Harvesting Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented by Products (Combine Harvester, Forage Harvester, Sugarcane Harvester, Others), By Application (Agriculture v/s Fodder), By Region, and Competition 2018-2028

  • Industry : Agriculture
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

The Global Harvesting Equipment Market is anticipated to witness an impressive growth during the forecast period.. This can be ascribed to the growing demand for advanced harvesting equipment for better crop production across the region. Similarly, the growing development of research activities in the agricultural field for better crop production with saving time and low cost is expected to create a lucrative during the forecast period. Additionally, growing investments by major key players in the agriculture fields are expected to drive the market growth across different parts of the globe. Similarly, the increasing preferences towards the usage of harvesting technology to enhance the efficiency of agricultural purposes is further expected to increase the demand for harvesting equipment, thereby fuelling market growth through 2028. Besides, growing awareness about new harvesting technology and its advantages among farmers across the globe is further expected to support the harvesting equipment market during the forecast period. AGCO Corporation is a leading manufacturer and distributor of agricultural equipment and related replacement parts throughout the world.

Growing awareness about equipment benefits propel the market

The growing demand for food and agricultural commodities enhances the production capacity and yield, which in turn is propelling the growth of the market during the forecast period. Similarly, farmers are adopting sustainable agriculture practices by using advanced harvesting equipment to fulfill the food propelling the growth of the market during the forecast period.  In addition, the increasing demand for agricultural products is expected to increase the need for planting, fertilizing, and harvesting equipment rather than manual equipment over time. These types of instruments are used because of reducing overall costs and improvement in crop yields. According to USDA data, foreign investors owned at least 35.2 million acres of U.S. agricultural land in 2019—2.7 percent of U.S. farmland, an area almost the size of Iowa.  Also, increasing the urbanization rate along with demand for time-saving technology for additional food production  in turn is expected to enhance the demand for harvesting equipment market. The employment of agriculture equipment assists in the cultivation of more crop in less time with less effort and increase the production of food, which anticipates to propel the market growth over the years.

Growing technological advancements in the agriculture field boost the market growth
Increasing technological advancement in the agriculture field for developing harvesting equipment along with growing mechanization of different agricultural activities has propelled the development of different modern and automatic agriculture equipment. Similarly, growing favourable government initiatives are expected to the market growth over the years. In 2019, 49 percent of reported foreign-held acreage in the United States was forest land, while 25 percent was cropland, 24 percent was for pasture and other agricultural uses, and 2 percent was for non-agricultural uses (such as homesteads and roads). Modern agriculture has undergone a dramatic transformation due to new technological developments in fields like robots, drones, and computer vision software. The main objective of agricultural automation technology is to take care of simple, routine operations. Drones, autonomous tractors, seeding, and mowing are some of the primary technologies that are most frequently used by farms.

Small-scale Potato Harvester, this machine digs potatoes from the soil by separating soil from the roots. It functions on small scale but separates the soil quickly to reduce the problems in harvesting potatoes.  




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Market Segmentation
The global harvesting equipment market can be segmented by products, applications and by region. Based on products, the market can be segmented into Combine Harvester, Forage Harvester, Sugarcane Harvester, and Others. Based on application, the market can be divided into Agriculture and Fodder. Regionally, North America dominates the market among Asia Pacific, Europe, Middle East & Africa, and South America. Amongst the different countries, the United States dominated the global harvesting equipment market on account of the increasing mechanized farming and acute labor shortage in the country.

 

Recent Development

  • NMSA is envisaged as one of the eight Missions outlined under National Action Plan on Climate Change (NAPCC), NMSA aim at promoting Sustainable Agriculture through climate change adaptation measures. The major thrust is enhancing agriculture productivity especially in rainfed areas focusing on integrated farming, soil health management, and synergizing resource conservation.

Market Players
Lakeview Vineyard Equipment Inc, Oxbo International Corp., Pellenc America, Containerpal Green-Rubber Kennedy Ag., American Grape Harvesters., Blueline Manufacturing and Equipment., Clemens Vineyard Equipment., Lazer Star Lights., Garton Tractor Inc. are some of the leading players operating in the Global Harvesting Equipment Market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

       By-Products

       By Application

       By Region

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE

Key companies profiled

Lakeview Vineyard Equipment Inc, Oxbo International Corp., Pellenc America, Containerpal Green-Rubber Kennedy Ag., American Grape Harvesters., Blueline Manufacturing and Equipment., Clemens Vineyard Equipment., Lazer Star Lights., Garton Tractor Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Harvesting Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

·         Harvesting Equipment Market, By Products:

o   Combine Harvester

o   Forage Harvester

o   Sugarcane Harvester

o   Others

·         Harvesting Equipment Market, By Application:

o   Agriculture

o   Fodder

·         Harvesting Equipment Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  Germany

§  United Kingdom

§  Italy

§  Spain

o   Asia Pacific

§  China

§  India

§  Japan

§  South Korea

§  Australia

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Harvesting Equipment Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Harvesting Equipment Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Harvesting Equipment Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Products (Combine Harvester, Forage Harvester, Sugarcane Harvester, Others)

