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The Global Combine Harvester Market Was Valued At USD 46,362.3 Million In 2022 And Is Expected To Reach USD 64,940.4 Million By 2030, At A CAGR Of 3.9% During The Forecast Period 2022-2030.
Combine-Harvester Market Overview:
Combine harvesters are specifically designed to harvest crops by cutting straw through the ground. It has begun to replace the traditional method of harvesting grain with tractors idle and has proven to be an efficient and cost-effective tool for harvesting large quantities of crops in a short period of time. Driven by high demand from farmers across the U.S., global manufacturers in the combine harvester market are developing new combines to tackle the most challenging terrains.
Combine-Harvester market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Combine-Harvester market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
Major Segments Covered in the Global Combine-Harvester Market:
Market Key Players:
CLAAS KGAA MBH, CNH INDUSTRIAL N.V., MAHINDRA & MAHINDRA LTD., DEERE & COMPANY, ISEKI & CO., LTD., J C BAMFORD EXCAVATORS LTD., KUBOTA CORPORATION, SAME DEUTZ-FAHR ITALIA S.P.A., YANMAR CO., LTD., BUCHER INDUSTRIES, ESCORTS LTD., ZETOR TRACTORS A.S., ALAMO GROUP, INC., TRACTORS AND FARM EQUIPMENT LIMITED., And Others.
Combine-Harvester Market by Types:
Combine-Harvester Market by Applications:
Combine-Harvester Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
North America dominates the market
Scarcity of labor and rising labor costs in North America, coupled with the need to replace old machinery with new ones, is driving the adoption of new technologies in the region and increasing the productivity and efficiency of crops grown in North America. Also, the unstable climatic conditions in the region are driving the market for combine harvesters due to their high efficiency in operation.
The U.S. holds a major share of the North American combine harvester market. Agriculture is a major occupation in the United States, and farm mechanization is considered an important reason for increasing productivity, sales, and exports. Technological advances are aimed at the use of combine harvesters in the field of agriculture. U.S. sales of self-propelled combines rose 25.3% in December compared to 2020, according to the Equipment Manufacturers Association. Sales of self-operated combines were 194 in January 2021, compared to 200 in January 2022. Double-digit year-over-year combine growth in North America indicates greater demand for combines
Significant Market Dynamics:
Big names in the market like John Deere & Company, New Holland Fiat, and others are working on new harvesters that require less fuel than others on the market. Although there are various harvesters on the market, combine harvesters have been widely used over the past few decades. The availability of combine harvesters is not constant, so long distances are required to be transported. Thus, market players can focus on their distribution network to increase their market footprint.
Harvesters are gaining popularity among agricultural machinery due to the various benefits that come with their use. For example, the use of harvesters can help increase processing speed, as the harvesting process is so fast that fields can move on to the next crop in a short amount of time. Hence, increasing probability of high yield is expected to increase harvester sales. Furthermore, harvesting the product at the right stage maintains the quality of the product, hence, farmers tend to adopt simple and quick harvesters. In addition, several government initiatives to support and increase the adoption of modern agricultural machinery by farmers are expected to be a favorable factor for the market growth.
Report Scope of Global Combine-Harvester Market:
Report Attributes |
Details |
Growth Rate |
CAGR of 3.99% from 2022 to 2030. |
By Type |
Wheel Type, Caterpillar, Other |
By Application |
Farm, Orchard, Forest Farm, Other |
By Companies |
CLAAS KGAA MBH, CNH INDUSTRIAL N.V., MAHINDRA & MAHINDRA LTD., DEERE & COMPANY, ISEKI & CO., LTD., J C BAMFORD EXCAVATORS LTD., KUBOTA CORPORATION, SAME DEUTZ-FAHR ITALIA S.P.A., YANMAR CO., LTD., BUCHER INDUSTRIES, ESCORTS LTD., ZETOR TRACTORS A.S., ALAMO GROUP, INC., TRACTORS AND FARM EQUIPMENT LIMITED. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Points Covered in the Report
Frequently Asked Questions-
What is the CAGR of Combine-Harvester market?
The Combine-Harvester Market is growing at a CAGR of 3.99% During Forecast Period.
What are the key types and applications of Combine-Harvester market?
- Wheel Type, Caterpillar, Other
- Farm, Orchard, Forest Farm, Other
Who are the key players in Combine-Harvester market?
CLAAS KGAA MBH, CNH INDUSTRIAL N.V., MAHINDRA & MAHINDRA LTD., DEERE & COMPANY, ISEKI & CO., LTD., J C BAMFORD EXCAVATORS LTD., KUBOTA CORPORATION, SAME DEUTZ-FAHR ITALIA S.P.A., YANMAR CO., LTD., BUCHER INDUSTRIES, ESCORTS LTD., ZETOR TRACTORS A.S., ALAMO GROUP, INC., TRACTORS AND FARM EQUIPMENT LIMITED., And others.
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.