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Forestry Equipment Market Worth $9 Billion by 2019


News provided by

ReportsnReports

30 Jun, 2015, 06:00 GMT

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DALLAS, June 30, 2015 /PRNewswire/ --

ReportsnReports.com adds new forestry equipment market research reports titled "World Forestry Equipment to 2019" and "Global Forestry and Agricultural Machinery Market to 2019 - Market Size, Growth, and Forecasts in Nearly 70 Countries" to the manufacturing and construction intelligence collection of its research library.

The world forestry equipment market to 2019 report spread across 371 pages, profiling 39 companies and supported with 80 tables and 22 charts is now available at http://www.reportsnreports.com/reports/402221-world-forestry-equipment-to-2019.html .

World demand for forestry equipment market (including both purpose-built and converted machinery) is forecast to climb 4.5% annually to $9.3 billion in 2019. This will represent moderation from the 2009-2014 pace of increase, a period during which market gains were bolstered by a rebound in roundwood production from lows posted during the 2009 global recession, as well as by the institution of new engine emissions standards in the European Union (EU) and US. Sales advances will be driven in part by the ongoing mechanization of forestry operations in developing regions. In mature, developed world markets, acceleration in economic growth and a generally favorable fixed investment climate will help boost demand as forestry companies seek to reduce their operating costs and increase output through the use of technologically sophisticated, high-value machinery. Additional government regulatory actions are also likely to bolster sales of new higher priced units engineered to meet these requirements. In deflated, constant dollars, forestry equipment demand will rise at a 2.3% annual rate through 2019, marginally faster than expected growth in industrial roundwood output.

Felling equipment accounts for the largest share of world forestry equipment sales, followed by separately sold parts and attachments, and extracting equipment. On-site processing equipment and all other forestry equipment account for remaining demand. The fastest market gains will be posted by harvesters and forwarders, supported by increased use of cut-to-length harvesting methods relative to tree-length and whole-tree systems. Sales of on-site chippers and grinders will also expand at a comparatively fast pace, spurred by rising demand for wood pellets as a power plant feedstock, most notably in the EU. Harvesting and other cutting heads will also grow at an above average rate, fueled by both heightened roundwood output and growing usage of mechanized harvesting and on-site processing equipment in developing areas.

Companies profiled in this forestry equipment market 2015 report with 2019 forecasts include Blount International Incorporated, CLAAS KGaA mbH, CNH Industrial NV, Concern Tractor Plants, Deere & Company, Doosan Infracore Company Limited, High Technology Investments BV, Hitachi Limited, Husqvarna AB, Hyundai Heavy Industries Company Limited, Joy Global Incorporated, Kesla Oyj, Kobe Steel Limited, Komatsu Limited, Makita Corporation, Minsk Tractor Works OJSC, Olofsfors AB, Pettibone LLC, Sampo Rosenlew Limited, SENNEBOGEN Maschinenfabrik GmbH, Sumitomo Heavy Industries Limited, Tigercat Industries Incorporated, TriLink Saw Chain LLC, Vermeer Corporation, Xiamen XGMA Machinery Company Limited and Yamabiko Corporation. Order a copy of World Forestry Equipment to 2019 market research report at http://www.reportsnreports.com/Purchase.aspx?name=402221 .

Geographically, US and Canada together represent the largest forestry equipment market, accounting for one-third of global product demand in 2014. Western Europe is the second largest market, with a 22% share of all equipment sales in 2014, followed by the Asia/Pacific region, Eastern Europe, Latin America, and the Africa/Mideast region. The US will record the largest increases of any forestry equipment market in dollar terms through 2019, supported by a pickup in economic activity and construction expenditures, a healthy capital spending environment, and growth in roundwood output. Brazil, a considerably smaller but still sizable forestry machinery market, will register larger increases in percentage terms, expected to average 6.5% per year through 2019. A number of smaller national markets -- including New Zealand, Poland, Finland, and Indonesia -- will also post above average demand gains. On a regional basis, Latin America and Eastern Europe will record the fastest sales increases in percentage terms, and Western Europe will register the weakest market advances, restricted by the already high mechanization rates in the largest national forestry machinery markets in this region. However, lower mechanization levels in parts of Western Europe will provide some impetus to growth in product demand through 2019.

On a related note, the second research titled Global Forestry and Agricultural Machinery Market to 2019 - Market Size, Growth, and Forecasts in Nearly 70 Countries enables readers the critical perspectives to be able to evaluate the world market for forestry and agricultural machinery. The market information includes the total market size for forestry and agricultural machinery as well as the market size and trends for products including Pedestrian controlled tractors, Other forestry and agricultural tractors, Agricultural trailers, Disc harrows, Hoes, scarifiers, cultivators and weeders, Manure spreaders and fertilizer distributors, Ploughs, Seeders and planters and transplanters, Rollers and other soil preparation and cultivation machinery, Soil preparation and cultivation machinery parts, Powered lawn mowers with horizontal cutting device, Other powered lawn mowers, Combine harvester-threshers, Cutter bars and hay mowers, Fodder and straw balers, Rakes, hay tedders and other haymaking machinery, Root and tuber harvesting machinery, Other harvesting and threshing machinery, Poultry incubators and brooders, Other poultry-keeping machinery, Poultry-keeping machinery parts, Agricultural sprays and powder dispersers, Milking machinery, Machinery for preparing animal feeding stuffs, Machinery for cleaning, sorting and grading grain, seeds, eggs, fruits, dried leguminous vegetables and other, agricultural products, Other forestry and agricultural machinery as well as Other forestry and agricultural machinery parts.

This forestry and agricultural machinery market report (http://www.reportsnreports.com/reports/400645-global-forestry-and-agricultural-machinery-market-to-2019-market-size-growth-and-forecasts-in-nearly-70-countries.html ) is designed for companies who want to gain a comprehensive perspective on the global forestry and agricultural machinery market. This publication makes it easy to compare across different countries and product groups to be able to find new market opportunities and make more profitable business decisions. In addition to the global data, this report provides country level information for Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Belgium, Bolivia, Bulgaria, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Ghana, Greece, Hungary, India, Indonesia, Iran, Ireland, Italy, Japan, Jordan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Mexico, Moldova, Morocco, Nepal, Netherlands, Norway, Pakistan, Panama, Peru, Philippines, Poland, Portugal, Romania, Senegal, Slovakia, Slovenia, South Africa, South Korea, Spain, Sri Lanka, Sudan, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States and Vietnam. Order a copy of Global Forestry and Agricultural Machinery Market to 2019 - Market Size, Growth, and Forecasts in Nearly 70 Countries research report at http://www.reportsnreports.com/Purchase.aspx?name=400645 .

Explore more reports on the manufacturing market at http://www.reportsnreports.com/market-research/manufacturing/ .

About Us:  

ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of over 5000 micro markets. Not limited to any one industry, ReportsnReports.com offers research studies on agriculture, energy and power, chemicals, environment, medical devices, healthcare, food and beverages, water, advanced materials and much more.

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