Transparency Market Research in its new report titled, “Combine Harvester Machinery Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2026,” provides key insights on the combine harvester machinery market. The new report anticipates that the rise in the promotion and support of increasing mechanization of small-scale farms from central and regional governments will drive the combine harvester machinery market during the forecast period i.e, 2018-2026. Governments of various countries emphasize on providing subsidies to farmers who buy agricultural machinery. This is anticipated to boost the market for combine harvester machinery during the forecast period, says the report.
Currently, the major issue concerning formers is unavailability of farm labor. However, with the usage of combine harvester machinery, this issue can be overcome, thereby boosting the market growth during the forecast period. Increase in demand and production of off-road vehicles is anticipated to augment the combine harvester machinery market during the forecast period. Moreover, a rise in automation in various industries such as agriculture has increased the usage of off-road vehicles in this sector, as per the report. The TMR report has segregated the combine harvester machinery market based on fuel type, product type, engine capacity, application, and geography. The combine harvester machinery mainly employs two kinds of fuel: petrol and diesel. In terms of fuel type, the report has split the combine harvester machinery market into petrol engine and diesel engine. Both kinds of fuel are used in IC (Internal Combustion) engines to generate mechanical energy.
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In accordance with type, the combine harvester machinery market is categorized into self-propelled and other two segments. Combine harvester machinery has applications in various functions of agriculture such as reaping and threshing. The time and money required for these function can be reduced by utilizing the combine harvester machinery. On the basis of capacity, the combine harvester machinery market is split into less than 5L, 5L to 10L, and more than 10L. Capacity is measured by the volume of engine bore, in which the combustion of fuel takes place. Heavy-duty vehicles possess higher capacity engines for improved performance of the vehicle.
From a regional perspective, the combine harvester machinery market for automotive is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these, Asia Pacific dominates the global combine harvester machinery market for automotive. The automotive industry in regions such as Europe, North America accounts for a significant share of the economies in these regions. This leads to the considerable adoption of combine harvester machinery, as most vehicles manufactured in these regions are equipped with combine harvester machinery, especially in countries such as India and China. FDI has further encouraged agricultural activities owing to the usage of automation in these countries, thereby creating a need for efficient agricultural machinery such as combine harvesters.
Major players operating in the global combine harvester machinery market are profiled in this report to give a better competitive analysis and these include Claas Kgaa Mbh, Mahindra & Mahindra Ltd., Cnh Industrial N.V, Deere & Company, Iseki & Co., Ltd., Kubota Corporation, and J C Bamford Excavators Ltd.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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