Harvesting Machinery Market Size and Share
Market Overview
| Study Period | 2020 - 2030 |
| Market Size (2025) | USD 31.86 Billion |
| Market Size (2030) | USD 41.84 Billion |
| Growth Rate (2025 - 2030) | 5.60% CAGR |
| Fastest Growing Market | Middle East and Africa |
| Largest Market | Asia Pacific |
| Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Harvesting Machinery Market Analysis by Mordor Intelligence
The Harvesting Equipment Market size is estimated at USD 31.86 billion in 2025, and is anticipated to reach USD 41.84 billion by 2030, at a CAGR of 5.60% during the forecast period. Growth is propelled by steady mechanization, the spread of precision agriculture, and the arrival of autonomous functions that reduce labor dependence. The Asia-Pacific remains the center of demand, while the Middle East and Africa post the quickest gains as subsidy programs and contract-harvesting models take hold. Diesel engines still dominate powertrains, yet double-digit growth for hybrid and electric solutions signals an important transition that aligns with tightening emissions rules. Crop diversification, particularly the rise of specialty crops, is broadening the application base for sophisticated machinery and creating new revenue streams for data-driven service offerings.
Key Report Takeaways
- By machinery type, combine harvesters led with a 65% revenue share in 2024.
- By power source, diesel engines held 92% of the harvesting equipment market share in 2024; hybrid/electric units are projected to rise at a 12% CAGR between 2025-2030.
- By crop type, grains and cereals accounted for 60% of the harvesting equipment market size in 2024, while specialty crops are advancing at a 9% CAGR to 2030.
- By geography, Asia-Pacific commanded 45% of the harvesting equipment market in 2024; the Middle East and Africa is the fastest-growing region with an 8% CAGR for 2025-2030.
- Deere & Company, CNH Industrial, and AGCO jointly captured more than half of global sales in 2024, underscoring the sector’s medium concentration.
Global Harvesting Machinery Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising demand for high-capacity combine harvesters | +1.2% | Asia-Pacific | Medium term (2-4 years) |
| Government incentives are accelerating mechanization in developing economies | +0.9% | Africa, South America, South Asia | Long term (≥ 4 years) |
| Labor scarcity and wage inflation are pushing automation | +0.8% | North America, Europe, Australia | Short term (≤ 2 years) |
| Expansion of contract-harvesting business models | +0.7% | Global | Medium term (2-4 years) |
| Integration of precision agriculture and telematics into harvesters | +0.6% | North America, Europe, and advanced Asian markets | Medium term (2-4 years) |
| OEM financing and leasing programmes easing easing capital expenditures burden | +0.5% | Global | Short term (≤ 2 years) |
Source: Mordor Intelligence
Rising Demand for High-Capacity Combine Harvesters
Mechanical harvesting is gaining momentum across China and India as larger farm clusters emerge and policymakers channel subsidies toward modern equipment. Broad-acre crops harvested with high throughput combine lower post-harvest losses, improve grain quality, and shorten turnaround times between planting cycles. This confluence of scale, technology, and policy is projected to maintain the region’s leadership in combined upgrades through the medium term.
Government Incentives Accelerating Mechanization in Developing Economies
Public-sector grants, tax rebates, and subsidized loans are reshaping the harvesting equipment market, particularly in Africa and parts of South America. National mechanization roadmaps now prioritize harvesters alongside tractors, viewing them as essential to post-harvest loss reduction and food-security targets. Several countries are linking subsidies to domestic assembly conditions, nudging global brands to establish knock-down facilities and engage local partners for after-sales support.
Labor Scarcity and Wage Inflation Pushing Automation Globally
Farm labor supply has tightened in high-wage economies where seasonal migration patterns have shifted and competing industries offer higher pay. Average agricultural wage costs in North America and Europe climbed by double digits in recent seasons, eroding profitability and compelling growers to replace manual crews with self-leveling, auto-steer, and eventually driverless harvesters.
Integration of Precision Agriculture and Telematics into Harvesters
Modern harvesters now serve as rolling data hubs, collecting yield, moisture, and machine-health metrics in real-time. Cloud connectivity feeds analytics platforms that fine-tune planting prescriptions and fertilizer dosing for subsequent seasons, closing the loop between harvest and input planning. Advanced vision systems adjust ground speed and threshing settings on-the-fly, reducing grain damage and fuel use.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| High upfront cost versus small-farm income levels | -0.8% | Africa, South Asia, South America | Medium term (2-4 years) |
| Volatility in commodity prices is dampening machinery purchases | -0.7% | Global | Short term (≤ 2 years) |
| Limited dealer and service networks in Africa and the Middle East | -0.5% | Africa, Middle East | Long term (≥ 4 years) |
| Environmental concerns over diesel emissions | -0.4% | Europe, North America | Medium term (2-4 years) |
Source: Mordor Intelligence
High Upfront Cost Versus Small-Farm Income Levels
Modern combines can cost between USD 300,000 and USD 500,000, a figure beyond the reach of most smallholders. Fragmented land holdings in Africa and South Asia dilute machinery utilization rates and elongate payback periods. Acute financing gaps widen technology adoption divides and sustain a secondary market for aging, high-emission machines that underperform on fuel and grain quality.
