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The global combine harvesters market size reached US$ 9.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 12.72 Billion by 2027, exhibiting a growth rate (CAGR) of 4.50% during 2022-2027.
A combine harvester, also known as a combine, is complex agricultural machinery used by farmers for reaping, threshing, gathering, and winnowing in a single process. It saves time and human labor and lowers crop production costs and post-harvest losses. It protects crops from getting damaged by natural disasters, such as unseasonal rains, floods, and hailstorms. It also helps reduce the stress for the farmer and tackle the harvesting easily, even in case of a labor scarcity during the peak season. Besides this, it aids in improving crop productivity and increasing farm revenue in the long term. As a result, combine harvesters are extensively used in the agriculture sector across the globe.
The growing global population is increasing the requirement for crops and cereals and improved farm productivity. This represents one of the key factors positively influencing the market. In addition, rapid urbanization and shifting farmer preferences towards mechanized farming practices are escalating the demand for combine harvesters across the globe. This, along with increasing industrialization and ongoing advancements in agricultural technology, is supporting the market growth. Apart from this, various countries around the world are experiencing labor scarcity, which is increasing the sales of advanced machines and tools, which include combine harvesters. Furthermore, governments of numerous countries are encouraging farmers to use these harvesters for improving crop yield and productivity. They are also undertaking several initiatives, such as offering subsidies, favorable lending policies for procurement of machinery, and organizing necessary training programs to educate farmers about effective farming practices and the benefits of using agricultural equipment. Additionally, leading market players are adopting novel strategies for installing new production plants, which is stimulating the market growth. Moreover, increasing investments by key players in extensive research and development (R&D) projects are expected to propel the market growth.
IMARC Group provides an analysis of the key trends in each sub-segment of the global combine harvesters market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, type of movement, cutting width, power and application.
Breakup by Type:
Breakup by Type of Movement:
Breakup by Cutting Width:
Breakup by Power:
Breakup by Application:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AGCO Corporation, CLAAS KGaA mbH, Deere & Company, Iseki & Co. Ltd., KARTAR Agro Industries Private Limited, KS Agrotech Pvt. Ltd., KUBOTA Corporation, Mahindra & Mahindra Ltd., PREET AGRO Industries (P) Limited, SDF Group, Tractors and Farm Equipment Limited (Amalgamations Group) and Yanmar Holdings Co. Ltd.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Type of Movement, Cutting Width, Power, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||AGCO Corporation, CLAAS KGaA mbH, Deere & Company, Iseki & Co. Ltd., KARTAR Agro Industries Private Limited, KS Agrotech Pvt. Ltd., KUBOTA Corporation, Mahindra & Mahindra Ltd., PREET AGRO Industries (P) Limited, SDF Group, Tractors and Farm Equipment Limited (Amalgamations Group) and Yanmar Holdings Co. 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)|
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