Global Forestry Equipments market cagr 8.7%

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Forestry Equipments Market

Forestry Equipments Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Forestry Equipments Market Size and Growth

The forestry equipment market remains robust, driven by increasing demand for sustainable timber and forest management practices. Current valuations estimate the market size at approximately $12 billion, with a projected CAGR of 5% over the next five years as technological advancements and eco-friendly practices gain traction globally.

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Companies Covered

(Covid 19 Impact Covered)

◍ Blount International Incorporated

◍ CLAAS

◍ CNH Industrial NV

◍ Concern Tractor Plants

◍ Deere & Company

◍ Doosan Infracore Company Limited

◍ High Technology Investments BV

◍ Hitachi Limited

◍ Husqvarna AB

◍ Hyundai Heavy Industries

◍ Joy Global Incorporated

◍ Kesla Oyj, Kobe Steel Limited

◍ Komatsu Limited

◍ Makita Corporation

◍ Minsk Tractor Works

◍ Olofsfors AB

◍ Pettibone LLC

◍ Sampo Rosenlew Limited

The forestry equipment market features key players such as Deere & Company and Komatsu, which innovate and expand product lines to meet industry needs. Companies like Hitachi and Husqvarna enhance technology and efficiency, contributing to market growth. Selected sales revenue highlights include:

- Deere & Company: $44 billion

- Husqvarna AB: $4 billion

- CNH Industrial NV: $29 billion

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Market Segmentation

By Application

OEM

Aftermarket

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By Product

Felling Equipment

Extracting Equipment

On-Site Processing Equipment

Market Growth

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$ X Billion USD

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