Harvesting Equipment Market – A Global and Regional Analysis: Focus on Harvesting Equipment Product and Application, Supply Chain Analysis, and Country Analysis – Analysis and Forecast, 2022-2027

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Description

Global Harvesting Equipment Market Industry Overview

The harvesting equipment market is expected to grow from $22.42 billion in the year 2021 to $30.11 billion by 2027, at a CAGR of 5.08% from 2022 to 2027. The growth in the global harvesting equipment market is expected to be driven by increasing demand for harvesting equipment in precision farming and the growing need to limit grain and cereals waste.

Market Lifecycle Stage

The harvesting equipment market is in the development phase. Increased research and development activities are underway to develop harvesting robots and electrification harvesting equipment, which is expected to increase the demand for harvesting equipment in farming practices.

Increasing investments in the R&D of harvesting equipment is one of the major opportunities in the global harvesting equipment market. Moreover, the functions of harvesting equipment such as harvesting, threshing, separating, cleaning, and collecting grain while moving through the standing crops are attracting farmers, animal feed producers, and the dairy industry.

Impact

• An increasing mechanized farming and acute labor shortage create the market opportunity for harvesting equipment manufacturers. As harvesting equipment saves the cost and time in farming practices and enhances the grain quality, the farmers are adopting harvesting equipment in their farming practices. Also, North America and Europe are adopting the agriculture 4.0 revolution trend and increasing precision farming practices. This creates better opportunities in North America and Europe markets.
• Additionally, harvesting equipment is used in various end-use industries, including animal feed and dairy. The growing demand for meat and dairy products will furthermore drive the harvesting equipment market during the forecast period 2022-2027.

Impact of COVID-19

COVID-19 pandemic directly impacted the manufacturing and transportation activities of the harvesting equipment market. Due to the pandemic, the supply chain of the harvesting equipment market was disturbed at the global level. Various governments closed their international trades and production units. Due to this, the harvesting equipment market were hampered more at the global level. In mid-2021, manufacturing and transportation activities of the harvesting equipment started gradually, and international trades started efficiently. Therefore, the production and consumption of harvesting equipment products are expected to increase post-COVID-19 pandemic.

Market Segmentation:

Segmentation 1: by Application
• Agriculture
• Fodder

The global harvesting equipment market (by application) is dominated by the agriculture segment.

Segmentation 2: by Product
• Combine Harvester
• Forage Harvester
• Sugarcane Harvester
• Others

The global harvesting equipment market (by product) is dominated by the combine harvester segment. This is due to a wide variety of combine harvesters that can be manufactured, resulting in its higher adoption and usage in various crop types, including wheat, barley, maize, oats, rice, rye, sorghum, as well as numerous non-grain crops, including flax, rapeseed, soybeans, and sunflower globally.

Segmentation 3: by Region
• North America – U.S., Canada, and Mexico
• Europe – Germany, France, Italy, Spain, and Rest-of-Europe
• China
• U.K.
• Asia-Pacific and Japan – Japan, India, Australia and New Zealand, and Rest-of-Asia-Pacific and Japan
• South America – Brazil, Argentina, and Rest-of-South America
• Rest-of-the-World – Middle East and Africa

During 2022-2027, the Asia-Pacific and Japan region is projected to display the fastest market growth of over 7.07%. The region presents immense scope for market development, owing to changing farming practices, acute harvesting labor shortage, rising awareness of mechanized farming, and growing market penetration of favorable investments by the government.

Recent Developments in Global Harvesting Equipment Market

• In March 2022, Deere & Company updated its S-Series combine harvesters as per consumer demand. Due to this, the company creates awareness among the farmers and drives sales growth globally.
• In May 2021, Mahindra & Mahindra Ltd. established a new production plant for farm equipment in Pithampur, India. This plant produces rice transplanters, potato planters, and harvesters. The company has a strong presence in Asian markets. Due to this investment, the company would increase its harvester production in the Asian market.
• In May 2021, CNH Industrial N.V. modernized its Case IH Axial-Flow 150 series combine harvesters with power, productivity, and ease of operations. Due to this upgradation, the company would target the mechanized and precision farming segment for further business expansion.
• In August 2021, Deere & Company launched two new cotton harvesters, namely, the CP770 Cotton Picker and CS770 Stripper. Due to this, the company strongly entered in cotton harvester segment globally.
• In September 2021, CNH Industrial N.V. launched Case IH Axial-Flow 4000 combine harvester in Africa and the Middle East region. Due to this product launch, CNH Industrial N.V. entered Africa and the Middle East market.

Demand – Drivers and Limitations

Following are the demand drivers for the harvesting equipment market:

• Growing Demand for Maize Crop Product
• Rising Demand for Harvesters in Precision Farming
• Surging Harvester Use in Forage Industry

The market is expected to face some limitations too due to the following challenges:

• High Initial Investment
• Lack of Technical Knowledge in Developing Countries
• Limited Availability of After-Sales Services

How Can This Report Add Value to an Organization?

