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Global Sawmill Machinery Market 2018-2022 | Rise in Construction Activities to Drive Growth | Technavio

December 7, 2018

LONDON--(BUSINESS WIRE)--Dec 7, 2018--Technavio’s global sawmill machinery market research report forecasts the market to grow at a CAGR of over 3% during the forecast period.

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Technavio has released a new market research report on the global sawmill machinery market for the period 2018-2022. (Graphic: Business Wire)

The use of automation in sawmilling machinery will be one of the major trends in the during 2018-2022. The use of automation in sawmilling includes the using sensors and scanners for measurement to optimize cutting patterns and log rotation. Linck Holzverarbeitungstechnik, a major sawmill machinery vendor, provides turnkey sawmill machinery solutions, which have scanners to determine the cutting patterns. The output from the scanners is used by optimization systems to turn the log as per the required position for cutting.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key drivers for the global sawmill machinery market is the increase in construction activities:

Global sawmill machinery market: Increase in construction activities

The rising population across the globe is leading to an increase in construction activities, particularly for residential housing. According to the US Census Bureau and the US Department of Housing and Urban Development, the construction of privately-owned houses in the US increased from 1.20 million units in 2016 to 1.26 million units in 2017. This increase in construction activities is expected to boost the demand for lumber/wood.

According to a senior research analyst at Technavio, “Wood is used to make doors and windows for houses. The demand for furniture is also increasing with the growth in construction of buildings. Additionally, the demand for wood pulp and paper will promote demand for wood. The wood processed in sawmills is used to meet the demand for wood from all these applications. This will result in a higher demand for sawmill machinery.”

Global sawmill machinery market: Segmentation analysis

This global sawmill machinery market analysis report provides market segmentation by product (fixed sawmills and portable sawmills), by technology (band sawmills, chain sawmills, and circular sawmills), and by region (the Americas, APAC, and EMEA). This report provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the two major products, the fixed sawmills segment held the largest sawmill machinery market share in 2017, contributing to over 68% of the market. This product segment will dominate the global market throughout the forecast period.

The Americas held the largest market share in 2017, accounting for more than 39%. It was followed by EMEA and APAC respectively. The Americas is expected to dominate the market throughout the period 2018-2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181207005502/en/

CONTACT: Technavio Research

Jesse Maida

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www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING ENGINEERING

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/07/2018 02:33 PM/DISC: 12/07/2018 02:33 PM

http://www.businesswire.com/news/home/20181207005502/en

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