Press release
Emerging Trends Influencing The Growth Of The Combines Market: Technological Advancements In Combine Harvesters
Combines
How Big Is the Combines Market Size Expected to Be by 2034?
The combines market size has seen solid growth over recent years. It is anticipated to expand from $27.3 billion in 2024 to $28.71 billion in 2025 at a CAGR of 5.1%. Key growth drivers included farm equipment modernization, crop diversification, larger farm operations, innovation, and yield improvements.
The combines market is expected to see strong growth, reaching $35.28 billion by 2029 with a CAGR of 5.3%. The growth is supported by sustainable agriculture practices, climate change resilience, precision agriculture, and digital agriculture. Key trends include mechanization and automation, precision agriculture, data management integration, and environmental sustainability.
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What Are the Emerging Segments Within the Combines Market?
The combines market covered in this report is segmented -
1) By Product Type: Self-Propelled, Tractor-Pulled, PTO Powered
2) By Type Of Movement: Crawler Type, Wheel Type
3) By Power: Below 150 HP, 150-300 HP, 300-450 HP, 450-550 HP, Above 550 HP
Subsegments:
1) By Self-Propelled: Standard Self-Propelled Combines, High-Capacity Self-Propelled Combines, Compact Self-Propelled Combines, Other Self-Propelled Combines
2) By Tractor-Pulled: Small Tractor-Pulled Combines, Medium Tractor-Pulled Combines, Large Tractor-Pulled Combines, Other Tractor-Pulled Combines
3) By PTO Powered: Standard PTO Powered Combines, High-Efficiency PTO Powered Combines, Custom PTO Powered Combines, Other PTO Powered Combines
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What Long-Term Drivers Are Shaping Combines Market Trends?
The mechanization of farming has led to the growth of the combines market. Combines are farm machinery that cuts and threshes grain, reducing the need for manual labor. In developed countries, much of the farming process is mechanized. In Ghana, for example, tractor power increased from 0.0588 kW/ha in 2020 to a projected 0.0752 kW/ha in 2025, and mechanized farming is up to 53.8% cheaper than manual farming. This shift to mechanization is driving the growth of the combines market.
Who Are the Top Competitors in Key Combines Market Segments?
Major companies operating in the combines market include Deere & Company, Kubota Corporation, AGCO Corporation, Claas KGaA GmbH, Yanmar America Corporation, Tractors and Farm Equipment Limited (TAFE), CNH Industrial N.V., ISEKI & Co. Ltd., Versatile, SAME DEUTZ-FAHR (SDF), Preet Agro Industries Pvt. Ltd., LOVOL Heavy Industry Co. Ltd., Mahindra & Mahindra Limited, Caterpillar Inc., Daedong Industrial Co. Ltd., J C Bamford Excavators Limited, MASSEY FERGUSON, Zhengzhou Amisy Machinery Co. Ltd., Pickett Equipment, Zhejiang Liulin Agricultural Machinery Co. Ltd., Rostselmash, Zoomlion Heavy Industry Science & Technology Co. Ltd., Xingguang Agricultural Machinery, Shandong Shifeng Group, Jiangsu Wode Group, Kuhn Group, Escorts Limited, Laverda S.p.A., Hubei Machinery and Equipment Co. Ltd., Goldsun (Hubei) Machinery Co. Ltd., Laizhou Deyuan Machinery Co. Ltd., Sampo-Rosenlew Ltd., Parul Industries, Greaves Cotton Limited, Belarusian Autoworks
What Combines Market Trends Are Gaining Traction Across Different Segments?
Technological innovations such as telematics in farm equipment are shaping the combined market. Telematics collects and records work data from connected agricultural machinery like harvesters and tractors. This data is accessible in real-time or retrospectively via the TELEMATICS platform on various devices. CLAAS offers a telematics system that helps optimize workflows, map yields, and enhance machine performance.
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Which Regions Are Becoming Hubs for Combines Market Innovation?
Asia-Pacific was the largest region in the combines market in 2023. North America was the second largest region in the combines market. The regions covered in the combines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Combines Market?
2. What is the CAGR expected in the Combines Market?
3. What Are the Key Innovations Transforming the Combines Industry?
4. Which Region Is Leading the Combines Market?
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