New Release | Combine Harvester Market Share in the Us 2015-2019

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Date Submitted: 03/03/2015 03:53 AM

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Combine Harvester Market Definition and Scope of the Report:

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.

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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...