| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 149.31 Billion |
| Market Size (2030) | USD 261.96 Billion |
| CAGR (2025 - 2030) | 11.90 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Vietnam Combine Harvester Market Analysis
The Vietnam Combine Harvester Market size is estimated at USD 149.31 billion in 2025, and is expected to reach USD 261.96 billion by 2030, at a CAGR of 11.90% during the forecast period (2025-2030).
Vietnam's agriculture sector contributes about 12% to the GDP and employs over 13.8 million people, according to the World Bank as of 2023. The industry has evolved from subsistence farming to commercial practices, particularly in rice production, where Vietnam ranks among the world's top exporters. This transition has increased the demand for combine harvesters, as farmers aim to improve efficiency and productivity on small plots averaging 0.4 hectares per family farm (FAO).
The increasing mechanization of agriculture in Vietnam addresses challenges such as labor shortages and rising costs. Combine harvesters are essential for timely and efficient rice harvesting, especially during peak seasons when delays affect yields. The Ministry of Agriculture and Rural Development promotes modern machinery to enhance productivity and reduce post-harvest losses.
Despite growing demand, affordability and accessibility remain challenges, with 89% of Vietnamese farmers operating small family farms. High costs limit their ability to invest in advanced machinery. However, government initiatives, including financial support and agricultural extension programs, aim to address this issue, encouraging mechanization adoption. Vietnam's 2030 targets include achieving 70% mechanization in crop cultivation to boost agricultural sustainability and efficiency. As of 2023, domestic manufacturers meet only 32% of the demand for agricultural machinery, including combine harvesters, according to the Institute of Agricultural and Post-Harvesting Engineering and Technology. Imported products, accounting for 60-70% of the market, dominate the sector, indicating potential for growth in local production.
Vietnam's combine harvester market is expanding, driven by agricultural modernization and government support. Increased mechanization will be essential to maintaining the country's position as a leading agricultural exporter while improving the productivity and livelihoods of smallholder farmers.
Vietnam Combine Harvester Market Trends
Rising Agricultural Exports and Labor Shortages Drives the Market
In the first 9 months of 2024, Vietnam's agricultural exports reached USD 46.28 billion, marking a 21% increase compared to 2023, according to The Ministry of Agriculture and Rural Development (MARD). The ministry projects exports to exceed USD 60 billion in 2024. Key commodities such as coffee and rice, benefiting from rising prices, are driving demand for efficient harvesting machinery.
The increasing need for enhanced harvesting efficiency to meet export demands has boosted the adoption of combine harvesters. As Vietnam's agricultural sector expands, mechanization has become essential to support productivity and competitiveness in global markets.
A declining seasonal labor force is accelerating this shift toward mechanization. According to the World Bank, the number of people employed in agriculture decreased by about 1% between 2019 and 2022. Many workers are transitioning to industrial jobs, leaving farmers dependent on combine harvesters to sustain productivity during critical harvest periods. This trend emphasizes the importance of modern equipment in addressing labor shortages and improving operational efficiency.
Vietnam's rising agricultural exports and the need for mechanized harvesting solutions continue to drive growth in the combine harvester market. With high-value commodities leading the way, the market is expanding, reflecting broader advancements in the country's agricultural landscape.
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Growing Cereal Production Drives Demand for Self-Propelled Combine Harvesters in Vietnam
In Vietnam, cereals hold a significant place in the country's agricultural and culinary landscape, positioning the nation as both a major producer and consumer of these staple crops. As cereal consumption increases, so does the demand for expanded cultivation, reflected in the steady growth of harvested areas for cereals. According to FAOSTAT, the area harvested for cereals in Vietnam increased from 7.97 million hectares in 2022 to 7.99 million hectares in 2023. Given that self-propelled combine harvesters are widely used for cereal crops, this growth in cultivation directly drives the demand for such machinery, supporting market expansion.
Self-propelled combine harvesters, equipped with powerful engines, are essential in ensuring efficient harvesting and enhancing productivity. This focus on improved efficiency and output drives the adoption of these machines. In Vietnam, these harvesters are primarily used in regions with significant rice cultivation, including the Mekong Delta and Red River Delta, which account for a large share of the country's rice production. Additionally, the practice of custom hiring, where larger farmers or cooperatives lease out harvesters to small-scale farmers, has increased the use of this equipment across the nation.
As Vietnam continues to expand its cereal cultivation, the increasing adoption of self-propelled combine harvesters contributes to modernizing agricultural practices and maintaining market growth.
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Vietnam Combine Harvester Industry Overview
Vietnam Combine Harvester Market is consolidated with the major companies occupying the high market share. Kubota Corporation, CLAAS KGaA mbH, Yanmar America Corporation, Vietnam Engine and Agricultural Machinery Corporation, and CNH Industrial N.V. are the largest companies that provide combine harvesters in the Vietnamese market. They are also heavily investing in developing new products while collaborating with and acquiring other companies, which may increase their market shares while strengthening their R&D activities.
Vietnam Combine Harvester Market Leaders
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Kubota Corporation
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CLAAS KGaA mbH
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Yanmar America Corporation
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Vietnam Engine and Agricultural Machinery Corporation
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CNH Industrial N.V.
- *Disclaimer: Major Players sorted in no particular order
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Vietnam Combine Harvester Market News
- November 2023: Massey Ferguson, a global brand under AGCO, has implemented new features to improve the performance and efficiency of its MF IDEAL combine harvester range. The updates, deployed globally including Vietnam, include increased engine power for the MF IDEAL 7, a feeder house dust extractor, and enhanced headland management capabilities within the MF Auto Turn system.
- March 2023: A combined grain harvester manufactured by Weichai Lovol, a Vietnam-based company has passed the assessment standards and is recognized as a leading national standard product.
Vietnam Combine Harvester Industry Segmentation
A combine harvester is an agricultural machine used to harvest different kinds of crops by simultaneously reaping, threshing, and winnowing. The Vietnam Combine Harvester Market is segmented by type into Tractor-on-Top (TOT) Combine Harvesters, Tractor-Powered Combine Harvesters, and Track-Type Combine Harvesters. The report offers market size and forecasts in terms of value in (USD) for all the above segments.
| Type | Tractor-on-Top (TOT) Combine Harvesters |
| Tractor-Powered Combine Harvesters | |
| Track-Type Combine Harvesters |
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Vietnam Combine Harvester Market Research FAQs
How big is the Vietnam Combine Harvester Market?
The Vietnam Combine Harvester Market size is expected to reach USD 149.31 billion in 2025 and grow at a CAGR of 11.90% to reach USD 261.96 billion by 2030.
What is the current Vietnam Combine Harvester Market size?
In 2025, the Vietnam Combine Harvester Market size is expected to reach USD 149.31 billion.
Who are the key players in Vietnam Combine Harvester Market?
Kubota Corporation, CLAAS KGaA mbH, Yanmar America Corporation, Vietnam Engine and Agricultural Machinery Corporation and CNH Industrial N.V. are the major companies operating in the Vietnam Combine Harvester Market.
What years does this Vietnam Combine Harvester Market cover, and what was the market size in 2024?
In 2024, the Vietnam Combine Harvester Market size was estimated at USD 131.54 billion. The report covers the Vietnam Combine Harvester Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Vietnam Combine Harvester Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Vietnam Combine Harvester Industry Report
Statistics for the 2025 Vietnam Combine Harvester market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Vietnam Combine Harvester analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
