Agricultural Harvester Report: Trends, Forecast and Competitive Analysis to 2030

Agricultural Harvester Trends and Forecast

The future of the global agricultural harvester market looks promising with opportunities in the wheat, rice, maize, and barley markets. The global agricultural harvester market is expected to reach an estimated $39 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are growing rural incomes globally, rising focus on precision farming for quality harvest, and growing use of advanced farming techniques.

A more than 150-page report is developed to help in your business decisions.

Agricultural Harvester by Segment

The study includes a forecast for the global agricultural harvester by drive type, product type, application, and region

Agricultural Harvester Market by Drive Type [Shipment Analysis by Value from 2018 to 2030]:

• Four-Wheel Drive Harvester
• Two-Wheel Drive Harvester

Agricultural Harvester Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Combine Harvester
• Forage Harvester

Agricultural Harvester Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Wheat
• Rice
• Maize
• Barley
• Others

Agricultural Harvester Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Agricultural Harvester Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies agricultural harvester companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the agricultural harvester companies profiled in this report include-

• Deere & Company

CNH Industrial

AGCO

• Mahindra & Mahindra
• Maschinenfabrik Bernard Krone
• Yanmar Holdings
• Lovol Heavy Industry
• Lely International
• Sampo Rosenlew

Agricultural Harvester Market Insights

Lucintel forecast that combine harvester is expected to witness higher growth over the forecast period because of the availability of machines that are quipped with onboard GPS systems, provides information about the engine status, machine location, and harvesting speed that impacts the production capacity.

Within this market, maize will remain the largest segment because maize is a relatively high-value crop, which means that farmers are willing to invest in harvesters to improve their yields.

APAC is expected to witness largest region over the forecast period due to rapid expansion of the economies and growing population in the region.

Features of the Global Agricultural Harvester Market

Market Size Estimates: Agricultural harvester market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Agricultural harvester market size by drive type, product type, application, and region in terms of value ($B).

Regional Analysis: Agricultural harvester market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different drive type, product type, application, and regions for the agricultural harvester market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the agricultural harvester market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the agricultural harvester market size?

Answer: The global agricultural harvester market is expected to reach an estimated $39 billion by 2030.

Q.2 What is the growth forecast for agricultural harvester market?

Answer: The global agricultural harvester market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the agricultural harvester market?

Answer: The major drivers for this market are growing rural incomes globally, rising focus on precision farming for quality harvest, and growing use of advanced farming techniques.

Q4. What are the major segments for agricultural harvester market?

Answer: The future of the global agricultural harvester market looks promising with opportunities in the wheat, rice, maize, and barley markets.

Q5. Who are the key agricultural harvester market companies?

Answer: Some of the key agricultural harvester companies are as follows:

• Deere & Company
• CNH Industrial
• AGCO
• Mahindra & Mahindra
• Maschinenfabrik Bernard Krone
• Yanmar Holdings
• Lovol Heavy Industry
• Lely International
• Sampo Rosenlew

Q6. Which agricultural harvester market segment will be the largest in future?

Answer: Lucintel forecast that combine harvester is expected to witness higher growth over the forecast period because of the availability of machines that are quipped with onboard GPS systems, provides information about the engine status, machine location, and harvesting speed that impacts the production capacity.

Q7. In agricultural harvester market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness largest region over the forecast period due to rapid expansion of the economies and growing population in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the agricultural harvester market by drive type (four-wheel drive harvester and two-wheel drive harvester), product type (combine harvester and forage harvester), application (wheat, rice, maize, barley, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?