The North America Log Splitters Market would witness market growth of 3.9% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 1,179.6 thousand units, showcasing a growth of 13.5% (2020-2023).
In the Log Splitters Market, the segment dedicated to gas-powered log splitters occupies a prominent position, catering to users seeking powerful and versatile solutions for wood-splitting tasks. Gas-powered log splitters are favoured for their portability, high performance, and ability to handle heavy-duty applications, making them suitable for both residential and commercial use. Thus, the US market would utilize 136.4 thousand units of Log Splitters by 2031.
The US market dominated the North America Log Splitters Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $953.5 Million by 2031. The Canada market is showcasing a CAGR of 6.3% during (2024 - 2031). Additionally, The Mexico market would register a CAGR of 5.4% during (2024 - 2031).
Log splitter manufacturers increasingly integrate smart technologies and automation features into their products. This includes digital control panels, programmable settings, and remote operation capabilities, allowing users to monitor and control the splitting process from their smartphones or tablets. Advanced safety features such as automatic ram retraction and safety shields are also becoming standard in modern log splitters, reducing the risk of accidents and injuries during operation.
Furthermore, user safety and ergonomics are becoming increasingly important considerations in log splitter design. Manufacturers prioritize developing safety features such as two-handed operation, automatic ram retraction, and safety shields to minimize the risk of accidents and injuries. Additionally, ergonomic design features such as adjustable height settings and comfortable grips are incorporated to enhance user comfort and reduce fatigue during operation.
Canada exported 67% of its softwood lumber production in 2020, with 84% going to the United States. With more sawmills operating and processing timber, there will be a higher demand for log splitters to prepare the raw logs for processing. This increased demand could lead to a growth in sales for Canadian log splitter manufacturers. Therefore, the increasing retail sales of furniture and the expansion of the sawmill industry in the region are driving the market’s growth.
Free Valuable Insights: The Log Splitters Market is Predict to reach USD 4 Billion by 2031, at a CAGR of 4.7%
Based on Application, the market is segmented into Commercial, and Domestic. Based on Type, the market is segmented into Electric, Gas Powered, and Manual. Based on Tonnage, the market is segmented into Less than 15 tons, 15 to 30 tons, and Above 30 tons. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Tonnage (Volume, Thousand Units, USD Billion, 2020-2031)
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
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