Combine Harvesters Report: Trends, Forecast and Competitive Analysis to 2030

Combine Harvesters Trends and Forecast

The future of the global combine harvesters market looks promising with opportunities in the wheat harvesting, rice harvesting, and soyabeans harvesting markets. The global combine harvesters market is expected to reach an estimated $75.8 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are increasing global population led to the requirement for crops and cereals and improved farm productivity, fast urbanization and farmers' growing inclination toward robotic farming methods, and rising investments by key players in extensive research and development (R&D) projects.

A more than 150-page report is developed to help in your business decisions.

Combine Harvesters by Segment

The study includes a forecast for the global combine harvesters by power, type, application,, and region

Combine Harvesters Market by Power [Shipment Analysis by Value from 2018 to 2030]:

• Below 150 HP
• 150-300 HP
• 300-450 HP
• 450-550 HP
• Above 550 HP

Combine Harvesters Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Wheel Type Combine Harvester
• Crawler Type Combine Harvester

Combine Harvesters Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Wheat Harvesting
• Rice Harvesting
• Soyabeans Harvesting
• Others

Combine Harvesters Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Combine Harvesters Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies combine harvesters companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the combine harvesters companies profiled in this report include-

• AGCO
• CLAAS
• Deere & Company
• Iseki & Co
• Kartar Agro
• Ks Agrotech
• Kubota
• Mahindra & Mahindra
• Tractors And Farm Equipment
• Yanmar

Combine Harvesters Market Insights

Lucintel forecast that wheel type combine harvester is expected to witness highest growth over the forecast period because they can be used on a variety of terrains, including hard soil and uneven ground.

Within this market, wheat harvesting will remain the largest segment because the wheat harvesters are relatively efficient and can harvest a large area in a short amount of time.

APAC is expected to witness highest growth over the forecast period due to increased use of cutting-edge technology, more backing from the government, and a surge in R&D endeavors inside this region's market.

Features of the Global Combine Harvesters Market

Market Size Estimates: Combine harvesters market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Combine harvesters market size by power, type, application, and region in terms of value ($B).

Regional Analysis: Combine harvesters market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different power, type, application, and regions for the combine harvesters market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the combine harvesters market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the combine harvesters market size?

Answer: The global combine harvesters market is expected to reach an estimated $75.8 billion by 2030.

Q.2 What is the growth forecast for combine harvesters market?

Answer: The global combine harvesters market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the combine harvesters market?

Answer: The major drivers for this market are increasing global population led to the requirement for crops and cereals and improved farm productivity, fast urbanization and farmers' growing inclination toward robotic farming methods, and rising investments by key players in extensive research and development (R&D) projects.

Q4. What are the major segments for combine harvesters market?

Answer: The future of the global combine harvesters market looks promising with opportunities in the wheat harvesting, rice harvesting, and soyabeans harvesting markets.

Q5. Who are the key combine harvesters market companies?

Answer: Some of the key combine harvesters companies are as follows:

• AGCO
• CLAAS
• Deere & Company
• Iseki & Co
• KARTAR Agro
• KS Agrotech
• Kubota
• Mahindra & Mahindra
• Tractors and Farm Equipment
• Yanmar

Q6. Which combine harvesters market segment will be the largest in future?

Answer: Lucintel forecast that wheel type combine harvester is expected to witness highest growth over the forecast period because they can be used on a variety of terrains, including hard soil and uneven ground.

Q7. In combine harvesters market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to increased use of cutting-edge technology, more backing from the government, and a surge in R&D endeavors inside this region's market.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the combine harvesters market by power (below 150 hp, 150-300 hp, 300-450 hp,450-550 hp, and above 550 hp), type (wheel type combine harvester and crawler type combine harvester), application (wheat harvesting, rice harvesting, soyabeans harvesting, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?