DUBLIN, October 13, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Combine Harvester Market 2016-2020" report to their offering.
The global combine harvester market is forecast to grow at a CAGR of 7.47% during the period 2016-2020.
According to the report, the flow of Foreign Direct Investment (FDI) into developing countries has become a key driver for agricultural activities, leading to an increase in agricultural machines used in these activities. Many developing countries are making efforts to attract foreign investment in their agricultural sector.
FDI is seen as a part of development benefit in terms of technology and employment with minimum risk. The rising foreign investments in the agricultural sector will result in an increase in adoption of farm machinery, which, in turn, will lead to its expanded demand over the predicted period.
Further, the report states that as the cost of harvester machinery is high, farmers purchase used machines at a reduced cost. The high cost of machinery is not affordable for small farmers. Therefore, the demand for used machinery is rising, posing a challenge to new machinery manufacturers. It is adversely affecting the demand for new haying and forage machinery. In 2015, a used combine harvester cost around 73% of the price of a new machine.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- CNH Industrial
- Deere & CompanyDewulf
- Kubota Agricultural Machinery
- Lovol Heavy Industry
- Sampo Rosenlew
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Market segmentation by combine harvester class
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Competitor landscape
PART 16: Key competitor analysis
PART 17: Appendix
PART 18: About the Author
For more information about this
For more information about this report visit http://www.researchandmarkets.com/research/lb7ltp/global_combine
Research and Markets
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SOURCE Research and Markets