NEW YORK, April 13, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com has announced the release of its Global Wood Machinery Market Report 2023:
, IMA Schelling Group GmbH, KTCC Woodworking Machinery, Rojek Woodworking Machinery Inc., Cheng Kuang Machinery, Vigano Mario Srl, Linze Woodworking Machinery Co., Daltons Wadkin, Hermance Machine Company and Rilesa.
The global timber machinery market is expected to grow from USD 28.18 billion in 2022 to USD 30.32 billion in 2023 at a Compound Annual Growth Rate (CAGR) of 7.6%. The Russian-Ukrainian war has disrupted the global economy's prospects for recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries led to economic sanctions against many countries, increased commodity prices and supply chain disruptions, inflation of goods and services, and an impact on many markets around the world. The woodworking machinery market is expected to reach USD 39.26 billion by 2027 at a CAGR of 6.7%.
The woodworking equipment market includes sales of thicknessers/thick machines, sanders, chains/chainsaws, chainsaws, grinders/saws, and nail guns. These market values are "factory gate" values, i.e. the prices of goods sold by manufacturers or producers of products to other businesses (including manufacturers, wholesalers, distributors and retailers) or directly to final consumers.
The price of goods in this market includes the related services sold by the producers of the goods.
Woodworking machines are specially designed machines used in workshops to cut, saw, plan or drill wood for furniture production. These machines are generally powered by electric motors or are mechanical and are widely used in woodworking to produce products of small sizes and shapes.
Woodworking machines process raw wood into structural products, including plywood, boards, and beams, for use in construction, shipbuilding, furniture, and other industries.
Asia-Pacific was the largest region in the woodworking machinery market in 2022. North America was the second largest market for woodworking tools.
Regions covered in the Wood Machinery report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of products in woodworking machines are thickeners, chippers, chain or chain punches, milling machines, wood lathes, etc. Planing thicknesses are used to cut wood from planar surfaces to flat and smooth rough surfaces. Reducing their thickness.
Different operating principles include mechanical and electrical and are available through online and offline sales channels. It is applied in various vertical industries including furniture industry, construction industry, etc.
Growing adoption of automatic woodworking tools market is expected to fuel the growth of the woodworking tools market over the forecast period. Increased industry focus on flexibility and highly specialized product offerings has led to increased demand for highly specialized woodworking tools. Method of preparation:
As a result, automation technologies are integrated with traditional woodworking tools. For example, in 2019, the Italian company Biesse Group, which produces wood, glass, stone, advanced materials and metal processing technologies, introduced 5-axis automatic heads. , woodworking devices on the production line, to reduce travel time and improve machining accuracy on the production line.
Thus, the increase in the introduction of automatic woodworking tools contributes to the growth of the woodworking tools market.
Technological advancements are shaping the woodworking tools market. Key companies operating in the woodworking industry are focusing on developing woodworking technology solutions to meet the growing demand in the market.
For example, in April 2020, the German engineering company Walter Helitronic launched the Raptor diamond erosion grinding machine. Helitronic Raptor is equipped with Diamond Fine Pulse technology.
For wood or metal tools, the Helitronic Raptor Diamond offers maximum flexibility. This machine is designed to grind polycrystalline diamonds.
Unlike other Walter machines, the Helitronic Raptor Diamond is not equipped with a wheel/electrode changer, robotic loader or hydraulic tool rack.
Countries covered in the Wood Machinery market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market value is defined as the revenue generated from the sale of goods and/or services in monetary terms (in US dollars, unless otherwise stated) in a given market and region by way of sale, grant or donation.
Geographical revenue is the value of the customer, that is, the revenue earned by firms in a particular geographic market, regardless of where they produce. This does not include resale revenue in the supply chain or as part of other products.
The Woodworking Machinery market research report offers a range of new statistics on the Woodworking Machinery market, including global Woodworking Machinery market size, regional shares, Woodworking Machinery market competitor shares, detailed Woodworking Machinery market segments, market trends and opportunities. reports and any other information you may need to succeed in the woodworking industry. This Holding Machinery Market research report gives you a complete understanding of what you need with an in-depth analysis of the current and future scenario of the industry.
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