In this study, 2020 has been considered as the base year and 2021 to 2025 as the forecast period to estimate the market size for Combine Harvester. Global Combine Harvester market size will increase to 15700 Million USD by 2025, from 10200 Million USD in 2020, at a CAGR of 5.6% during the forecast period. Chinese manufacturers have successfully developed some advanced products, and due to policy the domestic manufacturers will have an optimistic future comparing to the international manufactures.Ĭombine harvester industry is very important for agriculture, although it has declined in the past several years due to overcapacity, the demand will recovery slowly in the next 5 years. Kubota and Lovol are leading manufacturers by volume with over 25% market share by volume.Įmerging countries will be more attention to their control of important industries, and therefore will develop related industries to replace existing products. Market concentration is not high, European and American companies have advanced technology, and some manufacturers have production bases all over the world, this helps reduce their costs and improve competitiveness.
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