5.2.2.     By Application (Agriculture v/s Fodder)

5.2.3.     By Region

5.2.4.     By Company (2022)

5.3.  Market Map

5.3.1.     By Products

5.3.2.     By Application

5.3.3.     By Region

6.    North America Harvesting Equipment Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Products (Combine Harvester, Forage Harvester, Sugarcane Harvester, Others)

6.2.2.     By Application (Agriculture v/s Fodder)

6.2.3.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States Harvesting Equipment Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Products

6.3.1.2.2.             By Application

6.3.2.     Canada Harvesting Equipment Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Products

6.3.2.2.2.             By Application

6.3.3.     Mexico Harvesting Equipment Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Products

6.3.3.2.2.             By Application

7.    Europe Harvesting Equipment Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Products (Combine Harvester, Forage Harvester, Sugarcane Harvester, Others)

7.2.2.     By Application (Agriculture v/s Fodder)

7.2.3.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Harvesting Equipment Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Products

7.3.1.2.2.             By Application

7.3.2.     Germany Harvesting Equipment Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Products

7.3.2.2.2.             By Application

7.3.3.     United Kingdom Harvesting Equipment Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Products

7.3.3.2.2.             By Application

7.3.4.     Italy Harvesting Equipment Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Products

7.3.4.2.2.             By Application

7.3.5.     Spain Harvesting Equipment Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Products

7.3.5.2.2.             By Application

8.    Asia-Pacific Harvesting Equipment Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Products (Combine Harvester, Forage Harvester, Sugarcane Harvester, Others)

8.2.2.     By Application (Agriculture v/s Fodder)

8.2.3.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China Harvesting Equipment Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Products

8.3.1.2.2.             By Application

8.3.2.     India Harvesting Equipment Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Products

8.3.2.2.2.             By Application

8.3.3.     Japan Harvesting Equipment Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Products

8.3.3.2.2.             By Application

8.3.4.     South Korea Harvesting Equipment Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Products

8.3.4.2.2.             By Application

8.3.5.     Australia Harvesting Equipment Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Products

8.3.5.2.2.             By Application

9.    South America Harvesting Equipment Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Products (Combine Harvester, Forage Harvester, Sugarcane Harvester, Others)

9.2.2.     By Application (Agriculture v/s Fodder)

9.2.3.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Harvesting Equipment Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Products

9.3.1.2.2.             By Application

9.3.2.     Argentina Harvesting Equipment Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Products

9.3.2.2.2.             By Application

9.3.3.     Colombia Harvesting Equipment Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Products

9.3.3.2.2.             By Application

10.  Middle East and Africa Harvesting Equipment Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Products (Combine Harvester, Forage Harvester, Sugarcane Harvester, Others)

10.2.2.  By Application (Agriculture v/s Fodder)

10.2.3.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Harvesting Equipment Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Products

10.3.1.2.2.           By Application

10.3.2.  Saudi Arabia Harvesting Equipment Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Products

10.3.2.2.2.           By Application

10.3.3.  UAE Harvesting Equipment Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Products

10.3.3.2.2.           By Application

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

12.1.              Recent Developments

12.2.              Product Launches

12.3.              Mergers & Acquisitions

13.  Global Harvesting Equipment Market: SWOT Analysis

14.  Porter’s Five Forces Analysis

14.1.              Competition in the Industry

14.2.              Potential of New Entrants

14.3.              Power of Suppliers

14.4.              Power of Customers

14.5.              Threat of Substitute Product

15.  Competitive Landscape

15.1.              Business Overview

15.2.              Product Offerings

15.3.              Recent Developments

15.4.              Financials (As Reported)

15.5.              Key Personnel

15.6.              SWOT Analysis

15.6.1.  Lakeview Vineyard Equipment Inc

15.6.2.  Oxbo International Corp.

15.6.3.  Pellenc America.

15.6.4.  Containerpal

15.6.5.  Green-Rubber Kennedy Ag.

15.6.6.  American Grape Harvesters.

15.6.7.  Blueline Manufacturing and Equipment.

15.6.8.  Clemens Vineyard Equipment.

15.6.9.  Lazer Star Lights.

15.6.10.                Garton Tractor Inc.

16.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Increasing preferences towards the usage of harvesting machinery to enhance the efficiency of agricultural purposes, and rising pressure on the arable land to meet the need for food grains are some of the major factors driving the growth of the Global Harvesting Equipment market.

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Lakeview Vineyard Equipment Inc, Oxbo International Corp., Pellenc America, Containerpal Green-Rubber Kennedy Ag., American Grape Harvesters., Blueline Manufacturing and Equipment., Clemens Vineyard Equipment., Lazer Star Lights., Garton Tractor Inc. are some of the leading players operating in the Global Harvesting Equipment Market.

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The Combine Harvesters are expected to dominate the Global Harvesting Equipment market during the forecast period.

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North American region is expected to hold the largest share in the Global Harvesting Equipment Market.

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Sakshi Bajaal

Business Consultant
Press Release

Harvesting Equipment Market to be dominated by Combine Harvesters type through 2028

Dec, 2022

Increasing demand for mechanized farming is expected to drive the growth of global harvesting equipment in the forecast period, 2024-2028.

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