1. Forestry Equipment Market Report 2019-2024: Trends, Forecast and Competitive Analysis 1

2. Industry Profiles Snapshot Major ParameterDescription Market Segments by Product Type Felling equipment, extracting equipment, on-site processing equipment, separately sold parts and attachments, and others forestry equipment Market Segments by Power Type Oil power, gas power, and electric power Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name John Deere, Caterpillar, Claas KGaA, Hitachi, Stihl Holding, Ponsse, Husqvarna, Kubota Corporation, CNH Industrial, and Bell Equipment and others. Trend Growth Rate and CAGR4.9% Key Industry Forecast The forestry equipment market is expected to reach an estimated $10.5 billion by 2024 with a CAGR of 4.9% from 2019 to 2024. Key Industry Driver Driver: Increasing demand for round wood in both construction and infrastructure activities. 2

3. Industry Overview Market Size The forestry equipment market is expected to reach an estimated $10.5 billion by 2024 with a CAGR of 4.9% from 2019 to 2024. Emerging trends, which have a direct impact on the dynamics of the forestry equipment market, include introduction of TimberMatic navigation and integration of mobile technology in forestry equipment. Market Size (2024)$10.5 billion CAGR (2019-24)4.9% 3 Industry Performance : Forecast