North American Forestry Equipment Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

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.

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

Recent Developments

• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment

Geographic Coverage

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

Key Questions Answered by North American Forestry Equipment Market Report

• What was the North American Forestry Equipment Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Digital Payment Gateway Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the North American Forestry Equipment Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.