France Harvesting Equipment Market Insights Forecasts to 2033

• The Market is Growing at a CAGR of 3.45% from 2023 to 2033
• The France Harvesting Equipment Market Size is Expected to Hold a Significant Share by 2033

The France Harvesting Equipment Market Size is Expected to Hold a Significant Share by 2033, growing at a CAGR of 3.45% from 2023 to 2033.

Market Overview

Harvesting equipment is the process of using mechanical devices to separate the economically useful parts of ripe crops; the method used varies based on the precise spot of the beneficial part. Crops must be cut, dug, picked, established, and gathered. In France, several harvesting equipment types exist, such as combine harvesters that combine numerous harvesting duties, groundnut harvesters, potato diggers, reapers, and fruit pickers. France is seeing a surge in demand for sophisticated agricultural technology due to the country's rising desire to increase farm production, decrease manual labor, and streamline operations. The agriculture business has transformed with the integration of technology including GPS, remote sensing, and precision farming techniques, which has led to the adoption of high-tech machinery.  

Report Coverage

This research report categorizes the market for the France harvesting equipment market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the France harvesting equipment market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the France harvesting equipment market.

Driving Factors

The French government intends to support the purchase of equipment that will speed up the growth of high-protein crops, help farmers adapt to harsh weather conditions (frost, hail, drought, wind, cyclones, hurricanes, tornadoes, etc.), and minimize and optimize the use of inputs (fertilizers, effluent, crop protection products, etc.). With this pre-financing at a 0% interest rate, Crédit Agricole assists farmers in purchasing equipment right away. A few months following their purchase, the farmer will get the FranceAgriMer subsidy.

Restraining Factors

The growth of the harvesting equipment business is expected to be constrained in the coming years by an increase in product costs brought on by supply chain disruptions and a surge in the cost of raw materials.

Market Segmentation

The France harvesting equipment market share is classified into harvester type and horsepower.

• The combine segment is expected to hold a significant market share through the forecast period.

The France harvesting equipment market is segmented by harvester type into combine and forage. Among these, the combine segment is expected to hold a significant market share through the forecast period. Due to their effectiveness, capacity to save labor, adaptability for a variety of crops, integration with precision agriculture, and the necessity of efficiently meeting the world's growing food needs.

• The 150-300 HP segment is expected to dominate the France harvesting equipment market during the projected period.

Based on the horsepower, the France harvesting equipment market is divided into below 150 HP,150-300 HP,300-450 HP, and 450-550 HP. Among these, the 150-300 HP segment is expected to dominate the France harvesting equipment market during the projected period. The main drivers of the medium-power (150–300 HP) harvester market's expansion are its harvesters' value for money, adaptability to operation, and variety.       

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the France harvesting equipment market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• KUHN Group
• Yanmar
• Krone
• CNH Industrial
• John Deere
• Kubota
• SDF (Same Deutz-Fahr)
• CLAAS
• Grimme
• AGCO
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In March 2021, the company's commitment to agricultural transformation and compliance with the Recovery Plan for France was underlined by Crédit Agricole's announcement of this new offer. They felt it was crucial to support our farm clients following a difficult year; one major advantage was the interest-free pre-financing on the subsidized portion of the investment.

Market Segment

This study forecasts revenue at France, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the France Harvesting Equipment Market based on the below-mentioned segments

France Harvesting Equipment Market, By Harvester Type

• Combine
• Forage

France Harvesting Equipment Market, By Horsepower

• Below 150 HP
• 150-300 HP
• 300-450 HP
• 450-550 HP