This Combines market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.
The combines market size has grown strongly in recent years. It will grow from $27.3 billion in 2024 to $28.71 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to agricultural mechanization, crop diversification, farm consolidation, technological advancements, crop yields.
The combines market size is expected to see strong growth in the next few years. It will grow to $35.28 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to sustainable agriculture, climate change resilience, precision agriculture, digital agriculture. Major trends in the forecast period include mechanization and automation, precision agriculture, integration of data management, environmental sustainability.
The transition from manual labor on farms to the mechanization of agricultural processes has significantly contributed to the growth of the combines market. Combines are farm machinery designed to cut and thresh grains, reducing the need for manual labor. In many developed countries worldwide, farm activities are increasingly reliant on the use of such machinery. For instance, in September 2022, an article by Gilbert Ayine Akolgo in Ghana revealed that the availability of tractor power had risen to 0.0588 kW/ha in 2020 and is projected to increase to 0.0752 kW/ha by 2025. This shift towards mechanization has proven to be more cost-effective, with mechanized processes being 21.3% to 53.8% cheaper than manual ones. As a result, the transition from manual labor to farm mechanization is a driving force behind the growth of the combines market in the forecast period.
The growing demand for crop production is expected to be a key factor driving the combines market in the coming years. Crop production is fueled by the increasing need to cultivate and harvest crops to meet the rising global food demands. Combines are essential machines in crop production, playing a critical role in modern agriculture by efficiently harvesting and processing crops, which leads to higher yields and improved farming practices. For example, in January 2024, the United States Department of Agriculture, a US-based federal agency responsible for agricultural policies, reported that rice production in 2023 reached 218 million cwt, a 36% increase compared to 2022. The planted area for 2023 was estimated at 2.89 million acres, reflecting a 30% growth from the previous year. This highlights the importance of combines in meeting the growing demand for crop production and, consequently, driving the combines market.
An emerging trend in the combines market is the integration of telematics into farm machinery, signifying technological advancements in the field of agriculture. Telematics is a data transfer system that collects and records work data, tracks, and yield data from connected combine harvesters, tractors, and other agricultural equipment. The collected data can be accessed and evaluated in real-time or retrospectively, either through a dedicated website or exported to common farm management software. For example, companies like CLAAS offer telematics solutions that optimize work processes in real-time, enable yield mapping, and monitor machine performance, all with the aim of enhancing overall machine efficiency.
Key players in the Combines Market are prioritizing product innovations, such as advanced automation capabilities and precision farming technologies, to enhance harvesting efficiency, boost crop yields, and reduce operational costs. Precision farming is transforming crop management practices, and its integration into modern combines significantly improves both harvesting efficiency and overall productivity. As the demand for sustainable and data-driven agricultural solutions rises, the combines market is evolving to incorporate these technologies, allowing farmers to make data-informed decisions that optimize yields while minimizing resource usage. A prime example of this trend is John Deere's launch of the T6 800 Walker Combine in June 2024. This new model combines cutting-edge features from the S7 and X9 Series, including enhanced automation and integrated precision agriculture technology. These advancements enable improved data collection and analysis, empowering farmers to make more informed, efficient decisions.
Major companies operating in the combines market include Deere & Company, Kubota Corporation, AGCO Corporation, Claas KGaA GmbH, Yanmar America Corporation, Tractors and Farm Equipment Limited (TAFE), CNH Industrial N.V., ISEKI & Co. Ltd., Versatile, SAME DEUTZ-FAHR (SDF), Preet Agro Industries Pvt. Ltd., LOVOL Heavy Industry Co. Ltd., Mahindra & Mahindra Limited, Caterpillar Inc., Daedong Industrial Co. Ltd., J C Bamford Excavators Limited, MASSEY FERGUSON, Zhengzhou Amisy Machinery Co. Ltd., Pickett Equipment, Zhejiang Liulin Agricultural Machinery Co. Ltd., Rostselmash, Zoomlion Heavy Industry Science & Technology Co. Ltd., Xingguang Agricultural Machinery, Shandong Shifeng Group, Jiangsu Wode Group, Kuhn Group, Escorts Limited, Laverda S.p.A., Hubei Machinery and Equipment Co. Ltd., Goldsun (Hubei) Machinery Co. Ltd., Laizhou Deyuan Machinery Co. Ltd., Sampo-Rosenlew Ltd., Parul Industries, Greaves Cotton Limited, Belarusian Autoworks.
Combines refer to the equipment used in the manufacturing of combine harvesters, which are versatile machines designed for the efficient harvesting of various grain crops. The focus here is on goods and services that are traded between entities or sold to end consumers.
The primary product types of combines include self-propelled, tractor-pulled, and PTO-powered combines. Self-propelled combines have their own means of propulsion and come in various movement types, such as crawler-type and wheel-type. These combines are categorized by their power capacity, which can be below 150 HP, 150-300 HP, 300-450 HP, 450-550 HP, and above 550 HP.
