The global market is projected to grow at a CAGR of 7.3% during the forecast period, reaching a market value of $10.9465 million by 2017 and $9.2313 billion by 2025.
Introduction: Timber Harvesting Equipment Market
Persistence Market Research has produced a new report called Timber Harvesting Equipment Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025 to track the performance of the global wood harvesting equipment market over an eight-year forecast period. To provide clients with a clear picture of the market, analysts provide detailed information on market size, forecasts, drivers, restraints, trends, and opportunities for all five regions covered in this report. To do this, we went one step further. In addition to regional insights, it provides comprehensive information on the various segments and their sub-segments. To better understand the overall market, we have segmented the market by product type, harvesting mode, and region.
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The Wheel of Fortune analysis is a unique element of this report. An important part of this report is Persistence Market Research’s analysis and recommendations for the global wood harvesting equipment market. This report provides an overview of the global wood harvesting equipment market. The overview mainly consists of market segmentation highlighting the factors influencing the growth of the global wood harvesting equipment market. Analysts provided key strategic recommendations for sustainable revenue growth for both established and new market entrants.
The price decrease or increase during the forecast period is based on past market trends. Price declines or increases over the forecast period will remain linear across the country. For Timber Harvesting Equipment Sales, typical market scenarios have been considered and driving factors for market forecasting have been considered. The report covers the competitive landscape and presents a dashboard view of companies manufacturing and servicing the global Wood Harvesting Equipment market. The report comprises the company profiles of several key players and a strategic overview of mergers and acquisitions expanding in the region.
To estimate the market price of logging equipment, consider the type of product and the weighted average selling price (ASP) for each type. Macroeconomic indicators such as GDP, wood production, construction machinery industry growth and timber industry growth are taken into account. A bottom-up approach was used to evaluate the number of markets in each category, and a top-down approach was used to validate market forecasts. All volume data for Harvesting Equipment market size are provided in absolute units.
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In preparing this report, sources such as association publications, annual report _bk_01_01_2020, various company publications and presentations from harvesting equipment manufacturers were researched. This report focuses on pricing analysis information, interviews with market participants, and a list of major construction projects across the regions evaluated. Supply chain analysis of the global Timber Harvesting Equipment Market is another feature included in this report.
Average prices for timber harvesting equipment are estimated in all five regions surveyed. The market size is derived through in-depth secondary research and verified by industry experts through primary interviews. Each interview is thoroughly analyzed and the average market size is derived and double checked before inclusion in the report. Hence, the market value of the global Timber Harvesting Equipment market is calculated from data obtained from average selling price and market size.
Various macroeconomic factors and changing trends have been observed in the eight-year forecast for the global wood harvesting equipment market, which gives an idea of the future of the market. Other important factors considered for market forecasting are the current market size, supply and demand side inputs, and other dynamics shaping the market scenario. While forecasts are made in terms of CAGR while preparing the report, other important criteria such as YoY growth and absolute dollar opportunities are also taken into account to provide clients with very clear insights and possible future opportunities emerging in the global Timber Harvesting Equipment market.
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