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Global Haying and Forage Machinery Market 2016-2020

Global Haying and Forage Machinery Market 2016-2020

About the Haying and Forage Machinery Market

Hay is grass or legumes that have been cut, dried, stored, and transformed into bales for feeding livestock. It is used as animal fodder animals are not able to graze due to unsuitable weather, like drought, or when animals are kept in stables or barns. Haying machinery is used to cut the crops, which are then stored in the form of bales or silage. Forage is plant material that livestock graze on. Forage machinery is widely used for harvesting forage grains. The global haying and forage machinery market constitutes a small part of the global agricultural machinery market.

Technavio’s analysts forecast the global haying and forage machinery market to grow at a CAGR of 5.1% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global haying and forage machinery market for 2016-2020. To calculate the market size, we considered the unit shipments of haying and forage machinery globally. The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Haying and Forage Machinery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AGCO Corp.
  • CLAAS
  • CNH Industrial
  • Deere & Co.
  • Pottinger
Other prominent vendors
  • Buhler Industries
  • Iseki
  • Krone
  • Kubota
  • KUHN Group
  • Kverneland
  • Lely
  • Same Deutz-Fahr Deutschland
  • Vermeer
Market driver
  • Increasing demand for high-capacity machinery
  • For a full, detailed list, view our report
Market challenge
  • Volatility in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Incorporation of precision farming technologies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Haying and Forage Machinery Market 2016-2020

Technavio recognizes the following companies as the key players in the global haying and forage machinery market: AGCO Corp., CLAAS, CNH Industrial, Deere & Co., and Pottinger.

Other Prominent Vendors in the market are: Buhler Industries, Iseki, Krone, Kubota, KUHN Group, Kverneland, Lely, Same Deutz-Fahr Deutschland, and Vermeer.

Commenting on the report, an analyst from Technavio’s team said: “A trend which is propelling market growth is the incorporation of precision farming technologies. Precision farming is one of the major trends that drives the need for haying and forage machinery. Precision farming also uses machines with automated steering and advanced technology, which improves profitability and productivity. Fendt allows a single driver to control two tractors, which reduces the wastage of seeds during planting. In 2015, AGCO signed an agreement with Precision Planting to use AGCO’s FUSE technology for precision farming. This technology will also provide on-farm data to farmers using digital tools.”

According to the report, a key growth driver is the rising demand for high-capacity machinery. Mechanization of farming practices and farm consolidation in emerging economies are increasing the demand for high-capacity haying machinery. High-capacity machinery provides high-quality output with increasing ownership cost, and it has low maintenance. Pull-type forage harvesters are high-capacity machines that provide better sharpening and cutting ability in the terrain. The machine includes a header and cylindrical cutter with a rotating knife. One of the pull-type forage harvesters is Case IH FHX300 with 1,000 rpm driveline, wide header, and heavy-duty components.

Further, the report states that one challenge that could hamper market growth is volatility in raw material prices. The cost of haying and forage machinery includes the cost of raw materials like steel, rubber, and iron. The costs of these raw materials are subject to fluctuations, which poses a threat to the profit margin of vendors.

Companies Mentioned

AGCO Corp., CLAAS, CNH Industrial, Deere & Co., Pottinger, Buhler Industries, Iseki, Krone, Kubota, KUHN Group, Kverneland, Lely, Same Deutz-Fahr Deutschland, Vermeer.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Global agricultural machinery market: Overview
      • Table Global agricultural machinery market: Overview
      • Table Global agricultural machinery market 2015-2020 ($ billions)
    • Global haying and forage machinery market: Overview
      • Table Global haying and forage machinery market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global haying and forage machinery market by product
      • Table Global haying and forage machinery market by product 2015 ($ billions)
      • Table Global haying and forage machinery market by product 2020 ($ billions)
    • Global haying machinery market
      • Table Types of mowers
      • Table Global haying machinery market 2015-2020 ($ billions)
    • Global forage machinery market
      • Table Global forage machinery market 2015-2020 ($ billions)
  • Geographical segmentation
    • Table Global Haying and Forage Machinery market by geography 2015
    • Table Global haying and forage machinery market by geography 2020
    • Table Global haying and forage machinery market by geography 2015-2020
    • Haying and forage machinery market in APAC
      • Table Haying and forage machinery market in APAC 2015-2020 ($ billions)
    • Haying and forage machinery market in Europe
      • Table Haying and forage machinery market in Europe 2015-2020 ($ billions)
    • Haying and forage machinery market in North America
      • Table Haying and forage machinery market in North America 2015-2020 ($ billions)
    • Haying and forage machinery market in ROW
      • Table Haying and forage machinery market in ROW 2015-2020 ($ billions)
  • Key leading countries
    • Table Key leading countries
  • Market drivers
    • Increasing demand for high-capacity machinery
    • Increasing government initiatives
    • Growing investment opportunities in agricultural sector
    • Increased consumption of livestock and dairy products
    • Shortage of labor
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Decline in agricultural commodity prices
    • Volatility in raw material prices
      • Table Raw material and its use
    • Sales of preowned machinery
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Incorporation of precision farming technologies
    • New product development
    • Growing utilization of telematics
    • Use of alternative fuels
  • Vendor landscape
    • Other prominent vendors
  • Key vendor analysis
    • AGCO Corp. (AGCO)
      • Table AGCO: Product segmentation by revenue 2015
      • Table AGCO: Product segmentation by revenue 2014 and 2015 ($ billions)
      • Table AGCO: Geographical segmentation by revenue 2015
      • Table AGCO: Product portfolio
    • CLAAS
      • Table CLAAS: Product segmentation
      • Table CLAAS: Geographical segmentation by revenue 2015
    • CNH Industrial
      • Table CNH: Business segmentation by revenue 2015
      • Table CNH: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table CNH: Geographical segmentation by revenue 2015
      • Table CNH: Product portfolio
    • Deere & Co. (John Deere)
      • Table John Deere: Business segmentation by revenue 2015
      • Table John Deere: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table John Deere: Geographical segmentation by revenue 2015
      • Table John Deere: Product portfolio
    • Pottinger
      • Table Pottinger: Product segmentation
      • Table Pottinger: Geographical segmentation by revenue 2015
  • Appendix
    • List of abbreviations
  • Explore Technavio

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