Forest Harvester Market Report 2023

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GLOBAL FOREST HARVESTER MARKET REPORT 2023
Global,Regional,CountryAnalysis
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INTRODUCTION
Forest harvester is heavy type of vehicle or
machine used to cut-to-length logging operations
for felling, delimbing, bucking trees. Forest
harvester is employed together with forwarder
used in road side landing. Harvesters are built
on a robust all-terrain vehicle, either wheeled,
tracked, or on a walking excavator. Forest
harvester types include wheeled and tracked
harvester. Forest harvesters are used in varied
application such as final felling, energy wood
harvesting, wet areas, steep slope processing,
thinning.
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KEY INSIGHTS
MARKET SIZE 1,953.82 Million
2023
CAGR 4.47
2023- 2030
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REVENUE MARKET SHARE BY SEGMENTS 2022
Wheeled Harvesters USD 616.64 Million
Type Segment
Harvesting USD 1,020.02 Million
Application Segment
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Global Forest Harvester Market Revenue share for
2022
North America USD 778.99 Million
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Rise in the construction industry and use of wood
products
Drivers
Growing environment-related stringent regulations
Restraints
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AUTHOR'S PERSPECTIVE

• The Global Forest Harvester Market revenue in
  2016 USD 1,241.56 Million
• CAGR from 2021-2028 is expected to be 4.47
• Based on Type segment, the market is segmented
  into Wheeled Harvesters, and Tracked Harvesters
• Tracked Harvesters accounted for largest share of
  total revenue generated in 2019
• Harvesting, Processing, and Debarking are
  applications of Forest Harvester market. In terms
  of revenue, Harvesting held maximum share of
  Forest Harvester market in 2019.

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KEY PLAYERS
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