Sales of new combine harvesters are forecast to increase by more than 3.0% during the next six years to a total global value of US$18 billion.
Due mainly to a reduction in the workforce and the need to get the job done faster, according to market intelligence research company Fact.MR, growth can be expected in all power bands, including combines below 150hp, which are anticipated to account for US$5 billion of the total by 2026.
Demand for 300-450hp combines will continue to rise, accounting for 30% of the total revenue within the next six years, and the popularity of 450-500hp+ models is also forecast to rise. As to grain tank capacity, the research company expects harvesters fitted with 250bu (6,800 litres wheat) to 350bu (9,525 litres wheat) versions to account for 40% (US$8 billion) of global combine revenues by 2026.
North America will continue to lead the market is the forecast. Currently good for half of global combine revenue, this trend is expected to continue during the next six years and more intelligent and self-driving combines are expected in North American fields by 2026.
