Feller Bunchers Market Size, Share & Market Growth Analysis Forecast till 2030 |
Market Overview:
In a recent research report by Market Research Community, the Global Feller Bunchers Market is expected to surpass USD 5,348.00 Million by the year 2030, from USD 3,784.65 Million in 2021.
Feller bunchers are heavy forestry machines that are used for cutting and gathering trees. These machines use a cutting head to sever the tree from the ground, and then gather the tree with a hydraulic arm. Feller bunchers are used in a variety of applications, including logging, forest management, and land clearing.
The Feller Bunchers Market Growth is expected at a steady pace over the next few years. One of the key drivers of this growth is the increasing demand for timber and wood-based products, which is driving up the need for efficient forestry equipment. Additionally, the rising demand for biofuels and other renewable resources is driving the growth of the forestry industry, which is further fueling the demand.
The market is also seeing a shift towards more environmentally-friendly machines, as well as the integration of automation and telematics technologies to improve their efficiency and productivity. Furthermore, as environmental concerns continue to be at the forefront of industry trends, the market is experiencing a shift towards more eco-friendly feller bunchers.
It is anticipated that the CAGR will be approximately 4.9% during the period spanning from 2022 to 2030. This growth is attributed to several factors, including the escalating demand for timber and wood-based products, the growing need for renewable energy sources such as biofuels, and the requirement for more efficient and productive forestry equipment to meet the demands of the industry.
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Market Segment:
By Type
- Wheeled Feller Bunchers
- Tracked Feller Bunchers
By Application
- Forestry Logging
- Building and Maintaining Forestry Roads
- Mill yard and Land Management
- Others
By End User
- Private Companies
- Municipal
By Distribution Channel
- OEM
- Aftermarket
North America is expected to dominate the market over the forecast period, driven by the region's well-established forestry industry and the increasing demand for efficient and productive forestry equipment. Europe and Asia Pacific are also expected to see significant growth in the market, due to the growing demand for timber and wood-based products in these regions.
The Report includes a regional analysis and country analysis with the latest trends, along with the major key players including
- John Deere and Company
- Komatsu America Corporation
- Volvo Group
- Tigercat International Inc.
- Weiler Forestry
- Caterpillar Inc.
- Komatsu
- Barko Hydraulics
- LLC
- Dougherty Forestry MFG.
- TimberPro Inc
The Feller Buncher Market Demand is expected significantly over the next few years in market growth segments in the industries and provide the users with a valuable market overview and insights to help them make strategic decisions for identifying core market applications.
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