Combines Global Market Trends And Strategies Of Major Players In The Combines Global Market 2021-2030
2 Sep, 2021
The combines (i.e., harvester-threshers) market consists of sales of combines (i.e., harvester-threshers) by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing combine harvesters which are versatile machines designed to efficiently harvest a variety of grain crops. Only goods and services traded between entities or sold to end consumers are included.
Global Combines Global Market Size And Drivers:
The global combines market size is expected to grow from $22.09 billion in 2020 to $24.44 billion in 2021 at a compound annual growth rate (CAGR) of 10.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $35.89 billion in 2025 at a CAGR of 10.1%. The shift from manual activities in the farm to the mechanization of farms contributed to the growth of the combine harvesters market.
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Trends In The Global Combines Global Market
Technological advancements in farm machineries such as the involvement of telematics in agricultural equipment likely to be an emerging trend in the combines market.
Global Combines Global Market Segments:
The global combines global market is further segmented –
By Product Type: Self-Propelled, Tractor-Pulled, PTO Powered
By Type Of Movement: Crawler Type, Wheel Type
By Power: Below 150 HP, 150-300 HP, 300-450 HP, 450-550 HP, Above 550 HP
By Geography: The global combines global market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Read More On The Report For The Global Combines Global Market At:https://www.thebusinessresearchcompany.com/report/combines-global-market-report
Combines Global Market Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides combines global market overviews, analyzes and forecasts market size and growth for the global combines global market, combines global market share, combines global market players, combines global market segments and geographies, combines global market market’s leading competitors’ revenues, profiles and market shares. The combines global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.