Global Wood Chipper Market

Wood Chipper Market Size, Share, Growth Analysis, By Application(Forestry and logging, landscaping and gardening, agriculture, construction), By type(Drum chippers disc chippers, screener chippers, and others), By Power source(Gasoline and electric power wood chippers, and others), By Capacity(Residential and commercial wood chippers and others), By Region - Industry Forecast 2025-2032


Report ID: SQMIG20H2018 | Region: Global | Published Date: July, 2024
Pages: 202 | Tables: 116 | Figures: 77

Wood Chipper Market Insights

Wood Chipper Market size was valued at USD 445.6 Million in 2023 and is poised to grow from USD 461.2 Million in 2024 to USD 586.8 Million by 2032, growing at a CAGR of 0.035 during the forecast period (2025-2032).

Wood Chipper is becoming popular since It is increasingly being used as a biomass fuel source for power generation. For example, according to the U.S. Energy Information Administration, wood chips accounted for 25% of all renewable energy consumption in the United States in 2019. This demonstrates the significant potential of the wood chipper market to play a crucial role in the transition towards sustainable energy sources and in mitigating the harmful effects of greenhouse gas emissions.

It offers several advantages such as it is cost-efficient, environmentally friendly, and operationally efficient. Wood chippers are machines specifically designed to process wood waste in a highly efficient manner, converting it into small chips that can be utilized for different purposes. By breaking down wood waste into small chips, wood chippers can significantly reduce the amount of waste generated in the forestry and agriculture industries. Moreover, the chips produced by wood chippers can be utilized in a variety of applications, including mulching, landscaping, and even as fuel for biomass power plants. By repurposing wood waste, wood chippers can improve the overall efficiency of these industries and help reduce their environmental impact. It is also a cost-efficient tool for managing wood waste. By converting wood waste into small chips, a wood chipper reduces the volume of waste that would otherwise need to be transported and disposed of. This, in turn, can save significant costs for forestry and agricultural businesses, as they can avoid the high expenses associated with transporting and disposing of bulky wood waste. By processing wood waste into small chips, a wood chipper helps reduce the amount of waste that would otherwise end up in landfills, where it would release harmful greenhouse gasses as it decomposes. Instead, the chips produced by a wood chipper can be utilized in a variety of eco-friendly ways. For example, Wood chips can be used as a natural mulch for landscaping and gardening. This helps retain moisture in the soil, reduces erosion, and prevents weed growth, all of which can improve soil health and plant growth

US Wood Chipper Market is poised to grow at a sustainable CAGR for the next forecast year.

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Wood Chipper Market size was valued at USD 430.4 Million in 2022 and is poised to grow from USD 445.03 Million in 2023 to USD 581.51 billion by 2031, at a CAGR of 3.4%  during the forecast period (2024-2031).

The wood chipper market is a highly competitive industry that has seen significant growth in recent years. As more businesses and individuals prioritize sustainability, the demand for wood chippers has increased as they are an essential tool for managing wood waste. Additionally, the rise of the construction industry has also led to a surge in demand for wood chippers, as they are used to clear land and dispose of wood waste from construction sites. To stay ahead in this competitive market, wood chipper manufacturers are continually innovating and introducing new models that are more efficient, versatile, and environmentally friendly. This has led to the development of wood chippers that use alternative fuels, such as electricity and biofuels, and incorporate advanced safety features to improve operator safety and reduce accidents. Several key players dominate the wood chipper market, including well-established brands such as Vermeer, Bandit Industries, Morbark, and Peterson Pacific Corp. These companies are known for producing high-quality wood chippers that are designed to meet the diverse needs of their customers. However, there are also numerous smaller players in the market who are offering more affordable wood chippers, creating intense competition in the industry. 'Bandit Industries, Inc.', 'Vermeer Corporation', 'Morbark, LLC', 'Peterson Pacific Corp.', 'Terex Corporation', 'J.P. Carlton Company, Inc.', 'Wood-Mizer, LLC', 'Wallenstein Equipment Inc.', 'Schliesing Maschinenbau GmbH', 'GreenMech Limited', 'Rayco Manufacturing, Inc.', 'Albach Maschinenbau GmbH', 'Bruks Siwertell AB (a subsidiary of JCE Group AB)', 'Bugnot SAS', 'Eliet Machines NV', 'Farmer-Helper Machinery Co., Ltd.', 'Pezzolato S.p.A.', 'Saelen Energie Developpement', 'Trelan Manufacturing, Inc.', 'Zenoah Co., Ltd. (a subsidiary of Husqvarna Group)'

The forestry and agriculture sectors are major contributors to the economy. However, these industries generate a substantial amount of wood waste that requires proper management. Efficient management of wood waste is crucial to minimize environmental impacts and ensure cost-effective operations. One effective solution to managing wood waste is through the use of wood chippers. These machines can process the wood waste into smaller, more manageable pieces, which can be used for various purposes such as composting, mulching, or even as fuel. This reduces transportation costs and improves the overall efficiency of forestry and agriculture operations. Wood chippers are a cost-effective solution for managing wood waste as they allow for the reuse of waste material, reducing the need for disposal and contributing to a more sustainable environment. The use of wood chippers also reduces the risk of fire hazards associated with large piles of wood waste, improving safety in the workplace.

The wood chipper market has been witnessing significant advancements in technology, leading to the emergence of new and improved wood chippers that offer better efficiency and performance. One of the notable technological advancements is the integration of electronic sensors in wood chippers. These sensors help in regulating the flow of wood into the machine, ensuring optimal chipping performance. They work by detecting the wood's size and adjusting the chipper's settings accordingly to achieve the best output. The result is a faster, more precise, and more efficient wood-chipping process, which saves time and reduces waste. The integration of such sensors and other advanced technologies has made wood chippers more user-friendly, reliable, and safer to operate, enhancing their overall appeal to both commercial and domestic users.

The wood chipper market is mainly controlled by the North America region. All the regions along with North America possess an established forestry industry and a high requirement for wood chippers. These regions use wood chippers to process wood waste and biomass for numerous applications, including energy production and animal bedding.

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Global Wood Chipper Market

Report ID: SQMIG20H2018

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