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  5. > Global Agricultural Haying and Forage Machinery Market- By Type, Application and Geography-Market Shares, Forecasts And Trends (2017 - 2022)

The market size of the haying and forage machinery industry is expected to reach USD 10.79 billion by 2022, growing at a CAGR of 3.74% during the forecast period 2016-2022. Haying & forage machinery is used to produce plant-based feed for the livestock industry. The haying & forage machinery industry and livestock industry are interrelated and have grown simultaneously.

The production of hay is a difficult process since it involves some external factors for sustainability like climate and the conditioning of the hay. New machinery that can control the condition can help industry grab the opportunity to market the haying and forage machinery industry in a better way.

Market Dynamics

The main drivers of the growth in this market are the increasing consumption rates of livestock products on a regular basis, a direct result of increasing affluence and disposable income across the globe. In addition, labor shortage in North America, Europe, and other highly urbanized and affluent countries is another driving factor. The high machinery cost and unavailability of credit options are some of the most important constraints in the developing countries. Due to the increasing cost of raw materials, manufacturers have stopped purchasing them. Reasonable prices could increase the sales of foraying machines mainly in developing countries in Asia-Pacific and Africa. Of late, in underdeveloped countries like South Africa, industrial investments are at their peak in order to strengthen the economy as well as the infrastructure. Epidemic livestock diseases, which are unpredictable and unavoidable, are a major constraint that slows down the sales of the machinery.

Market Segmentation

The market has been segmented based on the product & phase type, application type and by geography.

Segmentation by Product & Phase Type:

Pull type forage harvester

Forage blower

Segmentation by Application Type:

Mowers

Conditioners

Tedders or inverters

Hay rakes

Segmentation by Geography:

North America (US, Canada, Mexico, and Others)

South America ( Brazil, Argentina, and Others

Europe (Germany, Uk, France, Spain, Italy, and Others)

Asia-Pacific ( India, China, Japan, and Others)

Africa and the Middle East ( South Africa and Others)

Manufacturers use high-end foraying machines to manufacture good quality feed to differentiate their products. Some of the key players that lead the industry are mainly targeting the Asia-Pacific and Africa region where industrialization and development of infrastructure are going on. Innovation and marketing of the products are some of the key strategies that firms are adopting to expand their business. Major players are

AGCO Corporation,

Alois Pöttinger Maschinenfabrik GmbH

Buhler Industries, Inc.

CLAAS KGaA mbH, CNH Industrial N.V.

Deere & Company (John Deere), Kubota Corp.,

Kverneland Group,

Kuhn Group
Lely Group

Table Of Contents

Global Agricultural Haying and Forage Machinery Market- By Type, Application and Geography-Market Shares, Forecasts And Trends (2017 - 2022)
1. Introduction

1.1 Study Deliverables

1.2 Key Findings of the Study

2. Research Methodology

2.1 Introduction

2.2 Analysis Methodology

2.3 Study Phase

2.4 Econometric Modelling

3. Executive Summary

4. Market Overview and Technology Trends

4.1 Current Market Scenario

4.2 Technology Trends

5. Market Dynamics

5.1 Drivers

5.2 Restraints

5.3 Opportunities

5.4 Value and Supply Chain Analysis

5.5 Porter's Five Forces Framework

5.5.1 Bargaining Power of Suppliers

5.5.2 Bargaining Power of Consumers

5.5.3 Threat of New Entrants

5.5.4 Threat of Substitute Products and Services

5.5.5 Competitive Rivalry within the Industry

6. Global Haying and Forage Market Segmentation by Product and Phase Type:

6.1 Pull Type Forage Harvester

6.2 Forage Blower

7. Global Haying and Forage Market Segmentation by Application Type:

7.1 Mowers

7.2 Conditioners

7.3 Tedders or Inverters

7.4 Hay Rakes

8. Global Haying and Forage Market Segmentation by Geography

8.1 North America

8.1.1 U.S.

8.1.2 Canada

8.1.3 Mexico

8.1.4 Other

8.2 Europe

8.2.1 Germany

8.2.2 U.K.

8.2.3 France

8.2.4 Spain

8.2.5 Italy

8.2.6 Others

8.3 Asia-Pacific

8.3.1 China

8.3.2 Japan

8.3.3 India

8.3.4 Australia

8.3.5 Others

8.4 South America

8.4.1 Brazil

8.4.2 Argentina

8.4.3 Other

8.5 Africa

8.5.1 South Africa

8.5.2 Others

9. Competitive Landscape

9.1 Introduction

9.2 Market Share Analysis

9.3 Latest Products and Developments of Key Players

10. Company Profiles

10.1 AGCO Corporation,

10.2 Alois

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