Global Agricultural Haying & Forage Machinery Market Analysis 2019

Global Agricultural Haying & Forage Machinery Market Analysis 2019

The Global Agricultural Haying & Forage Machinery Market is expected to grow at a CAGR of 5.27% during the forecast period. Haying and forage machinery is utilized in order to cater to the rising demand for plant-based feed for animals. Growing demand for automation in farming sector across the globe is likely to boost the haying and forage machinery market during forecast period. Agricultural machinery is machinery used in farming or other agriculture. Raising demand for livestock population and increase in the concern of animal feed, growing demand for automation industry for the agricultural machinery equipment are some of the factors fuelling the market growth. However, low commodity prices and increase in the government subsidies are restricting the market growth.

Based on the type, mowers segment has lucrative market share during the forecast period. A mower is a machine that cuts (mows) grass or other plants that grow on the ground. Usually mowing is distinguished from reaping, which uses similar implements, but is the traditional term for harvesting grain crops. A smaller mower used for lawns and sports grounds is called a lawn mower or grounds mower, which is often self-powered, or may also be small enough to be pushed by the operator. Grounds mowers have reel or rotary cutters. Larger mowers or mower-conditioners are mainly used to cut grass for hay or silage and often place the cut material into rows, which are referred to as windrows.

By geography, North America region is driven by advancements in the technology have led to the introduction of self-propelled balers, which are equipped with technology that offers unprecedented ride quality and maneuverability.

The key vendors mentioned are Yanmar Company Limited, Kuhn Group, Kubota Corporation, Krone North America Inc., Farm King, Deere & Company (John Deere), CNH Industrial, CLAAS, AGCO Corporation.

Applications Covered:
• Large Farm
• Small and Medium Farm

Types Covered:
• Balers
• Forage Harvesters
• Mowers
• Tedders and Rakes

Sales Channel Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:
• How this market evolved since the year 2016
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period