PUBLISHER: TechNavio | PRODUCT CODE: 1748511
PUBLISHER: TechNavio | PRODUCT CODE: 1748511
The woodworking machines market is forecasted to grow by USD 1,516.6 mn during 2024-2029, accelerating at a CAGR of 4.6% during the forecast period. The report on the woodworking machines market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing adoption of automated woodworking machines, growing demand for wooden furniture, and rising construction of residential and commercial buildings.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.4% |
CAGR | 4.6% |
Incremental Value | $1,516.6 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's woodworking machines market is segmented as below:
By Application
By Distribution Channel
By Type
By Geographical Landscape
This study identifies the rising adoption of iot in woodworking machines as one of the prime reasons driving the woodworking machines market growth during the next few years. Also, growth in modular and panelized constructions and integration of robots with woodworking machines will lead to sizable demand in the market.
The report on the woodworking machines market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading woodworking machines market vendors that include Akhurst Machinery Ltd., Biesse Group, Chuan Chier Co.Ltd., Durr AG, Grizzly Industrial Inc., HOLYTEK INDUSTRIAL CORP., IMA Schelling Group GmbH, JPW Industries Inc., Masterwood Spa, Michael Weinig AG, Nihar Industries, Oliver Machinery Co., Robland NV, RSWOOD. CMC, Salvador Srl, SCM GROUP Spa, and Socomec. Also, the woodworking machines market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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