Stratview Rese arch announces the launch of a new research report on the Forestry Equipment Market is Segmented by Type (Felling Equipment, Extracting Equipment, On-site Processing Equipment, and Others) and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
The report calculates the short- and long-term ramifications of the COVID-19 pandemic on Forestry Equipment Market consumption at the global, regional, and nation scales. The report also compares pre-COVID and post-COVID scenarios to evaluate the potential loss to the industry. The vital data provided in the report can play a crucial role for market participants as well as investors in formulating short-term as well as long-term growth strategies.
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The report delivers a detailed view of the industry based Forestry Equipment Market size, market growth, and opportunities. The report also analyses market key aspects such as-
- Market structure: Overview, industry life cycle analysis, supply chain analysis
- Covid-19 Impact analysis.
- Market environment analysis: Growth drivers and constraints, and SWOT analysis.
- Market trend and forecast analysis
- Market segment trend and forecast
- Competitive landscape and dynamics: Market share, product launches, etc.
- Attractive market segments and associated growth opportunities
- Emerging trends
- Strategic growth opportunities for the existing and new players
Highlights from the Report
Forestry Equipment Market is likely to witness an impressive CAGR of 5.0% during the forecast period. The major factors, such as growing demand for wood in construction activities accompanied by the increase in usage of timber in applications of commercial construction, such as flooring and wall & roof designing, using forestry machines for wildland fire management and wildlife & sanctuary management for preserving the ecosystem in various countries including the U.S., Canada, China, and Russia, and the high growth registered by the forestry equipment sector attributing to the increasing demand for products which are made from residues and recycled materials such as sawdust used for manufacturing particleboards are expected to fuel the growth of the market during the forecast period.
In terms of regions, North America is contributing to a high deployment of forestry equipment attributed to the growing demand for wood products and the increasing population in the region. The deployment of equipment caters to the requirements for residential & commercial manufacturing, and the increase in usage of forest products, such as sawnwood and logwoods, for the development of infrastructure is eventually fueling the usage of forestry machines. Asia-Pacific and Europe are also expected to offer substantial growth opportunities during the forecast period.
Go Through the Full Scope of the Report Here: https://www.stratviewresearch.com/toc/1038/forestry-equipment-market.html
According to the report, the key players of the market are –
- AB Volvo
- Deere & Company
- Doosan Infracore Co. Ltd.
- Eco Log Sweden AB
- Hitachi Construction Machinery Co.
- Husqvarna AB
- Kesla OYJ
- Komatsu Forest.
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