Combine Harvester Market in China 2015-2019
About combine harvesters
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 grains are transferred into a threshing drum and segregated from the stalks. A grain tank gathers all the grains that fall through the sieves and an unloader empties the tank. There are three types of combines: tractor-pulled, PTO-powered, and self-propelled. Self-propelled harvesters are the most used ones compared with the other types; they work on a diesel engine. Modern combines have enhanced the speed, volume, and efficiency of harvesting; the combines are designed and configured to suit the varied needs of end-users.
Technavio's analysts forecast the combine harvester market in China to grow at a CAGR of 12.14% and 8.03% in terms of revenue and unit shipments, respectively, during 2014-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the combine harvester market in China for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sale of single crop machines, grain harvesters, and others.
Technavio's report, Combine Harvester Market in China 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Combine Harvester Market in China 2015-2019
Technavio recognizes the following companies as the key players in the combine harvester market in China: CNH Industrial, Deere and Foton Lovol
Other Prominent Vendors in the market are: CLAAS, Jiangsu World Agricultural Machinery, Jiangsu Yucheng Dynamics Group, Kubota, Liulin Agricultural Machinery, ShanDong DaFeng Machinery, YTO and ZhongJi Southern Machinery
Commenting on the report, an analyst from Technavio’s team said: “Machine rental services are increasing in popularity among smallholders. As low financial ability and land fragmentation hinder the buying of combine harvesters, Chinese smallholders are looking toward machine rental services to gain access to machines and enhance productivity without having to wholly own the equipment. As this equipment is used for only short periods of time, renting is a more feasible option. This trend is especially common in larger equipment models, and will provide better access and generate greater awareness about the advantages of these machines, and stimulate demand among farmers.”
According to the report, favorable government policies have paved way for the mechanization of agricultural practices in China at both the central and state levels. To ensure food security, the Chinese government has implemented policies to stimulate demand and productivity.
Further, the report states that farmers in China are largely smallholders who do not make enough to invest in combine harvesters, which are among the more expensive agricultural machinery.
CNH Industrial, Deere, Foton Lovol, CLAAS, Jiangsu World Agricultural Machinery, Jiangsu Yucheng Dynamics Group, Kubota, Liulin Agricultural Machinery, ShanDong DaFeng Machinery, YTO, ZhongJi Southern Machinery
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