Product/Innovation Strategy: The product segment helps the reader understand the different types of harvesting equipment available for deployment in the various crop types, including wheat, maize, rice, rye, sorghum, and forage crops globally. Moreover, the study provides the reader with a detailed understanding of the different harvesting equipment by application (agriculture and fodder) and by product (combine harvester, forage harvester, sugarcane harvester, and others). Harvesting equipment-based finished products generate higher revenues when compared to the operational and raw material costs. Therefore, the harvesting equipment business is a high revenue-generating business.

Growth/Marketing Strategy: The global harvesting equipment market has seen major development by key players operating in the market, such as business expansion, partnership, collaboration, and joint ventures. The favored strategy for the companies has been new product launches, expansions, acquisitions and joint ventures, and partnerships to strengthen their position in the harvesting equipment market. For instance, in September 2021, Mahindra & Mahindra Ltd. launched Swaraj Pro Combine 7060 harvester in Telangana, India. This harvester is used for paddy crop type. Due to this new product launch, the company is targeting paddy growers and is enhancing its market share in the India harvest equipment market.

Competitive Strategy: Key players in the global harvesting equipment market are analyzed and profiled in the study. Moreover, a detailed competitive benchmarking of the players operating in the global harvesting equipment market has been done to help the reader understand how players stack against each other, presenting a clear market landscape. Additionally, comprehensive competitive strategies such as partnerships, agreements, and collaborations will aid the reader in understanding the untapped revenue pockets in the market.

Key Market Players and Competition Synopsis

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing company coverage, product portfolio, and market penetration.

As of 2021, the top segment players leading the market include harvesting equipment public companies that capture around 60% of the presence in the market. Private players in harvesting equipment industries account for approximately 40% of the presence in the market.

Some of the prominent names established in this market are:

Company Type 1: Public Companies
• AGCO Corporation
• CNH Industrial N.V.
• Deere & Company
• KUBOTA Corporation
• KUHN SAS
• Mahindra & Mahindra Ltd.
• Tractor and Farm Equipment Limited
• YTO Group
• Zoomlion Heavy Industry Science & Technology Co., Ltd.

Company Type 2: Private Companies
• Bernard Krone Holding SE & Co. KG
• CLAAS KGaA mbH
• Dewulf
• Sonalika Group
• Weichai Lovol Heavy Industry Co., Ltd
• Yanmar Co Ltd

Company Type 3: Startup Companies
• Muddy Machines Ltd
• Ripe Robotics
• Inaho Inc.
• Four Growers
• Tevel Aerobotics Technologies Ltd

