This market research report presents a detailed segmentation of the global chainsaw market by product type (gas and electric chainsaw), and by geography (APAC, Europe, North America and ROW). The report also includes an insightful analysis of the leading companies in the market such as Blount, Bosch, Husqvarna, STIHL, and Hitachi.
Technavio has released updated information in its new market research report, global chainsaw market, which is expected to grow at a CAGR of more than 6% between 2015 and 2019. The demand for wood for houses, furniture, fuel, and pulp is expected to increase the demand for forest equipment such as chainsaws. North America dominates the global market for chainsaws, accounting for around 47% of the total market share. Much of this region’s growth comes from the increase in demand for wood for construction and repair of houses.
“Manufacturers are increasingly shifting from the gas-powered equipment to battery-powered equipment, owing to rising fuel prices and environmental concerns. Battery-powered chainsaws are lightweight, low maintenance, and produce less noise, which makes them apt for extended use. Moreover, carbon-concept chainsaws like STIHL’s carbon fiber chainsaw are in extensive use due to their longevity and durability,” says Navin Rajendra, Lead Analyst, Hardware & Semiconductor, Technavio Research.
Gas-powered chain saws are more powerful compared to electric chainsaws, and thus can do more demanding jobs like cutting down big trees. The reduction in energy prices has also fueled the growth of the market. The low prices of crude oil and natural gases are anticipated to increase the sales of gas powered chainsaws during the forecast period. Electric and cordless chainsaws are in high demand in the commercial gardening sector. Vendors are also increasingly introducing better acceleration units and higher chain speed for precision cutting and smooth work.
The leading vendors in the global chainsaw market include Blount International, Bosch, Husqvarna, STIHL, and Hitachi. The chainsaw market is dominated by international providers. The research report predicts that the market would witness expansion by these vendors during the forecast period. The competitive environment in this market is expected to intensify further due to an increase in product/service extensions, technological innovations, and mergers.
A more detailed analysis is available in the Technavio report, Global Chainsaw Market – Market Research Report 2015-2019.
We can customize this reports by other regions and specific segments upon request.
