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The global agricultural harvester market size reached US$ 31.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 42.3 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028.
Agricultural harvesters are employed by farmers to harvest grain crops. They perform three major tasks – reaping, threshing and winnowing. These harvesters are used to increase farm production in a short time and their utilization has proved to be better than conventional harvesting methods. Moreover, agricultural practices are steadily becoming dependent on machines and tools, such as harvesters, as they help to minimize farm drudgery, enhance productivity, lower crop production costs and significantly bring down harvest losses.
Several regions across the globe are experiencing a shortage of labor force which has led farmers to make a shift towards mechanization. In line with this, numerous governments are promoting the use of equipment to boost farm output. They are offering subsidies and necessary training to farmers which, in turn, is propelling the sales of these harvesters. Furthermore, vendors are consistently upgrading their equipment with telemetry and intelligent sensing technologies to enhance convenience and efficiency. Other new features such as GPS and navigation systems have also been incorporated in these harvesters to help in carrying out operations with more precision. Other factors driving the demand of harvesters include increasing food demand, rising rural incomes, increasing adoption of modern farming practices, etc.
IMARC Group provides an analysis of the key trends in each sub-segment of the global agricultural harvester market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, drive type and application.
Breakup by Product Type:
Breakup by Drive Type:
Breakup by Application:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Deere & Company, CNH Industrial N.V., AGCO Corporation, CLAAS KGaA mbH, Mahindra & Mahindra Ltd., Maschinenfabrik Bernard Krone GmbH, Yanmar Holdings Co., Ltd., PÖTTINGER Landtechnik GmbH, Dewulf BV, Lovol Heavy Industry CO., LTD, Lely International N.V., Ploeger Machines BV, PREET AGRO Industries (P) Limited, SDF S.p.A., and Sampo Rosenlew Ltd.
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Product Type, Drive Type, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered | Deere & Company, CNH Industrial N.V., AGCO Corporation, CLAAS KGaA mbH, Mahindra & Mahindra Ltd., Maschinenfabrik Bernard Krone GmbH, Yanmar Holdings Co., Ltd., PÖTTINGER Landtechnik GmbH, Dewulf BV, Lovol Heavy Industry CO., LTD, Lely International N.V., Ploeger Machines BV, PREET AGRO Industries (P) Limited, SDF S.p.A., and Sampo Rosenlew Ltd. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global agricultural harvester market was valued at US$ 31.9 Billion in 2022.
We expect the global agricultural harvester market to exhibit a CAGR of 4.7% during 2023-2028.
The rising incorporation of telemetry and several intelligent sensing technologies in the agricultural
harvesters to carry out the operations with more precision is currently driving the global agricultural
harvester market.
The sudden outbreak of the COVID-19 pandemic has led to the increasing demand for agricultural
harvesters due to shifting consumer preferences towards machine-centric farming practices to
combat the risk of the coronavirus infection.
Based on the product type, the global agricultural harvester market has been divided into combine
harvester and forage harvester. Currently, combine harvester represents the largest market share.
Based on the application, the global agricultural harvester market can be bifurcated into wheat, rice,
maize, barley, and others. Among these, maize currently accounts for the majority of the total
market share.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global agricultural harvester market include Deere & Company, CNH Industrial N.V., AGCO Corporation, CLAAS KGaA mbH, Mahindra & Mahindra Ltd., Maschinenfabrik Bernard Krone GmbH, Yanmar Holdings Co., Ltd., PÖTTINGER Landtechnik GmbH, Dewulf BV, Lovol Heavy Industry CO., LTD, Lely International N.V., Ploeger Machines BV, PREET AGRO Industries (P) Limited, SDF S.p.A., and Sampo Rosenlew Ltd.
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