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Agricultural Mowers Market Forecast Report: USD 425 Million Growth Opportunity by 2025, Driven by Rising Need to Boost Hay Making Performance in Fields - Technavio

Technavio (PRNewsfoto/Technavio)

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Technavio

Jul 12, 2022, 02:45 ET

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NEW YORK, July 12, 2022 /PRNewswire/ -- The agricultural mowers market size is set to grow by USD 425 million from 2020 to 2025 progressing at a CAGR of 5.02% as per the latest market report by Technavio. 33% of the market's growth will originate from North America during the forecast period. The US is the key market for agricultural mowers market in North America. Market growth in this region will be slower than the growth of the market in APAC. Technological advances for better cultivation practices will facilitate the agricultural mowers market growth in North America over the forecast period.

Technavio has announced its latest market research report titled Agricultural Mowers Market by Product and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Agricultural Mowers Market by Product and Geography - Forecast and Analysis 2021-2025

Evaluate growth strategies by getting insights into the regional segment -Grab a sample now!

Agricultural Mowers Market: Scope

The agricultural mowers market covers the following areas:

  • Agricultural Mowers Market Sizing
  • Agricultural Mowers Market Forecast
  • Agricultural Mowers Market Analysis
Agricultural Mowers Market: Market Dynamics

Major Driver:

  • The rising need to boost hay-making performance in fields is a major factor driving the global agricultural mowers market share growth. Mower's efficiency will have a major impact on the success and speed of the hay-making process. It is also an essential step to produce high-quality forage. Mowing at the correct maturation period provides improved yield, relatively low fiber content, adequate energy content, and required protein content. Thus, forage crops should be mown at the right maturity to optimize yield and quality. The optimum maturity of forage crops varies among forage species.
  • Normally this optimum maturity occurs in the late vegetative to early reproductive stages. Mowing at this time provides adequate energy and protein contents. Mowing is a primary activity for haymaking. The amount of crop mown in a certain period has a direct impact on the overall hay and forage production. Therefore, agricultural mowers are available with different cutting widths to suit the requirement of small, medium, and large-sized farms. 

Major Challenges:

  • The growing demand for substitute agricultural equipment will be a major challenge for the global agricultural mowers market share growth. The availability of substitute machinery can negatively impact market growth. Many vendors offer mower conditioners that can perform both the applications of a mower and a conditioner. Mower conditioners offer more benefits compared to agricultural mowers. Mower conditioners are highly adopted in adverse weather, especially in wet weather conditions. Agricultural mowers do not alter the dry content in crops, but the conditioning action helps crops to dry faster and minimize the risk of wet weather impact on crop growth. Instead of cutting the crops, mower conditioners can crack, split, and abrade the plant stem to enable good airflow and facilitate the loss of moisture.
  • The drying rate of forage crops can be increased when a mower-conditioner is used. Farmers get the benefit of using a single piece of equipment to perform both operations in the field. Some of the key leading vendors are also focusing on launching new models of mower conditioners with improved features. All these advantages of mower conditioners can challenge the adoption of agricultural mowers.

Refine your marketing strategies by knowing more about drivers & challenges - Request a sample report now!

Agricultural Mowers Market: Segmentation Assessment

Technavio analyzes the Agricultural Mowers Market by Product (disc, sickle bar, drum, and flail) and Geography (North America, Europe, APAC, South America, and MEA). The report provides an accurate prediction of the contribution of all the segments to the growth of the agricultural mowers market size and actionable market insights on the post-COVID-19 impact on each segment.

Agricultural Mowers Market: Vendor Assessment

The agricultural mowers market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

  • AGCO Corp.
  • Buhler Industries Inc.
  • CLAAS Group
  • CNH Industrial NV
  • Deere & Co.
  • Kubota Corp.
  • KUHN SAS
  • Maschinenfabrik Bernard Krone GmbH & Co. KG
  • STIGA Spa
  • Vermeer Corp.
  • To gain access to vendor profiles with their key offerings available with Technavio - Click Now!
Related Reports:
  • The precision agriculture market share is expected to increase by USD 6.03 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 13.55%.
  • The farm automated weather stations market size is predicted to surge by USD 29687.41 thousand from 2021 to 2026 at a CAGR of 7.09%.

Agricultural Mowers Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.02%

Market growth 2021-2025

USD 425 million

Market structure

Fragmented

YoY growth (%)

4.51

Performing market contribution

North America at 33%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AGCO Corp., Buhler Industries Inc., CLAAS Group, CNH Industrial NV, Deere & Co., Kubota Corp., KUHN SAS, Maschinenfabrik Bernard Krone GmbH & Co. KG, STIGA Spa, and Vermeer Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis - Agricultural and farm machinery

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2020
  • 3.4 Market outlook: Forecast for 2020 - 2025
    • Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
    • Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)

4 Five Forces Analysis

  • 4.1 Five force summary
    • Exhibit 08: Five forces analysis 2020 & 2025
  • 4.2 Bargaining power of buyers
    • Exhibit 09: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 10: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 11: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 12: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 13: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 14: Market condition - Five forces 2020

