Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.8 Billion | USD 5.3 Billion | 3.5% | 2023 |
The global chainsaw market size was worth around USD 3.8 billion in 2023 and is predicted to grow to around USD 5.3 billion by 2032, with a compound annual growth rate (CAGR) of roughly 3.5% between 2024 and 2032.
A chainsaw is a portable mechanical saw run on an electric motor, battery, or internal combustion engine. It boasts a revolving chain with sharp, cutting teeth running along a metal guide bar. Tasks include felling trees, chopping firewood, clearing brush, and branch pruning demand chainsaws. In gardening, forestry, and even some rescue missions, their adaptability and efficiency are vital assets.
Each of the several kinds—gas-powered, electric, battery-operated chainsaws—fits varied jobs and surroundings. The chainsaw market is driven by several factors, such as rising demand in forestry & agriculture, growth in urban landscaping & gardening, expansion in the construction industry, advancements in technology, rising demand for firewood, and rising urbanization & infrastructure development.
Rising construction activities drive market growth
The construction sector worldwide keeps expanding extremely significantly. Although most of the projects worldwide have been stopped due to the current coronavirus epidemic, generally, the construction sector looks bright. It is expected to rise above the global GDP in the next ten years.
Leading by instance, Oxford Economics estimates that the global building sector is probably going to rise by roughly 85 percent to reach a value of USD 15.5 Trillion by 2030. China, the United States, and India are among the nations driving change.
Large amounts of wood are used in the building sector for numerous purposes including scaffolding for different operations during construction. The building industry makes great use of chain saws to easily cut wood logs, plywood, and other wooden pieces into different forms. Development in the construction sector will exactly match the expansion of the chainsaw market.
High cost and regular maintenance hinder market growth
Chainsaws that run on gasoline or batteries are pricey. The demand for chainsaws is reduced by the high cost of advanced Lithium-ion batteries and chargers built into battery operating models, which raises the total cost and makes it difficult for those who sometimes require chainsaws.
Another thing that discourages people from using gasoline-powered chainsaws is the need for maintenance, which includes fuel regulation, air filter cleaning, and oil changes. It is necessary to lubricate bars and sharpen chains more frequently. Another significant exception that restricts the chainsaw industry is safety concerns. Aspects like appropriate instruction, usage methods, and even safety clothing contribute to the market's hindrance, which restricts its expansion.
Growing product launch offers a lucrative opportunity for market growth
The increasing product launch is expected to offer a lucrative opportunity for the Chainsaw market. For instance, in April 2024, with the release of the first battery-operated chainsaws with a clutch in history, Husqvarna has once again revolutionized the way tree professionals approach their daily.
The T542i XP® and 542i XP® chainsaws are "coming in clutch" and raising the bar for the well-known Husqvarna battery-powered performance with the power of a 40cc gas engine. When the clutch is introduced, users get a burst of energy as the clutch engages at the start of each cut. Compared to Husqvarna's existing professional 40 V battery chainsaw platform without the clutch option, users can cut up to 10% more.
Environmental regulations and emission standards pose a major challenge to market expansion
To lower pollutants, including carbon monoxide (CO), hydrocarbons (HC), and nitrogen oxides (NOx), several regions, including the U.S., Europe, and Japan, impose stringent emission standards for outdoor power equipment usage.
Manufacturers are compelled to use cleaner engine technologies by organizations such as the European Union's Stage V standards and the U.S. Environmental Protection Agency (EPA), which mandate that chainsaws adhere to strict emission limitations. Additionally, some governments offer subsidies, rebates, or incentives to encourage the purchase of environmentally friendly equipment.
For instance, initiatives like California's CARB (California Air Resources Board) promote the purchase of electric or battery-operated chainsaws and other zero-emission equipment in the state. These subsidies encourage broader adoption of eco-friendly chainsaws by lowering their cost barrier. Thus, the increasing regulations and emission standards might be posing a major challenge to the chainsaw market growth.