Additional information

Publisher

Geography Covered

Date Published

Pages

Format

Base Year

2022

Base Market Size

$23.50 Billion in 2022

Currency

USD

Forecast Year

2027

Market Size Forecast

$30.11 Billion by 2027

CAGR

5.08%

Table of Contents

1 Markets
1.1 Industry Outlook
1.1.1 Market Definition
1.1.2 Trends: Current and Future
1.1.2.1 Growing Rental Market for Harvester Machines
1.1.2.2 Rising Mechanized Farming in Undeveloped Countries
1.1.2.3 Adoption of Agriculture 4.0
1.1.2.4 Electrification in Harvesting Equipment
1.1.3 Ongoing Programs/ Ecosystem
1.1.3.1 Consortiums and Associations
1.1.3.2 Government Initiatives and Regulatory Bodies
1.2 Business Dynamics
1.2.1 Business Drivers
1.2.1.1 Rising Demand for Harvesters in Precision Farming
1.2.1.2 Growing Demand for Maize Crop Product
1.2.1.3 Surging Harvester Use in Forage Industry
1.2.2 Business Challenges
1.2.2.1 High Initial Investment
1.2.2.2 Lack of Technical Knowledge in Developing Countries
1.2.2.3 Limited Availability of After-Sales Services
1.2.3 Market Strategies and Developments
1.2.3.1 Business Strategies
1.2.3.1.1 New Product Launches
1.2.3.1.2 Market Developments
1.2.3.2 Corporate Strategies
1.2.3.2.1 Mergers and Acquisitions
1.2.3.2.2 Partnership, Collaboration, and Joint Venture
1.2.4 Business Opportunities
1.2.4.1 Changing Agricultural Dynamic Creating an Opportunity
1.2.4.2 Increasing Government Initiatives for Harvester
1.2.4.3 Harvesting Robots
1.3 Startup Landscape
1.3.1 Key Start-Ups in the Harvesting Equipment Market
1.3.2 Funding Analysis
1.3.3 Investment and Funding Landscape Share (by Company)
1.3.4 Investment and Funding Landscape Share (by Country)
2 Application
2.1 Harvesting Equipment Market (by Application)
2.1.1 Agriculture
2.1.1.1 Maize
2.1.1.2 Wheat
2.1.1.3 Rice
2.1.1.4 Others
2.1.2 Fodder
2.2 Demand Analysis of Harvesting Equipment Market (by Application)
3 Products
3.1 Harvesting Equipment Market (by Product)
3.1.1 Combine Harvester
3.1.2 Forage Harvester
3.1.3 Sugarcane Harvester
3.1.4 Others
3.2 Demand Analysis of Harvesting Equipment Market (by Product)
3.3 Value Chain Analysis: Harvesting Equipment Market
3.4 Pricing Analysis: Harvesting Equipment Market
3.5 Patent Analysis
3.5.1 Patent Analysis (by Status)
3.5.2 Patent Analysis (by Product)
3.5.3 Patent Analysis (by Inventor Type)
3.5.4 Patents Analysis (by Patent Office)
4 Region
4.1 North America
4.1.1 Markets
4.1.1.1 Business Drivers
4.1.1.2 Business Challenges
4.1.2 Application
4.1.2.1 North America Harvesting Equipment Market (by Application), $Million, 2021-2027
4.1.3 Product
4.1.3.1 North America Harvesting Equipment Market (by Product), $Million, 2021-2027
4.1.4 North America (by Country)
4.1.4.1 U.S.
4.1.4.1.1 Market
4.1.4.1.1.1 Buyer Attributes
4.1.4.1.1.2 Key Companies Operating in the U.S.
4.1.4.1.1.3 Business Drivers
4.1.4.1.1.4 Business Challenges
4.1.4.1.2 Application
4.1.4.1.2.1 U.S. Harvesting Equipment Market (by Application), $Million, 2021-2027
4.1.4.1.3 Product
4.1.4.1.3.1 U.S. Harvesting Equipment Market (by Product), $Million, 2021-2027
4.1.4.2 Canada
4.1.4.2.1 Market
4.1.4.2.1.1 Buyer Attributes
4.1.4.2.1.2 Key Companies Operating in Canada
4.1.4.2.1.3 Business Drivers
4.1.4.2.1.4 Business Challenges
4.1.4.2.2 Application
4.1.4.2.2.1 Canada Harvesting Equipment Market (by Application), $Million, 2021-2027
4.1.4.2.3 Product
4.1.4.2.3.1 Canada Harvesting Equipment Market (by Product), $Million, 2021-2027
4.1.4.3 Mexico
4.1.4.3.1 Market
4.1.4.3.1.1 Buyer Attributes
4.1.4.3.1.2 Key Companies Operating in Mexico
4.1.4.3.1.3 Business Drivers
4.1.4.3.1.4 Business Challenges
4.1.4.3.2 Application
4.1.4.3.2.1 Mexico Harvesting Equipment Market (by Application), $Million, 2021-2027
4.1.4.3.3 Product
4.1.4.3.3.1 Mexico Harvesting Equipment Market (by Product), $Million, 2021-2027
4.2 South America
4.2.1 Markets
4.2.1.1 Business Drivers
4.2.1.2 Business Challenges
4.2.2 Application
4.2.2.1 South America Harvesting Equipment Market (by Application), $Million, 2021-2027
4.2.3 Product
4.2.3.1 South America Harvesting Equipment Market (by Product), $Million, 2021-2027
4.2.4 South America (by Country)
4.2.4.1 Brazil
4.2.4.1.1 Market
4.2.4.1.1.1 Buyer Attributes
4.2.4.1.1.2 Key Companies Operating in Brazil
4.2.4.1.1.3 Business Drivers
4.2.4.1.1.4 Business Challenges
4.2.4.1.2 Application
4.2.4.1.2.1 Brazil Harvesting Equipment Market (by Application), $Million, 2021-2027
4.2.4.1.3 Product
4.2.4.1.3.1 Brazil Harvesting Equipment Market (by Product), $Million, 2021-2027
4.2.4.2 Argentina
4.2.4.2.1 Market
4.2.4.2.1.1 Buyer Attributes
