
Report ID: SQMIG30E2069
Skyquest Technology's expert advisors have carried out comprehensive research and identified these companies as industry leaders in the Harvester Market. This Analysis is based on comprehensive primary and secondary research on the corporate strategies, financial and operational performance, product portfolio, market share and brand analysis of all the leading Harvester industry players.
The global harvester industry is highly competitive, with key players focusing on technological advancements, automation, and sustainability to strengthen their market positions. Leading manufacturers are investing in precision farming technologies, AI-powered automation, and fuel-efficient machinery to improve operational efficiency and reduce environmental impact. Additionally, companies are expanding their dealer networks, enhancing aftermarket services, and engaging in strategic mergers and acquisitions to increase their market presence.
REQUEST FOR SAMPLE
Global Harvester Market size was valued at USD 36.00 Billion in 2023 and is poised to grow from USD 38.70 Billion in 2024 to USD 69.02 Billion by 2032, growing at a CAGR of 7.5% in the forecast period (2025-2032).
The global harvester industry is highly competitive, with key players focusing on technological advancements, automation, and sustainability to strengthen their market positions. Leading manufacturers are investing in precision farming technologies, AI-powered automation, and fuel-efficient machinery to improve operational efficiency and reduce environmental impact. Additionally, companies are expanding their dealer networks, enhancing aftermarket services, and engaging in strategic mergers and acquisitions to increase their market presence. 'Deere & Company', 'Kubota Corporation', 'Mahindra & Mahindra Limited', 'CLAAS KGaA mbH', 'KS Group', 'Yanmar Co., Ltd.', 'Preet Group', 'SDF S.p.A.', 'Hind Agro Industries', 'Tractors and Farm Equipment Limited', 'Kartar Agro Industries Private Limited', 'Iseki & Co., Ltd.', 'Sampo Rosenlew Ltd.'
Cereals are an integral part of Indian cuisine, and the country is one of the largest producers and consumers of cereals and grains. The area harvested from cereals and grains is increasing in the country. The rising population, coupled with changing dietary habits and increasing disposable incomes, has led to higher demand for processed and packaged grain-based products. Additionally, government initiatives such as the Public Distribution System (PDS) and Minimum Support Price (MSP) programs ensure steady production and availability of grains across the country.
Increasing Area Under Grain Crops: Cereals form an integral part of Indian cuisine, making the country one of the largest producers and consumers of cereals and grains globally. The increasing consumption of cereal crops reflects the growing need for cultivation, driving the demand for efficient grain harvesters' solutions. Additionally, favorable Minimum Support Price (MSP) policies, improved irrigation facilities, and the adoption of advanced agricultural technologies are supporting higher production levels.
Asia Pacific dominated the market and accounted for a revenue share of over 40.0% in 2024. The regional market growth is driven by the increasing mechanization of agriculture in emerging economies such as India and China. With the rapid adoption of advanced harvesting equipment, the region is transitioning from traditional manual labour to mechanized farming practices. The demand for multi-crop harvesters has surged, particularly in countries like India, where diverse cropping patterns require versatile machinery. Technological advancements, such as GPS-enabled harvesters and precision farming techniques, are further fuelling market growth in the region. With continued investments in smart agriculture and automation, the Asia Pacific harvester market is expected to maintain its leading position in the coming years.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
Report ID: SQMIG30E2069
[email protected]
USA +1 351-333-4748