The wood chippers market achieved a size of US$ 418.2 million in 2022 and is expected to surpass US$ 430.4 million by the end of 2030. Furthermore, with increasing adoption in various end-use sectors, the demand for wood chippers is projected to grow at a CAGR of 3.4% between 2022 and 2032, reaching a valuation of US$ 598.6 million by 2030.
Wood chippers are robust machines used to reduce wood, particularly tree limbs and trunks, into smaller wood chips. These machines offer a convenient solution for garden owners to streamline the cleanup process and are increasingly being utilized in construction sites and other industries to chip different types of wood materials into manageable chips. These chips can be easily transported and used as fuel in various sectors.
The user-friendly nature of wood chippers for domestic applications like gardening and landscaping is expected to drive the demand for these products during the forecast period. Similarly, the need for wood chipper machines is anticipated to increase due to the growing use of organic mulch in landscaping, gardening, ecological restoration, and as a substrate for mushroom cultivation. Additionally, theme parks and botanical gardens are experiencing a rising demand for wood chippers to shape and trim trees, maintaining aesthetic appeal on their premises.
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Insights by Product Category
Which product type is gaining popularity in the global wood chipper market?
The drum-type wood chippers hold a significant market share in the global wood chipper market, accounting for approximately 45 to 50%, according to MarketDigits. This segment is expected to grow at a CAGR of 3.5% until 2032. The increasing adoption of drum wood chippers across various industries can be attributed to their ease of operation, low maintenance cost, and long working life.
Drum wood chippers offer consistent knife velocity and produce more uniform wood chips compared to other types of wood chippers. They are particularly useful in situations where a large quantity of wood chips needs to be generated within a specific timeframe. With a higher maximum capacity range compared to disc wood chippers, drum wood chippers are the preferred choice in several industries.
Moreover, a majority of wood chipper manufacturers have included significant models and enhancements of drum chippers in their product portfolios to cater to the demands of various end-use sectors.
Competitive Landscape
Leading market players operating in the global wood chipper market include Terex, Morbark, Bandit, Vermeer, Patriot Products Inc., Avant Tecno Oy, Bruks Siwertell Ab, Bugnot 52, Crary Industries, Inc., Wajax Limited, Barreto Manufacturing Inc., Salsco Inc., Vecoplan, LLC, Bca Industries Inc., and Pequea Machine, Inc, among others.
These key wood chipper manufacturers are continuously focusing on expanding their customer base and increasing their revenue shares through new product launches, partnerships, mergers, acquisitions, and collaborations.
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Key Segments Covered In Wood Chipper Industry Analysis
By Product Type:
• Disc Type
• Drum Type
• Screw Type
By Fuel Type:
• Diesel Engine
• Petrol Engine
• Electric Driven
By Capacity:
• 10-250 kg/hr
• 250-3000 kg/hr
• 3000-10000 kg/hr
• Above 10000 kg/hr
By End Use:
• Construction
• Forestry & Biomass
• Paper & Pulp
• Timber Factories & Sawmills
• Others
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Terex, Morbark. & Vermeer: Top Manufacturers Letting You Clean & Reduce Wood into Smaller Wood Chips
Wood chippers are increasingly being used by companies as a means of making wood chips and pellets. They can turn residuals left over from the sawmilling process into mulch and thus helps to reduce waste and save money. Companies that have invested in wood chipper have reported significant savings in labor costs and energy consumption.
Terex is a multinational maker of material-handling equipment and aerial work platforms. The company creates, manufactures, and supplies equipment used in construction, maintenance, manufacturing, energy, recycling, minerals, and materials management. Certain Terex products and solutions help clients decrease their environmental impact and improve productivity.
The company offers various electric and hybrid solutions that are silent and emission-free, promote renewable energy, and aid in the recovery of usable materials from various sorts of trash.
