Global Log Splitters Market Size study & Forecast, by Type (Electric, Hydraulic, Gas Splitters, Gasoline Engine, and Diesel Engine) and Application (Domestic, Industrial, and Others) and Regional Analysis, 2022-2029

Global Log Splitters Market Size study & Forecast, by Type (Electric, Hydraulic, Gas Splitters, Gasoline Engine, and Diesel Engine) and Application (Domestic, Industrial, and Others) and Regional Analysis, 2022-2029

Global Log Splitters Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Log Splitters are parts of machinery used to split large wood chunks into smaller parts of firewood. It can be used by both consumers and companies. A plunger forces the wood towards a moving or stationary separating wedge in a log splitter. The plunger then moves the wood piece through the wedge, to split the wood into two piece. The increasing demand for wood products and growing firewood demand in the colder region are key factors driving the market growth.

The increasing demand for wood products is contributing towards the growth. For instance – as of 2023, revenue in the worldwide furniture market is estimated at USD 770 billion, and the market is expected to grow annually by a CAGR of 5.31% between 2023 and 2027 to reach USD 947.04 billion by end of 2027. Also, the growing emergence of electric log splitters and technological advancement in log splitter would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Log Splitters stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Log Splitters Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players and increasing demand for firewood in the region. Whereas Europe is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising usage of firewood due to the cold environment and the growing adoption of electric portable log splitters in the region.

Major market player included in this report are:
Powerhouse Log Splitters
WEN Products
Boss Ltd
Powrkraft Ltd
Yardmax Power Equipment, Inc.
Northern Tool + Equipment
Champion Power Equipment
Swisher Inc.
MAT Engine Technologies, LLC
Frictionless World LLC.

Recent Developments in the Market:
In, 2020 - MAT Industries, LLC, has acquired certain assets of Campbell Hausfeld, a manufacturer of consumer, industrial and commercial grade air compressors and associated pneumatic air tools and accessories.

Global Log Splitters Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type
Electric
Hydraulic
Gas Splitters
Gasoline Engine
Diesel Engine
By Application
Domestic
Industrial
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Powerhouse Log Splitters
WEN Products
Boss Ltd
Powrkraft Ltd
Yardmax Power Equipment, Inc.
Northern Tool + Equipment
Champion Power Equipment
Swisher Inc.
MAT Engine Technologies, LLC
Frictionless World LLC.

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