Woodworking Machine Market: Global Industrial Analysis and Forecast (2023-2029)

The Global Woodworking Machine Market size is projected to reach USD 6393.24 Mn. at the end of the forecast period at a CAGR of 3.9%.

Woodworking Machine Market Introduction

Woodworking machinery is the working of wood which is basically required for dimensions and shapes. At the present time, woodworking machines are used in applications such as home construction, marines, and locomotives. These machines are employed in small-scale commercial production units that are mainly focused on timber products. The majority of the woodworking machines are electrically driven and a small percentage of them are hydraulically driven. The size of the machines varies with the application that they are being used for. Some examples of woodworking machinery are jointers, shapers, saws, routers, and others.Woodworking Machine Market To know about the Research Methodology :- Request Free Sample Report

Woodworking Machine Market Dynamics

Due to increased brand consciousness and awareness about interior design trends, residential and commercial users have increased the magnitude of investments in furnishing products in wooden categories. Furniture manufacturers use woodworking machines to deliver highly engineered wooden furniture to end-users. In addition, increasing preference towards automation of manufacturing units to improve productivity and enhance overall efficiency is further expected to escalate the demand for woodworking machines in the near future. The increasing focus on ensuring flexibility and highly personalized product in the woodworking industry has increased the need for highly specialized woodworking machinery in the production process. This is creating a scope for automation of traditional woodworking machinery. Automated woodworking machines are getting more flexible for the users during the entire production lifecycle of the development of wood products.

Woodworking Machine Market Segment Analysis

The significant positive growth observed in the furniture industry is expected to influence the woodworking machinery market. Wooden furniture and household wooden furniture are the basic products that are developed using woodworking machinery. In residential spaces, furniture is used for its usability and aesthetics. Specifically, the demand for portable wooden furniture is increasing due to the trend of shifting homes. Market growth in this segment will be slower than the growth of the market in the construction and others segments. Based on operating principle, mechanical woodworking machines are expected to dominate the market. However, electric machines are anticipated to witness significant growth in near future, owing to the increasing preference for smart machines in countries, such as the U.S., Europe, and India.

Woodworking Machine Market Regional Insights

34% of the market’s growth will originate from APAC during the forecast period. China is one of the key markets for woodworking machines in APAC. Market growth in this region will be faster than the growth of the market in other regions. The economic advancements and population explosion will facilitate the woodworking machines market growth in APAC over the forecast period. North America is expected to dominate the global woodworking machines market, owing to increasing automation of manufacturing units in this region.

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Global Woodworking Machine Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 4891.16 Mn.
Forecast Period 2023 to 2029 CAGR: 3.9% Market Size in 2029: US $ 6393.24 Mn.
Segments Covered: by Operating Principle Mechanical Electric
by Product Type Thickness planer Grinding machines Chain/chisel mortise Routers Others (saw, drills, etc.)
by End Use Construction Industry Furniture Industry

Woodworking Machine Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Woodworking Machine Market, Key Players are

1. Biesse Group 2. Durr 3. IMA-Schelling 4. SCM Group 5. KTCC Woodworking Machinery 6. Woodworking Machine – Oliver Machinery 7. Holytek Industrial Corporation 8. WEINIG Group 9. Cantek America 10. Gongyou Group 11. HOMAG Group 12. Paolino Bacci 13. Masterwood SpA 14. Dura Wood Working Machinery Industry & Trade Company LTD 15. ROJEK Woodworking Machinery 16. Otto Martin aschinenbau GmbH & Co.KG Frequently Asked questions 1. What is the market size of the Global Market in 2022? Ans. The market size Global  Market in 2022 was US$ 4891.16 Million. 2. What are the different segments of the Global  Market ? Ans. The Global  Market is divided into Product Type, Operating Principle and End Use. 3. What is the study period of this market? Ans. The Global Market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Market ? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Woodworking Machine Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Woodworking Machine Market 3.4. Geographical Snapshot of the Woodworking Machine Market, By Manufacturer share 4. Global Woodworking Machine Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Woodworking Machine Market 5. Supply Side and Demand Side Indicators 6. Global Woodworking Machine Market Analysis and Forecast, 2022-2029 6.1. Global Woodworking Machine Market Size & Y-o-Y Growth Analysis. 7. Global Woodworking Machine Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 7.1.1. Mechanical 7.1.2. Electric 7.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 7.2.1. Thickness planer 7.2.2. Grinding machines 7.2.3. Chain/chisel mortise 7.2.4. Routers 7.2.5. Others (saw, drills, etc.) 7.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 7.3.1. Construction Industry 7.3.2. Furniture Industry 8. Global Woodworking Machine Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Woodworking Machine Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 9.1.1. Mechanical 9.1.2. Electric 9.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 9.2.1. Thickness planer 9.2.2. Grinding machines 9.2.3. Chain/chisel mortise 9.2.4. Routers 9.2.5. Others (saw, drills, etc.) 9.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 9.3.1. Construction Industry 9.3.2. Furniture Industry 10. North America Woodworking Machine Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Woodworking Machine Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 12. Canada Woodworking Machine Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 13. Mexico Woodworking Machine Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 14. Europe Woodworking Machine Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 15. Europe Woodworking Machine Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Woodworking Machine Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 17. France Woodworking Machine Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 18. Germany Woodworking Machine Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 19. Italy Woodworking Machine Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 20. Spain Woodworking Machine Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 21. Sweden Woodworking Machine Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 22. CIS Countries Woodworking Machine Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 23. Rest of Europe Woodworking Machine Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 24. Asia Pacific Woodworking Machine Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 25. Asia Pacific Woodworking Machine Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Woodworking Machine Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 27. India Woodworking Machine Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 28. Japan Woodworking Machine Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 29. South Korea Woodworking Machine Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 30. Australia Woodworking Machine Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 31. ASEAN Woodworking Machine Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 32. Rest of Asia Pacific Woodworking Machine Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 33. Middle East Africa Woodworking Machine Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 34. Middle East Africa Woodworking Machine Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Woodworking Machine Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 36. GCC Countries Woodworking Machine Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 37. Egypt Woodworking Machine Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 38. Nigeria Woodworking Machine Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 39. Rest of ME&A Woodworking Machine Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 40. South America Woodworking Machine Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 41. South America Woodworking Machine Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Woodworking Machine Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 43. Argentina Woodworking Machine Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 44. Rest of South America Woodworking Machine Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Operating Principle, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Product Type, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End Use, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Woodworking Machine Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Biesse Group 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Durr 45.3.3. IMA-Schelling 45.3.4. SCM Group 45.3.5. KTCC Woodworking Machinery 45.3.6. Woodworking Machine – Oliver Machinery 45.3.7. Holytek Industrial Corporation 45.3.8. WEINIG Group 45.3.9. Cantek America 45.3.10. Gongyou Group 45.3.11. HOMAG Group 45.3.12. Paolino Bacci 45.3.13. Masterwood SpA 45.3.14. Dura Wood Working Machinery Industry & Trade Company LTD 45.3.15. ROJEK Woodworking Machinery 45.3.16. Otto Martin aschinenbau GmbH & Co.KG 45.3.17. Other Key Players 46. Primary Key Insights
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