The increasing demand for wood and wood-based products, including wooden furniture and artifacts, in the commercial and residential sectors fuels the market growth in North America. Growing product development in the sawmill machinery sphere is driving the growth of the sawmill machinery market. In 2023, Wood-Mizer, Indianapolis, Indiana-based company, introduced its WB2000 industrial sawmill at LIGNA 2023 in Hannover, Germany.

The global sawmill machinery market is set for explosive growth, with projections indicating a surge to $2,018.73 million by 2031. This remarkable expansion, driven by the growing export of wood and wood-based products and the rising number of new construction projects.