An increasing focus on forest management is the major factor driving the timber harvesting equipment market.
Increasing production of “industrial Roundwood” calls for notable demand for timber harvest equipment. Also, the forest owners and foresters are into the enhancement of silviculture that lets them imbibe forest management plans to suffice social, economic, and environmental requirements of end-users.
Persistence Market Research has, with the help of its line of expertise in the form of analysts and consultants, has delved deep into the nitty-gritty of the timber harvesting equipment through its market study entitled “Timber Harvesting Equipment Market”. With years of experience put in, the report is amongst the latest reports out here.
Category-Wise Analysis
The global timber harvesting equipment market, by type of product, spans chainsaws, harvesters (tracked type and wheeled type), feller bunches (wheeled type and tracked type), forwarders, and skidders. By harvesting mode, it’s cut-to-length, tree length, and full tree. Persistence Market Research has given a detailed analysis of these findings with prospects in its latest market study entitled “Timber Harvesting Equipment Market”.
Region-wise Analysis
North America holds the largest market share due to online retail facilities flourishing, along with timber harvesting equipment being available for rent. Also, investments in infrastructure are rising. Europe stands second on this count. The Asia-Pacific is expected to grow at the fastest rate in the timber harvesting equipment market with increasing awareness regarding up-gradation and rehabilitation of forests. Persistence Market Research has mentioned these facts with prospects in its latest market study entitled “Timber Harvesting Equipment Market”.
Competitive Landscape
Persistence Market Research has enlisted the key players in the timber harvesting equipment market as Deere & Company, Komatsu Ltd., Ponsse Oyj, Caterpillar Inc., Tigercat International Inc., Logset Oy, Eco Log Sweden AB, Rottne Industri AB, Husqvarna AB, Andreas Stihl AG & Company KG, Stanley Black & Decker, Inc., Hitachi Ltd., Kesla Oyj, Bako Hydraulics LLC, Bell Equipment Ltd., Volvo AB, Sampo-Rosenlew Oy, Echo Inc., and likewise.
Persistence Market Research has also mentioned the latest developments on this front. For instance – Tata International, in April 2019, did ink an agreement with John Deere for the former to be one of the authorized distributors for the latter’s forestry and construction products in Nigeria, Ghana, Togo, and Benin. Komatsu, in February 2019, did acquire TimbrePro Inc., a manufacturer based out of Wisconsin. As such, it expanded its reach concerning tracked feller bunches, harvesters, wheeled harvesters, forwarders, and felling heads.
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