According to new research from Future Market Insights, the growth of the European wood-based energy equipment market is mainly driven by the construction and assembly (FMI) sector. The European wood energy equipment market is expected to reach $363.9 million in 2030, with Germany, the United Kingdom and France leading the way.
According to the report, the European Union is stepping up its efforts to prevent climate change and reduce its carbon footprint, and the European forest industry is investing in legislation to support sustainable forest resources for native and imported timber. Indirect influence. . Impact on wood industry enterprise prices and sales of related power tools.
According to the report, to expand the market, market participants can focus their offerings on repair, refurbishment and maintenance applications.
The wood and furniture trade is the fifth largest industrial sector in Europe, bringing billions of euros to the local economy, according to the Confederation of European Wood Industries.
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Original research
- Planar appliances will be very popular in the furniture industry before 2030.
- Cordless woodworking power tools will remain profitable over the forecast period, fueled by DIY demand and ease-of-use benefits.
- Tradesmen such as carpenters, bricklayers and carpenters are in great demand.
- Online sales are expected to show high growth rate driven by DIY, product variety, offers and discounts.
- Germany is a very lucrative market for wood-fired energy equipment thanks to strong growth in the non-residential construction sector and the presence of large players.
“With the rapidly increasing demand for smart technology and connectivity in woodworking, major European market players are leveraging their expertise in sensor technology, services and software development to deliver power tool solutions to customers in one variety of areas,” said a PMI analyst.
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Market segmentation of power tools for woodworking in Europe
Product type
- drill
- planner
- Grinding machine
- Sharara
- to stay
- Sanders
- routers
- Screwdriver
- Edit
- Kidnapping
- Others
Setting up
- The main equipment is produced
- Wireless electrical equipment
The end user
- Industrial organization
- Trade carpenters, carpenters and builders
- Service provider
- DIY/Custom
Commercial channel
- Online sales
- B2C platform
- B2B platform
- Offline sales
- Wholesale supplier
- Retail supplier
Align
- Germany
- Italy
- France
- Great Britain
- Spanish
- Benelux
- Russia
- Poland
- Czech Republic
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