Overview:

The global chainsaw market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Chainsaw is an ideal tool for chopping and cutting wood. The chainsaw tool is portable and can easily be carried to cut down wood, tree or annoying branches of tree.

Market Dynamics:

Increasing adoption of wood in the commercial construction applications, including flooring, wall, and roof designing is in turn generating huge demand for chainsaw and is a key factor driving growth of the global market. The modern chainsaw has proven to be one of the most beneficial tools in the forestry and logging industry. High-powered chainsaw tools are used in the limbing, size-up, felling, brushing and slashing of the trees and branches. This all factors expected to support growth of the target market in the near future.

In addition, rising income level of individual across the globe is resulting in growing demand for furniture in residential and commercial sector. This is fuelling growth of the target market globally. Additionally, the demand for fancy furniture is growing, which in turn expected to drive growth of electrically driven chainsaw market in the near future.

However, rising cost of technologically advanced chainsaw tools is expected to hamper growth of the target market to a certain extent.

Key Trends:

Rising focus on development of technologically advanced chainsaw tools is a key trend observed in the target market and is expected to propel growth of the global market. For instance, many key players has developed sensible chainsaw tools, which can sense the finger, hand or any body part if comes in front of blade and automatically stops the chainsaw machine.

Regional Analysis:

For detailed understanding of market dynamics, the global market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently the North America region holds significant revenue share in the global chainsaw market, owing to high market penetration and high utilization of wood in the construction sector. The Europe region expected to hold second position in terms of market value in the global market followed by Asia Pacific region. However, countries in Asia Pacific region are expected to witness highest growth over the forecast period.

Scope of the Report:

Detailed Segmentation:

Global Chainsaw Market, By Type:

• Fuel Operated
• Electric Operated

Global Chainsaw Market, By Application:

• Commercial
• Residential

Key Players Covered:

Key players operating in the market includes, Alfred Karcher SE & Co. KG, Husqvarna AB, ANDREAS STIHL AG & Co. KG, Koki Holdings Co. Ltd., Lowes Companies Inc., Robert Bosch GmbH, Makita Corp., Stanley Black & Decker Inc., Zhejiang Zomax Garden Machinery Co. Ltd., and Techtronic Industries Co. Ltd.

Key features of the study:

Foresight Market Research provides detailed analysis on global market in our report- Global Chainsaw Market by type, application, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global chainsaw market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.