FELLER BUNCHER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)
The feller buncher market is estimated to be valued at US$ 4.43 Bn in 2024 and is expected to reach US$ 6.29 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031.
Report Description:
Feller bunchers are forestry machines that are used to harvest trees in the timber industry. They are self-propelled machines equipped with a harvesting head that grabs trees, cuts them, and lays them on the ground in an organized manner for processing. Feller bunchers help improve efficiency in timber harvesting operations by quickly felling trees and arranging them systematically. This allows loggers to cut down trees much faster than manual methods and process bunches of trees together for further handling. They are commonly used in areas with large tree volumes like commercial forests and woodlands. The global feller buncher market has been growing steadily driven by the rising demand for wood and wood products worldwide.
Market Dynamics:
The global feller buncher market is witnessing robust growth driven by several factors. Rising wood consumption for the construction, furniture, and packaging industries across regions is a key driver. Growing population and urbanization have been fueling the need for more residential and commercial infrastructure development utilizing wood as a building material. The expanding manufacturing sector utilizing wood-based raw materials is another driver. However, high equipment cost poses a challenge to wider adoption. Technological advancements have integrated feller bunchers with features like enhanced boom and harvester heads, GPS navigational aids, and telematics systems, thus offering growth opportunities. Equipment manufacturers introducing more affordable models suited for smaller forest areas can also help expand the market reach. The integration of automation and robotics presents interesting opportunities to enhance productivity in logging operations.
Key Features of the Study:
Detailed Segmentation-
Key Players
Table of Contents
*Browse 60 market data tables and 40 figures on "Global Feller Buncher Market - forecast to 2031”.
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