Europe Forestry Equipment Market, By Type (Felling Equipment, Extracting Equipment, On-Site Processing Equipment, Cutting and Loading Equipment and Other Equipment), Product (Delimbers, Feller Bunchers, Stump Grinders, Mulchers, Yarders, Forwarders, Log Loaders, Harvesters, Skidders, Timber Transport Trucks, Chippers for Energy-Wood and Others), Power Source (Petrol, Electric Corded, Battery, Cordless and Others), Material (Wood, Metal, Plastic, Recycled Plastics, Synthetic Resin and Others), Forest Type (Natural, Man-Made and Tree Plantations), System Type (Full-Tree Systems, Short Wood Systems and Tree-Length Systems), Technique (Tree Felling, Topping and Debranching, Debarking, Extraction, Log Making/Cross-Cutting, Scaling, Sorting and Piling, Loading and Others), Distribution Channel (B2B/Direct Sales, Third Party Distributors, E-Commerce, Specialty Stores, Brand Websites and Others), Country (U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey and Rest of Europe) Industry Trends and Forecast to 2028
Market Analysis and Insights: Europe Forestry Equipment Market
Forestry equipment market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.9% in the forecast period of 2021 to 2028 and is expected to reach USD 4,766.04 million by 2028. Technological development in European region is acting as major factor for the growth of the market.
Europe is being highly penetrated by the adoption of automation in various industries. Several rules and regulations have been initiated by the government in order to create a safe working environment. Forestry equipment provides high safety and makes the process more efficient leading to increase in growth of the market.
Forestry equipment are used for logging, these equipment aid in cutting, processing, loading and transportation of logs to desired location such as mil for further processing. As the woods are extremely tall and heavy and require heavy machinery to cut and lift them. Traditionally the work was done manually but involved several injuries at the site and the project used to take much longer. Logging is the beginning process for providing wood as a raw material to be used in many applications such as housing, energy, construction, and consumer paper products. Logging systems are also used for managing forests, reducing the risk of wildfires, and restoring ecosystem functions.
This forestry equipment market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Forestry Equipment Market Scope and Market Size
The forestry equipment market is segmented into eight notable segments which are based on type, product, power source, material, forest type, system type, technique and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the forestry equipment market has been segmented into felling equipment, extracting equipment, on-site processing equipment, cutting and loading equipment and other equipment. In 2021, felling equipment holds the maximum market share as this is basically utilized for tree cutting such as timber, pine trees and is even stated to be the first process of cutting the trees. Moreover, increase in demand of hand tools and automatic equipment for felling tree by its customers is also one of the factors helps in enhancing the share.
- On the basis of product, the forestry equipment market has been segmented into delimbers, feller bunchers, stump grinders, mulchers, yarders, forwarders, log loaders, harvesters, skidders, timber transport trucks, chippers for energy-wood and others. In 2021, harvesters segment augments the overall market with maximum market share owing to the increase in the demand the product due to its self-propelling capability of felling and processing trees which makes easier for the workers to cut trees.
- On the basis of power source, the forestry equipment market has been segmented into petrol, electric corded, battery, cordless and others. In 2021, petrol segment dominates the global forestry equipment market as majority of the equipment are equipped with petrol engine for providing more power for using in forest to complete the task of cutting.
- On the basis of material, the forestry equipment market has been segmented into wood, metal, plastic, recycled plastics, synthetic resin and others. In 2021, metal segment is dominating the market with maximum share as metal gives more strength, stability and reliability to the equipment while operating in the forest and thus, product like heads, cutters, cranes buckets are being manufactured by using metal.
- On the basis of forest type, the forestry equipment market has been segmented into natural, man-made and tree plantations. In 2021, man-made forest segment augments the market with maximum share as forestry equipment is majorly used in timber and pine cutting for export purpose. Adding to this, lands are also converted to man-made forest for enhancing the timber business.
- On the basis of system type, the forestry equipment market has been segmented into full-tree systems, short wood systems and tree-length systems. In 2021, full tree systems is segment is dominating the market as it involves felling and transportation of tree directly to the saw mill for further processing which consume less time and energy and is majorly adopted by companies.
- On the basis of technique, the forestry equipment market has been segmented into tree felling, topping and debranching, debarking, extraction, log making/cross-cutting, scaling, sorting and piling, loading and others. In 2021, debarking segment holds the maximum market share as this technique cuts the bark of trees and makes further process easier for the cutter such as topping and debranching. Moreover, increase in the adoption of debarking technique by the companies also tends to dominate the overall market share.
- On the basis of distribution channel, the forestry equipment market has been segmented into B2B/direct sales, third party distributors, e-commerce, specialty stores, brand websites and others. In 2021, B2B/direct sales is the dominating segment as this distribution channel is widely used by the companies to sell their product easily to its customers with maximum reach and even helps in maximizing the customer base.
Forestry Equipment Market Country Level Analysis
Forestry equipment market is analysed and market size information is provided by country, type, product, power source, material, forest type, system type, technique and distribution channel.
The countries covered in Forestry Equipment market report are U.K., Germany, France, Spain, Italy, Netherlands, Switzerland, Russia, Belgium, Turkey and Rest of Europe.
Germany is dominating the European region for forestry equipment market due to high presence of market leaders in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Forestry Equipment
Forestry equipment market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in forestry equipment and changes in regulatory scenarios with their support for the Forestry Equipment market. The data is available for historic period 2011 to 2019.
Competitive Landscape and Forestry Equipment Market Share Analysis
Forestry equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to Europe forestry equipment market.
The major players covered in the forestry equipment market report are Konrad Forsttechnik GmbH, Penz crane GmbH, INDUSTRIAS GUERRA, SA, PIŠEK - Vitli KRPAN d. o. o., Palmse Mehaanikakoda, BMF, CRANAB AB, FTG Cranes AB, Komatsu Forest (a subsidiary of Komatsu Ltd.), HSM Hohenloher Spezial-Maschinenbau GmbH & Co. KG, Quadco Inc., Southstar Equipment, Rotobec, JSC AMKODOR, holding managing company, Waratah (a subsidiary of Deere & Company), SP Maskiner, and Log Max AB, among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of forestry equipment market.
- In September 2020, CRANAB AB announced the delivery of a crane to the Volvo rental truck fleet in Sweden. Volvo is providing rental timber trucks for customers that have their ordinary vehicles at service or repair. The agreement between the two companies helped in enhancing their customer reach in Sweden.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for forestry equipment through expanded range of size.
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