The global chainsaw industry is segmented based on product type, application, and region.
Based on the product type, the global chainsaw market is segmented into fuel-operated and electric-operated. The electric-operated segment is expected to grow at the fastest rate over the forecast period owing to stringent regulations regarding emissions.
Additionally, Electric chainsaws offer lower running expenses than combustion engines since they do not require fuel, oil changes, or other maintenance. This cost-effectiveness appeals to both homeowners and businesses in forestry and landscaping, particularly for routine maintenance work.
Based on application, the global chainsaw industry is bifurcated into commercial and residential. The commercial segment dominates the market. Chainsaws are vital instruments for falling trees, clearing land, and processing timber in forestry and logging. As global demand for timber, wood products, and biomass energy rises, forestry companies invest in high-performance chainsaws that can withstand heavy, sustained use.
Furthermore, commercial-grade chainsaws are intended to be more robust, powerful, and safe than consumer ones. Advanced safety features, including anti-kickback, automated chain brakes, and vibration reduction, enhance user safety and comfort, which are critical for professional use. These enhancements help to increase adoption among professionals who require high reliability and safety standards.
Report Attributes | Report Details |
---|---|
Report Name | Chainsaw Market |
Market Size in 2023 | USD 3.8 Billion |
Market Forecast in 2032 | USD 5.3 Billion |
Growth Rate | CAGR of 3.5% |
Number of Pages | 217 |
Key Companies Covered | Hitachi Ltd., Makita U.S.A. Inc, Remington Power Tools, Husqvarna Group, Blount International Inc., Zhejiang Zomax Garden Machinary Co. Ltd., Briggs & Stratton Corporation, Stanley Black & Decker Inc., Robert Bosch GmbH, Andreas Stihl AG & Co. KG., and others. |
Segments Covered | By Product Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America dominates the market over the projected period
North America is expected to dominate the global chainsaw market during the forecast period. Companies in the chainsaw market are expanding and developing new products in North America as demand rises. Husqvarna, for instance, just introduced a new product line that includes two new 70cc saws, two revised 50cc saws, gas-powered tree care saws, and several additional equipment requirements. It increased its line of X-Cut chainsaw chains in North America.
According to the National Association of Home Builders, wood accounts for 90% of all North American homes. North Americans choose wood shelters because wood is thought to be lightweight. It is one of the strongest materials on the market, outperforming steel. Wood is one of the most significant materials for supporting weight; thus, certain construction styles require less support. Thereby, driving the industry expansion in the area.
The global chainsaw market is dominated by players like:
By Product Type
By Application
FrequentlyAsked Questions
A chainsaw is a portable mechanical saw run on an electric motor, battery, or internal combustion engine. It boasts a revolving chain with sharp, cutting teeth running along a metal guide bar. Tasks include felling trees, chopping firewood, clearing brush, and branch pruning demand chainsaws. Their adaptability and efficiency are vital assets in gardening, forestry, and even some rescue missions. Each of the several kinds—gas-powered, electric, battery-operated chainsaws—fits varied jobs and surroundings.
The chainsaw market is driven by several factors, such as rising demand in forestry and agriculture, growth in urban landscaping and gardening, expansion in the construction industry, advancements in technology, rising demand for firewood, and rising urbanization and infrastructure development.
According to the report, the global chainsaw market size was worth around USD 3.8 billion in 2023 and is predicted to grow to around USD 5.3 billion by 2032.
The global chainsaw market is expected to grow at a CAGR of 3.5% during the forecast period.
The global chainsaw market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the presence of major players.
The global chainsaw market is dominated by players like Hitachi Ltd., Makita U.S.A. Inc, Remington Power Tools, Husqvarna Group, Blount International Inc., Zhejiang Zomax Garden Machinary Co. Ltd., Briggs & Stratton Corporation, Stanley Black & Decker Inc., Robert Bosch GmbH and Andreas Stihl AG & Co. KG. among others.
The chainsaw market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
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