Key vendors to focus on product and design innovation during the forecast period.
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five vendors for the global chainsaw market in their latest research report. This report also lists 10 other prominent vendors who are expected to contribute to this market’s growth between 2017-2021.
Competitive vendor landscape
The global chainsaw market is projected to undergo substantial growth over the next four years. The market is characterized by the presence of vendors who compete on terms of parameters like equipment safety, power, weight, ergonomic design, environmental sustainability, price, and ease of maintenance. Vendors in the market space emphasize on improvement of product technology and designs to gain market shares.
According to Abhay Sinha, a lead analyst at Technavio for research on agricultural equipment, “Majority of the vendors in the market are currently focusing on improving the safety features of chainsaws. They are increasingly incorporating features such as the chain break option, which enables the operator to stop the chainsaw immediately.”
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Top five vendors in the chainsaw market space
Hitachi
Hitachi specializes in power tools, outdoor power equipment, and life science instruments. Under its outdoor power equipment segment, the company provides trimmers, brush cutters, blowers, mowers, drills, augers, and chainsaws. The company offers around 50 chainsaw models through its Hitachi and Tanaka brands.
Key products: Gas chainsaws and Electric chainsaws.
Husqvarna Group
Husqvarna Group engages in the manufacture of outdoor power products for forests, parks, and gardens. Its wide product portfolio includes trimmers, robotic lawn mowers, and ride-on lawn mowers. The company sells its products through various retailers and dealers in more than 100 countries worldwide
Key products: Gas chainsaws and Electric chainsaws.
Makita U.S.A.
Makita U.S.A. specializes in designing, developing, and manufacturing power tools, and sells its products in more than 40 countries. The company manufactures its products in 10 manufacturing facilities in eight countries. It provides various tools for drills, fastening, woodworking, metal working, polishing, and sawing purposes.
Key products: Gas chainsaws, Corded electric chainsaws, and Cordless electric chainsaws.
Robert Bosch
The company specializes in developing innovative products for mobility solutions, industrial technology, consumer goods, and energy and building technology. The company has more than 450 subsidiaries, and regional companies in around 60 countries worldwide.
Key products: Corded electric chainsaws and Cordless electric chainsaws.
STIHL
STIHL offers outdoor power equipment for the forestry, agriculture, landscaping maintenance, and construction industries. It has authorized dealers in more than 150 countries worldwide, through which it sells different appliances.
Key products: Gas chainsaws, Corded electric chainsaws, and Cordless electric chainsaws.
A more detailed analysis is available in the Technavio report, Global Chainsaw Market 2017-2021. Technavio also customizes reports by other regions and specific segments upon request.
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