Global Wood Chipper Market Overview
Wood Chipper Market Size was valued at USD 0.51 Billion in 2022. The Wood Chipper industry is projected to grow from USD 0.53 Billion in 2023 to USD 0.71 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 3.80% during the forecast period (2023 - 2032). Increasing demand for biomass energy and increasing adoption of Wood Chippers in landscaping and agriculture applications are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Wood Chipper Market Trends
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Increasing demand for biomass energy is driving the market growth
The increasing demand for biomass energy is a significant driver for the Wood Chipper market. As focus on renewable energy intensifies, Wood Chippers play a crucial role in the production of biomass fuel. These machines efficiently process wood waste into wood chips, a vital feedstock for biomass energy facilities. Wood chips serve as a sustainable and renewable source of energy, contributing to reduced dependence on fossil fuels. The demand for Wood Chippers is propelled by industries and regions adopting biomass energy as a cleaner alternative. Additionally, government initiatives promoting bioenergy and sustainable forestry practices further boost the market, making Wood Chippers integral to the biomass energy supply chain.
The Wood Chipper market is experiencing growth due to the increasing adoption of Wood Chippers in landscaping and agriculture applications. In landscaping, Wood Chippers are utilized for tasks such as mulching, clearing debris, and creating compost, offering a sustainable solution for green waste management. In agriculture, these machines play a vital role in tasks like orchard maintenance, land clearing, and converting pruned branches into valuable mulch. The versatility and efficiency of Wood Chippers in these applications contribute to their rising demand, catering to the needs of landscapers, farmers, and agricultural professionals. As the importance of sustainable practices gains prominence in both landscaping and agriculture, Wood Chippers become integral tools for environmentally friendly and efficient wood waste management in these sectors.
Compact and portable designs are driving the Wood Chipper market by catering to the evolving needs of residential users, landscapers, and small businesses. The demand for more mobile and versatile Wood Chippers is rising as users seek convenient solutions for wood waste management. Compact designs make these machines easier to maneuver, especially in confined spaces, while portability allows for efficient use across various locations. Homeowners and small-scale commercial users appreciate the convenience of easily transportable Wood Chippers, enabling them to handle tree pruning, branch chipping, and garden waste recycling. As urban and suburban spaces become more prominent markets, the compact and portable features of Wood Chippers enhance their accessibility and usability, driving market growth in these user segments.
For instance, As reported by the Energy Information Administration (EIA), the United States produced around 17.5 billion gallons of biofuels in 2021, and approximately 16.8 billion gallons were consumed. With the growing demand for bioenergy generation, there is an anticipated substantial increase in the need for wood pellets, creating opportunities for the utilization of forestry equipment. Thus, driving the Wood Chipper market revenue.
Wood Chipper Market Segment Insights
Wood Chipper Product Type Insights
The Wood Chipper market segmentation, based on product type includes Disc Type, Drum Type and Screw Type. The disc type segment dominated the market, accounting for 35% of market revenue (0.18 Billion). Disc type wood chippers have captured the largest market share due to their efficiency and versatility. These chippers are adept at processing a wide range of wood materials, including branches and logs. Their robust disc cutting mechanism ensures effective and consistent chipping, making them suitable for various applications, from residential landscaping to commercial forestry. Additionally, disc type Wood Chippers are known for their durability and low maintenance requirements, contributing to their popularity among users. Their ability to handle different wood sizes and types positions them as a preferred choice, driving their dominance in the Wood Chipper market.
Drum type Wood Chippers are experiencing the highest Compound Annual Growth Rate (CAGR) in the market due to their efficiency and suitability for specific applications. These chippers excel in chipping smaller, uniform wood materials, making them increasingly popular for biomass and pellet production. Drum chippers offer a consistent and controlled chipping process, contributing to the growing demand for renewable energy sources. Their effectiveness in producing uniform wood chips for various industries, coupled with a rising emphasis on sustainable practices, positions drum type Wood Chippers for significant growth, leading to their highest CAGR in the Wood Chipper market.
Wood Chipper Fuel Type Insights
The Wood Chipper market segmentation, based on fuel type, includes Diesel Engine, Petrol Engine and Electric Driven. The diesel engine category generated the most income (40%). Diesel engine fuel type has secured the largest market share in the Wood Chipper industry due to its advantages in terms of power, efficiency, and versatility. Diesel-powered Wood Chippers offer high torque, making them capable of handling heavy-duty tasks such as chipping large branches and logs. Additionally, diesel engines provide greater mobility without reliance on external power sources, making them suitable for various environments. The robust and reliable nature of diesel engines contributes to their popularity, particularly in commercial and industrial settings, establishing them as the preferred choice and capturing the largest market share in the Wood Chipper market.