4.2.4.2.1.2 Key Companies Operating in Argentina
4.2.4.2.1.3 Business Drivers
4.2.4.2.1.4 Business Challenges
4.2.4.2.2 Application
4.2.4.2.2.1 Argentina Harvesting Equipment Market (by Application), $Million, 2021-2027
4.2.4.2.3 Product
4.2.4.2.3.1 Argentina Harvesting Equipment Market (by Product), $Million, 2021-2027
4.2.4.3 Rest-of-South America
4.2.4.3.1 Application
4.2.4.3.1.1 Rest-of-South America Harvesting Equipment Market (by Application), $Million, 2021-2027
4.2.4.3.2 Product
4.2.4.3.2.1 Rest-of-South America Harvesting Equipment Market (by Product), $Million, 2021-2027
4.3 Europe
4.3.1 Markets
4.3.1.1 Business Drivers
4.3.1.2 Business Challenges
4.3.2 Application
4.3.2.1 Europe Harvesting Equipment Market (by Application), $Million, 2021-2027
4.3.3 Product
4.3.3.1 Europe Harvesting Equipment Market (by Product), $Million, 2021-2027
4.3.4 Europe (by Country)
4.3.4.1 Germany
4.3.4.1.1 Market
4.3.4.1.1.1 Buyer Attributes
4.3.4.1.1.2 Key Operating Companies in Germany
4.3.4.1.1.3 Business Drivers
4.3.4.1.1.4 Business Challenges
4.3.4.1.2 Application
4.3.4.1.2.1 Germany Harvesting Equipment Market (by Application), $Million, 2021-2027
4.3.4.1.3 Product
4.3.4.1.3.1 Germany Harvesting Equipment Market (by Product), $Million, 2021-2027
4.3.4.2 France
4.3.4.2.1 Market
4.3.4.2.1.1 Buyer Attributes
4.3.4.2.1.2 Key Operating Companies in France
4.3.4.2.1.3 Business Drivers
4.3.4.2.1.4 Business Challenges
4.3.4.2.2 Application
4.3.4.2.2.1 France Harvesting Equipment Market (by Application), $Million, 2021-2027
4.3.4.2.3 Product
4.3.4.2.3.1 France Harvesting Equipment Market (by Product), $Million, 2021-2027
4.3.4.3 Italy
4.3.4.3.1 Market
4.3.4.3.1.1 Buyer Attributes
4.3.4.3.1.2 Key Operating Companies in Italy
4.3.4.3.1.3 Business Drivers
4.3.4.3.1.4 Business Challenges
4.3.4.3.2 Application
4.3.4.3.2.1 Italy Harvesting Equipment Market (by Application), $Million, 2021-2027
4.3.4.3.3 Product
4.3.4.3.3.1 Italy Harvesting Equipment Market (by Product), $Million, 2021-2027
4.3.4.4 Spain
4.3.4.4.1 Market
4.3.4.4.1.1 Buyer Attributes
4.3.4.4.1.2 Key Operating Companies in Spain
4.3.4.4.1.3 Business Drivers
4.3.4.4.1.4 Business Challenges
4.3.4.4.2 Application
4.3.4.4.2.1 Spain Harvesting Equipment Market (by Application), $Million, 2021-2027
4.3.4.4.3 Product
4.3.4.4.3.1 Spain Harvesting Equipment Market (by Product), $Million, 2021-2027
4.3.4.5 Rest-of-Europe
4.3.4.5.1 Application
4.3.4.5.1.1 Rest-of-Europe Harvesting Equipment Market (by Application), $Million, 2021-2027
4.3.4.5.2 Product
4.3.4.5.2.1 Rest-of-Europe Harvesting Equipment Market (by Product), $Million, 2021-2027
4.4 U.K.
4.4.1 Markets
4.4.1.1 Buyer Attributes
4.4.1.2 Key Operating Companies in the U.K.
4.4.1.3 Business Drivers
4.4.1.4 Business Challenges
4.4.2 Application
4.4.2.1 U.K. Harvesting Equipment Market (by Application), $Million, 2021-2027
4.4.3 Product
4.4.3.1 U.K. Harvesting Equipment Market (by Product), $Million, 2021-2027
4.5 China
4.5.1 Markets
4.5.1.1 Buyer Attributes
4.5.1.2 Key Operating Companies in China
4.5.1.3 Business Drivers
4.5.1.4 Business Challenges
4.5.2 Application
4.5.2.1 China Harvesting Equipment Market (by Application), $Million, 2021-2027
4.5.3 Product
4.5.3.1 China Harvesting Equipment Market (by Product), $Million, 2021-2027
4.6 Asia-Pacific and Japan
4.6.1 Markets
4.6.1.1 Business Drivers
4.6.1.2 Business Challenges
4.6.2 Application
4.6.2.1 Asia-Pacific and Japan Harvesting Equipment Market (by Application), $Million, 2021-2027
4.6.3 Product
4.6.3.1 Asia-Pacific and Japan Harvesting Equipment Market (by Product), $Million, 2021-2027
4.6.4 Asia-Pacific and Japan (by Country)
4.6.5 Country
4.6.5.1 Japan
4.6.5.1.1 Market
4.6.5.1.1.1 Buyer Attributes
4.6.5.1.1.2 Key Operating Companies in Japan
4.6.5.1.1.3 Business Drivers
4.6.5.1.1.4 Business Challenges
4.6.5.1.2 Application
4.6.5.1.2.1 Japan Harvesting Equipment Market (by Application), $Million, 2021-2027
4.6.5.1.3 Product
4.6.5.1.3.1 Japan Harvesting Equipment Market (by Product), $Million, 2021-2027
4.6.5.2 India
4.6.5.2.1 Market
4.6.5.2.1.1 Buyer Attributes
4.6.5.2.1.2 Key Operating Companies in India
4.6.5.2.1.3 Business Drivers
4.6.5.2.1.4 Business Challenges
4.6.5.2.2 Application
4.6.5.2.2.1 India Harvesting Equipment Market (by Application), $Million, 2021-2027
4.6.5.2.3 Product
4.6.5.2.3.1 India Harvesting Equipment Market (by Product), $Million, 2021-2027
4.6.5.3 Australia and New Zealand
4.6.5.3.1 Market
4.6.5.3.1.1 Buyer Attributes
4.6.5.3.1.2 Key Operating Companies in Australia and New Zealand
4.6.5.3.1.3 Business Drivers
4.6.5.3.1.4 Business Challenges