Limited Dealer and Service Networks in Africa and the Middle East
Equipment downtime during harvest windows can erase yield gains. Sparse dealer footprints and deficient road infrastructure inflate response times and parts logistics costs. Farmers often opt for simpler, locally serviceable machines even if performance lags current-generation imports. Success hinges on aligning service models with local agronomic calendars and building parts hubs that cut over-the-counter wait times.
Segment Analysis
By Machinery Type: Combine Harvesters Lead
Combine harvesters generated the highest revenue in 2024, accounting for 65% of the harvesting equipment market. Continuous improvements in sensing modules and automation packages now enable operators to delegate most threshing, separation, and cleaning adjustments to software, which raises throughput while conserving fuel. The cost-benefit proposition drives replacement demand among commercial farms facing tighter labor markets. Rising yield penalties from manual cutting, plus health and safety rules, strengthen the case for self-propelled cane machines in these regions.
Note: Segment share of all individual segments available upon report purchase
By Power Source: Electric Transition Accelerates Despite Diesel Dominance
Diesel engines retained 92% of the harvesting equipment market share in 2024, thanks to unmatched energy density and a vast refueling network. However, hybrid and fully electric platforms are advancing at a 12% CAGR as battery cost curves fall and regulatory caps on particulate emissions tighten. Harvesting equipment market size for electric and hybrid segments is projected to grow by 2030, driven by pilot programs on high-value specialty crops where quiet operation and zero local emissions offer agronomic and community benefits. Early adopters report lower maintenance expenses due to reduced moving parts, while regenerative braking and power-assist systems cut daily fuel or electricity use.
By Crop Type: Specialty Crops Drive Innovation Despite Grain Dominance
Grains and cereals accounted for 60% of global revenues in 2024, reflecting installed bases of large-scale combines across the Americas, Europe, and Australia. Nonetheless, specialty crops fruits, vegetables, and nuts are the engine of growth, expanding at a 9% CAGR. Delicate produce demands machine-vision systems that detect ripeness, robotic grapples that avoid bruising, and end-effectors that self-clean between picks[1]U.S. Department of Agriculture, “Automation Helps Solve Specialty Crop Challenges,” usda.gov. Investments in such technology rose sharply, with growers citing labor scarcity and quality premiums in fresh markets.
Note: Segment share of all individual segments available upon report purchase
Geography Analysis
Asia-Pacific anchors 45% of the harvesting equipment market and continues to outpace global averages through 2030. Rapid consolidation of cropland in China and growing contract-harvesting fleets in India stimulate continual fleet renewal. Provincial subsidies in China reimburse up to 30% of eligible machine costs, influencing technology choices toward models with precision guidance that aligns with national yield-improvement targets.
Middle East and Africa, while representing a modest base today, is the fastest-growing region at an 8% CAGR between 2025 and 2030. Governments prioritize mechanization to secure grain self-sufficiency and reduce post-harvest losses that can exceed 20% in smallholder systems.[2]Food and Agriculture Organization, “Sustainable Agricultural Mechanization: A Framework for Africa,” fao.org Import-duty waivers on components and credit guarantees for cooperative fleets aim to leverage scale effects. The Middle East remains an emerging locale where controlled-environment agriculture and government-backed desert farming require specialized harvesters for greenhouse tomatoes, leafy greens, and date palms. Investment incentives and free-zone logistics encourage multinational brands to position regional distribution hubs, closing lead-time gaps and fostering parts availability.
North America and Europe contribute a combined quarter of global sales but differ in replacement dynamics. North American growers focus on integrating autonomy and connectivity into existing fleets, leading to a rise in retrofit kits that extend asset life while delivering advanced functionality. Europe, guided by stringent emissions rules and Common Agricultural Policy incentives, accelerates the adoption of hybrid and electric units.
Competitive Landscape
The harvesting equipment market is characterized by medium concentration. Deere & Company, CNH Industrial, and AGCO Corporation together account for more than 50% of worldwide sales[3]AGCO Corporation, “Q2 2024 Earnings Release,” farm-equipment.com. Their scale advantages span R&D budgets, captive financing, and dealer reach, yet each faces revenue pressure from cyclical softening in farm income. Deere reported USD 7.1 billion net income in 2024, down markedly from the prior year, and signaled another decline in 2025.
