- Combine harvester
- Forage Harvester
Asia Pacific Agricultural Harvesting Machinery Market size valued USD 10.08 billion in 2020 and expected to reach USD 16.2 billion by 2027, at a CAGR of 7.8% during the forecast period 2021-2027. Tractors, harvesters, ploughs, and cultivators are examples of agricultural harvesting machinery used to assist in various farming chores. Agriculture equipment aids in attaining a high crop yield in a relatively short amount of time with minimal effort. Furthermore, the use of automatic and semiautomatic agriculture equipment decreases the need for human work on farms, lowering the expenses associated with labour. This enhances crop productivity even further by eliminating downtimes and allowing for more precise operations.
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Base Year
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Largest Market
Fastest Growing Market
Asia Pacific Agricultural Harvesting Machinery Market is expected to expand at notable growth rate due to government support and subsidies for agricultural harvesting machinery. Furthermore, rise in technological advancements in agriculture equipment, increase in demand for pre-owned harvesters, growing preference for machines with high capacity and power expected to propel the market growth for agricultural harvesting machinery. However, lack of skilled professional, high cost of machinery will hamper the agricultural harvesting machinery market.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.