Combines Market 2021 Emerging Players, Growth Analysis and Precise Outlook – Deere & Company; Kubota Corporation; AGCO Corporation; Claas KGaA GmbH; Yanmar America

Combines Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

The global combines (i.e., harvester-threshers) market is expected to grow from $22.09 billion in 2020 to $24.44 billion in 2021 at a compound annual growth rate (CAGR) of 10.6%.

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Top leading Companies Profiled in Combines Market Report are Deere & Company; Kubota Corporation; AGCO Corporation; Claas KGaA GmbH; Yanmar America; Tractors and Farm Equipment; CNH Industrial(Case IH and New Holland); ISEKI; Versatile; SAME DEUTZ-FAHR (SDF); Preet Agro; LOVOL; Mahindra and Mahindra; Caterpillar; New Holland; Case IH; KIOTI Tractor; JCB; MASSEY FERGUSO.; Zhenghou Amisy Machinery; Pickett Equipment; Zhejiang Liulin Agricultural Machinery; Rostselmash; Zoomlion; Xingguang Agricultural Machinery; Shandong Shifeng; Jiangsu Wode Group

Markets Segmentation:

1) By Product Type: Self-Propelled; Tractor-Pulled; PTO Powered2) By Type Of Movement: Crawler Type; Wheel Type3) By Power: Below 150 HP; 150-300 HP; 300-450 HP; 450-550 HP; Above 550 HP

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

Market Overview

The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $35.89 billion in 2025 at a CAGR of 10.1%.

The combines (i.e., harvester-threshers) market consists of sales of combines (i.e., harvester-threshers) by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing combine harvesters which are versatile machines designed to efficiently harvest a variety of grain crops. Only goods and services traded between entities or sold to end consumers are included.

Technological advancements in farm machineries such as the involvement of telematics in agricultural equipment likely to be an emerging trend in the combines market. Telematics is a data transfer system that retrieves and records work data, tracks, and yield data from connected combine harvesters, forage harvesters, and tractors. The collected data are further accessed and evaluated online in real time or retrospectively through the TELEMATICS website using a desktop, laptop, smartphone, or can be exported to any common farm management software program. For instance, CLAAS provides telematics that optimizes the work process in real-time, yield mapping, and monitors machine to improve machine efficiency.

The combines market covered in this report is segmented by product type self-propelled; tractor-pulled; PTO powered. It is also segmented by type of movement into crawler type; wheel type and by power into below 150 HP; 150-300 HP; 300-450 HP; 450-550 HP; above 550 HP.

The fluctuating raw material prices for manufacturing farm machineries such as combines limits the growth of the combines market. The price rise in raw materials is the culmination of cost-push and demand-pull factors. For instance, steel is a raw material that is used for manufacturing several agricultural tools and farm machineries and the cost of steel depends upon the availability of iron ore and coking coal. Due to the Covid-19 pandemic, there is a shortage of iron-ore as there is a disruption in the supply chain. In India, many steel companies increased prices third time since the start of the pandemic by $36.43 to $40.48 per ton. Such fluctuating raw material price for manufacturing agricultural equipment and machineries would change the selling price of the combines and this is expected to have a negative impact on the combines market during the forecast period.

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Key Takeaways from Combines Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Combines market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Combines market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Combines

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In conclusion, the Combines market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Combines Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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Combines Market 2021 Emerging Players, Growth Analysis and Precise Outlook – Deere & Company; Kubota Corporation; AGCO Corporation; Claas KGaA GmbH; Yanmar America

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