Petrol engine fuel type is experiencing the highest Compound Annual Growth Rate (CAGR) in the Wood Chipper market due to its increasing popularity for residential and small-scale commercial applications. Petrol-powered Wood Chippers are favored for their ease of use, portability, and lower emissions compared to diesel alternatives. They are well-suited for lighter tasks like garden waste and tree pruning, appealing to a broader consumer base. As environmental concerns and regulations drive demand for cleaner options, petrol engine Wood Chippers are witnessing significant growth, leading to the highest CAGR in the market.
Figure 1: Wood Chipper Market, by Fuel Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Wood Chipper Capacity Insights
The Wood Chipper market segmentation, based on capacity, includes 10-250 kg/hr, 250-3000 kg/hr, 3000-10000 kg/hr and Above 10000 kg/hr). The 10-250 kg/hr category generated the most income (20.4%). The 10-250 kg/hr capacity range has captured the largest market share in the Wood Chipper industry due to its versatility and applicability across diverse user needs. This capacity range caters to a broad spectrum of users, including residential, landscaping, and small-scale commercial applications. Wood Chippers within this range offer an optimal balance between power and efficiency, making them suitable for various tasks such as garden waste processing and tree pruning. The flexibility and adaptability of Wood Chippers in the 10-250 kg/hr capacity range contribute to their widespread adoption, securing the largest market share.
The 3000-10000 kg/hr capacity range is experiencing the highest Compound Annual Growth Rate (CAGR) in the Wood Chipper market due to its appeal in industrial and large-scale applications. Wood Chippers within this range are well-suited for heavy-duty tasks, such as forestry operations and biomass processing for energy production. As the demand for efficient wood processing solutions increases in industrial settings, the higher throughput capabilities of chippers in the 3000-10000 kg/hr capacity range drive their growth, leading to the highest CAGR in the Wood Chipper market.
Wood Chipper End-Use Insights
The Wood Chipper market segmentation, based on end-use, includes Construction, Forestry & Biomass, Paper & Pulp, Timber Factories & Sawmills and Other. Construction end-use has captured the largest market share in the Wood Chipper industry due to the extensive use of Wood Chippers in land clearing, site preparation, and waste management during construction projects. Wood Chippers efficiently process tree limbs, branches, and other wood debris, contributing to a cleaner and more organized construction site. The versatility of Wood Chippers in handling various wood materials aligns with the diverse needs of the construction sector, making them a crucial tool in enhancing efficiency and sustainability in construction-related activities, hence capturing the largest market share.
Wood Chipper Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America has secured the largest market share in the Wood Chipper industry due to several factors. The region witnesses significant demand for Wood Chippers across various applications, including construction, landscaping, and forestry. Robust infrastructure development, coupled with a strong emphasis on sustainable forestry practices, drives the adoption of Wood Chippers. Additionally, the presence of key market players, technological advancements, and stringent environmental regulations further contribute to North America's dominance in the Wood Chipper market, capturing the largest share.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: WOOD CHIPPER MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Wood Chipper market accounts for the second-largest market share due to , the presence of well-established forestry and landscaping sectors. Europe has secured the second-largest market share in the Wood Chipper industry owing to its commitment to sustainable forestry practices and stringent environmental regulations. The region's emphasis on biomass energy and the utilization of wood waste for various applications drive the demand for Wood Chippers. Additionally, the presence of well-established forestry and landscaping sectors, coupled with technological advancements in wood processing, contributes to Europe's prominence in the Wood Chipper market, capturing the second-largest share.
Further, the German Wood Chipper market held the largest market share, and the UK Wood Chipper market was the fastest growing market in the European region
The Asia-Pacific Wood Chipper Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to increasing demand for wood-based products. The Asia Pacific region is experiencing the highest Compound Annual Growth Rate (CAGR) in the Wood Chipper market due to rapid urbanization, industrialization, and increasing demand for wood-based products. Growing construction and landscaping activities, coupled with the rising adoption of Wood Chippers for waste management and biomass production, drive the market's expansion. Additionally, supportive government initiatives, infrastructure development, and the booming agriculture sector contribute to the robust growth of Wood Chipper adoption in the Asia Pacific region, leading to the highest CAGR.
Moreover, China’s Wood Chipper market held the largest market share, and the Indian Wood Chipper market was the fastest growing market in the Asia-Pacific region.
Wood Chipper Key Market Players & Competitive Insights
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Wood Chipper industry to benefit clients and increase the market sector. In recent years, the Wood Chipper industry has offered some of the most significant advantages to medicine. Major players in the Wood Chipper market, including Vermeer Corporation, Bandit Industries, Inc., Morbark, LLC, J.P. Carlton Company, Terex Corporation, Peterson Pacific Corp., Schliesing Maschinenbau GmbH, Albach Maschinenbau GmbH, GreenMech Ltd. And TS Manufacturing Co. and others, are attempting to increase market demand by investing in research and development operations.
