Combine Harvester Market By Product (Self-Propelled, Tractor Pulled And PTO Powered), By Class (Class 4 And 5, Class 6, Class 7, Class 8 And Class 9 And 10), And By Region - Global Industry Analysis, Size, Share, Growth, Trends And Forecasts (2016–2021)
Global Combine Harvester Market was worth USD XX.XX billion in 2016 and estimated to be growing at a CAGR of X.XX%, to reach USD XX.XX billion by 2021.
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A combine harvester is a versatile machine designed to make the process of harvesting crops more efficient. Automation is an important aspect of agriculture and so is mechanization and combine harvesters are one the basic steps in achieving this.
Combine harvesters perform the three processes of reaping, threshing and winnowing in a single machine and hence the name combine harvester.
Combine Harvester are very economical and boast labour saving as its main advantage. Inspite of several great advances in mechanics and computer control, the basic operating principle of the combine harvester has remained unchanged almost since it was invented.
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The growth of the combine harvester market is mainly driven by the shorter harvest periods due to changing climatic conditions. With the global weather conditions taking a turn for the worst, the harvest periods are expected to keep being erratic and short.
This is prime territory for the flourishment of the combine harvester market. Other drivers of the market include the increasing acceptance of automated equipment, rising consumer awareness and the research and development done in the field.
As for the restraints of the market, the initial high costs of buying the equipment and the maintenance costs are the major turn offs for the market. Also some degree of technical knowledge is needed for the operation of the machines which might be a problem in developing and under developed countries where farmers lack the required technical skills.
The Global Combine Harvester market is broadly classified based on Product into Self-Propelled, Tractor Pulled and PTO Powered and based on Class into Class 4 and 5, Class 6, Class 7, Class 8 and Class 9 and 10. Based on geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
The Combine Harvester Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific.
Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market is Latin America, which is expected to show high growth rates in coming years.
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The Combine Harvester market is highly competitive with a large number of players. Key market players dominating the market with their products are AGCO, CLAAS, CNH Indusrial, Deere & Company, Dewulf, Kubota Agricultural Machinery, Kuhn Group, Lely Group, Lovol Heavy Industry, Ploeger, Pottinger, Preet Group, SDF, and Sampo Rosenlew.
Y-o-Y Growth Analysis, By Product
Market Attractiveness Analysis, By Product
Market Share Analysis, By Product
Class 4 amd 5
Class 9 and 10
Y-o-Y Growth Analysis, By Class
Market Attractiveness Analysis, By Class
Market Share Analysis, By Class
The scope of the report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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