North America Sawmill Machinery Market
The North America sawmill machinery market was valued at US$ 534.81 million in 2023 and is expected to reach US$ 700.22 million by 2031; it is estimated to record a CAGR of 3.4% from 2023 to 2031. Increasing Urbanization and Infrastructure Development Worldwide Fuel North America Sawmill Machinery Market
According to the World Bank Group, currently, more than 55% of the total population across the world lives in cities, which is expected to increase by 1.5 times by 2045. Urban areas generate more than 80% of the global GDP and can contribute to sustainable growth through increased productivity and innovation. Adequate infrastructure, including elements such as roads, water supply, electricity, and sanitation, is a prerequisite for the growth and prosperity of urban areas.
According to the updated list of urban areas provided by the United States Census Bureau in December 2022, urban population in the US increased by 6.9% between 2010 and 2023. The West region of the US remained the most urban of the country's four census areas, with 88.9% of its inhabitants living in cities, followed by the Northeast region with 84.0% as of 2022. Apart from the US, Spain has also witnessed a notable rise in urbanization. According to United Nations in 2023, 82.0% of the population lived in cities. With a rapidly increasing urban population, the construction sector is growing at a rapid pace. Small-scale construction activities are upsurging across the world.
Government initiatives toward the development of smart cities and infrastructure development have resulted in increasing urbanization. For example, according to Smart America, in June 2022, city governments in the US announced their plan to invest ?US$ 41 trillion in infrastructure upgrades and the implementation of Internet of Things solutions over the next 20 years. Such initiatives are projected to support the development of smart cities. The rise of smart cities drives sawmill demand as urban development projects require large quantities of sustainable and high-quality timber for construction, infrastructure, and smart building solutions. Increased demand for eco-friendly materials in smart city designs further boosts the need for processed lumber from sawmills.North America Sawmill Machinery Market Overview
Forest industries are a key contributor to the US economy by offering jobs from forests to showrooms. The economic benefits of the industry are felt throughout the country, but each region of the nation depends on different components of the industry to fluctuating degrees, including hardwood manufacturing in the east to softwood lumber and plywood production in the west. Additionally, the forest industry comprises many occupations, from natural resource professionals working in the field and production workers in mills and factories to statistics and financial experts working in office settings. The growing government focus on developing the forestry sector is one of the prime driving factors behind the growth of the sawmill machinery market. In May 2024, Deputy Secretary of Agriculture Xochitl Torres Small stated that the Department of Agriculture's Forest Service is investing ?US$ 74 million to ignite innovation and generate new markets for wood products and renewable wood energy from sustainably obtained wood and increase the capability of wood processing facilities as part of President's Investing in America agenda. Sustainably obtained materials for wood products precisely support efforts to improve forest health. Eliminating dead trees and overgrown vegetation decreases wildfire risk, increases forest health, and establishes wildlife habitat, all while supporting the forest products economy, which is directly impacting the demand for sawmill machinery market in the US. In addition, the development of the construction industry in the US is growing with the increasing number of commercial, residential, and civil engineering projects, which also fuels the demand for wood-related artifacts and furniture and boosts the demand for sawmill machinery in the US.
North America Sawmill Machinery Market Revenue and Forecast to 2031 (US$ Million)
Strategic insights for the North America Sawmill Machinery provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market. The geographic scope of the North America Sawmill Machinery refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
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Report Attribute
Details
Market size in 2023
US$ 534.81 Million
Market Size by 2031
US$ 700.22 Million
Global CAGR (2023 - 2031)
3.4%
Historical Data
2025-2031
Forecast period
2021-2023
Segments Covered
By Type
By Application
Regions and Countries Covered
North America
Market leaders and key company profiles
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North America Sawmill Machinery Market Segmentation
The North America sawmill machinery market is segmented based on type, application, and country. Based on type, the North America sawmill machinery market is bifurcated into fixed sawmills and portable sawmills. The fixed sawmills segment held a larger market share in 2023.
In terms of application, the North America sawmill machinery market is bifurcated into woodworking industry and forestry. The woodworking industry segment held a larger market share in 2023.
Based on country, the North America sawmill machinery market is segmented into the US, Canada, and Mexico. The US dominated the North America sawmill machinery market share in 2023.
HewSaw; BID Group Technologies Ltd; Advanced Sawmill Machinery Inc; McDonough Manufacturing Company; Corley MFG; Hurdle Machine Works, Inc.; Salem Equipment, Inc; USNR, LLC; Optimil Machinery Inc.; Real Performance Machinery, LLC; and A.COSTA-RIGHI S.R.L. are some of the leading players operating in the North America sawmill machinery market.
The North America Sawmill Machinery Market is valued at US$ 534.81 Million in 2023, it is projected to reach US$ 700.22 Million by 2031.
As per our report North America Sawmill Machinery Market, the market size is valued at US$ 534.81 Million in 2023, projecting it to reach US$ 700.22 Million by 2031. This translates to a CAGR of approximately 3.4% during the forecast period.
The North America Sawmill Machinery Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Sawmill Machinery Market report:
The North America Sawmill Machinery Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Sawmill Machinery Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Sawmill Machinery Market value chain can benefit from the information contained in a comprehensive market report.
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