4.6.5.3.2 Application
4.6.5.3.2.1 Australia and New Zealand Harvesting Equipment Market (by Application), $Million, 2021-2027
4.6.5.3.3 Product
4.6.5.3.3.1 Australia and New Zealand Harvesting Equipment Market (by Product), $Million, 2021-2027
4.6.5.4 Rest-of-Asia-Pacific and Japan
4.6.5.4.1 Application
4.6.5.4.1.1 Rest-of-Asia-Pacific and Japan Harvesting Equipment Market (by Application), $Million, 2021-2027
4.6.5.4.2 Product
4.6.5.4.2.1 Rest-of-Asia-Pacific and Japan Harvesting Equipment Market (by Product), $Million, 2021-2027
4.7 Rest-of-the-World
4.7.1 Markets
4.7.1.1 Business Drivers
4.7.1.2 Business Challenges
4.7.2 Application
4.7.2.1 Rest-of-the-World Harvesting Equipment Market (by Application), $Million, 2021-2027
4.7.3 Product
4.7.3.1 Rest-of-the-World Harvesting Equipment Market (by Product), $Million, 2021-2027
4.7.4 Rest-of-the-World (by Country)
4.7.5 Country
4.7.5.1 Africa
4.7.5.1.1 Market
4.7.5.1.1.1 Buyer Attributes
4.7.5.1.1.2 Key Operating Companies in Africa
4.7.5.1.1.3 Business Drivers
4.7.5.1.1.4 Business Challenges
4.7.5.1.2 Application
4.7.5.1.2.1 Africa Harvesting Equipment Market (by Application), $Million, 2021-2027
4.7.5.1.3 Product
4.7.5.1.3.1 Africa Harvesting Equipment Market (by Product), $Million, 2021-2027
4.7.5.2 Middle East
4.7.5.2.1 Market
4.7.5.2.1.1 Buyer Attributes
4.7.5.2.1.2 Key Operating Companies in the Middle East
4.7.5.2.1.3 Business Drivers
4.7.5.2.1.4 Business Challenges
4.7.5.2.2 Application
4.7.5.2.2.1 Middle East Harvesting Equipment Market (by Application), $Million, 2021-2027
4.7.5.2.3 Product
4.7.5.2.3.1 Middle East Harvesting Equipment Market (by Product), $Million, 2021-2027
5 Markets – Competitive Benchmarking & Company Profiles
5.1 Competitive Benchmarking
5.2 Competitive Ranking Analysis
5.3 Company Profiles – Public Companies
5.3.1 AGCO Corporation
5.3.1.1 Company Overview
5.3.1.1.1 Role of AGCO Corporation in the Harvesting Equipment Market
5.3.1.1.2 Product Portfolio
5.3.1.2 Business Strategies
5.3.1.2.1 Market Developments
5.3.1.2.2 New Product Launches
5.3.1.3 Analyst View on AGCO Corporation
5.3.2 CNH Industrial N.V.
5.3.2.1 Company Overview
5.3.2.1.1 Role of CNH Industrial N.V. in the Harvesting Equipment Market
5.3.2.1.2 Product Portfolio
5.3.2.2 Business Strategies
5.3.2.2.1 Market Developments
5.3.2.2.2 New Product Launches
5.3.2.3 Analyst View on CNH Industrial N.V.
5.3.3 Deere & Company
5.3.3.1 Company Overview
5.3.3.1.1 Role of Deere & Company in the Harvesting Equipment Market
5.3.3.1.2 Product Portfolio
5.3.3.2 Business Strategies
5.3.3.2.1 Market Developments
5.3.3.2.2 New Product Launches
5.3.3.3 Analyst View on Deere & Company
5.3.4 KUBOTA Corporation
5.3.4.1 Company Overview
5.3.4.1.1 Role of KUBOTA Corporation in the Harvesting Equipment Market
5.3.4.1.2 Product Portfolio
5.3.4.2 Business Strategies
5.3.4.2.1 New Product Launches
5.3.4.3 Corporate Strategies
5.3.4.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.4.3.2 Mergers and Acquisitions
5.3.4.4 Analyst View on KUBOTA Corporation
5.3.5 KUHN SAS
5.3.5.1 Company Overview
5.3.5.1.1 Role of KUHN SAS in the Harvesting Equipment Market
5.3.5.1.2 Product Portfolio
5.3.5.2 Business Strategies
5.3.5.2.1 New Product Launches
5.3.5.3 Corporate Strategies
5.3.5.3.1 Mergers and Acquisitions
5.3.5.4 Analyst View on KUHN SAS
5.3.6 Mahindra & Mahindra Ltd
5.3.6.1 Company Overview
5.3.6.1.1 Role of Mahindra & Mahindra Ltd in the Harvesting Equipment Market
5.3.6.1.2 Product Portfolio
5.3.6.2 Business Strategies
5.3.6.2.1 Market Developments
5.3.6.2.2 New Product Launches
5.3.6.3 Corporate Strategies
5.3.6.3.1 Mergers and Acquisitions
5.3.6.4 Analyst View on Mahindra & Mahindra Ltd
5.3.7 Tractor and Farm Equipment Limited
5.3.7.1 Company Overview
5.3.7.1.1 Role of Tractor and Farm Equipment Limited in the Harvesting Equipment Market
5.3.7.1.2 Product Portfolio
5.3.7.2 Business Strategies
5.3.7.2.1 New Product Launches
5.3.7.3 Corporate Strategies
5.3.7.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.7.3.2 Mergers and Acquisitions
5.3.7.4 Analyst View on Tractors and Farm Equipment Limited
5.3.8 YTO Group
5.3.8.1 Company Overview
5.3.8.1.1 Role of YTO Group in the Harvesting Equipment Market
5.3.8.1.2 Product Portfolio
5.3.8.2 Business Strategies
5.3.8.2.1 New Product Launches
5.3.8.3 Corporate Strategies
5.3.8.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.3.8.4 Analyst View on YTO Group
5.3.9 Zoomlion Heavy Industry Science & Technology Co., Ltd.
5.3.9.1 Company Overview
5.3.9.1.1 Role of Zoomlion Heavy Industry Science & Technology Co., Ltd. in the Harvesting Equipment Market
