Wood Chipper Market Report: Trends, Forecast and Competitive Analysis to 2030

Wood Chipper Market Report: Trends, Forecast and Competitive Analysis to 2030

Wood Chipper Trends and Forecast

The future of the global wood chipper market looks promising with opportunities in the construction, forestry & biomass, paper & pulp, and timber factories & sawmills markets. The global wood chipper market is expected to reach an estimated $513.3 million by 2030 with a CAGR of 3.1% from 2024 to 2030. The major drivers for this market are wood chippers' technological improvements and the rising acceptance of electric devices, rapid growth of the construction and pulp & paper industries across the globe, as well as, increasing use of organic mulch for gardening, landscaping, ecological restoration, and mushroom cultivation substrate.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Wood Chipper by Segment

The study includes a forecast for the global wood chipper by product type, fuel type, capacity, end use, and region.

Wood Chipper Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Disc Type
• Drum Type
• Screw Type

Wood Chipper Market by Fuel Type [Shipment Analysis by Value from 2018 to 2030]:

• Diesel Engine
• Petrol Engine
• Electric Driven

Wood Chipper Market by Capacity [Shipment Analysis by Value from 2018 to 2030]:

• 10-250 Kg/Hr
• 250-3000 Kg/Hr
• 3000-10000 Kg/Hr
• Above 10000 Kg/Hr

Wood Chipper Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Construction
• Forestry & Biomass
• Paper & Pulp
• Timber Factories & Sawmills
• Others

Wood Chipper Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Wood Chipper Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wood chipper companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wood chipper companies profiled in this report include-

• Terex, Morbark
• Bandit
• Vermeer
• Patriot Products
• Avant Tecno Oy
• Bruks
• Siwertell
• Bugnot 52
• Crary Industries
• Wajax

Wood Chipper Market Insights

Lucintel forecasts that drum type will remain the largest segment over the forecast period because the drum wood chippers are becoming more and more popular in a variety of industries, which can be linked to their longevity, low maintenance costs, and ease of use.

North America will remain the largest region over the forecast period due to rapid infrastructural development, existence of leading players, and rising popularity of electric equipment in the region.

Features of the Global Wood Chipper Market

Market Size Estimates: Wood chipper market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Wood chipper market size by product type, fuel type, capacity, end use, and region in terms of value ($B).

Regional Analysis: Wood chipper market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, fuel type, capacity, end use, and regions for the wood chipper market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wood chipper market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the wood chipper market size?

Answer: The global wood chipper market is expected to reach an estimated $513.3 million by 2030.

Q2. What is the growth forecast for wood chipper market?

Answer: The global wood chipper market is expected to grow with a CAGR of 3.1% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the wood chipper market?

Answer: The major drivers for this market are wood chippers' technological improvements and the rising acceptance of electric devices, rapid growth of the construction and pulp & paper industries across the globe, as well as, increasing use of organic mulch for gardening, landscaping, ecological restoration, and mushroom cultivation substrate.

Q4. What are the major segments for wood chipper market?

Answer: The future of the global wood chipper market looks promising with opportunities in the construction, forestry & biomass, paper & pulp, and timber factories & sawmills markets.

Q5. Who are the key wood chipper market companies?

Answer: Some of the key wood chipper companies are as follows:

• Terex, Morbark
• Bandit
• Vermeer
• Patriot Products
• Avant Tecno Oy
• Bruks
• Siwertell
• Bugnot 52
• Crary Industries
• Wajax

Q6. Which wood chipper market segment will be the largest in future?

Answer: Lucintel forecasts that drum type will remain the largest segment over the forecast period because the drum wood chippers are becoming more and more popular in a variety of industries, which can be linked to their longevity, low maintenance costs, and ease of use.

Q7. In wood chipper market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rapid infrastructural development, existence of leading players, and rising popularity of electric equipment in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the wood chipper market by product type (disc type, drum type, and screw type), fuel type (diesel engine, petrol engine, and electric driven), capacity (10-250 kg/hr, 250-3000 kg/hr, 3000-10000 kg/hr, and above 10000 kg/hr), end use (construction, forestry & biomass, paper & pulp, timber factories & sawmills, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?