Wood Chipper Market Summary
As per Market Research Future Analysis, the Global Wood Chipper Market was valued at USD 0.55 Billion in 2024 and is projected to grow to USD 0.83 Billion by 2035, with a CAGR of 3.80% from 2025 to 2035. The growth is driven by increasing demand for biomass energy and the adoption of Wood Chippers in landscaping and agriculture. The disc type segment leads the market with 35% share, while diesel engines dominate fuel types with 40% market share. The 10-250 kg/hr capacity range holds the largest share at 20.4%. North America is the largest regional market, supported by robust infrastructure and sustainable practices.
Key Market Trends & Highlights
Key trends driving the Wood Chipper market include the following:
- Increasing demand for biomass energy is a significant driver, with the U.S. producing 17.5 billion gallons of biofuels in 2021.
- The drum type segment is experiencing the highest CAGR due to its efficiency in biomass and pellet production.
- Compact and portable designs are gaining traction among residential users and small businesses, enhancing usability.
- The Asia-Pacific region is expected to grow at the fastest CAGR, driven by urbanization and rising wood-based product demand.
Market Size & Forecast
2024 Market Size | USD 0.55 Billion |
2035 Market Size | USD 0.83 Billion |
CAGR (2025-2035) | 3.80% |
Major Players
Key players include 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.