The combined market research report is one of a series of new reports that provides combines market statistics, including combining industry global market size, regional shares, competitors with a combines market share, detailed combines market segments, market trends, and opportunities, and any further data you may need to thrive in the combines industry. This combines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The Asia-Pacific was the largest region in the combines market in 2024. North America was the second largest region in the combines market. The regions covered in the combines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the combines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The combines (i.e., harvester-thresher) market consists of sales of axial combines, transverse combine and hybrid combines. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The combines market size has grown strongly in recent years. It will grow from $27.3 billion in 2024 to $28.71 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to agricultural mechanization, crop diversification, farm consolidation, technological advancements, crop yields.
The combines market size is expected to see strong growth in the next few years. It will grow to $35.28 billion in 2029 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to sustainable agriculture, climate change resilience, precision agriculture, digital agriculture. Major trends in the forecast period include mechanization and automation, precision agriculture, integration of data management, environmental sustainability.
The transition from manual labor on farms to the mechanization of agricultural processes has significantly contributed to the growth of the combines market. Combines are farm machinery designed to cut and thresh grains, reducing the need for manual labor. In many developed countries worldwide, farm activities are increasingly reliant on the use of such machinery. For instance, in September 2022, an article by Gilbert Ayine Akolgo in Ghana revealed that the availability of tractor power had risen to 0.0588 kW/ha in 2020 and is projected to increase to 0.0752 kW/ha by 2025. This shift towards mechanization has proven to be more cost-effective, with mechanized processes being 21.3% to 53.8% cheaper than manual ones. As a result, the transition from manual labor to farm mechanization is a driving force behind the growth of the combines market in the forecast period.
The growing demand for crop production is expected to be a key factor driving the combines market in the coming years. Crop production is fueled by the increasing need to cultivate and harvest crops to meet the rising global food demands. Combines are essential machines in crop production, playing a critical role in modern agriculture by efficiently harvesting and processing crops, which leads to higher yields and improved farming practices. For example, in January 2024, the United States Department of Agriculture, a US-based federal agency responsible for agricultural policies, reported that rice production in 2023 reached 218 million cwt, a 36% increase compared to 2022. The planted area for 2023 was estimated at 2.89 million acres, reflecting a 30% growth from the previous year. This highlights the importance of combines in meeting the growing demand for crop production and, consequently, driving the combines market.
An emerging trend in the combines market is the integration of telematics into farm machinery, signifying technological advancements in the field of agriculture. Telematics is a data transfer system that collects and records work data, tracks, and yield data from connected combine harvesters, tractors, and other agricultural equipment. The collected data can be accessed and evaluated in real-time or retrospectively, either through a dedicated website or exported to common farm management software. For example, companies like CLAAS offer telematics solutions that optimize work processes in real-time, enable yield mapping, and monitor machine performance, all with the aim of enhancing overall machine efficiency.
Key players in the Combines Market are prioritizing product innovations, such as advanced automation capabilities and precision farming technologies, to enhance harvesting efficiency, boost crop yields, and reduce operational costs. Precision farming is transforming crop management practices, and its integration into modern combines significantly improves both harvesting efficiency and overall productivity. As the demand for sustainable and data-driven agricultural solutions rises, the combines market is evolving to incorporate these technologies, allowing farmers to make data-informed decisions that optimize yields while minimizing resource usage. A prime example of this trend is John Deere's launch of the T6 800 Walker Combine in June 2024. This new model combines cutting-edge features from the S7 and X9 Series, including enhanced automation and integrated precision agriculture technology. These advancements enable improved data collection and analysis, empowering farmers to make more informed, efficient decisions.
Major companies operating in the combines market include Deere & Company, Kubota Corporation, AGCO Corporation, Claas KGaA GmbH, Yanmar America Corporation, Tractors and Farm Equipment Limited (TAFE), CNH Industrial N.V., ISEKI & Co. Ltd., Versatile, SAME DEUTZ-FAHR (SDF), Preet Agro Industries Pvt. Ltd., LOVOL Heavy Industry Co. Ltd., Mahindra & Mahindra Limited, Caterpillar Inc., Daedong Industrial Co. Ltd., J C Bamford Excavators Limited, MASSEY FERGUSON, Zhengzhou Amisy Machinery Co. Ltd., Pickett Equipment, Zhejiang Liulin Agricultural Machinery Co. Ltd., Rostselmash, Zoomlion Heavy Industry Science & Technology Co. Ltd., Xingguang Agricultural Machinery, Shandong Shifeng Group, Jiangsu Wode Group, Kuhn Group, Escorts Limited, Laverda S.p.A., Hubei Machinery and Equipment Co. Ltd., Goldsun (Hubei) Machinery Co. Ltd., Laizhou Deyuan Machinery Co. Ltd., Sampo-Rosenlew Ltd., Parul Industries, Greaves Cotton Limited, Belarusian Autoworks.
