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Timber Cutting Machine Market Share

Report ID: GMI10195
Published Date: Jul 2024
Report Format: PDF

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Timber Cutting Machine Market Share

Global Timber Cutting Machine Company Market Share Analysis, 2023

With several key players competing for market share. Companies such as HOMAG Group, GELGOOG COMPANY, Michael Weinig AG, SCM Group, ENDICO POWER TOOLS were among the prominent players in this market. They are expected to hold a market share of around 15% in 2023 in the global market. There are large number of players operating in the market. However, consumers are more inclined towards the branded and high-quality products across the world.

Timber Cutting Machine Market Companies

Major key players profiled in the timber cutting machine industry include:

T.L Pathak Group
GELGOOG COMPANY
HOMAG Group
KIKUKAWA ENTERPRISE, INC.
Machine Tool Traders
Mebor
Michael Weinig AG
Nihar Industries
Salvador Srl
Salvamac
SCM Group
Socomec
T.L Pathak Group
WALTER Werkzeuge
Weho Machinery Group

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of timber cutting machine was reached USD 5.9 billion in 2023 and is anticipated to register 5.7% CAGR between 2024 and 2032, due to the rising technological advancements and integration of automation in machines.

The building & construction segment in the timber cutting machine market held 42% revenue share in 2023, driven by the rapid urbanization in emerging markets and the rising disposable income of consumers.

Asia Pacific timber cutting machine market size is predicted to grow at 6.9% CAGR through 2032, owing to the expanding economy and industrial modernization.

T.L Pathak Group, GELGOOG COMPANY, HOMAG Group, KIKUKAWA ENTERPRISE, INC., Machine Tool Traders, Mebor, Michael Weinig AG, Nihar Industries, and Salvador Srl, among others.