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Log Splitters Market - By Product (Electric, Pneumatic, Gasoline/Diesel Engine), By Power (Less than 15 Tons, 15 Tons to 30 Tons, Over 30 Tons), By Application (Commercial, Domestic) Industry Analysis Report & Global Forecast, 2023-2032

  • Report ID: GMI5676
  • Published Date: May 2023
  • Report Format: PDF

Log Splitters Market Size

Log Splitters Market size exceeded USD 2 billion in 2022 and will grow at 4.5% CAGR from 2023 to 2032. The product demand is fueled by growing wood manufacturing practices. The production of wood products involves converting raw materials into various forms such as lumber, wood chips, and firewood. Log splitters aid in splitting large pieces of wood to convert them into small pieces or shapes. Rapid industrialization and migration across the world are also estimated to propel product adoption.
 

Log Splitters Market

Log splitters are machines designed to manage logs and cut them quickly and efficiently. They are used in varied industries including forestry, woodworking, and construction. The demand for log splitters is expected to rise with the popularity of wood products, especially in the construction industry. Moreover, the recent development in log splitters technology has made the tool powerful, efficient, and easy to use. This has also boosted the competition in the market, encouraging firms to invest in R&D programs.
 

The prevalence of stringent policies for the use of log-splitting machinery will impact the market outlook. For instance, diesel engines used in log splitters are expected to comply with Environmental Protection Agency (EPA) emissions standards, which limit the amount of particulate matter and other pollutants. In addition, some states also have additional regulations or requirements for diesel log splitters. However, consistent efforts to innovate electric splitters are overcoming this issue.
 

COVID-19 Impact

The COVID-19 pandemic had an adverse impact on the log splitters market in the form of supply chain disruptions, disturbed production, and lower demand. The coronavirus infection also led to global lockdowns and restrictions on movement, which affected the demand for goods and services. Many businesses were forced to shut down, resulting in production reduction and limited availability of product. However, increasing focus on construction projects for developing new infrastructure will fuel the uptake of log splitters.
 

Log Splitters Market Trends

Global Furniture Market, 2021 – 2032 (USD Million)

The growing demand for customized furniture is a major factor driving log splitters market expansion. Furniture production requires wood as its primary raw material which also includes firewood. Firewood propels the need for log splitters as it aids in converting large logs into small pieces. Moreover, in the post-pandemic scenario, consumer inclination toward DIY furniture has encouraged product uptake. For instance, the total furniture and accessories retail sales in the UK rose by 5.1% in March 2023 compared to 3.1% in March 2022.
 

Log Splitters Market Analysis

Global Log Splitters Market Revenue Share, By Product, (2022)

In terms of product, the market is segmented as electric, pneumatic, gasoline/diesel engine. The electric log splitters market reached a valuation of USD 1.5 billion in 2022. Their ease of use, efficiency, and eco-friendliness has encouraged people to utilize electric splitters instead of gas-powered log splitters that are noisier, produce more emissions, and require more maintenance. Additionally, the increasing availability of portable and lightweight electric models that enables movement around different locations, such as from a garage to a backyard or to a remote cabin is driving segment growth.
 

Based on application, the industry is segmented as commercial and domestic. The log splitters market size from the commercial segment was worth USD 60 million in 2022 owing to the durability of log splitters as they last longer and withstand the wear and tear of heavy use. Furthermore, commercial log splitters facilitate cost saving as they reduce the need for labor and increases profitability in the long run. They are also safer than other methods, ensure workers’ safety, and reduce workplace injuries as compared to manual methods of splitting wood.
 

North America Log Splitters Market Size, 2022 & 2032 (USD Million)

North America log splitters market held USD 800 million in revenue in 2022, attributed to the increasing popularity of wood-burning stoves and fireplaces in households. In addition, shifting trend towards personalized and DIY home improvement projects which involve cutting and splitting wood has encouraged homeowners to adopt log splitters for domestic purposes. The inclination toward wood as a natural source of heat has also boosted the product demand in the region.
 

Log Splitters Market Share

Some of the key players profiled in the log splitters market report include:

  • Reilly Foam Corporation
  • JB Polymers
  • Stora Enso
  • Fraunhofer WKI
  • Spontex
  • Malnutrion Matters
  • Covestro AG
  • Radha Energy Cell
  • Effimax Solar
  • Taylormade Renewables Ltd.
     

These companies engage in R&D programs and new product launches to stay ahead in the industry.
 

Log Splitters Industry in News

  • In September 2022, Wood-Mizer introduced three MP220 Planer Moulder Rip Saw, a three in one wood working machine that can enable flooring, dimensional lumber and other practices. With this, the company aims at expanding its product portfolio and boos its market position.
     
  • In April 2023, Elegoo, a Chinese open-source electronic firm, introduced its first laser engraving cutting machine, Phecda. The product allows customizing wood products such as wood signs and other purposes.
     

The Log Splitters Market research report includes in-depth coverage of the industry with estimates & forecasts in terms of volume in Tons and revenue in USD million from 2018 to 2032 for the following segments:

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By Product

  • Electric
  • Pneumatic
  • Gasoline/Diesel Engine

By Power

  • Less than 15 Tons
  • 15 Tons to 30 Tons
  • Over 30 Tons

By Application

  • Commercial
  • Domestic

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Spain
    • Poland
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Thailand
    • Indonesia
  • Latin America
    • Brazil
    • Argentina
  • Middle East
    • UAE
    • South Africa
    • Saudi Arabia

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global market size for log splitters was more than USD 2 billion in 2022 and will progress at 4.5% CAGR between 2023 and 2032, due to rising demand for wood products in the construction industry.

The electric log splitters segment reached a valuation of USD 1.5 billion in 2022 as a result of the increasing availability of portable and lightweight electric models.

Log splitters industry size from the commercial application segment accounted for USD 60 million in 2022, owing to the durability of log splitters to last longer and withstand the wear and tear of heavy use.

North America log splitters held USD 800 million in revenue in 2022 given the increasing popularity of wood-burning stoves and fireplaces in households across the region.

Log Splitters Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 245
  • Countries covered: 22
  • Pages: 250
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