According to the latest report by IMARC Group, titled, “Chainsaw Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global chainsaw market is expected to exhibit a CAGR of 4.6% during 2022-2027.
Chainsaw is a compact, portable and handheld mechanical device designed for cutting wood and wood-related products. This machine cuts with a set of teeth attached to a rotating chain that runs along a guide bar which is connected to a small cylinder for gasoline or battery sources. Some of the common product variants available in the market include a battery-powered chainsaw, electric chainsaw, and gas-powered chainsaw. It is widely used for furniture manufacturing, infrastructure remodeling, pulp production and various construction activities across the residential, commercial and industrial sectors.
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Chainsaw Market Trends and Drivers:
Rapid urbanization, along with the rising deforestation rate for infrastructural development, are currently propelling the market growth. Furthermore, elevating consumer living standards have led to the growing demand for wood-based flooring, panels, roofing, etc., are augmenting the utilization of chainsaws in furniture manufacturing applications. Additionally, a significant growth in the hospitality industry is also catalyzing the demand for chainsaws in the installation of various types of hardwoods to provide high durability and enhanced aesthetics. Besides this, the implementation of stringent government policies pertaining to labor safety to prevent mishaps and injuries has escalated the need for compact and lightweight product variants. Moreover, the changing consumer inclination from traditional gasoline-based chainsaws towards eco-friendly substitutes, such as battery-based and electric chainsaws, will continue to drive the market further in the upcoming times.
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Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- Hitachi Ltd.
- Robert Bosch GmbH
- Husqvarna Group
- Makita U.S.A. Inc. (MAKITA Corporation)
- Andreas Stihl AG & Co. KG.
- Remington Power Tools
- Stanley Black & Decker Inc.
- Blount International Inc.
- Briggs & Stratton Corporation
- Zhejiang Zomax Garden Machinary Co. Ltd. (Zomax Group).
Chainsaw MarketReport 2022-2027 Competitive Analysis and Segmentation:
The report has segmented the market based on product type and application.
Breakup by Product Type:
- Gas-Powered
- Electric and Battery Powered
Breakup by Application:
- Residential Construction
- Commercial and Industrial Construction
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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