5.3.9.1.2 Product Portfolio
5.3.9.2 Analyst View on Zoomlion Heavy Industry Science & Technology Co., Ltd.
5.4 Company Profiles – Private Companies
5.4.1 Bernard Krone Holding SE & Co. KG
5.4.1.1 Company Overview
5.4.1.1.1 Role of Bernard Krone Holding SE & Co. KG in the Harvesting Equipment Market
5.4.1.1.2 Product Portfolio
5.4.1.2 Business Strategies
5.4.1.2.1 Market Developments
5.4.1.2.2 New Product Launches
5.4.1.3 Analyst View on Bernard Krone Holding SE & Co. KG
5.4.2 CLAAS KGaA mbH
5.4.2.1 Company Overview
5.4.2.1.1 Role of CLAAS KGaA mbH in the Harvesting Equipment Market
5.4.2.1.2 Product Portfolio
5.4.2.2 Business Strategies
5.4.2.2.1 Market Developments
5.4.2.3 Analyst View on CLAAS KGaA mbH
5.4.3 Dewulf
5.4.3.1 Company Overview
5.4.3.1.1 Role of Dewulf in the Harvesting Equipment Market
5.4.3.1.2 Product Portfolio
5.4.3.2 Business Strategies
5.4.3.2.1 Market Developments
5.4.3.3 Analyst View on Dewulf
5.4.4 Sonalika Group
5.4.4.1 Company Overview
5.4.4.1.1 Role of Sonalika Group in the Harvesting Equipment Market
5.4.4.1.2 Product Portfolio
5.4.4.2 Business Strategies
5.4.4.2.1 New Product Launches
5.4.4.3 Corporate Strategies
5.4.4.3.1 Partnerships, Joint Ventures, Collaborations, and Alliances
5.4.4.4 Analyst View on Sonalika Group
5.4.5 Weichai Lovol Heavy Industry Co., Ltd
5.4.5.1 Company Overview
5.4.5.1.1 Role of Weichai Lovol Heavy Industry Co., Ltd in the Harvesting Equipment Market
5.4.5.1.2 Product Portfolio
5.4.5.2 Analyst View on Weichai Lovol Heavy Industry Co., Ltd
5.4.6 Yanmar Co Ltd
5.4.6.1 Company Overview
5.4.6.1.1 Role of Yanmar Co Ltd in the Harvesting Equipment Market
5.4.6.1.2 Product Portfolio
5.4.6.2 Business Strategies
5.4.6.2.1 New Product Launches
5.4.6.3 Corporate Strategies
5.4.6.3.1 Mergers and Acquisitions
5.4.6.4 Analyst View on Yanmar Co Ltd
5.5 Company Profiles – Startup Companies
5.5.1 Muddy Machines Ltd
5.5.1.1 Company Overview
5.5.1.1.1 Role of Muddy Machines Ltd in the Harvesting Equipment Market
5.5.1.1.2 Key Partners
5.5.1.2 Business Strategies
5.5.1.2.1 New Product Launches
5.5.1.3 Funding and Grants
5.5.1.4 Analyst View on Muddy Machines Ltd
5.5.2 Ripe Robotics
5.5.2.1 Company Overview
5.5.2.1.1 Role of Ripe Robotics in the Harvesting Equipment Market
5.5.2.1.2 Product Portfolio
5.5.2.1.3 Key Partners
5.5.2.2 Business Strategies
5.5.2.2.1 New Product Launches
5.5.2.3 Funding and Grants
5.5.2.4 Analyst View on Ripe Robotics
5.5.3 Inaho Inc.
5.5.3.1 Company Overview
5.5.3.1.1 Role of Inaho Inc. in the Harvesting Equipment Market
5.5.3.1.2 Product Portfolio
5.5.3.1.3 Key Partners
5.5.3.2 Business Strategies
5.5.3.2.1 New Product Launches
5.5.3.2.2 Market Investment
5.5.3.3 Analyst View on Inaho Inc.
5.5.4 Four Growers
5.5.4.1 Company Overview
5.5.4.1.1 Role of Four Growers in the Harvesting Equipment Market
5.5.4.1.2 Key Partners
5.5.4.2 Analyst View on Four Growers
5.5.5 Tevel Aerobotics Technologies Ltd
5.5.5.1 Company Overview
5.5.5.1.1 Role of Tevel Aerobotics Technologies Ltd in the Harvesting Equipment Market
5.5.5.1.2 Product Portfolio
5.5.5.1.3 Key Partners
5.5.5.2 Funding and Grants
5.5.5.3 Analyst View on Tevel Aerobotics Technologies Ltd
6 Research Methodology
List of Figures
Figure 1: Microeconomic Indicators Impacting Harvesting Equipment Market
Figure 2: Harvesting Equipment Market Dynamics
Figure 3: Harvesting Equipment Market, $Billion, 2021-2027
Figure 4: Harvesting Equipment Market (by Application), $Billion, 2021, 2022, and 2027
Figure 5: Harvesting Equipment Market (by Product), $Billion, 2021, 2022, and 2027
Figure 6: Harvesting Equipment Market (by Region), $Million, 2027
Figure 7: Harvesting Equipment Market (by Country), 2021, $Billion
Figure 8: Harvesting Equipment Market Coverage
Figure 9: Harvesting Equipment Current and Future Trends
Figure 10: Share of Key Market Strategies and Developments, 2018-2021
Figure 11: New Product Launches (by Company), 2018-2021
Figure 12: Market Developments (by Company), 2018-2021
Figure 13: Mergers and Acquisitions (by Company), 2018-2021
Figure 14: Partnership, Collaboration, and Joint Venture (by Company), 2018-2021
Figure 15: Harvesting Equipment Market: Investment and Funding, $Million, 2019-2022
Figure 16: Investment and Funding Landscape Share (by Company), $Million, 2019-2022
Figure 17: Investment and Funding Landscape Share (by Country), $Million, 2018-2022
Figure 18: Harvesting Equipment Market (by Application)
Figure 19: Harvesting Equipment Market (by Application), 2021
Figure 20: Harvesting Equipment Market (by Product)
Figure 21: Harvesting Equipment Market (by Product), 2021