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 15: Product - Market share 2020-2025 (%)
  • 5.2 Comparison by Product
    • Exhibit 16: Comparison by Product
  • 5.3 Disc - Market size and forecast 2020-2025
    • Exhibit 17: Disc - Market size and forecast 2020-2025 ($ million)
    • Exhibit 18: Disc - Year-over-year growth 2020-2025 (%)
  • 5.4 Sickle bar - Market size and forecast 2020-2025
    • Exhibit 19: Sickle bar - Market size and forecast 2020-2025 ($ million)
    • Exhibit 20: Sickle bar - Year-over-year growth 2020-2025 (%)
  • 5.5 Drum - Market size and forecast 2020-2025
    • Exhibit 21: Drum - Market size and forecast 2020-2025 ($ million)
    • Exhibit 22: Drum - Year-over-year growth 2020-2025 (%)
  • 5.6 Flail - Market size and forecast 2020-2025
    • Exhibit 23: Flail - Market size and forecast 2020-2025 ($ million)
    • Exhibit 24: Flail - Year-over-year growth 2020-2025 (%)
  • 5.7 Market opportunity by Product
    • Exhibit 25: Market opportunity by Product

6 Customer landscape

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 27: Market share by geography 2020-2025 (%)
  • 7.2 Geographic comparison
    • Exhibit 28: Geographic comparison
  • 7.3 North America - Market size and forecast 2020-2025
    • Exhibit 29: North America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 30: North America - Year-over-year growth 2020-2025 (%)
  • 7.4 Europe - Market size and forecast 2020-2025
    • Exhibit 31: Europe - Market size and forecast 2020-2025 ($ million)
    • Exhibit 32: Europe - Year-over-year growth 2020-2025 (%)
  • 7.5 APAC - Market size and forecast 2020-2025
    • Exhibit 33: APAC - Market size and forecast 2020-2025 ($ million)
    • Exhibit 34: APAC - Year-over-year growth 2020-2025 (%)
  • 7.6 South America - Market size and forecast 2020-2025
    • Exhibit 35: South America - Market size and forecast 2020-2025 ($ million)
    • Exhibit 36: South America - Year-over-year growth 2020-2025 (%)
  • 7.7 MEA - Market size and forecast 2020-2025
    • Exhibit 37: MEA - Market size and forecast 2020-2025 ($ million)
    • Exhibit 38: MEA - Year-over-year growth 2020-2025 (%)
  • 7.8 Key leading countries
    • Exhibit 39: Key leading countries
  • 7.9 Market opportunity by geography
    • Exhibit 40: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
    • Exhibit 41: Impact of drivers and challenges
  • 8.3 Market trends

9 Vendor Landscape

  • 9.1 Vendor Landscape
    • Exhibit 42: Vendor landscape
  • 9.2 Landscape disruption
    • Exhibit 43: Landscape disruption
    • Exhibit 44: Industry risks

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 45: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 46: Market positioning of vendors
  • 10.3 AGCO Corp.
    • Exhibit 47: AGCO Corp. - Overview
    • Exhibit 48: AGCO Corp. - Business segments
    • Exhibit 49: AGCO Corp. - Key news
    • Exhibit 50: AGCO Corp. - Key offerings
    • Exhibit 51: AGCO Corp. - Segment focus
  • 10.4 Buhler Industries Inc.
    • Exhibit 52: Buhler Industries Inc. - Overview
    • Exhibit 53: Buhler Industries Inc. - Business segments
    • Exhibit 54: Buhler Industries Inc. - Key offerings
    • Exhibit 55: Buhler Industries Inc. - Segment focus
  • 10.5 CLAAS Group
  • 10.6 CNH Industrial NV
    • Exhibit 60: CNH Industrial NV - Overview
    • Exhibit 61: CNH Industrial NV - Business segments
    • Exhibit 62: CNH Industrial NV - Key news
    • Exhibit 63: CNH Industrial NV - Key offerings
    • Exhibit 64: CNH Industrial NV - Segment focus
  • 10.7 Deere & Co.
    • Exhibit 65: Deere & Co. - Overview
    • Exhibit 66: Deere & Co. - Business segments
    • Exhibit 67: Deere & Co. – Key news
    • Exhibit 68: Deere & Co. - Key offerings
    • Exhibit 69: Deere & Co. - Segment focus
  • 10.8 Kubota Corp.
    • Exhibit 70: Kubota Corp. - Overview
    • Exhibit 71: Kubota Corp. - Business segments
    • Exhibit 72: Deere & Co. – Key news
    • Exhibit 73: Kubota Corp. - Key offerings
    • Exhibit 74: Kubota Corp. - Segment focus
  • 10.9 KUHN SAS
    • Exhibit 75: KUHN SAS - Overview
    • Exhibit 76: KUHN SAS - Product and service
    • Exhibit 77: KUHN SAS - Key news
    • Exhibit 78: KUHN SAS - Key offerings
  • 10.10 Maschinenfabrik Bernard Krone GmbH & Co. KG
    • Exhibit 79: Maschinenfabrik Bernard Krone GmbH & Co. KG - Overview
    • Exhibit 80: Maschinenfabrik Bernard Krone GmbH & Co. KG - Product and service
    • Exhibit 81: Maschinenfabrik Bernard Krone GmbH & Co. KG - Key news
    • Exhibit 82: Maschinenfabrik Bernard Krone GmbH & Co. KG - Key offerings
  • 10.11 STIGA Spa
    • Exhibit 83: STIGA Spa - Overview
    • Exhibit 84: STIGA Spa - Product and service
    • Exhibit 85: STIGA Spa - Key offerings
  • 10.12 Vermeer Corp.
    • Exhibit 86: Vermeer Corp. - Overview
    • Exhibit 87: Vermeer Corp. - Product and service
    • Exhibit 88: Vermeer Corp. - Key news
    • Exhibit 89: Vermeer Corp. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Currency conversion rates for US$
    • Exhibit 90: Currency conversion rates for US$
  • 11.3 Research methodology
    • Exhibit 91: Research Methodology
    • Exhibit 92: Validation techniques employed for market sizing
    • Exhibit 93: Information sources
  • 11.4 List of abbreviations
    • Exhibit 94: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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