What is the current Forestry Equipment Market size?

The Forestry Equipment Market is projected to register a CAGR of 4.15% during the forecast period (2024-2029) Read More

Who are the key players in Forestry Equipment Market?

Deere and Company, Komatsu Ltd, Volvo CE, Hitachi Construction Machinery Co. Ltd and Barko Hydraulics LLC are the major companies operating in the Forestry Equipment Market. Read More

Which is the fastest growing region in Forestry Equipment Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Forestry Equipment Market?

In 2024, the North America accounts for the largest market share in Forestry Equipment Market. Read More

What years does this Forestry Equipment Market cover?

The report covers the Forestry Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Forestry Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Forestry Equipment Market Report | Industry Analysis, Size & Growth Insights

Forestry Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Forestry Machinery Manufacturers Market is Segmented by Product Type (Felling Equipment (Chainsaws, Harvesters, Feller Bunchers), Extracting Equipment (Forwarders, Skidders, Other Extracting Equipment), On-Site Processing Equipment (Chippers & Grinders, Delimbers & Slashers, Other On-Site Processing Equipment), Other Forestry Equipment, Loaders, Mulchers, Other Forestry Equipment ), Separately Sold Parts & Attachments (Saw Chain, Guide Bars, Discs, & Teeth, Harvesting & Other Cutting Heads, Other Parts and Attachments)), and Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Mentioned Segments.

Forestry Equipment Industry Overview

The forestry equipment market is highly fragmented, with the presence of major players like Deere and Company, Komatsu Ltd., Volvo CE (AB Volvo), Hitachi Construction Machinery Co. Ltd. (HCM), and Barko Hydraulics LLC. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

May 2023 - Komatsu launched the Komatsu 951XC, a harvester for final logging in steep terrain and on soft ground. The eight-wheel design, integrated with the stable Komatsu concept, ensures a machine with stability, efficient maneuverability, and low ground pressure. The Komatsu 951XC is also optimized with the Komatsu C164 - a harvester head specially designed for logging large trees. Further, the hydrostatic transmission facilitates engine power to be utilized entirely, providing considerable advantages in difficult terrain and enhanced climbing ability.
February 2023 - Deere and Company introduces a new mid-size model to its line-up of crawler log loaders. It is designed for logging contractors of all sizes; John Deere's new 2956G is an ideal solution for customers looking for a machine that provides the best combination of engine horsepower and hydraulics capability while maintaining a machine weight of less than 90,000 lbs.