Figure 22: Value Chain Analysis: Harvesting Equipment Market
Figure 23: Harvesting Equipment Patent Trend, January 2019-May 2022
Figure 24: Patent Analysis (by Status), January 2019-May 2022
Figure 25: Patent Analysis (by Product), January 2019-May 2022
Figure 26: Patent Analysis (by Inventor Type), January 2019-May 2022
Figure 27: Patents Analysis (by Patent Office), January 2019-May 2022
Figure 28: Competitive Market High and Low Matrix
Figure 29: Data Triangulation
Figure 30: Top-Down and Bottom-Up Approach
List of Tables
Table 1: Key Consortiums and Associations in the Harvesting Equipment Market
Table 2: Harvesting Equipment Regulatory Bodies in Some Major Countries
Table 3: Top Maize Producing Countries, 2017-2020, Tonnes
Table 4: Export of Forage Products, $Million, 2017 and 2020
Table 5: Prices of Harvesting Equipment, 2022, $
Table 6: Key After-Sales Services for Harvesting Equipment
Table 7: Key Investments in Harvesting Equipment Ecosystem, 2017-2022
Table 8: Global Wheat Production, 2017 and 2020, Tonnes
Table 9: Global Rice Production, 2020, Million Tonnes
Table 10: Harvesting Equipment Market (by Application), $Billion, 2021-2027
Table 11: Harvesting Equipment Market (by Application), Units, 2021-2027
Table 12: Sugarcane Production by Key Countries in 2021 (Million Metric Tones)
Table 13: Europe Wine Production by Key Countries, Million Hectoliters (Mhl), 2016-2018
Table 14: Harvesting Equipment Market (by Product), $Billion, 2021-2027
Table 15: Harvesting Equipment Market (by Product), Units, 2021-2027
Table 16: Pricing Analysis: Harvesting Equipment Market
Table 17: Harvesting Equipment Market (by Region), $Million, 2021-2027
Table 18: Harvesting Equipment Market (by Region), Units, 2021-2027
Table 19: North America Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 20: North America Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 21: North America Harvesting Equipment Market (by Country), $Million, 2021-2027
Table 22: U.S. Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 23: U.S. Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 24: Canada Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 25: Canada Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 26: Mexico Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 27: Mexico Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 28: South America Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 29: South America Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 30: South America Harvesting Equipment Market (by Country), $Million, 2021-2027
Table 31: Brazil Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 32: Brazil Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 33: Argentina Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 34: Argentina Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 35: Rest-of-South America Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 36: Rest-of-South America Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 37: Europe Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 38: Europe Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 39: Europe Harvesting Equipment Market (by Country), $Million, 2021-2027
Table 40: Germany Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 41: Germany Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 42: France Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 43: France Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 44: Italy Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 45: Italy Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 46: Spain Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 47: Spain Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 48: Rest-of-Europe Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 49: Rest-of-Europe Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 50: U.K. Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 51: U.K. Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 52: China Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 53: China Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 54: Asia-Pacific and Japan Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 55: Asia-Pacific and Japan Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 56: Asia-Pacific and Japan Harvesting Equipment Market (by Country), $Million, 2021-2027
