Combine Harvester Market Size Worth USD 64,940.4 Million by 2030 Growing at a CAGR of 3.9% during the forecast period 2023-2030, Data By Contrive Datum Insights

Farmington, March 14, 2023 (GLOBE NEWSWIRE) -- The Global Combine Harvester Market Was Valued At USD 46,362.3 Million In 2022 And Is Expected To Reach USD 64,940.4 Million By 2030, At A CAGR Of 3.9% During The Forecast Period 2022-2030. Combine harvesters are made to cut straw through the ground in order to gather crops. It has started to replace the old way of gathering grain with idle tractors, and it has proven to be an effective and cost-efficient way to harvest a lot of crops quickly. Farmers all over the U.S. are buying a lot of combine harvesters, so companies all over the world are making new ones that can handle the toughest terrains.

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Combine Harvester Market Recent Developments:

• In 2021, Swaraj, a subsidiary of Mahindra & Mahindra, launched a new harvester in Telangana, India. The Swaraj Pro Combine 7060 is a crawler harvester that helps rice farmers in Telangana improve productivity and performance. Equipped with a new rice cutter bar, it is also capable of efficiently cutting dormant crops at relatively low cost.
• Bear Flag Robotics, a Silicon Valley-based agricultural technology company, was acquired by John Deere in August 2021. The acquisition will support John Deere's long-term goal of increasing the mechanization of agricultural equipment and developing advanced machinery to meet the needs of specific customers. .
• In August 2018, To achieve high performance, CLAAS KGaA mbH added the new CONVIO FLEX and CONVIO Draper Cutting Bars to its product lineup.
• Massey Ferguson, a brand of AGCO Corporation, announces the release of the 2018 RazorEdgeTM 1300 model pull-type disc mower conditioner.
• Kubota Company began full-scale operation at its new tractor and wheeled combine harvester manufacturing facility in November 2017. The business offers a wide range of agricultural products, and the well-known harvester PRO1408Y performs exceptionally well.

Combine Harvester Market Dynamics:

Big companies like John Deere & Company, New Holland Fiat, and others are working on new harvesters that use less fuel than others on the market. Even though there are many kinds of harvesters on the market, combine harvesters have been used a lot in the last few decades. Combine harvesters are not always available, so they have to be moved over long distances. So, players in the market can focus on their delivery network to grow their share of the market.
Due to the many benefits that come with using them, harvesters are becoming more popular among farm tools. For example, using harvesters can help speed up the process because picking is done so quickly that fields can move on to the next crop quickly. So, a higher chance of a high yield is likely to lead to more sales of harvesters. Also, when a crop is picked at the right time, it keeps its quality. Because of this, farmers tend to use simple, quick harvesters. The rise of the market is also likely to be helped by a number of government programs that help and encourage farmers to use modern farm equipment.

Regional Outlook:

North America is the market leader. In North America, there is a shortage of workers and the cost of hiring them is going up. This, along with the need to replace old machines with new ones, is driving the use of new technologies in the area, which is making foods grown there more productive and efficient. Also, the unpredictability of the weather in the area is driving the market for combine harvesters because of how well they work.
The U.S. has a big part of the market for combine harvesters in North America. Agriculture is one of the most important jobs in the U.S., and farm mechanization is seen as a key way to boost output, sales, and exports. The goal of new technology is to make combine harvesters more useful in farming. The Equipment Manufacturers Association says that sales of self-propelled combines in the U.S. went up by 25.3% in December compared to the same month in 2020. In January 2021, 194 self-operated combines were sold. In January 2022, 200 self-operated combines were sold. North America's double-digit year-over-year growth in combines shows that there is more desire for them.

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Scope of Report:

Combine Harvester Market Key Segments Covered:

Top Market Players:
Claas Kgaa Mbh, Cnh Industrial N.V., Mahindra & Mahindra Ltd., Deere & Company, Iseki & Co., Ltd., J C Bamford Excavators Ltd., Kubota Corporation, Same Deutz-Fahr Italia S.P.A., Yanmar Co., Ltd., Bucher Industries, Escorts Ltd., Zetor Tractors A.S., Alamo Group, Inc., Tractors And Farm Equipment Limited., and Others.

Combine-Harvester Market by Types:

• Wheel Type
• Caterpillar
• Other

Combine-Harvester Market by Applications:

• Farm
• Orchard
• Forest Farm
• Other

Regions and Countries Covered

• North America: (US, Canada, Mexico, Rest of North America)
• Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
• Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
• The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
• Latin America: (Brazil, Argentina, Rest of Latin America)
• Rest Of the World

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