DUBLIN , Oct. 4, 2023 /PRNewswire/ -- The "Woodworking Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The annual global woodworking equipment market is estimated to be valued at $5 billion in 2022 and will grow exponentially to reach $6.8 billion in 2030. The study period is from 2022 to 2030.
In a dynamic global business environment, knowledge of industry trends and market dynamics is essential. The global woodworking equipment market is growing rapidly. To navigate and grow in this dynamic environment, our Woodworking Tools Market research report is an essential resource that provides comprehensive information on market dynamics, competitive landscape, challenges, and opportunities.
Our report shows that the market is poised for significant expansion in the key regions of the US , China , Japan , Canada and Germany . Provides an in-depth analysis of classes such as reticles and blueprints. Latera segment is expected to grow at a CAGR of 3.8% to reach USD 2.8 billion by the end of the analysis period. Furthermore, the sliders segment is expected to grow at a CAGR of 4.7% over the next eight years.
Major market players (102 selected in total)
Altendorf GmbH
encore group
Born and Koch Inc.
beautiful america
Casolin G. and CSN
The Felder team
Hans Weber Maschinenfabrik GmbH
Holtek industrial company
HOMAG Group
like HOUPEK
IMA Schelling Group GmbH
Woodworking machines KTSS
Makita company
Masterwood SPA
Michael Weinig AG
Sawing equipment
Rojek Woodworking Machinery Inc.
SCM team
to the store
Save Time Inc.
TOS Svitavy, LLC
Economic forecasts:
The global economic outlook is showing signs of improvement, with a cautious outlook for the coming years. Despite the tightening of monetary and fiscal conditions , the United States managed to successfully overcome the threat of recession. Low inflation in the Eurozone is helping to boost real incomes and economic activity.
As the threat of the pandemic recedes and the government revises its zero covid policy, China is expected to experience strong GDP growth. India is on track to become a trillion dollar economy by 2030, beating Japan and Germany .
However, challenges remain, including uncertainty surrounding the war in Ukraine , slower-than-expected global inflation and persistent food and fuel inflation. High retail inflation continues to weigh on consumer confidence and spending.
Governments are addressing these issues that are strengthening market sentiment. As governments combat inflation by raising interest rates, job creation may slow and economic activity may be affected. The regulatory framework is evolving with increasing pressure to integrate climate change considerations into economic decisions.
Despite the challenges for corporate investment due to inflation and weak demand, the rise of new technologies is opening up new opportunities. Creative AI, applied AI, machine learning, next generation software development, Web3, cloud and edge computing, quantum technologies, electrification, renewable energy and electrification and climate technologies can provide significant growth and value. GDP in the coming years.
In this turbulent economic environment, companies that demonstrate resilience and adaptability will find opportunities in the challenges, positioning them for future success.
what's new
Special discussions on the global economic climate and market sentiment
Global dimension of competitiveness and market share of competitive interest
Analysis of market presence in various geographic regions: strong / active / latent / small.
Interactive online collaboration between colleagues, updates on demand
Access to digital archives and a proprietary research platform
Free updates for one year
Access YouTube videos on market sentiment shared by CEOs, subject matter experts and market players in interviews, podcasts, press releases and event appearances.
The main topics covered are:
I. Method
II. Summary
1. Market meeting
The growing demand for wood products and green construction is the basis for the development of woodworking machinery.
International economic perspective
The world is moving towards a comprehensive strategy to combat Covid-19, focusing on a multilateral approach to combating future pandemics.
From pandemic to war and inflation: "Gloomy outlook for 2023, despite falling inflation".
Here's how inflation affects the economy
The results of the Russian-Ukrainian war
Despite the peak in 2023, efforts to combat inflation must continue.
War-related commodity price increases and widespread inflationary pressures have pushed global inflation back to levels above 1996: Global Inflation Rate 2019 to 2024 (%)
Although a slowdown is unlikely, global economic growth will slow in 2023 due to war, inflation, higher interest rates and slightly weaker inflation: World Economic Growth Outlook 2020-2024 (real GDP, annual percentage change)
An overview of the impact of the COVID-19 pandemic on woodworking equipment
As the Covid-19 pandemic hits the world, sales of unwanted furniture have plummeted.
Economic instability and the volatility of the construction market affect the growth of the woodworking equipment market.
Global construction spending 2020-2028 (in trillions of dollars)
Forecast of the construction sector in 2023
US Housing Starts: 2016–2022. (thousands of houses)
Woodworking Equipment: Global Top Competitors (E) Market Share in 2023
Global Woodworking Equipment Competitors Market Share (%) Status: 2022E.
Competitive Market Presence: Strong / Active / Niche / Easy (E) for Global Players by 2023.
Lathe (Product Type) Global Competitor Market Share 2022 & 2030
Gliders Market Share (Product Type) by Major Players: 2022 & 2030
Competitive Mowing Revenue Share (Product Type) (%): 2022 and 2030.
Woodworking machines: Requirements
Types of woodworking machines
Emerging economies are poised for long-term growth.
Overview of Chinese woodworking machinery
It increases the growth prospects of rich offshore markets
Largest exporters of woodworking equipment: 2022
Recent market activity
World brands
2. Evaluate the selected players
3. Market place and travel
Woodworking machines will continue to grow, and wooden furniture will continue to be a favorite among customers.
Global Furniture Market by Product Type to 2023 (%)
Popular trends affecting mobile market growth prospects
Concern for the environment creates space, but also increases the demand for woodworking machines, to increase the demand for environmentally friendly furniture.
The type and properties of wood used in furniture
The creation of woodworking machines and advanced technologies is becoming an increasingly complex activity.
Robotics and automation technologies solve new challenges for wood producers
Smartphones and apps to simplify your woodworking business
The woodworking industry has increased the use of CNC machines.
The demand for universal multi-axis CNC machines is growing exponentially.
Key trends shaping the global wood products industry
Growing demand for woodworking tools construction equipment.
The demand for structural lumber in construction is increasing to match the demand for woodworking tools.
The demand for wooden houses built to support growth is increasing
Global Prefab Building Market in Billion USD: 20202-2025
The wood flooring market continues to capitalize on the unique beauty of wood.
Global Flooring Market by Type (2020): Sales Volume Percentage Type Breakdown, Percentage Share
Greater focus on sustainability to shape the future of woodworking machinery
4. World market forecast
III. Market analysis
IV. Competition
For more information on this report, visit https://www.researchandmarkets.com/r/4evvmi.
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