Lucintel’s latest market report analyzed that forestry equipment provides attractive opportunities in felling, extracting, and on-site equipment. The forestry equipment market is expected to reach $10.6 billion by 2025 with a CAGR of 4.2%. In this market, felling equipment is the largest segment by product type, whereas electric power equipment is largest by power type. The introduction of TimberMatic navigation and integration of mobile technology in forestry equipment provides strategic growth path in this market.
Download Brochure of this report by clicking on https://www.lucintel.com/forestry-equipment-market.aspx
Based on product type, the forestry equipment market is segmented into felling equipment, extracting equipment, on-site processing equipment, separately sold parts and attachments. The felling equipment segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period, due to the increasing use of cut-to-length harvesting methods relative to tree-length and whole-tree systems.
Browse in-depth TOC on “Forestry Equipment Market”
107 – Tables
163 – Figures
213 – Pages
The forestry equipment market is marked by the presence of several big and small players. Some of the prominent players offering forestry equipment include John Deere, Caterpillar, Claas KGaA, Hitachi, Stihl Holding, Ponsse, Husqvarna, Kubota Corporation, CNH Industrial, and Bell Equipment.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link email@example.com.
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Company Name: Lucintel
Contact Person: Brandon Fitzgerald
Email: Send Email
Country: United States