The Precision Forestry Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Precision Forestry Market?
The size of the Precision Forestry Global Market Report 2025 market has seen a swift expansion in recent years. The market size was $5.19 billion in 2024 and it is anticipated to reach $5.71 billion in 2025, experiencing a compound annual growth rate (CAGR) of 10.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Precision Forestry Industry?
The Precision Forestry Global Market is predicted to increase to a size of $7.88 billion in 2029, with a compound annual growth rate (CAGR) of 8.4%.
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What are the Key Growth Drivers Fueling the Precision Forestry Market?
The key drivers in the precision forestry market are:
• Rising demand for carbon sequestration services
• Increased investment in research and development
• Growing need for urban forestry management solutions
• Expansion of Internet of Things (IoT) applications in the sector.
Global Market Segmentation: Identifying Major Precision Forestry Industry Segments
The precision forestry market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Technology: Cut-To-Length (CTL), Geospatial, Fire Detection
3) By Application: Genetics And Nurseries, Silviculture And Fire Management, Harvesting Management, Inventory And Logistics Management
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What are the Emerging Trends Shaping the Future of the Precision Forestry Market?
The key trends in the precision forestry market are:
• The integration of artificial intelligence and machine learning is an emerging trend in the precision forestry market.
• There is a growing trend of utilizing blockchain for traceability and certification in the industry.
• Enhanced remote sensing capabilities are significantly shaping the future of the market.
• The rise of autonomous forestry equipment is a major forthcoming trend in the industry.
Who Are the Top Competitors & Leading Players in the Precision Forestry Market?
Major companies in the precision forestry market are:
• Caterpillar Inc.
• Deere & Company
• CNH Industrial N.V.
• Kubota Corporation
• Monsanto Company
• AGCO Corporation
• Hitachi Construction Machinery Co Ltd.
• Valmont Industries Inc.
• J C Bamford Excavators Ltd. (JCB)
• Trimble Inc.
• Volvo Group
• AFRY AB
• Ponsse PLC
• Tigercat International Inc.
• Precision Planting LLC
• Sampo Rosenlew Ltd.
• A.G. Leader Technology Inc.
• BouMatic LLC
• Taranis
• AgJunction Inc.
• AgEagle Aerial Systems Inc.
• Rottne Industri AB
• Insight Robotics Limited
• Komatsu Forest AB
• Treemetrics Ltd.
• Hyundai Doosan Infracore Co Ltd.
Regional Dominance: Which Area Leads the Global Precision Forestry Market?
North America was the largest region in the precision forestry market in 2024
