An exciting new study from the team of Lucintel found that forestry equipment market is expected to reach $10.6 billion by 2025 with a CAGR of 4.2%. There are significant money making opportunities available in this market and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The forestry equipment market is segmented based on product type, power type, and region.In this market, felling equipment is expected to remain the largest product type, and electric power equipment segment is expected to remain the largest power type. Players can benefit from the available opportunities like growth in building and construction activities and increasing demand for woods in home furnishing application.
The introduction of TimberMatic navigation and integration of mobile technology in forestry equipment are emerging trends having impact on dynamics of the industry.
profiled John Deere, Caterpillar, Claas KGaA, Hitachi, Stihl Holding, Ponsse, Husqvarna, Kubota Corporation, CNH Industrial, and Bell Equipment are some of the major players profiled in this 213 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high growth opportunities for the forestry equipment market by product type (felling equipment, extracting equipment, on-site processing equipment, separately sold parts and attachments, and others forestry equipment), by power type (oil power, gas power, and electric power), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 What are the business risks and threats to the forestry equipment market?
Q.4 What are some changing demands of customers in the forestry equipment market?
Q.5 What are the new developments in the forestry equipment market? Which companies are leading these developments?
Q.6 What strategic initiatives are being implemented by key players for business growth?
Q.7 What are some of the competitive products and processes in this forestry equipment area and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this forestry equipment market?
This unique report from Lucintel will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
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