Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

 

 

As per Persistence Market Research analysis, the global forestry machinery market is projected to be valued at around US$ 8.5 Bn in 2021, expanding at a CAGR of 4.7% over the forecast period of 2021-2031. Consistent consumption of timber and natural wood by end-use sectors such as construction, energy, and agro products is set to drive the sales of forestry machinery over the coming years.

To remain ‘ahead’ of your competitors, request for a samples@
https://www.persistencemarketresearch.com/samples/32709

With flexible production being in demand, autonomous handling systems and robots are expected to adapt to changing requirements faster. Besides, those moving around with “domain+” skills would be on the top of the recruiters’ agenda.

Augmented reality solutions are being asked for IoT functionality is capable of tracking and evaluating production quotas, expanding control rooms, and creating various models related to predictive maintenance. Industry 4.0 workforce would, indeed, be complementing robotics. Persistence Market Research is endowed with expertise herein in the form of consultants and analysts.

Market players are launching new, innovative products to stay ahead in the competition and increase their sales and profits.

  • RABAUD, a major player in the wood-energy industry, complemented its XYLOG wood processor range with a new model that is even more versatile and user-friendly. XYLOG 520 enables to split logs from 20 up to 50 cm long.
  • Ponsse launched a completely modernized range of Scorpion harvesters, which meets all the requirements of forestry today. The new PONSSE Scorpion takes harvest productivity and ergonomics to the next level and sets a new standard for the operator’s working environment.
  • Tigercat INC introduced new features in its existing product – the 875 Logger, which was advanced to E- series.

The ongoing crisis caused by the COVID-19 pandemic has resulted in disruption of supply chain networks and manufacturing activities. In lieu of the same, sales of forestry machinery is understood to have plummeted during the initial stages of the pandemic. With regional manufacturing sector operations reviving toward threshold rates, the market is expected to recover gradually over the next 3-4 quarters of the next fiscal.

For critical insights on this market, request for ask an expert here @
https://www.persistencemarketresearch.com/ask-an-expert/32709

Key Takeaways from Market Study
• Burgeoning construction industry & increasing awareness about connected machines for remote monitoring are anticipated to augment sales of forestry machinery.
• With research & development, new techniques are making market competition tougher. Tier-I manufacturers are focusing on high performance and advanced forestry machinery for customers.
• Used machinery is gaining significant amount of demand in the market, owing to lower price.
• Stringent norms enforced by regional governments and increasing end-user awareness about zero emission-based machinery and off-road equipment are strongly advocating the employment of electric hybrid-operated machinery over conventional fuel-based porotypes.
• Demand for wood products is increasing with population growth and growing disposable income of the population. This factor is especially true across the U.S., China, and Australia, which is likely to boost demand for forestry machinery.
• Indonesia, Russia, and Latin American countries are picking up pace in the forestry machinery industry.

Competitive Landscape
The forestry machinery market is identified to be significantly consolidated. Some of the key players in the market are John Deere, Hitachi Construction Machinery Co., Ltd., Liugong Machinery Co., Ltd., Caterpillar, Kubota Corporation, Komatsu, Kawasaki Heavy Industries, Ltd., Volvo AB, Ponsse, Bell Equipment, Tigercat International Inc., Rottne Industri AB, Eco Log, and Dafo. These players have higher shares in the global market and have long-standing relationships with a number of end users for the supply of forestry machinery.

For in-depth competitive analysis, buy now@
https://www.persistencemarketresearch.com/checkout/32709

 

About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

Contact us:
Persistence Market Research
305 Broadway, 7th Floor,
New York City, NY 10007
United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Web- https://www.persistencemarketresearch.com
…………………………………………………………………………………………………….
Japan Office:
Persistence Market Research
1-2-1 Kinshi Arca Central Building
14/F Tokyo, 130-0013
Japan
Call 1-888-863-3700
…………………………………………………………………………………………………….
Singapore Office:
Persistence Market Research
50 Chin Swee Road,
#09-04 Thong Chai Building,
Singapore 169874
……………………………………………………………………………………………………

 

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts