Harvester Thresher Market was worth USD xxx billion in 2021 and estimated to be growing at a CAGR of xx%, to reach USD xxx billion by 2026. A thresher is a specialized piece of farm equipment that serves the purpose of threshing grain. It achieves this by removing the seeds from the stalk and separating them from the husks.
Before the advent of such machines, the process of threshing was done manually by hand with the use of flails. This, as expected, was labour intensive and also time-consuming, making it all the more important to automate the process. Mechanization of this process removed a substantial amount of drudgery from farm labour. It was after the 19th century that the market for threshers took off worldwide.
Drivers and Restraints of Harvester Thresher Market:
The growth of the harvester thresher market is mainly driven by the boom in the agricultural industry. The rising populations along with the increased demand for food act as the major drivers for the market. Other drivers include technological advancements, research and development in the field and favourable government policies regarding agriculture. As for the restraints of the market, the technical skill required and the high costs are the main deterrents.
REPORT METRIC |
DETAILS |
Market Size Available |
2020 – 2026 |
Base Year |
2020 |
Forecast Period |
2022 - 2027 |
CAGR |
xx% |
Segments Covered |
By Product, Application and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
AGCO, CLAAS, CNH Industrial, Deere & Company, Dewulf, Kubota Agricultural Machinery, Kuhn, Lely, Lovol Heavy Industry, Ploeger, Pottinger, Preet, SDF and Sampo Rosenlew and Others. |
Harvester Thresher Market Segmentation:
Type I
The Harvester Thresher Market is dominated by North America in 2016 with the region accounting for 36% of the overall market share. North America was followed next in line by Europe and Asia-Pacific. Asia-Pacific is expected to grow rapidly in the coming years as is evident from the high CAGR value for the region. Another promising region for the market in Latin America, which is expected to show high growth rates in the coming years.
Key Players:
The Harvester Thresher market is highly competitive with a large number of players. Key market players dominating the market with their products are AGCO, CLAAS, CNH Industrial, Deere & Company, Dewulf, Kubota Agricultural Machinery, Kuhn, Lely, Lovol Heavy Industry, Ploeger, Pottinger, Preet, SDF and Sampo Rosenlew.
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