Global Chainsaw Market is Estimated to Reach at a CAGR of 6.22% Upto 2019


Posted May 26, 2016 by marketresearchri

Radiantinsights.com has include "Global Chainsaw Market Report To 2019" Size, Share, Growth Prospects to their Database.

 
[b]About chainsaws[/b]
The global population is growing at a steady rate. It is estimated that by 2050, the global population will reach more than 9 billion. This growth in population will lead to rise in demand for land, which will lead to deforestation. The demand for wood for houses, furniture, fuel, pulp, and other needs will also increase simultaneously. This, in turn, will increase the demand for forest equipment. Chainsaws are not only used by loggers to cut trees, but also by residential end-users for gardening purposes, sculptors for sculpting wood or ice, and carpenters. This is propelling the demand for chainsaws worldwide.

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.

Technavio's analysts forecast the global chainsaw market to grow at a CAGR of 6.22% over the period 2014-2019.

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[b]Covered in this report[/b]
In this report, Technavio covers the present scenario and growth prospects of the global chainsaw market for 2015-2019. To calculate the market size, the report considers revenue generated from sales of the following products:
• Gas-powered chainsaws
• Electric-powered chainsaws

Technavio's report, 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.

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Issued By Shweta Mahurkar
Website Radiant Insights
Country United States
Categories Electronics , Industry
Tags 2016 chainsaw market size and share , chainsaw market analysis and outlook , global chainsaw market price and costs
Last Updated May 26, 2016