Table 57: Japan Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 58: Japan Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 59: India Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 60: India Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 61: Australia and New Zealand Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 62: Australia and New Zealand Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 63: Rest-of-Asia-Pacific and Japan Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 64: Rest-of-Asia-Pacific and Japan Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 65: Rest-of-the-World Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 66: Rest-of-the-World Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 67: Rest-of-the-World Harvesting Equipment Market (by Country), $Million, 2021-2027
Table 68: Africa Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 69: Africa Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 70: Middle East Harvesting Equipment Market (by Application), $Million, 2021-2027
Table 71: Middle East Harvesting Equipment Market (by Product), $Million, 2021-2027
Table 72: Benchmarking and Weightage Parameters
Table 73: Harvesting Equipment Players and Benchmarking Score
Table 74: AGCO Corporation: Product Portfolio
Table 75: AGCO Corporation: Market Developments
Table 76: AGCO Corporation: New Product Launches
Table 77: CNH Industrial N.V.: Product Portfolio
Table 78: CNH Industrial N.V.: Market Developments
Table 79: CNH Industrial N.V.: New Product Launches
Table 80: Deere & Company: Product Portfolio
Table 81: Deere & Company: Market Developments
Table 82: Deere & Company: New Product Launches
Table 83: KUBOTA Corporation: Product Portfolio
Table 84: KUBOTA Corporation: New Product Launches
Table 85: KUBOTA Corporation: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 86: KUBOTA Corporation: Mergers and Acquisitions
Table 87: KUHN SAS: Product Portfolio
Table 88: KUHN SAS: New Product Launches
Table 89: KUHN SAS: Mergers and Acquisitions
Table 90: Mahindra & Mahindra Ltd: Product Portfolio
Table 91: Mahindra & Mahindra Ltd: Market Developments
Table 92: Mahindra & Mahindra Ltd: New Product Launches
Table 93: Mahindra & Mahindra Ltd: Mergers and Acquisition
Table 94: Tractor and Farm Equipment Limited: Product Portfolio
Table 95: Tractor and Farm Equipment Limited: New Product Launches
Table 96: Tractor and Farm Equipment Limited: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 97: Tractor and Farm Equipment Limited: Mergers and Acquisitions
Table 98: YTO Group: Product Portfolio
Table 99: YTO Group: New Product Launches
Table 100: YTO Group: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 101: Zoomlion Heavy Industry Science & Technology Co., Ltd.: Product Portfolio
Table 102: Bernard Krone Holding SE & Co. KG: Product Portfolio
Table 103: Bernard Krone Holding SE & Co. KG: Market Developments
Table 104: Bernard Krone Holding SE & Co. KG: New Product Launches
Table 105: CLAAS KGaA mbH: Product Portfolio
Table 106: CLAAS KGaA mbH: Market Development
Table 107: Dewulf: Product Portfolio
Table 108: Dewulf: Market Developments
Table 109: Sonalika Group: Product Portfolio
Table 110: Sonalika Group: New Product Launches
Table 111: Sonalika Group: Partnerships, Joint Ventures, Collaborations, and Alliances
Table 112: Weichai Lovol Heavy Industry Co., Ltd: Product Portfolio
Table 113: Yanmar Co Ltd: Product Portfolio
Table 114: Yanmar Co Ltd: New Product Launches
Table 115: Yanmar Co Ltd: Mergers and Acquisitions
Table 116: Muddy Machines Ltd: Product Portfolio
Table 117: Muddy Machines Ltd: Key Partners
Table 118: Muddy Machines Ltd: New Product Launches
Table 119: Muddy Machines Ltd: Funding and Grants
Table 120: Ripe Robotics: Product Portfolio
Table 121: Ripe Robotics: Key Partners
Table 122: Ripe Robotics: New Product Launches
Table 123: Ripe Robotics: Funding and Grants
Table 124: Inaho Inc.: Product Portfolio
Table 125: Inaho Inc.: Key Partners
Table 126: Inaho Inc.: New Product Launches
Table 127: Inaho Inc.: Market Investment
Table 128: Four Growers: Product Portfolio
Table 129: Four Growers: Key Partners
Table 130: Tevel Aerobotics Technologies Ltd: Product Portfolio
Table 131: Tevel Aerobotics Technologies Ltd: Key Partners
Table 132: Tevel Aerobotics Technologies Ltd: Funding and Grants

Companies Mentioned

AGCO Corporation
CNH Industrial N.V.
Deere & Company
KUBOTA Corporation
KUHN SAS
Mahindra & Mahindra Ltd.
Tractor and Farm Equipment Limited
YTO Group
Zoomlion Heavy Industry Science & Technology Co., Ltd.
Bernard Krone Holding SE & Co. KG
CLAAS KGaA mbH
Dewulf
Sonalika Group
Weichai Lovol Heavy Industry Co., Ltd
Yanmar Co Ltd
Muddy Machines Ltd
Ripe Robotics
Inaho Inc.
Four Growers
Tevel Aerobotics Technologies Ltd

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