The global forestry machinery market will witness declining sales in the near term amid the COVID-19 outbreak, but the long-term outlook remains positive.  The global forestry machinery market is expected to be valued at over US$4 billion by the end of 2020 and is anticipated to surpass US$6 billion by the end of the forecast period of 2020-2030. However, the COVID-19 pandemic has interrupted the growth of the industrial equipment machinery market due to nationwide lockdowns, leading to a steep fall in the sales of forestry machinery, globally. In addition ...