Opportunities in the forestry equipment market have evolved through a number of stages i.e. from use of manual equipment to development of navigation technologies. Lucintel has found the future of this market to be promising; the forestry equipment market is expected to reach $10.6 billion by 2025 with a CAGR of 4.2%. 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.
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John Deere, Caterpillar, Claas KGaA, Hitachi, Stihl Holding, Ponsse, Husqvarna, Kubota Corporation, CNH Industrial, and Bell Equipment are some of the companies profiled in this report.
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This exclusive 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 helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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