Combine Harvester Manufacturing
The Combine Harvester Manufacturing industry, which produces combines used for most farming operations but does not include hay and straw combine harvesters, has been challenged by weak agricultural prices. In addition, the industry has contended with declining farm incomes and volatile global supply and demand conditions. These negative trends have served to undercut industry revenue growth over the five years to 2017. Over the next five years, industry revenue is expected to increase marginally. Nevertheless, the industry is still expected to struggle with rising interest rates and weak demand. However, as the agricultural price index is expected to slightly increase, it will serve to support demand for industry products.
This industry manufactures combine harvesters. Combines, also known as threshers, combine the tasks of harvesting, threshing and cleaning grain crops. They are primarily used in the harvesting of field crops, but also small fruits and other food crops. This industry excludes hay and straw combine harvesters.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.