The Forestry Machinery Global Market Report 2023, provides comprehensive information on the forestry machinery 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. Learn More On The Forestry Machinery Market’s Growth: As per The Business Research Company’s Forestry Machinery Global Market Report 2023, the global forestry machinery market size is expected to grow from $8.47 billion in 2022 to $9.03 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. 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 forestry machinery market size is expected to reach $11.23 billion in 2027 at a CAGR of 5.5%. Get A Free Sample Of The Report (Includes Graphs And Tables): Product innovations are a key trend gaining popularity in the forestry machinery market. Major companies in the forestry machinery market are introducing innovative products to sustain their position in the market. For instance, in September 2022, Komatsu Ltd., a Japan-based manufacturing company, launched PC230F-11 forestry processor, a new swing machine for timber processing. It is intended for use in heavy-duty timber delimbing, chopping, and stacking operations. With this powerful swing system, large trees may be moved more easily. The machine is powered by a 197-horsepower Komatsu Tier 4 Final engine, which uses less gasoline than the previous Tier 4 Interim engines. It also has double the fuel capacity. Komatsu created greater storage capacity for tools, oil, and chains by relocating the fuel tank to the counterweight. Additionally, the processor includes auto power max, which automatically adjusts to sudden changes in load weight by raising power in 7-second bursts for trimming branches while cutting through trees. The forestry machinery market is segmented: 1) By Type: Feller Bunchers, Harvester, Skidders, Loaders, Forwarders, Grapples, Felling Heads, Harvesting Heads, Yarders, Other Types 2) By Operation: Diesel, Electrical Hybrid 3) By Sales: Used Units, New Units Europe was the largest region in the forestry machinery market in 2022. The table of contents in TBRC’s forestry machinery market report includes: 1. Executive Summary 2. Forestry Machinery Market Characteristics 3. Forestry Machinery Market Trends And Strategies 4. Forestry Machinery Market - Macro Economic Scenario 5. Forestry Machinery Market Size And Growth . . . 26. Africa Forestry Machinery Market 27. Forestry Machinery Market Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions In The Forestry Machinery Market 29. Forestry Machinery Market Future Outlook and Potential Analysis 30. Appendix Top Major Players: Deere And Company Komatsu Ltd Barko Hydraulics LLC Tigercat International Inc Caterpillar Inc Learn About Us: 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. Contact Us:  The Business Research Company  Europe: +44 207 1930 708 Asia: +91 88972 63534 Americas: +1 315 623 0293 Email: Follow Us On: LinkedIn: Twitter: Facebook: YouTube: Blog: Healthcare Blog: Global Market Model: