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[Latest] Global Chainsaw Market Size/Share Worth USD 6.78 Billion by 2033 at a 3.69% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth, Growth Rate, Value)

Austin, TX, USA, July 01, 2024 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled Chainsaw Market Size, Trends and Insights By Type (Gas-powered, Electric-powered, Battery-powered, Other), By Application (Residential, Industrial), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 in its research database.

“According to the latest research study, the demand of global Chainsaw Market size & share was valued at approximately USD 4.72 Billion in 2023 and is expected to reach USD 4.89 Billion in 2024 and is expected to reach a value of around USD 6.78 Billion by 2033, at a compound annual growth rate (CAGR) of about 3.69% during the forecast period 2024 to 2033.”

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Chainsaw Market: Overview

A chainsaw, powered by a gasoline engine, is a portable mechanical saw utilized for cutting wood in forestry, construction, and landscaping. It features a toothed chain revolving around a guide bar, enabling precise and efficient cutting of trees, branches, and lumber.

The Chainsaw Market is experiencing significant growth due to the expansion of the agriculture sector, particularly in emerging economies, where chainsaws are essential tools for land clearing and maintenance. Countries like Brazil, amid rapid agricultural expansion into forested areas, require chainsaws to clear land for crop cultivation.

This surge in agricultural activity, driven by global population growth and demand for commodities like soybeans and palm oil, fuels deforestation, leading to increased chainsaw sales. As deforestation intensifies globally, particularly in regions like Brazil, Colombia, and Indonesia, the demand for chainsaws for agricultural and construction purposes continues to rise.

Additionally, the growing interest in outdoor recreational activities, such as camping and hiking, is fueling demand for portable chainsaws, driven by enthusiasts seeking lightweight tools for trail maintenance and firewood gathering.

This trend aligns with initiatives promoting outdoor recreation as an economic driver, with communities across the United States investing in outdoor infrastructure and marketing efforts, further boosting the demand for chainsaws as essential tools for maintaining recreational trails and green spaces.

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By Type, The Chainsaw Market is segmented into Gas-powered, Electric-powered, and Battery-powered variants. Gas-powered chainsaws, known for their power and versatility, dominate professional applications like forestry and construction, while Electric-powered models, including corded and cordless options, gain popularity among residential users and DIY enthusiasts due to lower noise and emissions.

Battery-powered chainsaws are increasingly adopted for their portability and eco-friendliness, suited for tasks like pruning. Manual chainsaws serve niche markets with limited or impractical power sources.

By Application, The Chainsaw Market is segmented into Residential and Industrial segments, with Industrial chainsaws holding dominance in 2023 and expected to maintain it until 2033.

Industrial chainsaws excel in forestry, construction, and agriculture, emphasizing heavy-duty performance, while Residential chainsaws target homeowners, prioritizing ease of use and safety for lighter tasks like pruning. Technological advancements and eco-friendly options are shaping both segments, fostering innovation and competition in the market.

Report Scope

Feature of the Report Details
Market Size in 2024 USD 4.89 Billion
Projected Market Size in 2033 USD 6.78 Billion
Market Size in 2023 USD 4.72 Billion
CAGR Growth Rate 3.69% CAGR
Base Year 2023
Forecast Period 2024-2033
Key Segment By Type, Application and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Chainsaw report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

(Please note that the sample of the Chainsaw report has been modified to include the COVID-19 impact study prior to delivery.)

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CMI has comprehensively analyzed the Global Chainsaw market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict depth scenarios of the market. Segment wise market size and market share during the forecast period is duly addressed to portray the probable picture of this Global Chainsaw industry.

The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

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Key questions answered in this report:

Key Offerings:

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Chainsaw Market: Regional Analysis

North America, boasting the largest market share in 2023, is anticipated to witness significant growth driven by rising demand. Chainsaw companies are strategically expanding and introducing new products in response to this demand surge.

For instance, Husqvarna recently launched a range of new products tailored to North American preferences, including gas-powered tree care saws and redesigned saw models. The region’s strong affinity for wood-based construction, with 90% of homes made of wood according to the National Association of Home Builders, sustains the demand for chainsaws.

Wood’s cost-effectiveness, strength, and insulation properties further bolster its popularity in North America. Additionally, heavy snowfall prompts increased firewood usage, particularly in residential areas, thereby augmenting chainsaw demand.

In contrast, other regions like Europe, Asia-Pacific, Latin America, and the Middle East & Africa exhibit varying degrees of adoption influenced by cultural preferences, economic factors, and climatic conditions, shaping the regional dynamics of the chainsaw market.

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Browse the full Chainsaw Market Size, Trends and Insights By Type (Gas-powered, Electric-powered, Battery-powered, Other), By Application (Residential, Industrial), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033 Report at https://www.custommarketinsights.com/report/chainsaw-market/

List of the prominent players in the Chainsaw Market:

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The Chainsaw Market is segmented as follows:

By Type

By Application

By Use

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Regional Coverage:

North America

Europe

Asia Pacific

The Middle East & Africa

Latin America

This Chainsaw Market Research/Analysis Report Contains Answers to the following Questions.

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Reasons to Purchase Chainsaw Market Report

Reasons for the Research Report

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Who should buy this report?

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About Custom Market Insights:

Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains.

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