Vermeer Corporation, a prominent player in the Wood Chipper market, is renowned for its innovative solutions in environmental and agricultural industries. The company specializes in the manufacturing of Wood Chippers, stump grinders, and other equipment. Vermeer's Wood Chippers are known for their durability, efficiency, and advanced features. With a commitment to sustainability, Vermeer focuses on creating machines that enhance productivity while minimizing environmental impact. The company's diverse product portfolio and presence have solidified its position as a leading player in the Wood Chipper market. Vermeer Corporation continues to drive advancements in wood processing technology, catering to the evolving needs of industries involved in landscaping, forestry, and biomass production.
Peterson Pacific Corp. is a key player in the Wood Chipper market, specializing in the design and manufacturing of high-quality wood processing equipment. With a focus on innovation, the company produces a range of horizontal grinders, chippers, and other forestry machinery. Peterson's Wood Chippers are known for their reliability, efficiency, and rugged construction, making them suitable for a variety of applications, including biomass production and land clearing. The company's commitment to customer satisfaction, coupled with its emphasis on environmentally responsible solutions, has contributed to its success in the Wood Chipper industry. Peterson Pacific Corp. continues to play a pivotal role in advancing technology for wood processing and forestry applications.
Key Companies in the Wood Chipper market include
Wood Chipper Industry Developments
March 2022: Volvo Construction Equipment (Volvo CE) has unveiled its latest initiative, the Compact Business Unit. This strategic move involves the establishment of a specialized business unit exclusively focused on the comprehensive range of compact equipment machines and solutions. The objective behind this dedicated unit is to stimulate growth and enhance profitability within this crucial and expanding product category. Volvo CE's emphasis on creating a distinct business unit underscores its commitment to addressing the unique needs of the compact equipment market, marking a significant step forward in the company's efforts to fortify its presence and success in this evolving segment.
January 2022: Caterpillar has introduced the MH3050, a novel material handler, showcasing enhanced performance, reliability, and a comfortable premium cab. The 3050 incorporates an advanced electrohydraulic system to optimize the balance between power and efficiency, resulting in improved cycle times for handling more material within the same timeframe, ultimately boosting profit potential. This addition expands Caterpillar's material handler lineup, offering advanced solutions for industrial applications. The MH3050 underlines Caterpillar's commitment to innovation, providing a versatile and efficient solution to meet the evolving needs of material handling in various industrial settings.
Wood Chipper Market Segmentation
Wood Chipper Product Type Outlook
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Disc Type
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Drum Type
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Screw Type
Wood Chipper Fuel Type Outlook
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Diesel Engine
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Petrol Engine
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Electric Driven
Wood Chipper Capacity Outlook
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10-250 kg/hr
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250-3000 kg/hr
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3000-10000 kg/hr
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Above 10000 kg/hr
Wood Chipper End-Use Outlook
Wood Chipper Regional Outlook
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
| Report Attribute/Metric |
Details |
| Market Size 2022 |
USD 0.51 Billion |
| Market Size 2023 |
USD 0.53 Billion |
| Market Size 2032 |
USD 0.71 Billion |
| Compound Annual Growth Rate (CAGR) |
3.80% (2023-2032) |
| Base Year |
2022 |
| Market Forecast Period |
2023-2032 |
| Historical Data |
2018- 2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Product Type, Fuel Type, Capacity, End-Use and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Vermeer Corporation, Bandit Industries, Inc., Morbark, LLC, J.P. Carlton Company, Terex Corporation, Peterson Pacific Corp., Schliesing Maschinenbau GmbH, Albach Maschinenbau GmbH, GreenMech Ltd. And TS Manufacturing Co. |
| Key Market Opportunities |
Growing adoption in landscaping and agriculture applications |
| Key Market Dynamics |
increasing demand for biomass energy |
Wood Chipper Market Highlights:
Frequently Asked Questions (FAQ) :
The Wood Chipper market size was valued at USD 0.51 Billion in 2022.
The market is projected to grow at a CAGR of 3.80% during the forecast period, 2023-2032.
North America had the largest share in the market
The key players in the market are Vermeer Corporation, Bandit Industries, Inc., Morbark, LLC, J.P. Carlton Company, Terex Corporation, Peterson Pacific Corp., Schliesing Maschinenbau GmbH, Albach Maschinenbau GmbH, GreenMech Ltd. And TS Manufacturing Co. Company.
The disc type category dominated the market in 2022.
The Forestry & Biomass had the largest share in the market.
