Robots are replacing traditional hand
sanding and wood finishing tools. Robot based wood automation tool providers
have launched robots that carry out wood sanding, polishing and finishing
precisely and quickly. They are developing technologies for assembling a wooden
window frame to routing designs in wood panels for a wide range of materials
and surfaces. For instance, ABB’s robot automation solutions were implemented
in leading companies such as IKEA, VELUX and Svedplan.
THE BUSINESS RESEARCH COMPANY EXPECTS
THE WOOD PRODUCTS MANUFACTURING MARKET TO GROW TO $3 TRILLION BY 2021
Asia Pacific was the largest region in
the wood products manufacturing market in 2017, accounting for half of the
market share. This can be attributed to the economic growth in the region,
leading to increased demand for wood and wood products from manufacturing, and
consumer goods industries. Increased demand for wood houses in earthquake prone
countries such as Japan also drove the market.
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According to The Business Research
Company’s Consultant, Nitin Gianchandani, manufacturing
in wood industries is getting faster and leaner with the adoption of sensor and
wireless technologies. Sensors are generating insights for improving process
efficiencies and reduce potential breakdowns. Wireless technology is aiding the
implementation of sensor technology in manufacturing units. For instance,
sensors are being used to detect feed areas, detect dull edges and measure wood
size and thickness. Major companies offering sensor technology for wood
industries are Leuze electronic and Harnisch.
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Georgia-Pacific was the largest wood
product manufacturing company, with revenues of $17.2 billion for the financial
year 2016. The company engages in the manufacturing and marketing of tissue,
pulp, paper, packaging, and building products, and related chemicals. Its
sustainability strategy includes minimizing the impact on environment; paper
recovery and recycling; recycling its products; reusage of its products; and
renewing of its products. Its growth strategy includes strategic expansion in
new areas to strengthen its business operations. For instance, in September
2016, it completed lumber operation in its Gurdon, Arkansas with an investment
of $40 million. The expansion also includes the installation of a new
continuous dry kiln, a state-of-the-art planer mill.
The wood products manufacturing
industry comprises establishments engaged in manufacturing products derived
from wood. This industry includes companies
manufacturing lumber, plywood, veneers, wood containers, wood flooring, wood
trusses, manufactured homes and prefabricated wood buildings. Wood products
product process include sawing, planning, shaping, laminating, and assembling
of wood products into bolts or lumber.
Wood Products Manufacturing Global
Market Report 2018 is a detailed report giving a unique insight into this
market. The report is priced at $6000 for an individual user. To use across
your office, the price is $9000 and $12000 if you wish to use across a
multinational company.
About The Business
Research Company
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market research and intelligence company, which excels in company, market and
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It has specialist consultants in a wide range of industries including
manufacturing, healthcare, chemicals and technology.
The Business Research Company's
management has more than 20 years of varied business research experience. They
have delivered hundreds of research projects to the senior management of some
of the world's largest organizations.
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