Prof Research published a new report on Forestry Equipments Market. It presents the largest 12 manufacturers in Forestry Equipments Market. The report is a professional and in-depth study of the current state of the global Forestry Equipments market. The report provides key statistics on the market of Forestry Equipments. It is a valuable source of guidance and direction for companies and individuals interested in the Forestry Equipments industry.

The forestry equipment market refers to the industry that produces and sells machines and equipment for use in the forestry sector. This includes a wide range of products, such as chainsaws, harvesters, skidders, forwarders, chippers, and grinders, among others.

The market for forestry equipment is driven by a number of factors, including the growth of the global population and the resulting demand for timber and other forest products, as well as increasing concerns about deforestation and the need for sustainable forestry practices. Additionally, technological advancements in the industry, such as the use of GPS and remote sensing technology, are also driving the growth of the forestry equipment market.

The global Forestry Equipments market was valued to be 9,830 million USD in 2022. The Forestry Equipments production value is anticipated to have growth with a CAGR of 2.88% in the coming years to reach 11,655 million USD in 2028.

The market is highly competitive, with major players including John Deere, Caterpillar, Komatsu, Husqvarna, Volvo, CNH Industrial, Hitachi Construction Machinery, Hyundai Doosan Infracore, Oregon Tool, Ponsse, Bell Equipment, and Concern Tractor Plants. The market is also segmented by region, with North America, Europe, and Asia Pacific being the largest markets.

John Deere is the largest manufacturer of Forestry Equipments in the world, and it has a market share of 13.3% in value. Deere & Company is engaged in the delivery of agricultural, construction, and forestry equipment. The Company operates through its four primary segments: Production & precision agriculture segment, Small agriculture & turf segment, Construction and Forestry segment, and Financial Services segment.

Caterpillar is the second largest manufacturer of Forestry Equipments in the world, and it has a market share of 12.9% in value. Caterpillar Inc. is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through its three primary segments: Construction Industries, Resource Industries and Energy & Transportation.

Komatsu is the third largest manufacturer of Forestry Equipments in the world, and it has a market share of 11.4% in value. Komatsu Ltd. engages in the manufacture and sale of construction and mining equipment, utility devices, forest and industrial machinery. It operates through the following business segments: Construction, Mining and Utility Equipment segment, Retail Finance segment, and Industrial Machinery and Others segment.

Husqvarna is the fouth largest manufacturer of Forestry Equipments in the world, and it has a market share of 9.5% in value. Husqvarna AB is a Sweden-based company engaged in the development, manufacture and marketing of outdoor power products, consumer watering products, cutting equipment and diamond tools for construction and stone industries. The Company operates through its three primary divisions: Husgvarna Forest & Garden Division, Gardena Division, and Husqvarna Construction Division.