Chain Saw Market Size, Share, Opportunities, And Trends By Product (Gas-powered, Electric-powered, Battery-powered, Other Product Types), By Application (Residential, Industrial), And By Geography - Forecasts From 2023 To 2028
- Published : Jul 2023
- Report Code : KSI061615301
- Pages : 142
The global chainsaw market is estimated to grow at a CAGR of 4.02% during the forecast period.
A chain saw is a piece of portable woodworking equipment that runs on battery, electricity, or gas with teeth connected to a spinning chain and propelled along a guide bar. It has many different uses, including tree falling, limbing, bucking, trimming, cutting firebreaks for fighting wildfires, and firewood. Specifically, crafted bar and chain combinations have been produced as instruments for usage in chainsaw mills and art. Specialized chainsaws are also employed to cut concrete and bricks for building & construction projects and ice cutting for ice carving & winter swimming.
One of the key factors driving the global chainsaw market growth is the increasing number of construction and infrastructure projects, particularly in the residential sector. Growing demand for premium, customized, and unique wood furniture for home décor, along with rising DIY trends, is also positively contributing to the global market prospects. The use of wood has considerably increased in large-scale construction projects like bridges, industrial halls, sports facilities, and multistorey residential buildings, which are driving the global market rapidly. Rising construction projects have led to various product launches by key market players boosting the demand for high-tech chainsaws. For instance, in April 2023, Australian building and construction equipment multinational company Cat Power Tools launched their new Cat® 60V, 16 in. chainsaw as-like performance without noise, maintenance, or emissions. This chainsaw is for ambitious homeowners with high trees, yard maintenance, or professional landscapers. The Cat chainsaw offers a comprehensive range of functions, such as automated chain lubrication and tool-free chain tensioning.
The rising construction and infrastructure activities are supporting the global chainsaw market growth.
There is a growing demand for chainsaws in global construction and infrastructure projects. Chain saws are extensively used in walls, ceilings, flooring, framing, and paneling, especially in residential construction projects. According to the latest data by the US Census Bureau, construction spending during March 2023 was estimated at a seasonally adjusted annual rate of US$1,834.7 billion, a 3.8 percent increase from last year. Residential construction expenditure amounted to US$ 827.7 billion in March 2023, a 1.3 percent increase from the previous month. According to the official data, investment in the construction of residential buildings increased by 1.1 percent in February to reach CA$ 15.0 billion, with single-family house investments making up the largest portion of the gain in Canada. Rapid urbanization, industrialization booming population growth are also increasing construction activities leading to a growing demand for chainsaws.
Growing demand for wood in construction activities is also positively impacting the global chainsaw market. The use of wood, softwood, timber, paper, plywood, livestock, and other items is growing worldwide. According to the National Association of Home Builders, 90 percent of American homes in 2019 had timber frames. The value of the wood and wood-related products utilized in the construction was close to USD 15.5 billion.
The demand for battery-powered and electric-powered chainsaws is expanding during the projected period.
Growing demand for eco-friendly and sustainable products will spur the demand for electric and battery-powered chainsaws. Electric chainsaws are predominantly used to maintain yards and landscaping in modern homes. These products are user-friendly, maintenance-free, lightweight, and environmentally friendly, driving their demand. Rising smart cities and green architecture initiatives will drive future demand for battery-powered chainsaws. In February 2023, Husqvarna, a global chainsaw manufacturer, launched the Husqvarna Max Battery Series product line. The Max Battery Series portfolio offers electricity with a high-efficiency level for residential purposes. The strength and functionality of cutting-edge technologies are combined with the benefit of reduced noise levels and emission-free use.
During the forecast period, North America is anticipated to hold a significant share of the global chainsaw market.
