Global Forestry Power Tool Accessories Market - Outlook at Pagtataya 2022-2027
- Ulat sa Market
- ID: TEU131GA
- Oras ng Paghahatid: 1 Araw ng Negosyo
- Tag: Forestry Power Tool Accessories
Pangkalahatang ideya ng Market
The forestry power tool accessories market had a valuation of USD 723.9 milyon sa 2021 at ay projected upang maabot USD 968.9 milyon sa pamamagitan ng 2027, pagpapakita ng isang tambalang taunang rate ng paglago (CAGR) ng mga 4.98% sa panahon ng pagtataya. This growth is primarily attributed to the rise in construction activities and the increasing demand for forestry products like paper, furniture, and lumber for infrastructure development.
Latin America and Asia are experiencing increased demand in the forestry and accessories market due to higher productivity and the substitution of labor with machinery. Although the forestry sector may not contribute significantly as a formal employer, it has the potential to create a substantial number of jobs, thereby driving the demand for forestry accessories.
Uri ng Produkto | Ulat sa Market |
---|---|
Hindi. ng Mga Pahina | 229 |
Petsa ng Paglabas | Apr-22 |
Taon ng Base | 2021 |
Panahon ng Pagtataya | 2022-2027 |
Laki ng Market | USD 968.9 Mn incremental growth between 2021 at 2026 |
Mga Segment ng Market | Product and Geography |
Rehiyon | Global |
Hindi. ng mga Kumpanyang Nabanggit | 14 |
One of the key drivers of the global forestry power tool accessories market is the low operating cost of chainsaws. These tools are indispensable for tasks such as tree falling and clearing shrubs and vegetation, and their cost-effective operation makes them highly sought after.
Innovation in technology by leading vendors is another factor propelling the manufacturing industry of forest power tools. Eco-friendly products have gained popularity among manufacturers in the gardening and forestry industry. The adoption of such environmentally friendly products represents the next phase of evolution in portable power tools.
Dagdag pa rito, growth in the commercial construction market is positively impacting the forestry machinery market. Post-pandemic, the construction sector is expected to witness a rebound, driven by the demand for various commercial projects and the recovering economy.
The demand for forestry accessories in residential spaces also contributes to the market share of forestry power tool accessories. As urbanization continues to increase, there is a significant demand for accessories, particularly in cold countries like Canada, Tsina, and Russia, where firewood usage is high.
Bukod pa rito, there is a growing expectation of a substantial demand for electric chainsaws due to their ease of operation, lightweight design, and availability of a wide range of guide bars and chains. These factors make electric chainsaws increasingly popular among users.
Market Segmentation
Ang merkado ay segmented batay sa iba't ibang mga kadahilanan, including product and geography.
Segmentation by Product
Saw Chains
Guide Bars
Trimmer Lines
Brush Cutter Blades
Harvester Chains
Spark Plugs
Segmentasyon ayon sa Heograpiya
Hilagang Amerika – US, Canada
Europa – Alemanya, UK, Italya, Pransiya, Espanya, Sweden, Poland, Netherlands, Denmark, Norway, Finland
APAC – Tsina, Hapon, Australia
Latin America – Brazil, Mexico, Rest of Latin America
Middle East & Africa – Saudi Arabia, UAE, Rest of MEA
The forestry accessories saw chain market is projected to grow at a CAGR of 6.27%. Saw chains have a wide range of applications, and their demand typically surges after storms and cold winters when tree barks need to be cut. This increased demand for chainsaws is particularly evident in palm oil and soybean production. Bukod pa rito, countries like Russia, Canada, and the US experience high demand for firewood during chilly winters due to rising fuel prices worldwide.
The demand for guide bars is expected to rise, driven by a thriving residential sector and construction activities in developed and developing countries such as the US, Canada, India, and China. In the US, the demand for residential spaces has grown by nearly 24%, with a median sale price of USD 4 milyon na. Dagdag pa, India and China, being the largest producers of steel, give vendors an advantage in manufacturing steel blades on a large scale.
North America boasts vast forest resources, may sobra na 345 hectares of forest land in Canada alone. Both the US and Canada heavily rely on forest recreation and tourism. The production of softwood lumber and wood pellets is also expected to increase in the region during the forecast period. Dahil dito, the growing demand for soft lumber will drive the demand for forestry accessories in North America.
In the Asia-Pacific (APAC) rehiyon, Australia, Tsina, and Japan are the primary drivers of forestry tools and accessories. Hapon, sa partikular na, is a major contributor to the global wood market and exports wooden products to countries like China and the US. The increasing demand for renovation and expanding commercial infrastructure will further drive the demand for forestry accessories in APAC.
Mapagkumpitensya na Landscape
Husqvarna, MTD Products, STIGA S.P.A, STIHL, and Oregon are the major players in the power tool accessories market. These vendors face competition based on their offerings and pricing strategies. To drive growth, they are adopting new business models and expanding their product portfolios.
While the European and North American markets are the primary focus for most leading vendors, there is a significant opportunity to tap into the increasing demand from APAC, Latin America, the Middle East, and Africa. Kaya nga, key players should prioritize expanding their geographical presence in these regions.
The rise of automation has made portable equipment more feasible, leading to a higher demand for accessories such as spark plugs and trimmer lines. Vendors should therefore concentrate on enhancing the portability of their products through automation techniques.
Key companies profiled in this report include Husqvarna, MTD Products, STIGA S.P.A, STIHL, Oregon, Bahco, Cannon Bar Works, Einhell, Iggesund, GB Forestry, Kärcher, Whites Forestry, WORX, Zomax.
Mga Mahahalagang Tanong na Nasagot
What is the size of the forestry power tool accessories market?
The forestry power tool accessories market was valued at USD 723.88 milyon sa 2021 at ay projected upang maabot USD 968.88 milyon sa pamamagitan ng 2027.
Which companies are prominent players in the forestry power tool accessories industry?
Some of the notable vendors in the market include Husqvarna, MTD Products, STIGA S.P.A, STIHL, and Oregon.
Which region dominates the forestry power tool accessories market?
North America holds the largest share in the forestry power tool accessories market.
What factors contribute to the growth of the forestry power tool accessories market?
The growth of the forestry power tool accessories market can be attributed to the increasing demand for construction activities and the rising need for forestry products such as paper, furniture, and lumber for infrastructure development.
What are the significant opportunities that can lead to new revenue streams in the near future?
Emerging opportunities in the forestry equipment industry involve leveraging automation in products and making them more sustainable and eco-friendly, which can create game-changing opportunities for new entrants.
USD 3,750 Orihinal na presyo ay: USD 3,750.USD 2,250Ang kasalukuyang presyo ay: USD 2,250.