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 2024-2031

Global 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).

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.