A Staggering CAGR Projected for Combine Harvesters Market During 2017 to 2026
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.
Request Report Sample@ https://www.factmr.com/connectus/sample?flag=S&rep_id=516
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.
Request Report Methodology@ https://www.factmr.com/connectus/sample?flag=RM&rep_id=516
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.
Hydraulic Combine Harvesters to Remain Leading Mechanism Type Segment
In terms of value, hydraulic combine harvesters will remain the leading mechanism type segment in the market, with sales projected to hold more than half revenue share of the market during the forecast period. However, sales of hybrid combine harvester are set to record a comparatively faster expansion than that of hydraulic combine harvesters through 2026.
Based on grain tank size, more than 350 BU combine harvesters are projected to reflect the fastest value sales growth through 2026, trailed by less than 250 BU combine harvesters. However, revenues from 250-350 BU combine harvesters will continue to be relatively larger than all the other grain tank size segments in the market.
Key market participants identified by Fact.MR’s report include MASSEY FERGUSO, JCB, Yanmar America Corporation, KIOTI Tractor (subsidiary of Daedong Industrial Company, Ltd.), Case IH, Bobcat (a Doosan company), Escorts Limited, Mahindra and Mahindra, New Holland, Claas KGaA GmbH, AGCO Corporation, Kubota Corporation, Tractors and Farm Equipment Limited, Deere & Company, and Caterpillar.
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
11140 Rockville Pike
Rockville, MD 20852
Follow us in Linkedin: https://www.linkedin.com/company/factmr/
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release A Staggering CAGR Projected for Combine Harvesters Market During 2017 to 2026 here
News-ID: 1172070 • Views: 164
More Releases from Fact.MR
Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of
More Releases for Combine
Combine Harvesters Market
https://www.qandqmarketresearch.com/reports/3098733/combine-harvesters2018-market-16 The Global and Chinese Combine Harvesters Industry, 20132023 Market Research Report is a professional and indepth study on the current state of the global Combine Harvesters industry with a focus on the Chinese market. The report provides key statistics on the market status of the Combine Harvesters manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic
Stauff and Voswinkel combine logistics and sales
Substantial procurement benefits for customers of both companies Stauff Group and Voswinkel GmbH combine logistics and sales. As of 2 January 2018, Walter Stauffenberg GmbH & Co. KG delivers the products from both companies without transition period. The acquisition of Voswinkel GmbH, one of the leading manufacturers of quick release couplings, hose fittings and custom-designed tube assemblies, in April 2015 was a milestone for the Stauff Group on the way to
Global Combine Harvester Market - Forecasts & Trends (2017-2025)
IndexBox has just published a new report "World: Combine Harvester-Threshers - Market Report. Analysis and Forecast to 2025" ( no link?utm_source=opr ). This report is best suitable for you if you: • Are planning to enter a new geographical market and wish to know which one is best for your product • Are planning to enter a new product market and want to have a detailed overview of the market before entering • Already
Largest National High School Football Combine Camp Announces Expansion and 2012 …
For increased college football recruiting opportunities, Schuman’s National Underclassmen Combine Camps (NUC) announces more than 100 Football Combine & Football Camps, and more than 100 locations for 2011. New York, NY, December 29, 2011 -- Dave Schuman, founder of the Schuman’s National Underclassmen Combines, the largest high school football combine and college football recruiting showcase in the country, today announced its expansion into new cities and more national locations for combine
Saskatchewan: Business and Tourism combine their energy
The Canadian Province Saskatchewan will participate for the first time in the World Routes Conference in Berlin. A delegation of business and tourism contacts will represent the strongest growing economy in Canada. Thanks to its potash and agricultural production, predictions are that the Prairie province’s economy will expand by 4.3% in 2011 and by 4.1% next year. Saskatchewan has what the world needs and the world is now recognizing
Combine Creativity with your Home Staging Business
The number one request that I get from all of my clients, whether they are from my Home Staging Training Company, Marketing and Networking Business, one of my Speaking Clients…all of them, are always looking for a way to be more creative, or at least add more creativity to their marketing efforts and effectively combine it with business. For some reason, we have been conditioned that the two don’t go