Industrial Production Products & Services

Harvesting Machines: Market Size, Growth & Forecast to 2030

The Harvesting Machines market is valued at about $28.5 billion (2026) and is projected to grow at a 4.6% CAGR through 2030. The largest cost driver is Raw Materials (High-Grade Structural Steel and Carbon Steels) (40% of spend). North America leads demand at 35%.

Market size
$28.5 bn (2026)
CAGR to 2030
+4.6%
Buyer power
Favours buyers
Tracked suppliers
12

Projected market growth to 2030

Market size index, 2026 = 100, at the 4.6% CAGR.

1251171081001002026104.62027109.42028114.42029119.72030125.22031

Cost structure

Raw Materials (High-Grade Structural Steel and Carbon Steels)
40%
Manufacturing and Forging Energy Costs
25%
Direct Labor and Assembly Engineering
15%
Logistics and Ocean Freight
10%
Overhead and Upstream Inventory Holding Costs
10%

Regional demand split

North America demand
35%
Europe demand
30%
Asia Pacific demand
20%
Latin America demand
10%
Rest of world demand
5%

Key suppliers

John Deere & CompanyCNH Industrial N.V.CLAAS KGaA mbHAGCO CorporationKubota Corporation
Read the full Harvesting Machines report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/harvesting-machines