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Agricultural Harvester Market

Global Agricultural Harvester Market Growth, Forecast: By Product Type: Combine Harvester, Forage Harvester; By Drive Type: Four-Wheel Drive Harvester, Two-Wheel Drive Harvester; By Application: Wheat, Rice, Maize, Barley, Others; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032

Global Agricultural Harvester Market Outlook

The global agricultural harvester market stood at a value of around USD 31.96 billion in 2023 and is projected to reach a value of USD 48.61 billion by 2032, exhibiting a CAGR of 4.8% during the forecast period of 2024-2032.

 

Agricultural Harvester Market

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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:

 

Agricultural Harvester Market By Segments

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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.

 

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.

 

Agricultural Harvester Market By Region

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Deere and Co.
  • CNH Industrial N.V.
  • AGCO Corporation
  • Mahindra and Mahindra Ltd.
  • Krone North America Inc. 
  • Yanmar Co., Ltd.
  • Bernard Krone Holding SE and Co. KG
  • 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    Opportunities and Challenges in the Market
8    Global Agricultural Harvester Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Agricultural Harvester Historical Market (2018-2023) 
    8.3    Global Agricultural Harvester Market Forecast (2024-2032)
    8.4    Global Agricultural Harvester Market by Product Type
        8.4.1    Combine Harvester
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Forage Harvester
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Agricultural Harvester Market by Drive Type
        8.5.1    Four-Wheel Drive Harvester
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Two-Wheel Drive Harvester
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Agricultural Harvester Market by Application
        8.6.1    Wheat
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Rice
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Maize
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Barley
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Others
    8.7    Global Agricultural Harvester Market by Region       
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032) 
9    North America Agricultural Harvester Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Agricultural Harvester Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Agricultural Harvester Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.2    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Agricultural Harvester Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa  Agricultural Harvester Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Deere and Co.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    CNH Industrial N.V.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3     AGCO Corporation
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Mahindra and Mahindra Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Krone North America Inc.  
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Yanmar Co., Ltd.
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Bernard Krone Holding SE and Co. KG
            16.2.7.1    Company Overview
            16.2.7.2    Product Portfolio
            16.2.7.3    Demographic Reach and Achievements
            16.2.7.4    Certifications
        16.2.8    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Agricultural Harvester Market: Key Industry Highlights, 2018 and 2032
2.    Global Agricultural Harvester Historical Market: Breakup by Product Type (USD Million), 2018-2023
3.    Global Agricultural Harvester Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4.    Global Agricultural Harvester Historical Market: Breakup by Drive Type (USD Million), 2018-2023
5.    Global Agricultural Harvester Market Forecast: Breakup by Drive Type (USD Million), 2024-2032
6.    Global Agricultural Harvester Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Agricultural Harvester Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Agricultural Harvester Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Agricultural Harvester Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Agricultural Harvester Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Agricultural Harvester Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Agricultural Harvester Market Structure

Key Questions Answered in the Report

In 2023, the global agricultural harvester market attained a value of nearly USD 31.96 billion.

The market is projected to grow at a CAGR of 4.8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 48.61 billion by 2032.

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 market 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 harvester and forage harvester 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 market are Deere and Co., CNH Industrial N.V., AGCO Corporation, Mahindra and Mahindra Ltd., Krone North America Inc., Yanmar Co., Ltd., and Bernard Krone Holding SE and Co. KG, among others.

Analyst Review

The global agricultural harvester market attained a value of USD 31.96 billion in 2023, 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 2024-2032, growing at a CAGR of 4.8%. The market is projected to reach a value of USD 48.61 billion by 2032.

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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