The global combine harvester market is forecast to grow at a CAGR of 7.58% during the period 2017-2021.
The report, Global Combine Harvester Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is Rising popularity of telematics in agricultural mechanization. Use of telematics ensures an onboard GPS system in combine harvesters. The GPS system helps in providing information about vehicle location, speed, and engine status. Telematics helps in reviewing specific data of previous operational days and furnishing data on when and how efficiently the machine has been operated before the farmer starts threshing again.
According to the report, one of the major drivers for this market is Increasing governmental support for agricultural mechanization. Governments of many countries support farmers by providing them subsidies and training them to operate agricultural machinery including combine harvesters. For instance, the US Department of Agriculture (USDA) offers the Microloan Program that helps in providing financial assistance for agricultural purposes, which includes assistance related to operating expenses, machinery, seeds, fertilizers, and repairs.
- CNH Industrial
- Deere & Company
Other prominent vendors
- Lely Group
- Lovol Heavy Industry
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation By Product
Part 07: Market Segmentation By Class
Part 08: Market Segmentation By Distribution Channel
Part 09: Geographical Segmentation
Part 10: Key Leading Countries
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Competitor Landscape
Part 15: Key Competitor Analysis
Part 16: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/ljktsg/global_combine