Global Harvesting Machinery Industry

Global Harvesting Machinery Industry

  • February 2020 •
  • 116 pages •
  • Report ID: 1340871 •
  • Format: PDF
Harvesting Machinery market worldwide is projected to grow by US$11.4 Billion, driven by a compounded growth of 5.5%. Harvesting Machinery, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$36.9 Billion by the year 2025, Harvesting Machinery will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 4.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$394.4 Million to the region’s size and clout in the next 5 to 6 years. Over US$326.3 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Harvesting Machinery will reach a market size of US$2.1 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.7% over the next couple of years and add approximately US$3.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others,
  • AGCO Corporation
  • CLAAS KGaA mbH
  • CNH Industrial N.V.
  • Deere & Company (John Deere)
  • Dewulf NV
  • Kubota Corp.
  • Lovol Heavy Industry Co.Ltd.
  • Ploeger Oxbo Group
  • Preet Agro Industries Pvt. Ltd.
  • Rostselmash
  • SAME Deutz Fahr
  • Sampo Rosenlew Ltd.