Market Overview:
The global forest equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for forest equipment from the agricultural and forestry sectors. North America dominates the global forest equipment market, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Forest equipment is a term used to describe any type of equipment that is used in or around forests. This can include anything from chainsaws and tractors to helicopters and drones. The purpose of forest equipment varies depending on the specific piece of machinery, but it can generally be divided into three categories: harvesting, transportation, and maintenance. Harvesting refers to the machines that are used to cut down trees, while transportation encompasses those that are used to move logs from the forest to sawmills or other processing facilities. Maintenance machines keep the forests clean and healthy by removing debris, controlling pests, and doing other necessary tasks.
Afforestation Equipment:
Afforestation is the process of planting a seed in an area that does not have forest naturally. It is done to increase the forest density and thereby reduce the deforestation rate. Planting trees where they don’t grow naturally helps in creating a better environment, providing more oxygen and reducing global warming by absorbing carbon dioxide from the atmosphere.
Tree Felling Equipment:
Tree felling equipment is used for removing trees and other forest vegetation that blocks sunlight, causes shade, and reduces the air quality. The equipment consists of a chain saw or tree lopper attached to a long arm or pole with a lever or spike on the end of it. It is also known as arborist gear due to its primary use by arborists ( Arboriculture).
Application Insights:
The agricultural application segment accounted for the largest share of more than 50.0% in 2017. The growth can be attributed to the increasing demand for woody plants in various agricultural applications such as bedding and potting mixes, soil stabilizers, erosion control and composts. Moreover, a rise in demand for field trials on new strains of crops to test their resistance against diseases and pests is expected to boost market growth over the forecast period.
The forestry segment is projected register a CAGR of XX% from 2018 to 2030 owing to rising concerns about protecting forests against illegal logging activities across various countries including Brazil, Indonesia, India.
Regional Analysis:
North America dominated the global forest equipment market in 2017. The region is expected to witness moderate growth over the forecast period owing to a decline in demand for felling and logging equipment. This can be attributed to restrictions on clear-cutting activities imposed by environmental regulations such as the Clean Air Act, Water Pollution Control Act, Endangered Species Act, and National Environmental Policy Act. In addition, rising awareness regarding sustainable forestry practices is anticipated to further drive regional product demand over the next eight years.
Asia Pacific accounted for a significant share of revenue in 2017 owing to increasing investments by foreign players operating within this industry vertical. For instance; In January 2018; Caterpillar announced its plan of investing USD X million annually between 2019 and 2021 on forest fire protection equipment expansion program within Asia Pacific region due to growing need from customers located across Indonesia, Malaysia & Thailand among other countries.
Growth Factors:
- Increasing demand for forest equipment from the construction and infrastructure sector
- Rising demand for forest equipment from the pulp and paper industry
- Growing awareness about the benefits of using forest equipment among end-users
- Technological advancements in forest equipment design and functionality
- Expansion of distribution channels by leading players
Scope Of The Report
Report Attributes
Report Details
Report Title
Forest Equipment Market Research Report
By Type
Afforestation Equipment, Tree Felling Equipment, Forest Protection Equipment, Transportation Equipment, Others
By Application
Agricultural, Forestry
By Companies
Deere, New Holland, Kubota, Mahindra, Kioti, CHALLENGER, Claas, CASEIH, JCB, AgriArgo, Same Deutz-Fahr, V.S.T Tillers, BCS, Zetor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Forest Equipment Market Report Segments:
The global Forest Equipment market is segmented on the basis of:
Types
Afforestation Equipment, Tree Felling Equipment, Forest Protection Equipment, Transportation Equipment, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agricultural, Forestry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Deere
- New Holland
- Kubota
- Mahindra
- Kioti
- CHALLENGER
- Claas
- CASEIH
- JCB
- AgriArgo
- Same Deutz-Fahr
- V.S.T Tillers
- BCS
- Zetor
Highlights of The Forest Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Afforestation Equipment
- Tree Felling Equipment
- Forest Protection Equipment
- Transportation Equipment
- Others
- By Application:
- Agricultural
- Forestry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Forest Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Forest equipment is any piece of equipment used in forestry, including chainsaws, axes, machetes, and saws.
Some of the major players in the forest equipment market are Deere, New Holland, Kubota, Mahindra, Kioti, CHALLENGER, Claas, CASEIH, JCB, AgriArgo, Same Deutz-Fahr, V.S.T Tillers, BCS, Zetor.
The forest equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Forest Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Forest Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Forest Equipment Market - Supply Chain
4.5. Global Forest Equipment Market Forecast
4.5.1. Forest Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Forest Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Forest Equipment Market Absolute $ Opportunity
5. Global Forest Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Forest Equipment Market Size and Volume Forecast by Type
5.3.1. Afforestation Equipment
5.3.2. Tree Felling Equipment
5.3.3. Forest Protection Equipment
5.3.4. Transportation Equipment
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Forest Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Forest Equipment Market Size and Volume Forecast by Application
6.3.1. Agricultural
6.3.2. Forestry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Forest Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Forest Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Forest Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Forest Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Forest Equipment Demand Share Forecast, 2019-2026
9. North America Forest Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Forest Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Forest Equipment Market Size and Volume Forecast by Application
9.4.1. Agricultural
9.4.2. Forestry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Forest Equipment Market Size and Volume Forecast by Type
9.7.1. Afforestation Equipment
9.7.2. Tree Felling Equipment
9.7.3. Forest Protection Equipment
9.7.4. Transportation Equipment
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Forest Equipment Demand Share Forecast, 2019-2026
10. Latin America Forest Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Forest Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Forest Equipment Market Size and Volume Forecast by Application
10.4.1. Agricultural
10.4.2. Forestry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Forest Equipment Market Size and Volume Forecast by Type
10.7.1. Afforestation Equipment
10.7.2. Tree Felling Equipment
10.7.3. Forest Protection Equipment
10.7.4. Transportation Equipment
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Forest Equipment Demand Share Forecast, 2019-2026
11. Europe Forest Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Forest Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Forest Equipment Market Size and Volume Forecast by Application
11.4.1. Agricultural
11.4.2. Forestry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Forest Equipment Market Size and Volume Forecast by Type
11.7.1. Afforestation Equipment
11.7.2. Tree Felling Equipment
11.7.3. Forest Protection Equipment
11.7.4. Transportation Equipment
11.7.5. Others
11.8. Basis Poin Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Forest Equipment Demand Share, 2019-2026
12. Asia Pacific Forest Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Forest Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Forest Equipment Market Size and Volume Forecast by Application
12.4.1. Agricultural
12.4.2. Forestry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Forest Equipment Market Size and Volume Forecast by Type
12.7.1. Afforestation Equipment
12.7.2. Tree Felling Equipment
12.7.3. Forest Protection Equipment
12.7.4. Transportation Equipment
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Forest Equipment Demand Share, 2019-2026
13. Middle East & Africa Forest Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Forest Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Forest Equipment Market Size and Volume Forecast by Application
13.4.1. Agricultural
13.4.2. Forestry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Forest Equipment Market Size and Volume Forecast by Type
13.7.1. Afforestation Equipment
13.7.2. Tree Felling Equipment
13.7.3. Forest Protection Equipment
13.7.4. Transportation Equipment
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Forest Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Forest Equipment Market: Market Share Analysis
14.2. Forest Equipment Distributors and Customers
14.3. Forest Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Deere
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. New Holland
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kubota
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mahindra
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kioti
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CHALLENGER
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Claas
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CASEIH
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JCB
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. AgriArgo
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Same Deutz-Fahr
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. V.S.T Tillers
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BCS
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zetor
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
