Combine Harvester Market is Set to Surge at 3.9% CAGR, to Reach US$ 12.97 Billion by 2034 | Fact.MR Report [Yahoo! Finance]
CNH Industrial N.V. Common Shares (CNH)
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Source: Yahoo! Finance
Rockville, MD , Oct. 02, 2024 (GLOBE NEWSWIRE) -- According to the updated research analysis by Fact.MR, a market research and competitive intelligence provider, the global Combine Harvester Market is analyzed to reach a worth of US$ 8.85 billion in 2024. Worldwide sales of these agriculture harvesters are forecasted to rise at a CAGR of 3.9% from 2024 to 2034. Due to its efficiency and speed in performing agricultural duties, modern harvesting equipment is becoming popular as a multipurpose solution. To ensure greater yields and preserve farming profitability, several farmers are using updated equipment. The lack of qualified manpower and growing farm labor costs are creating prospects for combine harvester enterprises. Sales of combine harvesters are supported by the global expansion in agricultural mechanization. The increasing use of precision farming techniques, labor shortages, government policies supporting the agriculture sector, the rising global population, and the cons
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