Global Haying and Forage Machinery Market to Grow at a CAGR of 5.1% During the Period 2016-2020

The Report Global Haying and Forage Machinery Market 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. -


Albany, NY -- (SBWIRE) -- 07/07/2016 -- 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.

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Technavios 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:
North America

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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.
CNH Industrial
Deere & Co.

Other prominent vendors
Buhler Industries
KUHN Group
Same Deutz-Fahr Deutschland

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?

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