Global Chainsaws Market 2020-2027 - Expected to Reach a Revised Size of $1.6 Billion by 2027 due to COVID-19 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Chainsaws - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Global Chainsaws Market to Reach US$1.6 Billion by the Year 2027

Amid the COVID-19 crisis, the global market for Chainsaws estimated at US$1.3 Billion in the year 2020, is projected to reach a revised size of US$1.6 Billion by 2027, growing at a CAGR of 3.5% over the period 2020-2027.

Electric-Powered, one of the segments analyzed in the report, is projected to grow at a 4.5% CAGR to reach US$529.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Gas-Powered segment is readjusted to a revised 3% CAGR for the next 7-year period. This segment currently accounts for a 69.3% share of the global Chainsaws market.

The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 6.5% CAGR for the Period of 2020-2027

The Chainsaws market in the U.S. is estimated at US$340.7 Million in the year 2020. The country currently accounts for a 26.98% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$339.8 Million in the year 2027 trailing a CAGR of 6.5% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1% and 2.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.8% CAGR while Rest of European market (as defined in the study) will reach US$339.8 Million by the year 2027.

We bring years of research experience to this 8th edition of the report. The 184-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Blount International, Inc.
• Briggs & Stratton Corporation
• Craftsman
• ECHO Inc.
• Hikoki NZ Ltd.
• Husqvarna AB
• Makita USA, Inc.
• QVTOOLS LLC
• Remington LLC
• Robert Bosch GmbH
• STANLEY Infrastructure
• STIHL, Inc.
• Techtronic Industries Co. Ltd.
• Zhejiang Zomax Garden Machinery Co. Ltd.

Key Topics Covered

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Global Competitor Market Shares
• Chainsaw Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
• Impact of COVID-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

• Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/wnstmt