Combine Harvesters Market Inclinations & Development Status Highlighted for the Forecast Period Untill 2026

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Rockville, US, 2018-Dec-06 — /EPR Network/ — Combine harvesters have gained immense traction in the agricultural sector on the back of their capability of integrating processes that include reaping, threshing, and winnowing grains. Farmers across the globe have begun upgrading their machinery & tools to keep up with surging demand for agricultural products. Short harvest phases of crops is a key factor driving demand for combine harvesters.

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Agricultural farming being a time-bound process, and seasonal variations influencing harvest windows for maximum yield-producing crops, operations such as harvesting are required to perform within smaller interval of time. This further creates the need for powerful and large equipment such as combine harvesters for increasing productivity and efficiency in short duration. Farm mechanization practices have gained significant momentum worldwide, in a bid to attain timeliness in field operations, minimize farm drudgery, curtail harvest losses & crop production cost, and enhance productivity. This has further impacted the overall crop output, in turn leading to higher farm incomes. Additionally, various governments worldwide have introduced many convenient policies apropos to farm mechanization, thereby creating avenues for combine harvesters.

Advent of Intelligent Combine Harvesters to Influence the Market Expansion

With declining costs of agricultural produce becoming a prevailing trend, emphasis is being placed on improving land and labor productivity, in order to enhance profitability. Agricultural machinery manufacturers are therefore focusing on harvest volumes that have direct impact on the income of nations. These manufacturers are carrying of research and development activities associated with technologies that would provide real-time intelligence on harvest flow rates along with information about visualization losses during harvesting process.

This has further given birth to intelligent combine harvesters, which can monitor yield loss and grain flow rate in real-time. Intelligent combine harvester enable farmers in root cause analysis and prevention of yield loss without affecting efficiency and productivity. On account of such benefits, intelligent combine harvesters might witness high demand among farmers in the near future, particularly in developed countries.

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Integration of Telematics with Agriculture Mechanization – A Major Trend

One of the major trends gaining traction in the combine harvesters market worldwide is growing integration of telematics with agriculture mechanization. Adoption of telematics ensures tracking loopholes in the performance of combine harvesters, provided with an onboard GPS system that provides information about engine status, location and speed of the harvester. Additionally, telematics enables reviewing information on previous operational hours, and furnishing that specific information on the time and manner of the harvester’s operation.

Asia-Pacific excluding Japan (APEJ) will continue to spearhead the global combine harvesters market, in terms of volume, mainly driven by robust foreign direct investments (FDI) into its developing nations such as China and India. FDI has further spurred the agricultural activities in these countries, thereby creating the need for efficient agricultural machinery such as combine harvesters. However, cost of new combine harvesters being substantial, farmers in APEJ are buying used machinery at relatively lower prices, impacting revenue generation of the market in the region.

In terms of value, 300-450 HP combine harvesters are expected to remain dominant in the market, based on power type. Revenues from sales of this power type segment will exceed US$ 4,900 Mn by 2026-end. Revenues from below 150 HP and 150-300 HP combine harvesters are also expected to remain significant, collectively estimated to account for roughly half share of the market by 2026-end. Sales of above 550 HP combine harvester are forecast to record the fastest expansion through 2026. In addition, sales of 450-550 HP and 150-300 HP combine harvesters will register a parallel rise through 2026.

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.

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
   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
   3.8. Value Chain
   3.9. Cost Structure
   3.10. List of New Entrants
   3.11. Global Combine Harvester Market Forecast Factors
   3.12.  Technology Roadmap
   3.13. PEST Analysis
   3.14. Porters Five Forces Analysis
   3.15. Product Life Cycle
   3.16. Global Combine Harvester Market Scenario Forecast

Continued……………

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