Chainsaw Market
Chainsaw Market
The market for Chainsaw was estimated at $4.30 billion in 2024; it is anticipated to increase to $5.6 billion by 2030, with projections indicating growth to around $7.1 billion by 2035.
Global Chainsaw Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Chainsaw market is projected to grow from $4.3 billion in 2024 to $6.7 billion in 2034. This represents a CAGR of 4.6%, reflecting rising demand across Landscaping and Tree Felling, Art and Sculpture and Forestry and Firefighting.
- STIHL Inc, Husqvarna Group, Makita U.S.A operate as leading market participants which determine the competitive dynamics of this sector.
- U.S. and Germany are the top markets within the Chainsaw market and are expected to observe the growth CAGR of 3.2% to 4.2% between 2024 and 2030.
- Emerging markets including Vietnam, Nigeria and Indonesia are expected to observe highest growth with CAGR ranging between 5.1% to 6.4%.
- The Chainsaw market will receive a $300.0 million boost from Transition like Transition Towards Battery-Powered Chainsaws during the 2030 period.
- The Chainsaw market is set to add $2.4 billion between 2024 and 2034, with manufacturer targeting Residential Use & undefined Usage/Application projected to gain a larger market share.
- With Growth in the construction industry, and Increasing forestry maintenance activities, Chainsaw market to expand 57% between 2024 and 2034.
Opportunities in the Chainsaw
The chainsaw sector could see benefits from incorporating IoT technology into its operations such as boosting efficiency and safety measures while also enhancing product offerings and user experiences through real time data collection and predictive maintenance capabilities This tech has the potential to revolutionize the chainsaw market and create new profitable avenues, for manufacturers.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Growth in the Construction Industry, and Technological Advancements in Chainsaw
Restraint: Stringent Government Regulations
Opportunity: Growing Urban Green Spaces and Eco-Friendly Chainsaws
Challenge: Intense Market Competition
Supply Chain Landscape
Steel Dynamics
Alcoa Corporation
Hitachi
Bosch
Husqvarna
Stihl
Home Depot
Lowe's
Steel Dynamics
Alcoa Corporation
Hitachi
Bosch
Husqvarna
Stihl
Home Depot
Lowe's