The Combine Harvester Manufacturing industry benefited from the improving economy over the past five years; however, the agricultural price index is set to decrease in 2015. As a result, the price of crops, such as corn, will also decline, causing the sale of agricultural machinery in the United States to drop. In the five years to 2020, rising interest rates and depressed corn and soybean prices may continue to constrain demand for industry products. Nonetheless, improving economic conditions will drive demand for agricultural products both domestically and abroad, raising demand for agricultural machinery.
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.