by The global Chainsaw Market is estimated to be valued at US$ 4.22 Billion in 2023 and is expected to exhibit a CAGR of 5.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Chainsaws are power tools commonly used to cut wood. Compared to conventional saws, chainsaws allow faster cutting through log pieces and branches. They are widely used for logging, land clearing, pruning, and fire prevention.
Market key trends:
One of the key trends in the chainsaw market is the growing popularity of cordless chainsaws. Technological advancements have enabled manufacturers to develop chainsaws that run on rechargeable lithium-ion batteries without the need for a power cord. Cordless chainsaws offer more mobility and flexibility compared to gas-powered chainsaws. They produce less noise, vibration, and exhaust emissions, making them an environment-friendly alternative. Moreover, battery-powered tools have gained widespread acceptance across industries due to their convenience and ease of use over corded tools. One of the key trends in the chainsaw market is the increasing demand for cordless chainsaws. Cordless chainsaws are gaining popularity due to their ease of use as compared to traditional gasoline-powered chainsaws. They are lighter in weight, produce less noise and vibration, and do not require mixing of gas and oil. Leading players like Stihl and Husqvarna have introduced a wide range of cordless chainsaw models with lithium-ion batteries that provide sufficient run time and power.
SWOT Analysis
Strengths: Chainsaws offer high efficiency and productivity for cutting wood. They are also cost-effective for large-scale commercial logging.
Weaknesses: Gasoline-powered chainsaws produce significant noise and air pollution. Traditional chainsaws require regular maintenance and are heavier to handle.
Opportunities: Growing demand for wood and wood products is driving the need for chainsaws. Technological advancements in battery technology are boosting the demand for cordless chainsaws.
Threats: Stringent emissions regulations on gasoline engines can hamper the sales of traditional chainsaws. Sustainability concerns due to deforestation also pose a threat.
Key Takeaways
The Global Chainsaw Market Size is expected to witness high growth, exhibiting CAGR of 5.3% over the forecast period, due to increasing demand for wood and wood products from the construction and furniture industries. The market size for 2023 is estimated to be US$ 4.22 Bn.
Regional analysis: North America dominates the global chainsaw market currently due to widespread commercial forestry activities in Canada and the US. Europe is another major market for chainsaws owing to significant logging operations in countries like Sweden, Finland and Germany. Asia Pacific is expected to exhibit the fastest growth over the coming years led by China, India and Indonesia.
Key players operating in the chainsaw market are Husqvarna Group, Stiga, Stihl, Robert Bosch, Oregon Tools, Active, Al-Ko Kober, Einhell Germany, Cobra, Emak Group. Husqvarna, Stihl and Maverick are some of the global brands with wide product portfolio and sales network.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemicals and materials, defense and aerospace, consumer goods, etc.
