Sawmill Machinery Market
Sawmill Machinery Market
The market for Sawmill Machinery was estimated at $1.75 billion in 2024; it is anticipated to increase to $2.5 billion by 2030, with projections indicating growth to around $3.3 billion by 2035.
Global Sawmill Machinery Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Sawmill Machinery market is projected to grow from $1.8 billion in 2024 to $3.1 billion in 2034. This represents a CAGR of 5.9%, reflecting rising demand across Log Material Processing, Waste Material Management and Lumber Resizing.
- Norwood Sawmills, Wood-Mizer, TimberKing are among the leading players in this market, shaping its competitive landscape.
- U.S. and Canada are the top markets within the Sawmill Machinery market and are expected to observe the growth CAGR of 3.8% to 5.7% between 2024 and 2030.
- Emerging markets including Indonesia, Malaysia and Chile are expected to observe highest growth with CAGR ranging between 6.8% to 8.1%.
- Transition like Automation Revolution is expected to add $200.0 million to the Sawmill Machinery market growth by 2030
- The Sawmill Machinery market is set to add $1.4 billion between 2024 and 2034, with manufacturer targeting Re-sawing & Ripping Applications projected to gain a larger market share.
- With Industry expansion in emerging economies, and Technological innovations in sawmill machinery, Sawmill Machinery market to expand 77% between 2024 and 2034.
Opportunities in the Sawmill Machinery
The increasing worries about the environment have brought attention to eco sawmill equipment lately. Companies are now transitioning towards technologies with the goal of cutting down carbon emissions and reusing waste. Systems that focus on energy efficiency and waste recycling, in sawmill operations hold market opportunities.
Growth Opportunities in North America and Asia-Pacific
North America Outlook
Asia-Pacific Outlook
Market Dynamics and Supply Chain
Driver: Industry Expansion in Emerging Economies, and Increasing Sustainability Practices in Wood Industries
Restraint: High Capital Investment
Opportunity: Strategic Collaborations to Expand Geographical Footprint and Transition to Automated Sawmill Machinery
Challenge: Regulatory Stringencies
Supply Chain Landscape
Steel Dynamics
Nucor Corporation
Siemens
Mitsubishi Heavy Industries
Wood-Mizer
Norwood Sawmills
Weyerhaeuser
West Fraser Timber Co. Ltd
Steel Dynamics
Nucor Corporation
Siemens
Mitsubishi Heavy Industries
Wood-Mizer
Norwood Sawmills
Weyerhaeuser
West Fraser Timber Co. Ltd