Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Competitive Landscape

The report presents a detailed analysis of the following key players in the global precision forestry market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Deere & Company
  • Ponsse PLC 
  • Tigercat International Inc.
  • Rottne Industri AB
  • Treemetrics Ltd.
  • Komatsu Forest
  • Sampo-Rosenlew Oy
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Precision Forestry Market Report Snapshots

Precision Forestry Market Size

Precision Forestry Market Analysis

Precision Forestry Companies

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global precision forestry market attained a value of more than USD 5.14 billion.

The market is projected to grow at a CAGR of 8.7% between 2024 and 2032.

The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach a value of over USD 10.90 billion by 2032.

The major drivers of the market include advancements in forestry mechanisms, rising demand for forest products, and increasing adoption of CTL-based harvesting technology.

The growing support by various governments for the adoption of modern forestry technologies, increasing affordability of advanced monitoring and surveillance technology, and rising demand for wood in various industries are the key trends propelling the market growth.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The various components of precision forestry in the market are services, software, and hardware.

The technologies of precision forestry in the market include CTL, geospatial, and fire detection.

The major applications of precision forestry are genetics and nurseries, silviculture and fire management, harvesting management, and inventory and logistics management.

The major players in the global precision forestry market are Deere & Company, Ponsse PLC, Tigercat International Inc., Rottne Industri AB, Treemetrics Ltd., Komatsu Forest, and Sampo-Rosenlew Oy, among others.

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