Global Market Study on Combine Harvesters Industry: North America will continue to Lead Global Combine Harvesters Market Through 2017-2026 Among the APEJ, MEA, Europe and Japan Region

Dublin 2, Ireland, 2018-Jul-18 — Combine harvesters, or combines, seek robust adoption in the agricultural sector, as they integrate processes such as winnowing, threshing and reaping of grains. Rapid evolution in mechanization of processes has significant benefited the agriculture industry worldwide. Farmers have initiated upgradation of their machinery and tools for keeping pace with growing demand for agricultural produce across the globe.

One of the primary objectives pursued by combine harvester manufacturers recently is the combination of imperative parameters of economic management such as operational qualitative features and hourly productivity. This is expected to ensure perfect aggregation and cleaning of grains, thereby contributing to development of physically intact products that have higher hygienic safeguards and quality. A new Fact.MR report imparts key dynamics, forecasts and analysis on the global Combine Harvesters Market for the period between 2017 and 2026.

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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.

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.

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.

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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 Contents

Global Economic Outlook
Global Combine Harvester Market - Executive Summary
2.1 Opportunity Analysis

2.2 Mega Trends

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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This release was published on openPR.