Well now, there have been major advances. Polycarbonate chassis to reduce weight, higher revving motors to make more power with less weight, smaller packages for power heads. Then along comes EPA and we have catalytic converter mufflers, adding weight and driving heat management into the melt zone
We may have peaked on the mechanical side...
On the fuel management side, we may get Yamaha style variable exhaust port timing, electronic fuel injection (solid state piezio injectors?), variable ignition timing, and limited fan blower action to the carb/injector box.
The big deal is that vertical cylinders are great for stumpin. I like horizontal cylinders for bucking as the heat is not up front when you are crowding the log. Felling is a mixed bag on which is better ... depends on the cut. That's why I have some of each
Climbing and small limbing - almost always horizontal with top handle
We may go back to saws with external power for felling. In the old days it was cable drive from a ground engine. Nowadays it may be electric from a small power source off to the side. Could be four stroke?
Really small four strokes with high revs and gear reduction may be the future, but it will take a leap in materials science to keep the power/weight the same...