Global Combine Harvesters Market Expected to Reach US$ 18,500 Mn by 2026-end

Dublin 2, Ireland, 2018-Apr-23 — /EPR Network/ — The global market discussion on combine harvesters industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Combine Harvesters Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on combine harvesters market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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The global combine harvesters market is forecast to register a volume CAGR of 2.6% between the period 2017 and 2026, according to a recent research study of Fact.MR. The report estimates global sales of combine harvester to surpass US$ 18,500 Mn by 2026-end.

North America will Continue to Lead Global Combine Harvesters Market

North America will continue to lead the global market for combine harvesters, in terms of value. Labor scarcity in agricultural activities, particularly harvesting, coupled with high labor cost and requirement for replacing old machinery will remain key factors stoking demand for combine harvesters in the region. Farmers in the region are prompted to purchase combine harvesters, mainly influenced by the advent of new & technologically advanced products with better fuel efficiency and enhanced features.

Based on power type, 300-450 HP combine harvesters are expected to remain dominant in the market, in terms of value. Demand for 300-450 combine harvesters is mainly driven by their features such as enhanced operational performance & efficiency with better maneuverability in all types of fields.

Increased performance capacities of combine harvesters has created requirement for hydraulic control systems’ integration into these harvesters. Hydraulic combine harvesters offer higher load capacity and precision through electronic integration with fully automated and semi-automated hydraulic control systems. Hydraulic combine harvesters will therefore remain preferred among farmers worldwide, with sales estimated to exceed US$ 10,000 Mn in revenues by 2026-end. On the basis of grain tank size, 250-350 BU combine harvesters will remain leading revenue contributors to the market, trailed by more than 350 BU combine harvesters.

Hydraulic Combine Harvesters to Remain Leading Mechanism Type Segment

In terms of value, hydraulic combine harvesters will remain the leading mechanism type segment in the market, with sales projected to hold more than half revenue share of the market during the forecast period. However, sales of hybrid combine harvester are set to record a comparatively faster expansion than that of hydraulic combine harvesters through 2026.

Based on grain tank size, more than 350 BU combine harvesters are projected to reflect the fastest value sales growth through 2026, trailed by less than 250 BU combine harvesters. However, revenues from 250-350 BU combine harvesters will continue to be relatively larger than all the other grain tank size segments in the market.

Competition Tracking

The existence of numerous large and mid-sized companies has molded the global market for combine harvesters to be highly fragmented. The market players are continuously seeking opportunities for refining their production techniques, and enhancing efficiency & innovation. Several market vendors are adopting novel strategies for installing new production plants. Additionally, major players are eyeing acquisition of smaller players that possess technological innovation but less resource, in order to spur their production capacity and product portfolio.

Vendor operations are likely to face significant risks on the back of intense market competition and rapid technological transformations. Key competitors in the global combine harvesters market, as profiled by the report, include Caterpillar, Deere & Company, Tractors and Farm Equipment Limited, Kubota Corporation, AGCO Corporation, Claas KGaA GmbH, New Holland, Mahindra and Mahindra, Escorts Limited, Bobcat (a Doosan company), Case IH, KIOTI Tractor (subsidiary of Daedong Industrial Company, Ltd.), Yanmar America Corporation, JCB, and MASSEY FERGUSO.

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Table of Content:

1. Global Economic Outlook

2. Global Combine Harvester Market – Executive Summary
2.1 Opportunity Analysis
2.2 Mega Trends

3. Global Combine Harvester Market Overview
3.1. Introduction
3.1.1. Global Combine Harvester Market Taxonomy
3.1.2. Global Combine Harvester Market Definition
3.2. Global Combine Harvester Market Size (US$ Mn) & Volume (units)  and Forecast, 2012-2026
3.2.1. Global Combine Harvester Market Y-o-Y Growth
3.3. Global Agricultural Machinery Market
3.3.1. Macroeconomic Factors and Impact Analysis
3.3.2.  Global Agriculture Machinery Market Value (US$ Mn), 2012-2026
3.4. Growth Opportunities of  Agricultural Equipment in Agriculture Sector
3.5. Impactful Trends Transforming Agriculture to High-Tech Industry
3.6. Key Challenges and Opportunities for Agriculture Machinery
3.7. Global Combine Harvester Market Dynamics

4. Global Combine Harvester Market Analysis and Forecast 2012-2026 
4.1. Global Combine Harvester Market Size and Forecast (US$ Mn) & Volume (units) By Power Type, 2012-2026
4.1.1. Below 150 HP Market Size and Forecast (US$ Mn) & Volume (units), 2012-2026
4.1.1.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.1.1.2. Market Share Comparison, By Region
4.1.1.3. Y-o-Y growth Comparison, By Region
4.1.2. 150-300 HP Market Size and Forecast (US$ Mn) & Volume (units), 2012-2026
4.1.2.1. Revenue (US$ Mn) & Volume (units) Comparison, By Region
4.1.2.2. Market Share Comparison, By Region
4.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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