The feller buncher market is used in processing lumber and mechanizing felling and bunching of trees. Feller bunchers feature a cutting saw head and grapple arms that cut trees and gather treetops into bundles for transport. The global feller buncher market benefits from growing construction and manufacturing sectors using processed wood products. Rising environmental awareness is also increasing sustainable forestry practices and demand for more precise feller bunchers.
The Feller Buncher Market is estimated to be valued at US$ 4.43 Bn in 2024 and is expected to exhibit a CAGR of 5.1% over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the feller buncher market are Caterpillar, Deere and Company, Doosan Infracore Co. Ltd., Eco Log Sweden AB, Grema, Hitachi Construction Machinery Co., Ponnse, CNH Global, Komatsu, John Deere and Company, Komatsu America Corporation, Volvo Group, Tigercat International Inc., Weiler Forestry, Barko Hydraulics, LLC, Dougherty Forestry MFG., and TimberPro Inc. Caterpillar and Deere currently dominate the market with their wide product ranges.
Growing raw wood materials and processed lumber products is driving increased adoption of Feller Buncher Market Demand globally. The market is experiencing higher equipment sales in regions with expanding construction and manufacturing sectors such as North America, Europe, and Asia Pacific.
Major feller buncher companies are also expanding their operations globally through partnerships with distributors. Companies are localized their manufacturing and servicing networks in high growth regions like Southeast Asia, South America, and Africa to tap demand from increasing commercial forestry practices.
Market Key Trends
Increased mechanization of forestry processes is a key trend in the feller buncher market. Advanced feller bunchers feature more precise cutting heads, grapples with greater payload capacities, upgraded emission systems, and options for remote monitoring of equipment health. Mechanized felling and bunching increases productivity compared to manual methods. Forest owners are increasingly preferring feller bunchers that bundle cut trees for faster extraction.
Adoption of feller bunchers fitted with global navigation satellite systems (GNSS) is also growing. GNSS-equipped feller bunchers support controlled harvesting with precision felling, terrain mapping, and yield optimization functions. This enables sustainable harvesting practices compliant with environmental protection guidelines. Precision feller bunchers leave fewer residual trees after harvesting and cause less soil disturbance.
Porter’s Analysis
Threat of new entrants: The feller buncher market has a moderate threat of new entrants due to the high initial capital investment needed for R&D, manufacturing, and marketing.
Bargaining power of buyers: Buyers have moderate bargaining power due to the availability of substitutes and differentiated products offered by various vendors.
Bargaining power of suppliers: Suppliers have low to moderate bargaining power in the feller buncher market as there are many established suppliers.
Threat of new substitutes: The threat is low as feller bunchers have no close substitutes for harvesting trees efficiently.
Competitive rivalry: The rivalry is high among the major global players in the feller buncher market owing to their broad product portfolio and strong global presence.
Geographical regions where market in terms of value is concentrated:
North America and Europe currently hold the majority of market share as feller bunchers are widely adopted for forestry and log harvesting activities in these regions. Highly mechanized logging operations and stringent workplace safety regulations drive feller buncher demand.
Fastest growing region for the feller buncher market:
The Asia Pacific region is expected to see the fastest growth during the forecast period owing to increasing commercial forestry and plantation activities in countries like China, India, Indonesia and Malaysia. Growing awareness about mechanized harvesting and favorable government policies to promote sustainable forestry will fuel feller buncher adoption in Asia Pacific.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
