Market Forecast By Types (Combine Harvester, Forage Harvester, Sugar cane Harvester & Other Harvesters), By Applications (Wheat, Rice, Barley, Hemp, Beans & Others) and competitive landscape
Product Code: ETC002102 | Publication Date: Aug 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India Harvester Market registered a decline of -10.48% in value shipments in 2022 as compared to 2021 and an increase of 9.47% CAGR in 2022 over a period of 2017. In Harvester Market India is becoming less competitive as HHI index in 2022 was 7142 while in 2017 it was 1774. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Harvester Market.
India is unable to meet its increasing needs of this product with domestic production hence we see the trend is shifting towards import shipment to meet its demand The import factor of Harvester Market in 2022 was 1.06 while in 2017 it was 0.45. China, Other Asia, nes, Türkiye, Belgium and Germany were among the top players of the market in 2022, where China acquired the largest market share of 84.33% with a shipment value of 8.28 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 Other Asia, nes had the largest market share of 27.25% with the shipment value of 1.74 million USD. The country was offering its product with an average price which is higher than the average market price offered in the country. Although Other Asia, nes offers its product above the market average price, it remained at the leadership position indicating the brand value it holds in the India Harvester Market in 2017.
India harvesters market is expected to witness tremendous growth over the forecast period due to factors such as shortage of labor force, changing agricultural practices, numerous government initiatives to promote the use of equipment to boost farm output along with rising food demand would positively influence the harvester market growth. Furthermore, subsidy policies provided by the government for supporting the purchase of farming machinery would further drive the harvester market growth in the coming years.
According to 6Wresearch, India Harvesters Market size is anticipated to witness substantial growth during 2020-2026. The harvesters are widely applicable in the agriculture sector for reaping, threshing, and winnowing but the outbreak of pandemic coronavirus in India caused the government to impose lockdown and shut down all the operations to control the spread of the virus. The coronavirus lockdown has adversely affected the agriculture sector as the government imposed restrictions on the transportation of goods and the laborers returned to their hometown due to the coronavirus fear as a result of which farmers are facing a shortage of skilled and technically equipped labor required to operate the harvester machines thereby restraining the harvester market growth.
Based on types, combine harvester would dominate the harvester market in the upcoming years due to increasing farm sizes and production capacity requiring combine harvesters for the harvesting of crops. Additionally, the increasing demand for combine harvesters and favorable government schemes would promote the growth of such machines in India.
India Harvester market report thoroughly covers the market by types and applications. India Harvester's market outlook report provides an unbiased and detailed analysis of the on-going India Harvester market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Key Highlights of the Report:
Markets Covered
India Harvester Market report provides a detailed analysis of the following market segments:
Other Key Related Reports Include:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. India Harvester Market Overview |
3.1. India Country Indicators |
3.2. India Harvester Market Revenues, 2016-2026F |
3.3. India Harvester Market Revenue Share, By Types, 2019 & 2026F |
3.4. India Harvester Market Revenue Share, By Applications, 2019 & 2026F |
3.5. India Harvester Market - Industry Life Cycle |
3.6. India Harvester Market - Porter’s Five Forces |
4. India Harvester Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. India Harvester Market Trends |
6. India Harvester Market Overview, By Types |
6.1. India Combine Harvester Market Revenues, 2016-2026F |
6.2. India Forage Harvester Market Revenues, 2016-2026F |
6.3. India Sugar Cane Harvester Market Revenues, 2016-2026F |
6.4. India Other Harvester Market Revenues, 2016-2026F |
7. India Harvester Market Overview, By Applications |
7.1. India Harvester Market Revenues, By Wheat Applications, 2016-2026F |
7.2. India Harvester Market Revenues, By Rice Applications, 2016-2026F |
7.3. India Harvester Market Revenues, By Barley Applications, 2016-2026F |
7.4. India Harvester Market Revenues, By Hemp Applications, 2016-2026F |
7.5. India Harvester Market Revenues, By Beans Applications, 2016-2026F |
7.6. India Harvester Market Revenues, By Other Applications, 2016-2026F |
8. India Harvester Market - Key Performance Indicators |
9. India Harvester Market - Opportunity Assessment |
9.1. India Harvester Market Opportunity Assessment, By Types, 2026F |
9.2. India Harvester Market Opportunity Assessment, By Applications, 2026F |
10. India Harvester Market Competitive Landscape |
10.1. India Harvester Market Revenue Share, By Companies, 2019 |
10.2. India Harvester Market Competitive Benchmarking, By Operating & Technical Parameters |
13. Company Profiles |
14. Key Recommendations |
15. Disclaimer |