Global Combine Harvesters Market Report 2023: Rapid Urbanization and Shifting Farmer Preferences Towards Mechanized Farming Practices Drives Growth

DUBLIN, April 4, 2023 /PRNewswire/ -- The "Combine Harvesters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global combine harvesters market size reached US$ 10.2 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 13.0 Billion by 2028, exhibiting a CAGR of 4.13% during 2022-2028.

Companies Mentioned

• AGCO Corporation
• CLAAS KGaA mbH
• Deere & Company
• Iseki & Co. Ltd.
• KARTAR Agro Industries Private Limited
• KS Agrotech Pvt. Ltd.
• KUBOTA Corporation
• Mahindra & Mahindra Ltd.
• PREET AGRO Industries (P) Limited
• SDF Group
• Tractors and Farm Equipment Limited (Amalgamations Group)
• Yanmar Holdings Co. Ltd

A combine harvester, also known as a combine, is complex agricultural machinery used by farmers for reaping, threshing, gathering, and winnowing in a single process. It saves time and human labor and lowers crop production costs and post-harvest losses. It protects crops from getting damaged by natural disasters, such as unseasonal rains, floods, and hailstorms.

It also helps reduce the stress for the farmer and tackle the harvesting easily, even in case of a labor scarcity during the peak season. Besides this, it aids in improving crop productivity and increasing farm revenue in the long term. As a result, combine harvesters are extensively used in the agriculture sector across the globe.

The growing global population is increasing the requirement for crops and cereals and improved farm productivity. This represents one of the key factors positively influencing the market. In addition, rapid urbanization and shifting farmer preferences towards mechanized farming practices are escalating the demand for combine harvesters across the globe. This, along with increasing industrialization and ongoing advancements in agricultural technology, is supporting the market growth.

Apart from this, various countries around the world are experiencing labor scarcity, which is increasing the sales of advanced machines and tools, which include combine harvesters.

Furthermore, governments of numerous countries are encouraging farmers to use these harvesters for improving crop yield and productivity. They are also undertaking several initiatives, such as offering subsidies, favorable lending policies for procurement of machinery, and organizing necessary training programs to educate farmers about effective farming practices and the benefits of using agricultural equipment.

Additionally, leading market players are adopting novel strategies for installing new production plants, which is stimulating the market growth. Moreover, increasing investments by key players in extensive research and development (R&D) projects are expected to propel the market growth.

Key Questions Answered in This Report
1. What was the size of the global combine harvesters market in 2022?
2. What is the expected growth rate of the global combine harvesters market during 2023-2028?
3. What are the key factors driving the global combine harvesters market?
4. What has been the impact of COVID-19 on the global combine harvesters market?
5. What is the breakup of the global combine harvesters market based on the type?
6. What is the breakup of the global combine harvesters market based on the cutting width?
7. What are the key regions in the global combine harvesters market?
8. Who are the key players/companies in the global combine harvesters market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Combine Harvesters Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Type
6.1 Self-propelled Combine Harvester
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Tractor-pulled Combine/PTO Powered Combine Harvester
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Type of Movement
7.1 Wheel Type Combine Harvester
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Crawler Type Combine Harvester
7.2.1 Market Trends
7.2.2 Market Forecast

8 Market Breakup by Cutting Width
8.1 Small Size Combine Harvester
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Large Size Combine Harvester
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Power
9.1 Below 150 HP
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 150-300 HP
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 300-450 HP
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 450-550 HP
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Above 550 HP
9.5.1 Market Trends
9.5.2 Market Forecast

10 Market Breakup by Application
10.1 Wheat Harvesting
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Rice Harvesting
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Soyabeans Harvesting
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast

11 Market Breakup by Region

12 SWOT Analysis

13 Value Chain Analysis

14 Porters Five Forces Analysis

15 Price Analysis

16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/3dpi28

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