.3 Billion
·
Forecast CAGR (2021-2026): 4%
·
Forecast Market Size (2026): USD 13 Billion
The demand for forest products such as woods, herbs, and
other minerals has specifically grown in recent years due to growing awareness
and health concerns, which are expected to strengthen the market growth in the
coming years as well. Due to this increasing demand, businesses are calling new
and heavy-duty forestry equipment. These machines can be used for chopping,
segregation, collection, for storing logs and other products smoothly. The need
for precision and fuel-efficiency and significant technological advancements by
the major players of this industry is driving the market at a steady rate.
Industry
Definition and Major Segments
Forestry refers to the science or art of planting,
managing, and caring for forests. The equipment that facilitates this practice
is called forestry equipment. Agriculture and forestry are among the oldest
industries practiced by mankind. Over the past years, we have grown more dependent on agricultural products
and forestry.
Explore full report with table of contents: https://www.expertmarketresearch.com/reports/forestry-equipment-market
On the basis
of product, the forestry equipment market is segmented into:
·
Harvester
·
Feller Bunche
·
Forwarder
·
Skidders
·
Bunchers
·
Loaders
·
Mulcher
·
Others
·
Electric
·
Gas
·
Oil
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East and Africa
Market Trends
The forestry equipment industry is
expected to observe decent growth due to the increasing awareness about forest
preservation and related practices in both developed and developing countries. The
transition of forestry operations from manual work to the automated mode of
functioning in forests is likely to drive the demand for forestry equipment
during the forecast period. Increasing technological advances such as
introduction of GPS tracking and monitoring machines is helping the market
advance. Furthermore, an expanding construction sector is expected to boost the
demand for forestry products, in turn, pushing the demand for forestry
equipment further in the forecast period.
Key Market
Players
The major players in the market are Deere & Company, Komatsu Ltd., Hitachi Construction Machinery Co. Ltd., Barko Hydraulics, LLC, Caterpillar Inc., and Rottne Industry AB, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Garlic Market: https://www.expertmarketresearch.com/reports/garlic-market
Water Soluble Fertilisers Market: https://www.expertmarketresearch.com/reports/water-soluble-fertilisers-market
Chelate Fertiliser Market: https://www.expertmarketresearch.com/reports/chelate-fertiliser-market
India Aquafeed Market: https://www.expertmarketresearch.com/reports/india-aquafeed-market
Asia Pacific Basmati Rice Market: https://www.expertmarketresearch.com/reports/asia-pacific-basmati-rice-market
Europe Tomato Seed Market: https://www.expertmarketresearch.com/reports/europe-tomato-seed-market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Media Contact
Company Name: EMR Inc.
Contact Person:-Ian Bell, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
City: Sheridan
State: Wyoming
Country: United States
Website: https://www.expertmarketresearch.com
Read More: https://expertmarketresearch-emr.blogspot.com/
**We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
Also visit: Procurement Intelligence
0 Comments:
Post a Comment