Asia Pacific Combine Harvester Market

Asia Pacific Combine Harvester Market Size, Growth, Trends and Forecast:

Asia Pacific Combine Harvester Market was worth USD xxx billion in 2021 and estimated to be growing at a CAGR of xxx%, to reach USD xxx billion by 2026. A combine harvester is a versatile machine designed to make the process of harvesting crops more efficient. Automation is an important aspect of agriculture and so is mechanization and combine harvesters are one the basic steps in achieving this. 

Combine harvesters perform the three processes of reaping, threshing and winnowing in a single machine and hence the name combine harvester. Combine Harvester are very economical and boast labour saving as its main advantage. Inspite of several great advances in mechanics and computer control, the basic operating principle of the combine harvester has remained unchanged almost since it was invented.

Drivers and Restraints of Asia Pacific Combine Harvester Market:

The growth of the combine harvester market is mainly driven by the shorter harvest periods due to changing climatic conditions. With the Asia Pacific weather conditions taking a turn for the worst, the harvest periods are expected to keep being erratic and short. This is prime territory for the flourishment of the combine harvester market. Other drivers of the market include the increasing acceptance of automated equipment, rising consumer awareness and the research and development done in the field. As for the restraints of the market, the initial high costs of buying the equipment and the maintenance costs are the major turn offs for the market. Also some degree of technical knowledge is needed for the operation of the machines which might be a problem in developing and under developed countries where farmers lack the required technical skills.

The Asia Pacific Combine Harvester Market is segmented and sub-segmented into following categories:

Asia Pacific Combine Harvester Market - By Product:

• Self-Propelled

• Tractor Pulled
• PTO Powered

Asia Pacific Combine Harvester Market - By Class:

• Class 4 and 5
• Class 6
• Class 7
• Class 8
• Class 9
• Class 10

Regional Analysis:

Based on geography, the Asia-Pacific market is divided into India, China, South Korea, Japan and Australia. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. In addition to having the highest growth rate, the region also has the third highest market share. The rapid growth of the region can be attributed to the developing stature of countries such as India and China.

Key Players:

• AGCO
• CLAAS
• CNH Indusrial
• Deere & Company
• Dewulf
• Kubota Agricultural Machinery
• Kuhn Group
• Lely Group
• Lovol Heavy Industry
• Ploeger
• Pottinger
• Preet Group
• SDF
• Sampo Rosenlew