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Woodworking machinery is defined as the machinery that is used to process wood and perform various operations on raw wood materials and convert them into desired finished products. These machines are employed in small-scale commercial production units that are mainly focused on timber products. The type of machines can be classified into two categories—one is the stationary machine in which the machine is stationary and the material is moved on the machine in the shape that is desired, second is the non-stationary machine in which the material is fixed and the machine is moved on the material to get the desired product. The finished products may be doors, windows, slabs, boards and many others. Woodworking machines originated from England in the 18th century and are extremely essential for production of furniture. The majority of the woodworking machines are electrically driven and a small percentage of them are hydraulically driven. The size of the machines varies with the application that they are being used for. Some examples of woodworking machinery are jointers, shapers, saws, routers and others.
Increase in demand for built wooden houses, increased adoption of automated woodworking machines and emphasized focus of customers to replace old furniture and rehabilitate their office and house are the factors that drive the global woodworking machinery market. The demand for prefabricated wooden houses is quite high and increasing. People have started giving more preference to build wooden houses as these can be built very quickly and they can be used as portable houses, which people can take to any trips along with them and an additional advantage being eco-friendly and efficient.
However, decrease in wood supply and high prices of timber hinder the market growth. Contrarily, investments in automation, launches of new and advanced equipment, requirement for innovative and automated woodworking machinery present new pathways in the industry.
The global woodworking market trends are as follows:
The increase in demand for fabricated houses and engineered wood is expected to contribute significantly toward the growth of the woodworking machinery market. A hike in the number of residential and commercial buildings along with the preference of many people toward the aesthetic look of their building is anticipated to boost the growth of the woodworking market.
Increased preference toward automated manufacturing units to multiply the productivity and improve the overall efficiency can eventually increase the demand for woodworking machinery in the upcoming years. Automatic woodworking machines are another technological innovations in the woodworking machinery market. Due to the widespread technological upgradation, instead of manually operating machines, industries are adopting robots for operations, which can increase the safety and save the time for an operator.
Automation has created a special path for technologyfor woodworking sectors. Consumer’s wants and demands are going up day by day, by observing that woodworking industries have started using new technology so that it can increase theaccuracy and efficiency of production to provide exceptional final products that are very attractive. A German study have reported record production of woodworking machinery products which generated $3.63millions in 2019 from which we can easily understand the potential of this market to generate high returns and revenues to the manufacturers.
The significant positive growth observed in furniture industry is expected to definitely influence the woodworking machinery market. For instance, according to data released by Central Statistics Office, India the furniture industry has expanded 2.8% and in comparison to the previous month of January it has increased by 9.2%. Among the top production industries like basic metal industry, electricity and power industry, mining industry the furniture industry had a slower growth rate compared to its previous years but the productivity and output has been booming gradually which shows positive signs for the investors and business persons who are willing to enter into this market.
Key benefits of the report:
Global Woodworking Machinery Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
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Key Market Players | Oliver machinery, Durr, Cantek America, WEINIG Group, BiesseGroup, SCM Group, Gongyou Group, KTCC Woodworking Machinery, Holytek Industrial Corporation, IMA-Schelling |
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