The Chainsaws Global Market Report 2023, provides comprehensive information on the chainsaws market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Chainsaws Global Market Report 2023, the market size is expected to grow from $3.95 billion in 2022 to $4.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global chainsaws market size is expected to reach $6.37 billion in 2027 at a CAGR of 10.3%.
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Innovative chainsaw models with advanced technology are a key trend gaining popularity in the chainsaw market. Companies operating in the chainsaw market are introducing technologically advanced features in new models to sustain their position in the market. For instance, in May 2023, Husqvarna Group, a Sweden-based industrial equipment company, launched the T540 XP Mark III, a professional-grade chainsaw designed for tree care professionals and arborists and equipped with Auto-Tune 3.0 technology. AutoTune 3.0 technology offers simple start capabilities and ensures optimal performance even in challenging conditions. With this technology, users can follow the same starting procedure regardless of the temperature without the risk of engine flooding. Additionally, the X-Torq engine design provides impressive power output, while LowVib technology helps reduce handling vibration. These features enhance the user experience and enable more efficient and effective use of chainsaws in forestry and other industries.
The chainsaws market is segmented:
1) By Product Type: Gas Powered, Electric Corded, Cordless
2) By Bar Length Type: Below 16 Inch, 16-18 Inch, Above 18 Inch
3) By Distribution Type: Online, Offline
4) By Application: Commercial, Residential
5) By End Use: Tree Felling, Bucking, Pruning, Wood Carving, Ice Sculpting, Construction, Other End Uses
North America was the largest region in the chainsaws market in 2022.
The table of contents in TBRC’s chainsaws market report includes:
- Executive Summary
- Chainsaws Market Characteristics
- Chainsaws Market Trends And Strategies
- Chainsaws Market – Macro Economic Scenario
- Chainsaws Market Size And Growth
.
- Chainsaws Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Chainsaws Market
- Chainsaws Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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