DUBLIN, Oct. 05, 2023 (GLOBE NEWSWIRE) -- The "Woodworking Machinery - Global Strategic Business Report" has been added to Research&Markets.com's offering.
The global woodworking machinery market, valued at $5 billion in 2022, is expected to grow significantly and reach $6.8 billion by 2030. The analysis period is 2022 to 2030.
In the dynamic global business landscape, it is important to stay abreast of industry trends and market dynamics. The global market for wood machinery sector is experiencing significant growth. To navigate and succeed in this ever-evolving environment, our Wood Machinery Market research report is an essential resource that provides comprehensive insights into market dynamics, competitive landscape, challenges and opportunities.
Our report reveals that the market is poised for significant expansion in key regions including the US, China, Japan, Canada and Germany. Offering in-depth analysis of segments such as lathes and planers, the lathes segment is expected to register a CAGR of 3.8% and reach $2.8 billion by the end of the analysis period. Additionally, the glider segment is expected to grow at a CAGR of 4.7% over the next eight years.
Key Market Players (Total 102 Selected):
Altendorf GmbH
Biesse Group
Bourne and Koch Inc.
beautiful america
Casolin G. & C. snc
The Felder Group
Hans Weber Maschinenfabrik GmbH
Holitech Industrial Company
Homeg Group
Like HOUFEK
Schelling Group IMA GmbH
KTCC woodworking machine
Makita Company
Masterwood SpA
Michael Winig AG
See Tools
Rozek Woodworking Machinery Inc.
SCM Group
businessman
Timeavers Inc.
TOS Svitavy, Inc.
Economic Outlook:
The global economic outlook shows signs of improvement with cautious optimism for the year ahead. Although the United States has experienced slower GDP growth due to tight fiscal and monetary conditions, it has managed to overcome the threat of recession. Declining inflation in the Eurozone is helping to boost real incomes and economic activity.
China is expected to experience significant GDP growth as the threat of the pandemic recedes and the government reconsiders its zero COVID-19 policy. India is on track to become a trillion dollar economy by 2030, surpassing Japan and Germany.
Still, challenges remain, including uncertainty surrounding the war in Ukraine, an unexpected decline in global inflation, and continued food and oil price inflation in developing countries. High retail inflation continues to weigh on consumer confidence and spending.
The government is trying to overcome this problem and improve market sentiment. When governments fight inflation by raising interest rates, job creation can slow and affect economic activity. The regulatory landscape is evolving as pressure to integrate climate change considerations into economic decisions grows.
While there are potential challenges for business investment due to inflation concerns and weak demand, the rise of new technologies offers opportunities. Technologies such as generative artificial intelligence, applied AI, machine learning, next-generation software development, Web 3, cloud and edge computing, quantum technologies, electrification, energy renewable and electrified as well as non-renewable climate technologies have significant growth and value potential. Global GDP in coming years.
In this volatile economic environment, businesses that demonstrate resilience and adaptability will find opportunities to meet challenges and position themselves for future success.
what's new
Special discussion on global economic climate and market sentiment
Major market share in global competitive opportunities and competitive interests
Analysis of market presence in different geographies – strong/active/niche/insignificant
On-demand interactive updates in online peer-to-peer collaboration
Access to digital archives and archived research platforms
Free updates for one year
Access YouTube video transcripts of market sentiment shared by CEOs, domain experts and market influencers through interviews, podcasts, press releases and events.
Main Themes Covered:
I. Methodology
2. summary
1. Market Agreement
The growing demand for wooden furniture and sustainable construction is the basis for the growth of woodworking machines
Global Economic Update
The world is moving toward a strategy to combat pandemics that focuses on a multifaceted approach to managing future pandemics.
From Pandemics to War and Inflation: "2023 outlook bleak despite signs of easing inflation"
This is how inflationary pressure affects the economy
Effects of the Russo-Ukrainian War
Although it peaks in 2023, efforts to solve the inflation puzzle must continue
Rising commodity prices and widespread price pressures due to war have pushed global inflation to the highest level since 1996: Global Inflation Rate from 2019 to 2024 (%)
Despite low risks of recession, global economic growth will slow in 2023 amid war, inflation, high interest rates and slight inflation slowdown: World Economic Growth Outlook 2020-2024 (real GDP, annual change %)
A review of the impact of the COVID-19 pandemic on woodworking machinery
When the COVID-19 pandemic affected the world, sales of unwanted furniture took a hit.
Economic instability and dynamics of construction market impact on wood machinery market growth
Global Construction Spending 2020-2028 (in US$ Trillions)
Construction Sector Forecast to 2023
Housing Construction in the United States: 2016-2022 (in thousands of housing units)
Woodworking Machinery – Top Competitors (E) Global Market Share in 2023
Woodworking Machinery Competitor Global Market Share Scenario (%): 2022E
Competitive Market Presence – Strong/Active/Niche/Insignificant for Global Players in 2023 (E)
Global Market Share Position of Tower (Product Type) Competitors for 2022 and 2030
Launch Market Share (Product Type) by Key Players: 2022 & 2030
Saw (product type) profit sharing by participants (%): 2022 and 2030
Wood Machinery: Introduction
Types of woodworking machines
Developing countries are poised for long-term growth
China's Wood Machinery Landscape
Re-horning improves growth potential in developed markets
Top Exporters of Wood Machinery: 2022
Recent market activity
Global brands
2. Consider selected players
3. Markets and access
Wood appliances continue to grow as consumers choose wood furniture
Global Furniture Market by Material Type to 2023 (%)
Important trends impacting the growth potential of the Furniture Market
Environmental responsibility creates a niche market, but capitalizes on demand for woodworking machines to increase demand for eco-friendly furniture
Types and properties of wood used in furniture making
Woodworking is becoming a more sophisticated activity with the emergence of innovative machines and advanced technology.
Robotics and automation technologies create new challenges for wood producers
Smartphones and apps that make woodworking easy
The woodworking industry is witnessing the rise of CNC machines
The demand for multi-axis CNC machines is increasing significantly
Key trends in the global wood processing industry
Increased demand in construction activities for woodworking machines
Increasing demand for engineered wood in construction will support demand for wood machinery
Demand for prefabricated wooden houses is increasing to support growth
Global market for prefabricated buildings, billion dollars: 20202-2025
The hardwood flooring market is benefiting from the unmatched aesthetic appeal of wood
Global Flooring Market by Type (2020): Sales Volume Breakdown by Type, % Share
Increasing focus on sustainability to advance the potential of wood machinery
4. Global Market Prospects
I, I, I Market analysis
IV competition
For more information on this report, visit https://www.researchandmarkets.com/r/myu32d
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