Harvester Market Size Analysis and Top Companies
The global harvester market size is estimated to hit around USD 74.59 billion by 2033, increasing from USD 36.09 billion in 2023 with a CAGR of 7.53% from 2023 to 2033. The top companies operating in the harvester market are AGCO Corporation, CLAAS KGaA mbH, CNH Industrial N.V., Dasmesh Group, Deere & Company, KUBOTA Corporation, Linttas Electric Company., Mahindra&Mahindra Ltd., SDF, Caterpillar Inc., and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size by 2033 |
USD 75.59 Billion |
| Market Size in 2023 |
USD 36.09 Billion |
| Market Growth Rate from 2024 to 2034 |
CAGR of 7.53% |
| Largest Market |
Asia Pacific |
| Base Year |
2023 |
| Forecast Period |
2023 to 2033 |
| Segments Covered |
Type, Automation Level, Propulsion Type, and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa |
Harvester Key Players
- AGCO Corporation
- CLAAS KGaA mbH
- CNH Industrial N.V.
- Dasmesh Group
- Deere & Company
- KUBOTA Corporation
- Linttas Electric Company.
- Mahindra&Mahindra Ltd.
- SDF
- Caterpillar Inc.
Recent Developments
- In January 2024, CNH Industrial N.V. invested about USD 167 million (EUR 150 million) in the expansion of the manufacturing plant and research and development for the New Holland Harvesting Center of Excellence in Belgium. As part of the investment, the company was able to rearrange the assembly line and logistics area for better production of CR11.
- In November 2023, Dewulf launched a redesigned 4-row harvester. Dewulf is redesigning its 4-row sieving harvester three years after its initial introduction to boost production capacity and power output.
- In December 2023, Swaraj Tractors of Mahindra & Mahindra Ltd. launched the Swaraj 8200 Wheel Harvester. Its intelligent system consisted of live location, fuel usage, distance logged, and acres of field it harvested.
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