NEW YORK, May 14, 2015 /PRNewswire/ -- About Haying and Forage Machinery
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.
Technavio's analysts forecast the global haying and forage machinery market to grow at a CAGR of 3.74 percent during the period 2014-2019.
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.
Technavio's 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.
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
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 ?
Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Companies Mentioned
AGCO, Alois Pöttinger, CLAAS, CNH Industrial, Deere and Company, Kubota, Buhler Industries, Foton Lovol, IHI, Krone, KUHN Group, Kverneland Group, Lely, Vermeer
Read the full report: http://www.reportlinker.com/p02947681-summary/view-report.html
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