Lucintel Forecasts Forestry Equipment Market To Reach $10.6 Billion By 2025

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According to the recent study the forestry equipment market is projected to reach an estimated $10.6 billion by 2025 from $8.3 billion in 2019, at a CAGR of 4.2% from 2020 to 2025. Growth in this market is primarily driven by increasing demand for round wood in both construction and infrastructure activities.
Browse 163 figures / charts and 107 tables in this 213 -page report to understand trends, opportunities and forecast in forestry equipment market by product type (felling equipment, extracting equipment, on-site processing equipment, separately sold parts and attachments, and others forestry equipment), power type (oil power, gas power, and electric power), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Download sample report by clicking on below link https://www.lucintel.com/downloadreportsample.aspx?RepId=RPT2725 and view detailed Table of Content here - https://www.lucintel.com/forestry-equipment-market.aspx

“Felling equipment market is expected to remain the largest segment during the forecast period.”
Based on product type, the forestry equipment market is ...
... segmented into felling equipment, extracting equipment, on-site processing equipment, separately sold parts and attachments, and others forestry equipment. Lucintel forecasts that the felling equipment market is expected to remain the largest segment and it is also expected to witness the highest growth over the forecast period due to increase use of cut-to-length harvesting methods relative to tree-length and whole-tree systems.

“Within the forestry equipment market, the electric power equipment segment is expected to remain the largest power type”
Based on power type, the electric power equipment segment will remain the largest segment and is expected to witness the highest growth over the forecast period due to the increasing as it provides significant power for maximum output without increasing emissions.
“Asia pacific will dominate the forestry equipment market in near future”
APAC is expected to be the largest region with the highest growth over the forecast period due to growth in building and construction activities and increasing demand for woods in home furnishing application.
Download Brochure of this report by clicking on https://www.lucintel.com/forestry-equipment-market.aspx
Major players of forestry equipment market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. John Deere, Caterpillar, Claas KGaA, Hitachi, Stihl Holding, Ponsse, Husqvarna, Kubota Corporation, CNH Industrial, and Bell Equipment are among the major forestry equipment providers.
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 https://www.lucintel.com/forestry-equipment-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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