Albany, NY -- (SBWIRE) -- 05/13/2015 -- 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.

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

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Covered in this Report

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.

New report, 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.

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Key Regions

Americas
APAC
Europe
ROW

Key Vendors

AGCO
Alois Pöttinger
CLAAS
CNH Industrial
Deere and Company
Kubota

Other Prominent Vendors

Buhler Industries
Foton Lovol
IHI
Krone
KUHN Group
Kverneland Group
Lely
Vermeer

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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?

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