ResearchMoz added Latest Research Report titled " Combine Harvester Market in the US 2015-2019: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWIRE) -- 12/13/2016 -- Combines (combine harvesters) integrate processes such as reaping, threshing, and winnowing of grains. This process is carried out through the use of a header, thresher, separator, and winnower. The header placed at the front of the harvester gathers the grains. Subsequently, the grain is sent to a threshing drum and segregated from the stalks. A tank collects all the grains that fall through the sieves and an unloader empties the tank. The three types of combines include: tractor-pulled, PTO-powered and self-propelled combine harvesters.
The Combine Harvester market in the US is forecast to grow at a CAGR of around four percent and close to one percent in terms of revenue and unit shipment, respectively, during 2014-2019. Rapid mechanization in the past two decades has immensely benefited the Agriculture industry in the US. Farmers have started to upgrade their tools and machinery to keep pace with the growing demand for agricultural products in the country.
Factors Driving the Market:
The demand for agricultural goods, domestically and worldwide, has increased in the US because of the rise in global population and an increase in per capita consumption. The demand for larger farms has also increased. These factors play a critical role in propelling the market growth of the Combine Harvester market in the US during the forecast period.
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Challenges of the Combine Harvester Market in US:
However, a couple of factors are likely to hinder the market growth considerably. These include a reduction in the number of farms, deterioration in exports, and a lower degree of government support, and increasing prices of raw materials.
Trends in the Combine Harvester Market in US:
The use of high power machines is a trend that will gain more traction during the forecast period. Key vendors of the Combine Harvester market will introduce machines that offer better performance and efficiency in agricultural processes. In addition, companies in the US are expected to manufacture Combines with high capacities. These factors would gain increased traction in the coming years and are expected to boost overall market growth in the US.
Top Companies of the Combine Harvester Market in the US:
This research report provides an in-depth profile of each of the top providers in the Combine Harvester market in the US, including:
- Deere & Co.
- AGCO Corp.
- CNH Industrial Capital LLC
Other Prominent Vendors of this Market include:
- Pickett Equipment
Other Sections include an Analysis on the following:
- Top three Drivers and its Impact on the Combine Harvester Market in the US
- Top three Challenges and its Impact on the Combine Harvester Market in the US
- Top three Trends and its Impact on the Combine Harvester Market in the US
- Five Forces Analysis of Combine Harvester Market in the US
- SWOT Analysis of Key Vendors of Combine Harvester Market in the US
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Key Questions Answered in this Report:
- What will the market size be in 2019 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?
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