Global Chainsaw Chains Market - WishTree Insight

Global Chainsaw Chain Market by Type (Full Chisel and Semi Chisel), Application (Electric Chainsaw, Gas Chainsaw, and Others), and Regions, The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031

The Chainsaw Chain market size was valued at USD XX billion in 2021 and is expected to surpass USD XX billion by 2031, expanding at a CAGR of 4.5% during the forecast period, 2021–2031. The market's growth is attributed to the increasing demand for chainsaws in different applications due to the benefits associated with them over traditional methods of cutting wood or other materials.

INTRODUCTION

A chainsaw is a device that uses an engine-driven chain to cut wood. The cutting edge is made up of sharp teeth in the form of knives arranged like links in a chain of metal pushed through rolled sheets. Chainsaw is used for tree felling, climbing, bucking, pruning, cutting firebreaks in wildlands, and others. The elevating levels of urbanization with the increasing deforestation rate are driving the market. The improving consumer living standard and rising focus on interior décor are expected to propel the market.

Market Trends, Drivers, Restraints, and Opportunities

• Increasing demand for chainsaws in different applications is a key factor to drive the market.
• Rising demand for gas and electric saws across various end-user industries due to their high-efficiency feature with minimum wastage is expected to drive the global chainsaw chain market.
• The speedy urbanization and increasing use of new instruments are driving the global chainsaw chain market.

Scope of the Report

Market Segment Insights

The full chisel segment is expected to expand at a rapid pace

Based on type, the chainsaw chain market is bifurcated into a full chisel and semi-chisel. The full chisel segment is expected to expand at a rapid pace during the forecast period.

The electric chainsaw segment is projected to register a considerable CAGR

On the basis of application, the chainsaw chain market is segregated into electric chainsaws, gas chainsaws, and others. The electric chainsaw segment is projected to register a considerable CAGR during the forecast period. The growth of the segment is attributed to cutting trees and other purposes due to high power, speed, easy operability, high power, financial savvy, easy maintenance, simple and easy to operate, and other beneficial operational factors.

North America constitutes a key market share

In terms of regions, the chainsaw chain market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of North America constitutes a key share of the market during the projected period. The growth in the region is attributed to the increasing demand for gas-powered saws in the region. However, the market of Latin America is anticipated to expand at a rapid pace during the forecast period owing to increasing deforestation activities for agricultural purposes, and investments by governments, and private organizations for forest development & reforestation.

Competitive Landscape

Key players competing in the Chainsaw Chain market are Robert Bosch GmbH (Germany); Stanley Black & Decker Inc. (U.S.); Hitachi Ltd. (Japan); Zhejiang Zomax Garden Machinery Co. Ltd. (China); ECHO (Yamabiko) (U.S.); TriLink Sa Chain (U.S.).

FAQs

During the forecast period, what is the CAGR of the market?

During the forecast period, the CAGR of the market is expected to be 4.5%.

What are the key drivers of the market?

The market's growth is attributed to the increasing demand for chainsaws in different applications due to the benefits associated with them over traditional methods of cutting wood or other materials.

What segments are covered in the Chainsaw Chain report?

The segments covered in the report are type (full chisel and semi-chisel), and application (electric chainsaw, gas chainsaw, and others).

Mention which region is expected to hold the highest share of the Chainsaw Chain market.

The North American region is expected to hold the highest share of the Chainsaw Chain market.

Mention the key players in the market.

Robert Bosch GmbH (Germany); Stanley Black & Decker Inc. (U.S.); Hitachi Ltd. (Japan); Zhejiang Zomax Garden Machinery Co. Ltd. (China); ECHO (Yamabiko) (U.S.); TriLink Sa Chain (U.S.)