Chainsaw Market Scope
A chainsaw is a piece of portable cutting equipment used for cutting limbing, bucking, pruning, cutting firebreaks, tree felling, and others. The chainsaw is based on gas, petrol, gasoline, and batteries. Increasing urbanization and population across the globe demand more land results in increasing deforestation across the globe. Thus, increasing population and urbanization can be considered the major driver for the market. Additionally, the emergence of the electric chainsaw and cordless chainsaws, and continuously increasing demand for palm oil, soybeans, and wood products across the globe are the factors that have been supplementing the overall growth of the market.
According to AMA, the Global Chainsaw market is expected to see growth rate of 4.99%Vendors are also raising awareness about eco-friendly tools, which is driving sales globally. Companies are constantly striving to give better solutions to their customers through innovation and R&D. The market is being driven internationally by various advances in product releases and the company's innovation initiatives. The market is characterized by product introductions by numerous companies.The Manufacturers having a strong hold in the market are Makita U.S.A., STIHL, Hitachi, Zhejiang Zomax Garden Machinery, STANLEY Infrastructure. Research Analyst at AMA estimates that European and United States Manufacturers will contribute to the maximum growth of Global Chainsaw market throughout the predicted period.
Makita U.S.A. (United States), STIHL (Germany), Hitachi (Japan), Zhejiang Zomax Garden Machinery Co., Ltd. (China), STANLEY Infrastructure (United States), Blount International, Inc. (United States), Robert Bosch GmbH (Germany), Husqvarna Motorcycles (Sweden), Remington Arms (United States) and ECHO INCORPORATED (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Briggs & Stratton (United States) and CRAFTSMAN (United States).
Segmentation Overview
The study have segmented the market of Global Chainsaw market by Type (Gas Chainsaw, Petrol/Gasoline Chainsaws and Battery Powered Chainsaws), by Application (Commercial and Non-commercial) and Region with country level break-up.
On the basis of geography, the market of Chainsaw has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rising Popularity for Cordless Chainsaws Due to Ease Of Use
Market Growth Drivers:
Growing Demand from Increasing Deforestation Activities as Rising Demand for Commodities and Increasing Demand due to the Emergence of Electric Chainsaw and Cordless Chainsaws
Challenges:
Continuously Increasing Demand for Palm Oil, Soybeans, and Wood Products across the Globe and Increasing Population and Urbanization Demands more Land results in Deforestation
Restraints:
Strict Government Policies for Deforestation across the Globe and Presence of Substitute with some Advantages over Chainsaw
Opportunities:
Continuously Increasing Demand for Palm Oil, Soybeans, and Wood Products across the Globe and Increasing Population and Urbanization Demands more Land results in Deforestation
Market Leaders and their Expansionary Development Strategies
In 2019, Hitachi has announced its completion of the acquisition. The company had acquired JR Automation in approximately USD 1.43 billion. However, JR Automation leader in manufacturing custom automation equipment.
In 2017, Husqvarna has announced its new launch of a chainsaw, the new launch will replace bigger pro chainsaw. The key highlights of the product include petrol based chainsaw, can cut big trees on a daily basis. The new launch of the company can create new opportunities for the company in the operating market.
Key Target Audience
Chainsaw Manufacturers, Raw Material Suppliers, Suppliers and Distributors, Government Association and Agencies, Private Research Organization, Potential Investors and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.