Boston, MA -- (SBWIRE) -- 07/12/2016 -- The market is driven by a number of factors, with the shrinking labor force being one of the most important triggers. As a result of the shrinking labor force, farmers have to bear the significant business loss, especially at the time of harvesting and are investing in harvesters, which allow for highly efficient farming. An increase in government support and improved features in agricultural harvesters will also help the market grow over the next five years.

Technavio's analysts forecast the global agricultural harvester market to grow at a CAGR of 7.33% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global agricultural harvester market for 2016-2020. To calculate the market size, we have considered the total units (volume) of new harvesters sold across the globe in 2015. In addition, we have also covered the market size in terms of revenue.

Get More Details on this Report and a Full Table of Contents at Global Agricultural Harvester Market 2016-2020

The market is divided into the following segments based on geography:

-Asia-Pacific (APAC)
-Europe
-North America
-Rest of the world (ROW)

Technavio's report, Global Agricultural Harvester Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-AGCO Corp.
-Bernard Krone
-CLAAS
-CNH Industrial
-Deere & Co.

Other prominent vendors

-Alois Pottinger Maschinenfabrik Ges.m.b.H.
-Dewulf
-Foton Lovol International Heavy Industry
-Kubota
-Kuhn Group
-Lely Group
-Ploeger Agro
-Preet Agro Industries
-SAME Deutz-Fahr
-Sampo Rosenlew

Market driver

-Shrinking labor force
-For a full, detailed list, view our report

Market challenge

-Growing market for rented or pre-owned harvesters
-For a full, detailed list, view our report

Market trend

-Rising preference for machines with high capacity and power
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: AGCO Corp., Bernard Krone, CLAAS, CNH Industrial, Deere & Co, Alois Pottinger Maschinenfabrik Ges.m.b.H, Dewulf, Foton Lovol International Heavy Industry, Kubota, Kuhn Group, Lely Group, Ploeger Agro, Preet Agro Industries, SAME Deutz-Fahr, Sampo Rosenlew

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