Global Market of Combine Harvesters is pegged to exceed 181,000 units by 2026-end, Acc. to Latest Market Study

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Rockville, US,  2018-Jun-14 — /EPR Network/ — The rapidly expanding combine harvesters market is the focus of a new report added to the market intelligence repository of Fact.MR. This 170-page broad study is headlined as Combine Harvesters Market Research Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026” which noticeably examines the prospects of the global combine harvesters industry till the end of 2022, using the market’s development trajectory in the recent past as the key indicator of actionable insights into the market’s growth pattern. A blend of primary & secondary research has been implemented for offering estimates and forecasts on the concerned market.

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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.

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 Contents:

  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
    3.7.1. Market Drivers
    3.7.2. Market Restraints
    3.7.3. Market Trends
    3.7.3.1. Impact Analysis By Product Type
    3.7.3.2. Impact Analysis By Application Type

Continued……..

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