Published Date : 17 Jan 20 | Views: 73 | Industry : Machinery & Equipment
Increasing Use of Harvester to Procure Wood is Likely to Fuel the Segment Growth
The machine type segment of the market is divided into Forwarders, Skidders, Swing Machines, Harvesters, Bunchers, Loaders, and Other Forestry Machines. Increasing demand for harvesters for the purpose of bucking, delimbing, and felling trees has largescale usage in wood-cutting and it is mostly used in construction and furniture industries, which is likely to augment the growth of the harvesters segment.
Conversion of Forest Lands into Arable lands in the Asia-Pacific is Driving the Growth of the Market
The increasing population particularly in the Asia-Pacific region has resulted in the conversion of forest lands to arable lands. Rapid urbanization and industrialization have resulted in the decline of trees, which are used for wood for its largescale applications in construction and infrastructure building. All these factors have resulted in increasing demand for forestry machinery, which is likely to foster the growth of the market.
Market Players are Keen to Offer Innovative Machinery to Provide Better Solutions
Deere and Co., Barko Hydraulics L.L.C., Rottne Industri AB, Komatsu, Ponsee Oyj, Eco Log Sweden Ab, and Doosan Infracore North America Llc are some of the major companies operating in the global market.
Key players are inclined to manufacture efficient and safe machines to meet the needs of the end-use industries. The market players are also keen to invest in product innovations to provide better solutions.
For instance, PONSSE launched a Fox harvester, a fuel-efficient machine. It is an ideal blend of advanced technology and it provides stability, visibility, and low surface pressure, which can be used to make a soft terrain in harsh conditions.
Largescale Usage of Forestry Machinery in Various Industries to Contributing Market Growth
High demand for wood in the commercial and industrial sectors has resulted in largescale usage of the Forestry Machinery. Increasing the adoption of Silviculture is expected to drive the growth of the market. Increasing demand for industrial round wood is also likely to contribute to the growth of the Forestry Machinery market over the next few years.
For further information, check :https://www.qyrconsulting.com/reports/forestry-machinery-market