Technology differentiation has become the core battleground. Market leaders invest in AI-enabled harvest settings, yield-monitoring sensors, and cloud-based agronomic portals. Partnerships with satellite imagery firms and telematics specialists expand datasets and enhance predictive maintenance. Start-ups targeting specific crops or autonomous navigation offer niche solutions that incumbents either license or acquire to accelerate roadmaps.
Service innovation is equally critical. Dealers now offer uptime guarantees, remote diagnostics, and subscription-based software packages that bundle agronomic advice with machine performance analytics. Contract-harvest service providers emerge as influential buyers who value low lifetime cost, rapid parts delivery, and cross-brand fleet management tools.
Harvesting Machinery Industry Leaders
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Deere & Company
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CNH Industrial N.V
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AGCO Corporation
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CLAAS KGaA mbH
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Kubota Corporation
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- May 2025: SDF inaugurated a new building to house its sales, administrative, service, and R&D offices at its German site in Lauingen. This move reaffirms SDF's commitment to its operations in Germany, including the development of harvesting machines.
- March 2025: CNH (Case IH & New Holland) marked 50 years of Twin Rotor combine technology with the CR10 and CR11 models; the flagship CR11 features 775 hp and a 20,000-litre grain tank New Holland.
- March 2025: CNH (Case IH & New Holland) unveiled a two-row sugarcane harvester in field testing alongside Patriot Series 50 sprayers that cut herbicide use by more than 80% Case IH.
- February 2025: Deere introduced a new three-piece CAM reel with dense pack fingers designed to improve harvesting efficiency, especially in challenging crops like pulses and edibles.
Global Harvesting Machinery Market Report Scope
Agricultural harvesting equipment encompasses machinery designed for efficient crop collection at maturity. These machines are engineered to harvest a wide range of crops, including grains, fruits, and vegetables. This report covers various types of harvesters, such as self-propelled, tractor-powered combine, and track combine harvesters, which are primarily used in crop harvest management. The Global Agricultural Harvesting Market is segmented by Machinery Type (Combine Harvester, Forage Harvester, Sugarcane Harvester, and Others) and by Geography (North America, Europe, Asia Pacific, South America, and Africa). The report provides market size and forecasts in terms of value in USD for all segments.
| By Machinery Type | Combine Harvesters | ||
| Forage Harvesters | |||
| Other Harvesters (Sugarcane Harvesters, Potato Harvesters, Beet Harvesters, Cotton Harvesters, etc.) | |||
| By Power Source | Diesel | ||
| Hybrid/Electric | |||
| By Crop Type | Grains and Cereals | ||
| Forage Crops | |||
| Horticultural Crops | |||
| Speciality Crops (Sugarcane, Cotton, and Others) | |||
| By Geography | North America | United States | |
| Canada | |||
| Mexico | |||
| Rest of North America | |||
| Europe | Germany | ||
| United Kingdom | |||
| France | |||
| Spain | |||
| Russia | |||
| Rest of Europe | |||
| Asia-Pacific | China | ||
| India | |||
| Japan | |||
| Rest of Asia-Pacific | |||
| South America | Brazil | ||
| Argentina | |||
| Rest of South America | |||
| Middle East and Africa | Saudi Arabia | ||
| UAE | |||
| Turkey | |||
| South Africa | |||
| Rest of Middle East and Africa | |||
| Combine Harvesters |
| Forage Harvesters |
| Other Harvesters (Sugarcane Harvesters, Potato Harvesters, Beet Harvesters, Cotton Harvesters, etc.) |
| Diesel |
| Hybrid/Electric |
| Grains and Cereals |
| Forage Crops |
| Horticultural Crops |
| Speciality Crops (Sugarcane, Cotton, and Others) |
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Spain | |
| Russia | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Rest of South America | |
| Middle East and Africa | Saudi Arabia |
| UAE | |
| Turkey | |
| South Africa | |
| Rest of Middle East and Africa |
Key Questions Answered in the Report
What is the current size of the harvesting equipment market?
The harvesting equipment market is worth USD 31.86 billion in 2025 and is projected to rise to USD 41.84 billion by 2030.
Which machinery type dominates global revenues?
Combine harvesters lead, accounting for 65% of 2024 revenue, supported by continual automation upgrades.
How fast are hybrid and electric harvesters growing?
Hybrid and electric solutions are expanding at a 12% CAGR between 2025 and 2030, driven by emissions regulations and fuel-savings goals.
Why is Africa the fastest-growing regional market?
Government mechanization initiatives, subsidy programs, and contract-harvest models underpin Africa’s 8% CAGR forecast for 2025-2030.
Who are the leading companies in the market?
Deere & Company, CNH Industrial, and AGCO Corporation collectively hold more than half of global sales, with each investing heavily in precision agriculture and autonomy.
What is the main barrier to adoption for small farms?
High upfront equipment cost relative to farm income remains the key hurdle, prompting cooperative ownership and pay-per-use service models.
