Forestry Machinery Market: Demand for High Productivity in Harvesting Processes

Posted by Arslan on July 1st, 2019

According to a new Fact.MR study, over 12 million units of forestry machinery were sold in 2018, and sales are expected to record over 3% Y-o-Y growth in 2019. The forestry machinery industry has been upheld by a slew of factors, which span from growing adoption of mechanized practices in forest harvesting, to rising trend of leasing & renting services and integration of GPS systems into the machinery.

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https://www.factmr.com/report/3732/forestry-machinery-market

Key Growth Determinants of the Forestry Machinery Market

• Growing demand for wood and wood products, abreast the paradigm shift to mechanized processes for felling forest trees, have significantly upheld the demand for forestry machinery. Additionally, policies apropos of afforestation, in lieu of deforestation, have further led the adoption of forestry machinery for ‘thinning’ process that promotes environment sustainability by improving forest health.
• Growing food demand worldwide has resulted in aggressive cultivation activities, in turn leading to conversion of forest lands into arable lands. This has further led to adoption of mechanized practices, creating a significant demand for forestry machinery.
• Ongoing development plans formulated to boost the forestry industry in key countries, such as China and Indonesia, are further driving demand for relevant solutions, such as forestry machinery, and equipment.

Chapterwise Analysis

Chapter 1. Executive Summary
This chapter providers a brief summary of the key findings pertaining to the forestry machinery market, along with the inclusion of essential historical and forecast statistics. The chapter also discusses the key trends in the forestry machinery market from both, supply and demand side that
have been assessed for the readers to provide an enhanced view of the market prospects.

Chapter 2. Market Overview
This section of the report provides a concise introduction to the forestry machinery market along with a market definition and taxonomy. Along with this, this section also discusses the scope and limitations of the forestry machinery market.

Chapter 3. Key Market Trends
This section outlines the key industry trends shaping the future of the forestry machinery market. The detailed understanding of impact of these industry trends on the overall growth of the forestry machinery market further enables the reader to gain exclusive forestry machinery market insights.

Chapter 4. Market Background
This chapter offers a detailed understanding of the forestry machinery market background. This chapter involves the outlook of the forestry sector in terms of investments, key regions, and areas available for harvesting. Furthermore, the evaluation of macro-economic factors and their impact on
the overall forestry machinery market growth is also discussed in this chapter. Apart from this, the chapter highlights the forecast factors, key forestry machinery market dynamics, and a detailed supply chain analysis.

Attractiveness of Developed Markets for Forestry Machinery Manufacturers to Endure

According to the study, volume sales of forestry machinery remain high in Europe, closely followed by North America – these two regions collectively accounting for over 70% sales. Forestry machinery sales in Europe and North America are buoyed by a confluence of factors, including support of favorable funding policies of the government in terms of national development programs, along with rising adoption of key mechanized practices such as cut-to-length (CTL) approach.