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Asia Pacific Harvester Market Outlook (2021-2027)

Market Forecast By Harvester Types (Combine, Forage, Sugarcane), By Combine Harvester Types (Self Propelled, Track, Track Mounted), By Power Ratings (Up To 30HP, 30.1-100HP, 100.1-200HP, 200.1-300HP, Above 300HP), By Crop (Wheat, Rice, Barley, Beans, Corn, Grass, Others (Sugarcane, Hemp Etc.)), By Countries (Thailand, Japan, China, Malaysia, Philippines, Myanmar, Cambodia, Indonesia, South Korea, Australia, Pakistan) And Competitive Landscape


According to 6Wresearch, Asia Pacific Harvester Market size is projected to grow at a CAGR of 4.4% during 2021-2027. The market is in growing stage of industry life cycle owing to increasing food demand, rising rural incomes along with rise in farm mechanization within the use of farming practices. Simultaneously, the private sector’s investment is making a remarkable impact and bringing flow of liquidity within the sector, therefore, usage of agriculture machineries such as harvesters and planters are rising. Furthermore, to enhance comfort and efficiency, vendors are constantly improving their equipment with telemetry and intelligent sensing technologies. Other innovative technologies, including GPS and navigation systems, are integrated into these harvesters to assist within the more precise execution of activities.


Asia-Pacific harvester market witnessed a slow and steady growth in the past owing to the increasing crop production capacity, government providing subsidies and acceptance of technological farming machineries. In Asia-Pacific, China garners the majority share in revenue and volume for the year 2020 i.e. more than 85%. China is amongst the largest manufacturer as well as market for harvesters within Asia-Pacific followed by Australia and Japan.


For Latest Press Release : https://www.6wresearch.com/press-release/asia-pacific-harvester-market-size-is-projected-to-grow-at-a-cagr-of-44-during-2021-2027


Market by Countries Analysis

By countries, China has acquired more than 85% of the market share in terms of revenue.


Key Highlights of the Report

  • Asia Pacific Harvester Market Overview
  • Asia Pacific Harvester Market Trends
  • Asia Pacific Harvester Market Outlook
  • Asia Pacific Harvester Market Forecast
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of COVID-19
  • Company Rankings
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations
  • Historical Data and Forecast of Asia Pacific Harvester Market share in Revenues and Volume, By Types, By Power Ratings, By Crop Types, By Countries, for the Period 2017-2027F


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Source: http://www.6wresearch.com/industry-report/asia-pacific-harvester-market