Sugarcane harvester is an agricultural equipment used to harvest and partially process the sugarcanes. In sugarcane harvesting process, the harvester either pulls or cuts the cane stalk from the base and removes the leaves from the stalk. In addition, some harvesters also cut the sugarcane stalks into pieces of desired sizes. Sugarcane harvester is available in a wide range of configuration depending upon the size of the field, terrain & crops and harvesting capacities. Using a sugarcane harvester provides a clean and hassles free process of sugarcane harvesting for both green as well as burnt sugarcanes. Mechanized harvester aids in clean and easy after processing of harvested sugarcane.
Sugarcanes are cultivated for a variety of products such as sugar, ethanol, jaggery and fodder for feeding livestock. Overall sugar consumption around the world is increasing perpetually, with the consistent rise in population. Subsequently, the sugarcane farming too has expanded tremendously in the past several years. Rising demand for sugar and other substitute products produced from sugarcane has remarkably boosted the overall sugarcane production across the world.
Subsequently, sugarcane harvester have emerged as a potential market in the recent years. In addition, new policies are being imposed by the governments of high sugar producing countries for encouraging mechanized sugarcane farming. These factors are collectively to result into robust market growth for sugarcane market in the coming years.
The report titled “Sugarcane Equipment Market- Growth, Future Prospects and Competitive Landscape, 2023-2030 offers strategic insights into the global sugarcane harvester market with a focus on the market size and estimates for the duration 2020 to 2030. The said research study covers in-depth analysis of multiple market segments based on harvesting type, number of rows and cross-sectional study across different geographies. The study covers the comparative analysis of different segments for the years 2021 & 2030. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities. In addition, the report covers a section focusing on the key trends being followed in the market.
In order to help strategic decision makers, the report also includes competitive profiling of the leading sugarcane harvester manufacturers, their strategies, market positioning and key developments. Some of the major players profiled in the report include WUHAN MACHINE EQUIPMENT CO LTD, Tropical agricultural Machine Group, Deere & Company, Valtra Inc., Case IH, Canetec Pty, Ltd., AGREEVISION, Simon Group, Massey Ferguson, New Holland Agriculture and others. Other in-depth analysis provided in the report includes:
As of 2021, stalk harvester is the dominating segment, in term of revenue of the overall sugarcane harvester market worldwide. Stalk harvester is the first and the most widely used sugarcane harvester available in the market. They harvest sugar cane as whole stock by either directly uprooting or cutting the stalk from the bottom. The process carried out by stalk harvester is faster and easier as compared to the chopping harvester. In addition, the cost of stalk harvester is less when compared to cutting harvester. Thus, these harvesters are more in demand in developing markets of Asia Pacific and Latin America.
Cutting type sugarcane harvester is the fastest growing sugarcane harvester, as in 2020. This particular type of harvester is equipped with an additional feature of cutting the harvested sugarcane stalk into pieces of the desired size. Cutting type harvester reduces the after processing cost of harvested sugarcane.
Sugarcane harvesters are designed according to different traits such as size and nature of the field and crop. On the basis of number of rows, multiple row sugarcane harvester dominates the overall sugarcane harvester market, as of 2020. This particular type of sugarcane harvester can harvest multiple rows of crop simultaneously. Thus, the overall operational cost and time taken to harvest the sugarcane are reduced significantly, especially for large fields. Consistent rise in sugarcane production is expected to uplift the market for multiple row sugar cane harvester during the forecast.
Single row sugarcane harvester segment follows the multiple row harvester, in terms of revenue. These harvesters are applied for small fields with less space to harvest crops. Thus, single row harvester finds very limited application, as compared to multiple row harvester. However, regions with small field sizes use this harvester extensively. Consequently, the growth of single row sugarcane harvester market is expected to remain limited during the forecast period.
Asia Pacific dominates the overall sugarcane harvester market in terms of revenue, as of 2020. The market here is majorly backed by high sugarcane producing countries such as India, China, Pakistan, Thailand, Philippines, and others. These countries are consistently trying to increase the sugarcane production capacity. In addition, mechanized farming is one of the most popular trends observed across these countries. As a result, the region is projected to continue dominating the overall market during the forecast period.
As in 2021, Latin America trails Asia Pacific in the overall sugarcane harvester market, in terms of revenue. Latin America constitute countries such as Brazil, Mexico, and Columbia which are amongst the top sugarcane producing nations worldwide. Governments in these regions are developing policies to promote mechanization of farming and increasing the production capacity. Consequently, the sugarcane harvester market is expected to grow significantly during the forecast period.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Sugarcane Harvester market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Harvester
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Number of Rows
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
