North America Log Loaders Market to Experience Significant Growth by 2032
Hydraulic systems and components used in log-loading applications can improve efficiency and boost job site productivity, which is one of the major factors driving revenue growth of the market
The North America Log
Loaders Market size was USD 1,380.6 Million in 2022 and is expected to register a
revenue CAGR of 2.5% during the forecast period. Technological advancements in
log loaders by various companies in North America is one of the major factors
driving market revenue growth.
A log loader is a machine that is operated
mechanically and is utilized in the forestry industry to lift and transport
logs made of wood. It is equipped with a boom and a hydraulic grapple that is
used to securely grasp the logs. There are various log loader models available,
each with its own unique features and setups, but these models all share common
benefits. One innovative advantage of the log loader is its fully rotational
grapple, which allows for a complete 360-degree rotation and is specifically
designed for long-reaching capabilities. Moreover, the log loader is
lightweight and easily transportable, built to withstand rugged conditions, and
considered to be one of the most versatile machines in the forestry sector.
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Competitive Landscape:
Competitive landscape of the North America log loaders market is
fragmented with many key players operating on country levels. Key players are
engaged in product development and strategic alliances to expand their
respective product portfolio and gain a robust footing in the global market.
Major players in the market include Caterpillar Inc., Deere & Company,
Komatsu Group, Liebherr, Doosan Corporation. Tigercat International Inc.,
Hitachi Construction Machinery Americas Inc., AB Volvo, Link-Belt Cranes, and
Barko Hydraulics, LLC.
North America Log Loaders
Market Segmentation:
Type Outlook (Revenue, USD Million; 2019–2032)
- Knuckle-Boom
- Crane
- Forklift
- Others (Mobile Heel Boom Loaders, Butt-N-Top Loaders)
Application Outlook (Revenue, USD Million; 2019–2032)
- Commercial
- Personal
Regional Outlook:
·
North America (U.S.,
Canada, Mexico)
·
Europe (Germany, U.K.,
Italy, France, BENELUX, Rest of Europe)
·
Asia Pacific (China,
India, Japan, South Korea, Rest of Asia Pacific)
·
Latin America (Brazil,
Rest of LATAM)
·
Middle East & Africa
(Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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