Chainsaw Market (By Type: Fuel Operated and Electric Operated; By Application: Commercial and Residential) - Global Industry Analysis, Market Size, Share, Growth, Trends, Regional Outlook and Forecasts, 2021 - 2030


The global chainsaw market size is expected to be worth around US$ 5,010.5 million by 2030 from US$ 3484.3 million in 2020, at a CAGR of 3.5% during the forecast period 2021 to 2030.

Chainsaw Market Size 2017-2030

Key market Insights:

Increasing adoption of chainsaw for the various emerging applications is projected to offer profitable growth prospects for the players in market. Rapid industrialization across the emerging economies is encouraging key operating players in the global industry to invest into the target industry. Further, on-going technological development of chainsaw are supporting to the industry growth. Moreover, in the leading countries, growth in the adoption of electrical vehicles and growing construction sector are enhancing adoption of chainsaw which is expanding industry. Likewise, evolving nations worldwide are concentrating on growing chainsaw industry to provide chainsaws to the end use sectors.

Crucial factors accountable for market growth are:

  • Increasing demand for construction activities and furniture manufacturing
  • Growing deforestation because of speedy urbanization
  • Escalating demand for the commodities in developing economies

COVID-19 Impact on Global Chainsaw Market

The COVID-19 explosion has had an impact on most of the world's primary markets. The effect of COVID-19 on the target market is adverse. North America is the largest chainsaw market, but supply and demand for the chainsaw has decreased with the spread of coronavirus and lockout situations in the U.S.Because of COVID-19, instability of the supply chain, volatility in the supply of raw materials, inadequate manpower in the manufacturing facility and low demand for end-use customers have hindered the growth of the target industry in developed and developing economies worldwide. COVID-19, however, is increasingly resolving the situation and most companies are beginning their facilities at maximum capacity.

Future of Global Chainsaw Market

Main target-industry firms, such as Alfred Kärcher SE & Co. KG Firm, Koki Holdings Co. Among others focuses on business growth by implementing strategies such as advanced product launches, capacity expansion, and heavy production investments in their facilities that are expected to flourish in the near future with the global chain-saw market growth. In the next 10 years, this trend is projected to continue and to increase the growth of the global chainsaw industry. In addition, demand for chainsaw furniture and construction sectors is boosting the growth of the chainsaw in the coming years.

Report Highlights Details
Market Size US$ 5,010.5 Million by 2030
Growth Rate CAGR of 3.5% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned ANDREAS STIHL AG & Co. KG, Alfred Kärcher SE & Co. KG, Koki Holdings Co. Ltd., Husqvarna AB, Zhejiang Zomax Garden Machinery Co. Ltd., Makita Corp., Robert Bosch GmbH, Lowes Companies Inc., Techtronic Industries Co. Ltd., Stanley Black & Decker Inc.

 

Segment Analysis:

Fuel Operated segment is estimated to take over the Type Segment of Chainsaw Market Revenue

Fuel powered chainsaws are the most preferred chainsaws for huge tree cutting purposes owing to its high power output. These chainsaws are powered by the fuels including gas, petrol, etc. Fuel powered chainsaws offers some benefits over electric operated chainsaw including ability to cut large trees and branches, offers great power along with cutting speed. Decreasing price of gasoline, increasing global population are major factors creating huge demand for the fuel powered chainsaws worldwide.

Commercial Segment Is Foreseen To Lead the Application Segment of Chainsaw Market By Revenue

The commercial segment is dominant in terms of revenue during the forecast period of time. Increasing adoption of wood in the commercial construction applications, including flooring and wall & roof designing is in tern creating huge demand for chainsaw and driving growth of the segment. The modern chainsaw has proven to be one of the most beneficial tools in the forestry and logging industry. High-powered chainsaw’s are used in the lambing, size-up, felling, brushing and slashing of the trees and branches. Fuel-powered chainsaw is widely used in the commercial applications. Additionally, chainsaw is also used in the ice carvings. All above factors are boosting growth of the segment.

North America is projected to be the Biggest Market for Chainsaw

The research study deals with the industry prospects of chainsaw products around regions including Europe, North America, Latin America, Asia-Pacific, and Middle East and Africa. Chainsaw market is taken by North America owing to developing demand for chainsaws in the furniture and construction sectors of the region, particularly in the U.S. of the North America. Asia Pacific is likely to list the noteworthy CAGR, on account of enormous share in the commercial construction markets players.

Global Chainsaw Market 2021-2030

Top Players contending in the Market:

The companies focusing on research and development are expected to lead the global chainsaw market. Leading competitors contending in global chainsaw market are as follows:

  • ANDREAS STIHL AG & Co. KG
  • Alfred Kärcher SE & Co. KG
  • Koki Holdings Co. Ltd.
  • Husqvarna AB
  • Zhejiang Zomax Garden Machinery Co. Ltd.
  • Makita Corp.
  • Robert Bosch GmbH
  • Lowes Companies Inc.
  • Techtronic Industries Co. Ltd.
  • Stanley Black & Decker Inc.

For the better understanding the recent situation of the global market and for most policies of the country, Precedence Research forecast the future evolution of the target industry. This research study offers qualitative and measureable insights on global market and valuation of market size and development trends for global market segments.

Key Market Developments:

  • In year 2017, Husqvarna a leading player in the target industry introduced next generation 70cc chainsaw series, led by the 572 XP and produced in the Sweden. The fresh generation 550 XP MarkII as well as545 Mark II are another range of newly launched products by Husqvarna.

Major Market Segments Covered:

By Type

  • Fuel Operated
  • Electric Operated

By Application

  • Commercial
  • Residential

By Geography

  • North America
      • U.S.
      • Canada
  • Europe
      • Germany
      • France
      • United Kingdom
      • Rest of Europe
  • Asia Pacific
      • China
      • Japan
      • India
      • Southeast Asia
      • Rest of Asia Pacific
  • Latin America
      • Brazil
      • Rest of Latin America
  • Middle East & Africa (MEA)
      • GCC
      • North Africa
      • South Africa
      • Rest of Middle East & Africa
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Frequently Asked Questions

What is the current size of the global chainsaw market?
The global chainsaw market size accounted at US$ 3484.3 million in 2020 and is expected to hit US$ 5,010 million by 2030.
The global chainsaw market is expected to reach at a CAGR of 3.5% from 2021 to 2030.
On the basis of type, fuel operated segment registered for the chief revenue with noteworthy share in 2020.
In 2020, North America dominated the global market with a market share of more than 30%.
Based on application segment, commercial segment estimated for the largest revenue with significant share in 2020.
The major companies functioning in the global chainsaw market are ANDREAS STIHL AG & Co. KG, Alfred Kärcher SE & Co. KG, Husqvarna AB, Zhejiang Zomax Garden Machinery Co. Ltd. Makita Corp. Koki Holdings Co. Ltd. Lowes Companies Inc, Robert Bosch GmbH. Techtronic Industries Co. Ltd. Stanley Black & Decker Inc. among others.
Increasing demand for the chain saws in the construction industry and growing construction sectors are among major factors expected to fuel growth the target market during the year of forecast 2021-2030.

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