About Hay
Hay is grass or legumes that have been cut, dried, stored, and transformed into bales for feeding livestock. It is used as animal fodder when animals are not able to graze due to unsuitable weather or when they are kept in stables or barns. Haying machinery is used to cut the crops, which are then stored in the form of silage or bales. Forage is plant material that livestock graze on. Forage machinery is widely used for harvesting forage grains. The North American haying and forage machinery market constitutes a dominant part of the global haying and forage machinery market that accounts for a small portion, i.e., 7.78% of the global agricultural machinery market.
Technavio's analysts forecast the haying and forage machinery market in North America to grow at a CAGR of 5.25% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the haying and forage machinery market in North America for 2016-2020. To calculate the market size, the report considers the revenue generated from the total market sales of haying and forage machinery to agricultural farmers in North America.
The market is divided into the following segments based on geography:
- Haying machinery
- Forage machinery
Technavio's report, Haying and Forage Machinery Market in North America 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
- CLAAS
- CNH Industrial
- Deere
- KUHN
Other Prominent Vendors
- Buhler Industries
- Iseki
- Krone
- Kubota
- Kverneland
- Lely
- Vermeer
Market driver
- Advent of high-capacity haying machinery
- For a full, detailed list, view our report
Market challenge
- Increasing sales of preowned machinery
- 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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-competitor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Market landscape
- Market overview
- Global haying and forage machinery market: Overview
- Haying and forage machinery market in North America
- Five forces analysis
- PESTLE analysis
PART 06: Market segmentation by product
- Market overview
- Haying machinery market in North America
- Forage machinery market in North America
PART 07: Key leading countries
PART 08: Market drivers
- Advent of high-capacity haying machinery
- Rising adoption of farm mechanization practices
- Government subsidies for haying and forage machinery
- Labor shortage in North America
- Increased consumption of meat and dairy products
PART 09: Impact of drivers
PART 10: Market challenges
- Increasing sales of preowned machinery
- Epidemic livestock disease
- Decline in agricultural commodity prices
- Fluctuation in raw material prices
PART 11: Impact of drivers and challenges
PART 12: Market trends
- Incorporation of precision farming technologies
- New haying and forage machinery development
- Growing use of telematics
- Use of alternative fuels
PART 13: Competitive landscape
- Competitive scenario
- Other prominent vendors
PART 14: Key competitor analysis
- AGCO
- CLAAS
- CNH Industrial
- Deere and Co.
- KUHN
PART 15: Appendix
PART 16: Explore Technavio
List of Exhibits
- Exhibit 01: Ecosystem of haying and forage machinery market in North America
- Exhibit 02: Product offerings of top competitors
- Exhibit 03: Agricultural machinery market scenario 2015
- Exhibit 04: Global haying and forage machinery market 2015-2020 ($ billions)
- Exhibit 05: Haying and forage machinery market in North America 2016-2020 ($ billions)
- Exhibit 06: Five forces analysis
- Exhibit 07: PESTLE analysis
- Exhibit 08: Haying and forage machinery market in North America by product
- Exhibit 09: Global haying and forage machinery market breakdown in 2015 and 2020
- Exhibit 10: Types of mowers
- Exhibit 11: Haying machinery market in North America 2016-2020 ($ billions)
- Exhibit 12: Forage machinery market in North America 2016-2020 ($ millions)
- Exhibit 13: North America haying and forage machinery market by products 2016-2020 ($ billions)
- Exhibit 14: Key leading countries 2015
- Exhibit 15: Haying and forage machinery market in the US ($ billions)
- Exhibit 16: Haying and forage machinery market in Canada ($ billions)
- Exhibit 17: Haying and forage machinery market Mexico ($ millions)
- Exhibit 18: North America haying and forage machinery market by key countries 2016-2020 ($ billions)
- Exhibit 19: Market growth drivers
- Exhibit 20: Key advantages of farm mechanization
- Exhibit 21: Impact of drivers
- Exhibit 22: Market challenges
- Exhibit 23: Raw material and its use
- Exhibit 24: Impact of drivers and challenges
- Exhibit 25: Growing market trends
- Exhibit 26: Competitive analysis of the competitors of haying and forage machinery market in North America 2016-2020
- Exhibit 27: Geographical segmentation of AGCO by revenue 2015
- Exhibit 28: Product portfolio of AGCO
- Exhibit 29: Global product segmentation of AGCO by revenue 2015
- Exhibit 30: Recent highlights of AGCO
- Exhibit 31: Geographical segmentation of CLAAS by revenue 2015
- Exhibit 32: Product portfolio of CLAAS
- Exhibit 33: Recent highlights of CLAAS
- Exhibit 34: Geographical segmentation of CNH Industrial by revenue 2015
- Exhibit 35: Product portfolio of CNH Industrial
- Exhibit 36: Recent highlights of CNH
- Exhibit 37: Geographical segmentation of Deere and Co. by revenue 2015
- Exhibit 38: Product portfolio of Deere and Co.
- Exhibit 39: Recent highlights of Deere and Co.
- Exhibit 40: Product portfolio of KUHN
- Exhibit 41: Recent highlights of KUHN
