Haying and Forage Machinery are used to harvest the crops and forage plants which are then fed to livestock. As there is increasing consumption of livestock products on a regular basis, farmers are growing more forage crops to feed the growing livestock population. This is driving the market for haying and forage machinery. In addition, increasing governments initiative in the form of subsidies to help farmers purchase forage and haying machines is expected to boost the adoption of agricultural haying and forage machinery during the forecast period. How ever, high machinery cost and lack of credit facility to meet the high cost are expected to be the restraining factor for the growth of the market in many developing nations across the globe. By Geography, North America is expected to dominate the market share on account of eary adoption of technology and highly evolved commercial agriculture sector in the region couple with increasing area under forage crops.
DRIVERS
Increasing consumption rate of livestock products
Rising government support to farmers
RESTRAINT
High machinery cost
Small farm size
INDUSTRY UPDATE
Kemper announced in June 2019, that it has established a strategic agreement with Scherer (based in the US) to offer kernel processors (corn crackers) and rolls for various brands of forage harvester.
In October 2017, AGCO Corporation acquired a forage division of Lely Group, New Zealand, a leading manufacturer of equipment like round balers, rakes, loader wagons, tedders, mowers, and tillage products
SEGMENTATION
The Agricultural haying and Forage Machinery Market has been analyzed through the following segments:
By Type
Mowers
Balers
Tedders and Rakes
Forage Harvesters
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
Israel
Others
Asia Pacific
China
Japan
South Korea
India
Others
1. INTRODUCTION
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER’S FIVE FORCE ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. AGRICULTURAL HAYING AND FORAGE MACHINERY MARKET BY TYPE
5.1. MOWERS
5.2. BALERS
5.3. TEDDERS AND RAKES
5.4. FORAGE HARVESTER
5.5. OTHERS
6. AGRICULTURAL HAYING AND FORAGE MACHINERY MARKET BY GEOGRAPHY
6.1. NORTH AMERICA
6.1.1. USA
6.1.2. CANADA
6.1.3. MEXICO
6.2. SOUTH AMERICA
6.2.1. BRAZIL
6.2.2. ARGENTINA
6.2.3. OTHERS
6.3. EUROPE
6.3.1. GERMANY
6.3.2. FRANCE
6.3.3. UNITED KINGDOM
6.3.4. SPAIN
6.3.5. OTHERS
6.4. MIDDLE EAST AND AFRICA
6.4.1. SAUDI ARABIA
6.4.2. ISRAEL
6.4.3. OTHERS
6.5. ASIA PACIFIC
6.5.1. CHINA
6.5.2. JAPAN
6.5.3. SOUTH KOREA
6.5.4. INDIA
6.5.5. OTHERS
7. COMPETITIVE INTELLIGENCE
7.1. COMPANY BENCHMARKING AND ANALYSIS
7.2. RECENT INVESTMENT AND DEALS
7.3. STRATEGIES OF KEY PLAYERS
8. COMPANY PROFILES
8.1. AGCO
8.2. CLAAS
8.3. CNH INDUSTRIAL
8.4. DEERE AND COMPANY
8.5. KUBOTA
8.6. BUHLER INDUSTRIES
8.7. IHI CORPORATION
8.8. KRONE NORTH AMERICA, INC.
8.9. KUHN GROUP
8.10. LELY
LIST OF FIGURES
LIST OF TABLES
AGCO
CLAAS
CNH Industrial
Deere and company
Kubota
Buhler Industries
IHI Corporation
Krone North America, Inc.
Kuhn Group
Lely
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