Harvesting Machinery Market Report: Trends, Forecast and Competitive Analysis to 2030

Harvesting Machinery Trends and Forecast

The future of the global harvesting machinery market looks promising with opportunities in the grain, fruit, and flower markets. The global harvesting machinery market is expected to reach an estimated $120.1 billion by 2030 with a CAGR of 4.8% from 2024 to 2030. The major drivers for this market are rising demand for advanced harvesting equipment for better crop production across the region, increasing advancement of research activities in the agricultural field, and growing awareness about the latest harvesting technology and its benefits among farmers globally.

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

Harvesting Machinery by Segment

The study includes a forecast for the global harvesting machinery by nature, product type, application, and region.

Harvesting Machinery Market by Nature [Shipment Analysis by Value from 2018 to 2030]:

• Crawler Type
• Wheeler Type
• Automatic

Harvesting Machinery Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Self Propelled Machinery
• Trailed Machinery
• Mounted Machinery
• Specialized Harvester Machinery

Harvesting Machinery Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Grains
• Fruits
• Flowers
• Others

Harvesting Machinery Market by Region [Shipment Analysis by Value from 2018 to 2030]:

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

List of Harvesting Machinery 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 harvesting machinery companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the harvesting machinery companies profiled in this report include-

• Deere & Company
• Krone
• Yanmar
• CNH Industrial
• Kubota
• Great Plains
• Mahindra & Mahindra
• AGCO Corporation
• CLAAS
• Bernard Krone

Harvesting Machinery Market Insights

Lucintel forecasts that trailed machinery will remain the largest segment over the forecast period because of its portability and ease of assembly that made harvesting easier and more comfortable.

APAC is expected to witness highest growth over the forecast period due to the growth of the harvesting machinery industry in this region owing to the increasing population, and rising demand for food products.

Features of the Global Harvesting Machinery Market

Market Size Estimates: Harvesting machinery 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: Harvesting machinery market size by nature, product type, application, and region in terms of value ($B).

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

Growth Opportunities: Analysis of growth opportunities in different nature, product type, application, and regions for the harvesting machinery market.

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

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

FAQ

Q.1 What is the harvesting machinery market size?

Answer: The global harvesting machinery market is expected to reach an estimated $120.1 billion by 2030.

Q.2 What is the growth forecast for harvesting machinery market?

Answer: The global harvesting machinery market is expected to grow with a CAGR of 4.8% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the harvesting machinery market?

Answer: The major drivers for this market are rising demand for advanced harvesting equipment for better crop production across the region, increasing advancement of research activities in the agricultural field, and growing awareness about the latest harvesting technology and its benefits among farmers globally.

Q4. What are the major segments for harvesting machinery market?

Answer: The future of the global harvesting machinery market looks promising with opportunities in the grain, fruit, and flower markets.

Q5. Who are the key harvesting machinery market companies?

Answer: Some of the key harvesting machinery companies are as follows:

• Deere & Company
• Krone
• Yanmar
• CNH Industrial
• Kubota
• Great Plains
• Mahindra & Mahindra
• AGCO Corporation
• CLAAS
• Bernard Krone

Q6. Which harvesting machinery market segment will be the largest in future?

Answer: Lucintel forecasts that trailed machinery will remain the largest segment over the forecast period because of its portability and ease of assembly that made harvesting easier and more comfortable.

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

Answer: APAC is expected to witness highest growth over the forecast period due to the growth of the harvesting machinery industry in this region owing to the increasing population, and rising demand for food products.

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 harvesting machinery market by nature (crawler type, wheeler type, and automatic), product type (self propelled machinery, trailed machinery, mounted machinery, and specialized harvester machinery), application (grains, fruits, flowers, 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?