Harvester Market to Reach $42.51 Billion by 2032
Meticulous Research®—a
leading global market research company, published a research report
titled ‘Harvester Market—Global Opportunity Analysis and Industry
Forecast (2025-2032)’. According to this latest publication from Meticulous
Research®, the harvester market is expected to reach $42.51
billion by 2032, at a CAGR of 4.9% from 2025 to 2032.
The increasing global
food demand and crop production, rising agricultural mechanization, and
increasing adoption of advanced harvesting technologies are driving the growth
of the harvester market. Additionally, rising innovations in smart agriculture
and emerging markets create significant opportunities for market players.
Furthermore, growing automation and robotics in harvesting equipment and rising
demand for sustainable farming practices are major trends in the harvester
market.
Key Players:
The harvester market
is characterized by a moderately competitive scenario due to the presence of
many large- and small-sized global, regional, and local players. The key
players operating in the harvester market are CLAAS KGaA mbH (Germany), CNH
Industries N.V. (U.K.), Deere & Company (U.S.), Yanmar Holdings Co., Ltd.
(Japan), KUBOTA Corporation (Japan), Tractors and Farm Equipment Limited
(India), Mahindra & Mahindra Ltd. (India), AGCO Corporation (U.S.), ISEKI
& Co., Ltd. (Japan), SDF S.p.A. (Italy), Harvest Automation, Inc. (U.S.),
Preet Group (India), and KZ Rostselmash LLC (Russia).
The harvester market
is segmented based on type, mode of operation, propulsion type, power, and crop
type. This study also evaluates industry competitors and analyzes the regional
and country-level markets.
Among the types
studied in this report, in
2025, the combine harvester segment is expected to dominate the harvester
market. The rising popularity of the combine harvesters due to its adaptability
and efficiency in harvesting multiple types of crops, the rising adoption of
mechanized agriculture practices due to labor shortage and operational cost,
the increasing global population, and the need to maximize yields from limited
arable land, contributing to the segment’s dominant position in the harvester
market.
Among the mode of
operations studied in this report, the semi-automatic harvesters’ segment is anticipated to hold the
dominant position, with a large share of the harvester market in 2025. The
affordability and simplicity over automated agriculture equipment,
technological enhancements, increased rural incomes, and labor shortages
reinforces this segment's dominance in the harvester market.
Among the
propulsion types studied in this report, the non-electric-powered harvester segment is anticipated to hold
the dominant position, with a large share of the harvester market in 2025. The
benefits offered by non-electric powered agriculture equipment, such as higher
power output, suitability for heavy-duty field operations, and independence
from battery charging infrastructure make it ideal for large-scale and
continuous farming activities. Additionally, these non-electric-powered
harvesters have lower upfront costs and greater availability, especially in
developing regions and some parts of developed regions, where access to
charging infrastructure is limited. These factors contribute to the strong
demand for non-electric-powered harvesters across the globe.
Among the harvester
powers studied in this report,
in 2025, the below 150 HP segment is expected to dominate the harvester market,
mainly due to its cost-effectiveness, low maintenance, and high adoption among
small and mid-sized farmers.
Among the crop
types studied in this report, the
cereals & grains segment is anticipated to hold the dominant position, with
a large share of the harvester market in 2025. The increasing demand for cereal
& grain-based products, rising demand for organic cereal and grains, and
extensive area dedicated to their cultivation contribute to the segment’s
dominant position in the harvester market. Modern combine harvesters are
adaptable to various types of crops, including wheat, corn, soybeans, and
barley. This allows farmers who cultivate multiple crop types to use a single
piece of machinery, leading to cost savings and simplified operations.
Geographic Review
This research report
analyzes major geographies and provides a comprehensive analysis of North
America (U.S., Canada), Europe (France, Spain, Italy, Germany, U.K.,
Netherlands, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia,
South Korea, Indonesia, Malaysia, and Rest of Asia-Pacific), Latin America
(Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East
& Africa (South Africa, Saudi Arabia, UAE, and the Rest of Middle East
& Africa).
In 2025, Asia-Pacific
is expected to dominate the harvester market. The substantial share
of this regional market can be attributed to the several factors, such as the
huge agricultural industry, high demand for food to support an increasing
population, and need to rise agricultural productivity to meet rising food
demand. Moreover, the increasing government support to promote agricultural
modernization through subsidies and financing options for machinery purchases
are also driving the adoption of harvesters across the region.
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Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=6076
Key Questions
Answered in the Report-
- What is the value of revenue generated by
the sale of harvester?
- At what rate is the global demand for
harvester projected to grow for the next five to seven years?
- What is the historical market size and
growth rate for the harvester market?
- What are the major factors impacting the
growth of this market at global and regional levels?
- What are the major opportunities for
existing players and new entrants in the market?
- Which type, mode of operation, propulsion
type, power, and crop type segments create major traction for the
manufacturers in this market?
- What are the key geographical trends in
this market? Which regions/countries are expected to offer significant
growth opportunities for the manufacturers operating in the harvester
market?
- Who are the major players in the harvester
market? What are their specific product offerings in this market?
- What recent developments have taken place
in the harvester market? What impact have these strategic developments
created on the market?
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