North American region is anticipated to hold a substantial market share in chainsaw. This region will experience rapid expansion throughout the projection period due to the rising number of construction and infrastructure operations. This region's market is also expanding due to the growing demand for wood in construction projects. According to the latest National Association of Home Builders report, 93 percent of homes in the United States were wood framed, whereas 7 percent were concrete framed. They are becoming more popular among consumers in this region due to the growing demand for landscaping solutions, fueling regional market expansion. Growing demand for firewood due to heavy snowfall and cold weather also contributes to the regional market growth. In addition, the prevalence of key market players such as Husqvarna AB, Robert Bosch GmbH, STIGA SpA, and others also spur the growth of chainsaws in this region.
Market Developments:
- In June 2022, a new biodegradable chainsaw oil made in the USA and is a USDA Certified Biobased Product was launched by DEWALT, a Stanley Black & Decker brand and industry leader in comprehensive worksite and outdoor solutions. The new bio-based, high-performance solution is manufactured from plant oils cultivated in North America and produces less pollution than traditional petroleum-based products.
- In May 2023, Husqvarna launched the T540 XP® Mark III and a new range of arborist equipment for advancing tree care products. The new T540 XP® Mark III, which has been improved for dependability, answers arborists' requests for more power, productivity, and maneuverability with tools that help them do their work safely, effectively, and timely.
- In May 2023, high-performance outdoor power equipment maker ECHO Incorporated added four new gas chainsaws to the range. The CS-4920 and CS-4010, two new chainsaws, will replace the CS-4910 and CS-400, providing higher power and fewer emissions. A new SpeedCut Nano 80TXL cutting mechanism has been added to the other two saws, the CS-2511TN and CS-2511PN.
Chain Saw Market Scope:
Report Metric | Details |
Growth Rate | CAGR of 4.02% from 2021 to 2028 |
Base Year | 2021 |
Forecast Period | 2023 – 2028 |
Forecast Unit (Value) | USD Million |
Segments Covered | Product, Application, and Geography |
Regions Covered | North America, South America, Europe, Middle East and Africa, Asia Pacific |
Companies Covered | Robert Bosch GmbH, Oregon Tool, Husqvarna AB, ANDREAS STIHL Limited, STIGA SpA, AL-KO Kober, Einhell Germany, Emak SPA, Hikoki Power Tools |
Customization Scope | Free report customization with purchase |
Market Segmentation:
- By Product
- Gas-powered
- Electric-powered
- Battery-powered
- Others
- By Application
- Residential
- Industrial
- By Geography
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- United Kingdom
- Germany
- France
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Indonesia
- Thailand
- Others
- North America
Frequently Asked Questions (FAQs)
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Market Segmentation
1.5. Currency
1.6. Assumptions
1.7. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Data
2.2. Research Process
3. EXECUTIVE SUMMARY
3.1. Research Highlights
4. MARKET DYNAMICS
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter’s Five Force Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. GLOBAL CHAIN SAW MARKET BY PRODUCT
5.1. Introduction
5.2. Gas-powered
5.3. Electric-powered
5.4. Battery-powered
5.5. Others
6. GLOBAL CHAIN SAW MARKET BY APPLICATION
6.1. Introduction
6.2. Residential
6.3. Industrial
7. GLOBAL CHAIN SAW MARKET BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Argentina
7.3.3. Others
7.4. Europe
7.4.1. United Kingdom
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa
7.5.1. Saudi Arabia
7.5.2. UAE
7.5.3. Israel
7.5.4. Others
7.6. Asia Pacific
7.6.1. Japan
7.6.2. China
7.6.3. India
7.6.4. South Korea
7.6.5. Indonesia
7.6.6. Thailand
7.6.7. Others
8. COMPETITIVE ENVIRONMENT AND ANALYSIS
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. COMPANY PROFILES
9.1. Robert Bosch GmbH
9.2. Oregon Tool
9.3. Husqvarna AB
9.4. ANDREAS STIHL Limited
9.5. STIGA SpA
9.6. AL-KO Kober
9.7. Einhell Germany
9.8. Emak SPA
9.9. Hikoki Power Tools
Robert Bosch GmbH
Oregon Tool
ANDREAS STIHL Limited
STIGA SpA
AL-KO Kober
Einhell Germany
Emak SPA
Hikoki Power Tools
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