Combines refer to the equipment used in the manufacturing of combine harvesters, which are versatile machines designed for the efficient harvesting of various grain crops. The focus here is on goods and services that are traded between entities or sold to end consumers.
The primary product types of combines include self-propelled, tractor-pulled, and PTO-powered combines. Self-propelled combines have their own means of propulsion and come in various movement types, such as crawler-type and wheel-type. These combines are categorized by their power capacity, which can be below 150 HP, 150-300 HP, 300-450 HP, 450-550 HP, and above 550 HP.
The combined market research report is one of a series of new reports that provides combines market statistics, including combining industry global market size, regional shares, competitors with a combines market share, detailed combines market segments, market trends, and opportunities, and any further data you may need to thrive in the combines industry. This combines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The Asia-Pacific was the largest region in the combines market in 2024. North America was the second largest region in the combines market. The regions covered in the combines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the combines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The combines (i.e., harvester-thresher) market consists of sales of axial combines, transverse combine and hybrid combines. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Combines Market Characteristics3. Combines Market Trends and Strategies4. Combines Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Combines Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Combines Market34. Recent Developments in the Combines Market
5. Global Combines Growth Analysis and Strategic Analysis Framework
6. Combines Market Segmentation
7. Combines Market Regional and Country Analysis
8. Asia-Pacific Combines Market
9. China Combines Market
10. India Combines Market
11. Japan Combines Market
12. Australia Combines Market
13. Indonesia Combines Market
14. South Korea Combines Market
15. Western Europe Combines Market
16. UK Combines Market
17. Germany Combines Market
18. France Combines Market
19. Italy Combines Market
20. Spain Combines Market
21. Eastern Europe Combines Market
22. Russia Combines Market
23. North America Combines Market
24. USA Combines Market
25. Canada Combines Market
26. South America Combines Market
27. Brazil Combines Market
28. Middle East Combines Market
29. Africa Combines Market
30. Combines Market Competitive Landscape and Company Profiles
31. Combines Market Other Major and Innovative Companies
35. Combines Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Combines Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on combines market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for combines ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The combines market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include: the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product Type: Self-Propelled; Tractor-Pulled; PTO Powered2) By Type of Movement: Crawler Type; Wheel Type
3) By Power: Below 150 HP; 150-300 HP; 300-450 HP; 450-550 HP; Above 550 HP
Subsegments:
1) By Self-Propelled: Standard Self-Propelled Combines; High-Capacity Self-Propelled Combines; Compact Self-Propelled Combines; Other Self-Propelled Combines2) By Tractor-Pulled: Small Tractor-Pulled Combines; Medium Tractor-Pulled Combines; Large Tractor-Pulled Combines; Other Tractor-Pulled Combines
3) By PTO Powered: Standard PTO Powered Combines; High-Efficiency PTO Powered Combines; Custom PTO Powered Combines; Other PTO Powered Combines
Key Companies Mentioned: Deere & Company; Kubota Corporation; AGCO Corporation; Claas KGaA GmbH; Yanmar America Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies featured in this Combines market report include:- Deere & Company
- Kubota Corporation
- AGCO Corporation
- Claas KGaA GmbH
- Yanmar America Corporation
- Tractors and Farm Equipment Limited (TAFE)
- CNH Industrial N.V.
- ISEKI & Co. Ltd.
- Versatile
- SAME DEUTZ-FAHR (SDF)
- Preet Agro Industries Pvt. Ltd.
- LOVOL Heavy Industry Co. Ltd.
- Mahindra & Mahindra Limited
- Caterpillar Inc.
- Daedong Industrial Co. Ltd.
- J C Bamford Excavators Limited
- MASSEY FERGUSON
- Zhengzhou Amisy Machinery Co. Ltd.
- Pickett Equipment
- Zhejiang Liulin Agricultural Machinery Co. Ltd.
- Rostselmash
- Zoomlion Heavy Industry Science & Technology Co. Ltd.
- Xingguang Agricultural Machinery
- Shandong Shifeng Group
- Jiangsu Wode Group
- Kuhn Group
- Escorts Limited
- Laverda S.p.A.
- Hubei Machinery and Equipment Co. Ltd.
- Goldsun (Hubei) Machinery Co. Ltd.
- Laizhou Deyuan Machinery Co. Ltd.
- Sampo-Rosenlew Ltd.
- Parul Industries
- Greaves Cotton Limited
- Belarusian Autoworks
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 28.71 Billion |
Forecasted Market Value ( USD | $ 35.28 Billion |
Compound Annual Growth Rate | 5.3% |
Regions Covered | Global |
No. of Companies Mentioned | 36 |