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Global Agricultural Harvester Market: By Product Type: Combine Harvester, Forage Harvester; By Drive Type: Four-Wheel Drive Harvester, Two-Wheel Drive Harvester; By Application: Wheat, Rice, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Agricultural Harvester Market Outlook
The global agricultural harvester market stood at a value of around USD 27.24 billion in 2020 and is projected to reach a value of USD 36.09 billion by 2026, exhibiting a CAGR of 4.8% during the forecast period of 2023-2028.
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These harvesters are used to boost farm output in less time and their use has proved to be better than standard techniques of harvesting, which is driving the demand for the product. Furthermore, agricultural practices are becoming increasingly dependent on machines and instruments, such as harvesters, as they minimise farm drudgery, increase productivity, reduce the cost of crop manufacturing, and considerably reduce harvest losses, thus, aiding the consumers.
Market Segmentation
Farmers use agricultural harvesters to harvest grain crops, as by using agricultural harvesters, three significant duties—harvesting, threshing, and winnowing—are performed. Based on its type, its industry can be categorised into combine and forage harvesters. Based on its drive type, the agricultural harvester market can be categorised as:
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- Four-Wheel Drive Harvester
- Two-Wheel Drive Harvester
Based on its application, the industry can be segmented into:
- Wheat
- Rice
- Maize
- Barley
- Others
The EMR report looks into the regional agricultural harvester markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
Due to their low crop wastage and high processing effectiveness, the demand for agricultural harvesters, including combining harvesters and forage harvesters, is increasing among farmers. The combination of harvesters helps to minimise labour cost and time by combining three distinct activities, that is, harvesting, threshing, and winnowing into one method. Technological advances in forage harvesters will further enhance the popularity of the product among consumers, thus, aiding the agricultural harvester market growth.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global agricultural harvester market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Deere & Company
- CNH Industrial
- AGCO Corporation [NYSE: AGCO]
- Mahindra Tractor
- Krone North America Inc.
- Yanmar Co., Ltd.
- Bernard Krone Holding SE &Co. KG (Bernard Krone Holding)
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, Drive Type, Application, Region |
| Breakup by Product Type | Combine Harvester, Forage Harvester |
| Breakup by Drive Type | Four-Wheel Drive Harvester, Two-Wheel Drive Harvester |
| Breakup by Application | Wheat, Rice, Maize, Barley, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Deere & Company, CNH Industrial, AGCO Corporation [AGCO (NYSE)], Mahindra Tractor, Krone North America Inc., Yanmar Co., Ltd., Bernard Krone Holding SE &Co. KG (Bernard Krone Holding), Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Agricultural Harvester Market Analysis
8.1 Key Industry Highlights
8.2 Global Agricultural Harvester Historical Market (2018-2022)
8.3 Global Agricultural Harvester Market Forecast (2023-2028)
8.4 Global Agricultural Harvester Market by Product Type
8.4.1 Combine Harvester
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Forage Harvester
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Agricultural Harvester Market by Drive Type
8.5.1 Four-Wheel Drive Harvester
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Two-Wheel Drive Harvester
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Agricultural Harvester Market by Application
8.6.1 Wheat
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Rice
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Maize
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Barley
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Others
8.7 Global Agricultural Harvester Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Deere and Co.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 CNH Industrial N.V.
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 AGCO Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Mahindra and Mahindra Ltd.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Krone North America Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Yanmar Co., Ltd.
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Bernard Krone Holding SE and Co. KG
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Agricultural Harvester Market: Key Industry Highlights, 2018 and 2028
2. Global Agricultural Harvester Historical Market: Breakup by Product Type (USD Million), 2018-2022
3. Global Agricultural Harvester Market Forecast: Breakup by Product Type (USD Million), 2023-2028
4. Global Agricultural Harvester Historical Market: Breakup by Drive Type (USD Million), 2018-2022
5. Global Agricultural Harvester Market Forecast: Breakup by Drive Type (USD Million), 2023-2028
6. Global Agricultural Harvester Historical Market: Breakup by Application (USD Million), 2018-2022
7. Global Agricultural Harvester Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Global Agricultural Harvester Historical Market: Breakup by Region (USD Million), 2018-2022
9. Global Agricultural Harvester Market Forecast: Breakup by Region (USD Million), 2023-2028
10. North America Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2022
11. North America Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Europe Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2022
13. Europe Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Asia Pacific Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2022
15. Asia Pacific Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Latin America Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2022
17. Latin America Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Middle East and Africa Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2022
19. Middle East and Africa Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Global Agricultural Harvester Market Structure
Key Questions Answered in the Report
In 2020, the global agricultural harvester market attained a value of nearly USD 27.24 billion.
The market is projected to grow at a CAGR of 4.8% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 36.09 billion by 2026.
The major drivers of the market include the increasing usage of agricultural harvesters to boost farm output due to its benefits like low crop wastage and high processing effectiveness and the adoption of modern techniques and machinery in the agricultural sector.
The key trends guiding the growth of the industry include the favourable government initiatives and the technological advancements in the agricultural industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Combine and forage harvesters are the major agricultural harvester product types in the market.
Four-wheel drive harvester and two-wheel drive harvester are the different drive types of the product in the market.
Wheat, rice, maize, and barley, among others are the significant applications of the product.
The major players in the industry are Deere & Company, CNH Industrial, AGCO Corporation, Mahindra Tractor, Krone North America Inc., Yanmar Co., Ltd., and Bernard Krone Holding SE &Co. KG (Bernard Krone Holding), among others.
Analyst Review
The global agricultural harvester market attained a value of USD 27.24 billion in 2020, driven by its increasing utilisation due to benefits like low crop wastage and high processing effectiveness. Aided by the increasing government spending to develop the agricultural sector, the market is anticipated to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4.8%. The market is projected to reach a value of USD 36.09 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the market is divided into combine and forage harvesters. On the basis of drive type, the market is segmented into four-wheel drive harvester and two-wheel drive harvester. The market, based on application, is categorised into wheat, rice, maize, and barley, among others. The major regional markets for agricultural harvester are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Deere & Company, CNH Industrial, AGCO Corporation, Mahindra Tractor, Krone North America Inc., Yanmar Co., Ltd., and Bernard Krone Holding SE &Co. KG (Bernard Krone Holding), among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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