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The global agricultural harvester market reached a value of US$ 28.8 Billion in 2020. Looking forward, IMARC Group expects the market to reach a value of US$ 38.7 Billion by 2026, exhibiting a CAGR of 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
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.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global agricultural harvester market report, along with forecasts for growth at the global and regional level from 2021-2026. 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 (John Deere), CNH Industrial, AGCO Corporation, CLAAS, Mahindra Tractor, Krone North America Inc., Yanmar Company Limited, Alois Pottinger Maschinenfabrik Ges.m.b.H., Dewulf , Foton Lovol International Heavy Industry, Lely Group, Ploeger Agro, Preet Agro Industries, SAME Deutz-Fahr and Sampo Rosenlew, etc.
|Base Year of the Analysis||2020|
|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 (John Deere), CNH Industrial, AGCO Corporation, CLAAS, Mahindra Tractor, Krone North America Inc., Yanmar Company Limited, Alois Pottinger Maschinenfabrik Ges.m.b.H., Dewulf , Foton Lovol International Heavy Industry, Lely Group, Ploeger Agro, Preet Agro Industries, SAME Deutz-Fahr and Sampo Rosenlew|
|Customization Scope||10% Free Customization|
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|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)|
Key Questions Answered in This Report:
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