DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/pvz9pc/global_chainsaw) has announced the addition of the "Global Chainsaw Market - Market Research Report 2015 -2019" report to their offering.
The global chainsaw market to grow at a CAGR of 6.22% over the period 2014-2019.
Global Chainsaw Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, North America, and ROW; it also covers the landscape of the global chainsaw market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
Chainsaw manufacturers are investing in R&D to produce more efficient chainsaws in terms of power and speed. They are introducing battery-powered chainsaws that eliminate the drawback of electric chainsaws, such as limited reach of electric cords. Also, vendors are focusing on reducing noise and improving efficiency of chainsaws.
Manufacturers of power lawn and garden equipment are incorporating cutting-edge technologies to enhance productivity and their profit. Rising prices of fuel and environmental concerns have induced the shift from gas-powered equipment to battery-powered equipment. For instance, Husqvarna Group is increasing its efforts to sell battery-powered products such as battery-powered chainsaws, robotic mowers, and hedge trimmers.
According to the report, the global economic crisis of 2008-2009 discouraged customers from buying new forest equipment. People bought machinery parts instead of investing in capital-intensive machines. However, with the recovery in economy, there was a huge spike in the sales of new machinery. The benefits of advanced machines with better operational efficiency and productivity are attracting end-users to buy new machines.
Further, the report states that fluctuating prices of raw materials could lower the vendor's profit margins, affecting the overall market growth.
To calculate the market size, the report considers revenue generated from sales of the following products:
- Gas-powered chainsaws
- Electric-powered chainsaws
- Blount International
- Robert Bosch
Other prominent vendors:
- Deere and Company
- GreenWorks Tools
- Stanley Black and Decker
For more information visit http://www.researchandmarkets.com/research/pvz9pc/global_chainsaw