The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The increasing adoption of the automated woodworking machinery market are expected to drive innovation in woodworking machinery manufacturing, thus driving the market during the forecast period.

The global woodworking machinery market is expected to grow from $28.18 billion in 2022 to $30.32 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The woodworking machinery market is expected to reach $39.26 billion in 2027 at a CAGR of 6.7%.

Get A Free Sample On The Global Woodworking Machinery Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5319&type=smp

Global Woodworking Machinery Market Segments Include:

• By Product Type: Thickness Planer, Grinding Machines, Chain Or Chisel Mortise, Routers, Wood Lathes, Other Product Types
• By Operating Principal: Electrical, Mechanical
• By Sales Channel: Online, Offline
• By End-User: Furniture Industry, Construction Industry, Other End-Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global woodworking machinery market in 2021.

Major Market Players in the woodworking machinery market include SCM Group, HOMAG Group, Paolino Bacci, Biesse Group, Michael Weinig AG, Otto Martin Maschinenbau GmbH & Co. KG, Oliver Machinery Co.

Technological advancements are shaping the woodworking machinery market. Major companies operating in the woodworking machinery sector are focused on developing technological solutions for woodworking machinery to satisfy the rising market demand. For instance, in April 2020, Walter, a Germany-based machine industry launched Helitronic Raptor Diamond, an eroding and grinding machine. The Helitronic Raptor Diamond is equipped with Fine Pulse Technology. For wood or metal tools, the Helitronic Raptor Diamond offers maximum flexibility. This machine is designed for re-sharpening polycrystalline diamonds. Helitronic Raptor Diamond is not equipped with wheel/electrode changers, robot loaders, or hydraulic tool supports, unlike other machines by Walter.

The Woodworking Machinery Global Market Report 2023  provides a woodworking machinery market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The woodworking machinery market forecast analyzes woodworking machinery market size, woodworking machinery market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Woodworking machines are specially designed machines that are used in workshops to cut, saw, plane, or drill wood for the production of furniture.These machines are primarily powered by electric motors or are mechanical and are widely used in woodworking to provide fine dimensions and shapes. The woodworking machinery converts raw wood materials into structural products including plywood, boards, and beams for use in construction, shipbuilding, furniture, and others.

Explore Similar Reports From The Business Research Company:

Finished Wood Products Global Market Report 2023

Woodworking And Paper Machinery Global Market Report 2023

Wood Products Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: