Global haying and forage machinery Market to grow at a CAGR of 3.74% during the period 2014-2019; Finds New Report

Report forecast the global haying and forage machinery market to grow at a CAGR of 3.74 percent during the period 2014-2019.

Haying and forage machinery are equipment used for the production of plant-based feed for animals. With increasing mechanization of farming worldwide, the agriculture industry is relying on equipment to enhance forage quality, output, cost-effectiveness, and processes such as the rate of drying. The market encompasses a variety of machines such as mowers, balers, forage harvesters, rakes, and tedders. The global haying and foraging market is growing in congruence with the global livestock industry as hay is an important component of feed for livestock. 

The report covers the present scenario and the growth prospects of the global haying and forage machinery market for the period 2015-2019. To calculate the market size, the report considers unit shipments of balers, forage harvesters, and others.

According to the report, the disposable incomes of people in developing countries are increasing, which has led to a surge in consumption of these products. The resulting rise in demand for hay and forage has compelled equipment vendors to introduce new products for farming productivity. The graph below shows a comparison between the current and projected global consumption of meat.

Further, the report states that financial constraints will remain a challenge in the market for years to come.

Global Haying and Forage Machinery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Europe, the Americas, APAC, and ROW; it also covers the global haying and forage machinery market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in Global Haying and Forage Machinery Market 2015-2019:  AGCO, Alois Pöttinger, CLAAS, CNH Industrial, Deere and Company and Kubota

Other Prominent Vendors in the market are: Buhler Industries, Foton Lovol, IHI, Krone, KUHN Group, Kverneland Group, Lely and Vermeer

Key Regions

• Americas
• APAC
• Europe
• ROW

Market Driver

• Increased consumption of meat and dairy products
• For a full, detailed list, view our report

Market Challenge

• Financial constraints
• 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 2019 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?

Spanning over 96 pages and 46 Exhibits “Global Haying and Forage Machinery Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Product, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4sE

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