Germany Haying and Forage Machinery Market Size, Trends 2030
Germany Haying and Forage Machinery Market Size, Trends 2030
Segments - Germany Haying and Forage Machinery Market by Types (Mowers, Balers, Forage Harvesters, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :CM-2740
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| 203 Pages
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Report Description
The Germany haying and forage machinery market size is estimated to register a considerable CAGR during the forecast period, 2021–2028. The growth of market is attributed to increased demand for forage and other feed by the cattle sector, as well as a labor shortfall.
Despite a high population density agriculture occupies half of the national land. In around 270,000 agricultural firms, almost a million people generate items worth approximately 50 billion Euros each year.
Increasing worries about food security are encouraging farmers to employ agricultural haying and forage machines to satisfy growing demands. Furthermore, the market is expanding as a result of the increasing trend of precision farming which supports in farm sustainability and allows agricultural haying and forage gear to be more adaptable.
Hay is forage or vegetable that has been cut, dried, stored, and made into cattle feed. It is used as feed for animals that cannot graze due to adverse weather conditions such as drought or animals that are kept in stables. Hay machines are used to cut crops and then store them in bales or silage. Forage is the plant material used by cattle to eat grass. Feed technology is widely used to harvest feed grains. A small part of the global agricultural machinery market.
Hay and forage technology are used to meet the growing demand for plant-based feeds. Growing demand for agricultural automation may promote the development of crop and feed market during the forecast period. Traditional agricultural techniques such as farming, tillage, and planters are being replaced by various modern agricultural tools. Modern agricultural machinery, such as sprayers, harvesters, hay and forage harvesters, combine harvesters, irrigation and plant cultivation equipment’s are used in various processes to improve overall yield and quality.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing food demand is projected to boost the market during the forecast period.
- Increasing government support for farmers in terms of loan for buying machinery and other equipment for farming is anticipated to boost the market during the forecast period.
- Rapid growth of the food industry due to increasing population and consumer demand is major factors fueling the market.
- Increasing cultivation of crops and labor shortage in region are anticipated to fuel the market in the coming years.
- Growing consumption of haying equipment by livestock industry and efficient farming techniques is expected to drive the market during the forecast period.
- High cost of agricultural equipment and presence of intermediaries are projected to hamper the market growth.
- Lack of awareness among farmers about the machinery and lack of adoption by farmers act as major challenges that can restrict the market growth during the forecast period.
- R&D investment and technological advancement in agricultural equipment and farming techniques is projected to offer immense opportunities for the market players.
Scope of Haying and Forage Machinery Market Report
The report on the Germany haying and forage machinery market includes an assessment of the market, trends, segments, and country markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Germany Haying and Forage Machinery Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Types (Mowers, Balers, Forage Harvesters, And Others) |
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Country Scope |
Germany |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
KRONE GmbH & Co. KG; PÖTTINGER Landtechnik GmbH; AGCO Corporation; CLAAS KGaA mbH; Deere & Company |
Germany Haying and Forage Machinery Market Segment Insights
The forage harvesters’ segment is projected to represent a large market share
Based on types, the Germany haying and forage machinery market is divided into mowers, balers, forage harvesters, and others. The mowers segment is expected to represent a key share of the market during the forecast period. A mower does not require much power, so a smaller tractor can be used to operate it. There are different types of lawn mowers for cutting grass and forage plants, such as cylinder type, piston type, and rotary And flail mowers.
According to the different driving sources, lawn mowers can be divided into hand, horse, tractor, and self-propelled lawn mowers. Lawn mowers can be divided into towed, semi-trailer, and integrated lawn mowers. On the other hand, the harvesters segment is anticipated to expand at a rapid pace during the forecast period owing to farmers' growing preference for harvesters to increase production and limit their dependence on agricultural labor. In addition, the harvester has high productivity and fuel economy, which is expected to be one of the major factors driving product demand.
Segments
The Germany haying and forage machinery market has been segmented on the basis of
Types
- Mowers
- Balers
- Forage Harvesters
- Others
Country
-
Germany
Key Players
- KRONE GmbH & Co. KG
- PÖTTINGER Landtechnik GmbH
- AGCO Corporation
- CLAAS KGaA mbH
- Deere & Company
Competitive Landscape
Key players competing in the Germany haying and forage machinery market are KRONE GmbH & Co. KG; PÖTTINGER Landtechnik GmbH; AGCO Corporation; CLAAS KGaA mbH; Deere & Company.
Some of these players are for business strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to enhance their market shares.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Haying and Forage Machinery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Haying and Forage Machinery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Haying and Forage Machinery Market - Supply Chain
4.5. Global Haying and Forage Machinery Market Forecast
4.5.1. Haying and Forage Machinery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Haying and Forage Machinery Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Haying and Forage Machinery Market Absolute $ Opportunity
5. Global Haying and Forage Machinery Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Haying and Forage Machinery Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Haying and Forage Machinery Demand Share Forecast, 2019-2026
6. North America Haying and Forage Machinery Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Haying and Forage Machinery Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Haying and Forage Machinery Demand Share Forecast, 2019-2026
7. Latin America Haying and Forage Machinery Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Haying and Forage Machinery Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Haying and Forage Machinery Demand Share Forecast, 2019-2026
8. Europe Haying and Forage Machinery Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Haying and Forage Machinery Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Haying and Forage Machinery Demand Share Forecast, 2019-2026
9. Asia Pacific Haying and Forage Machinery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Haying and Forage Machinery Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Haying and Forage Machinery Demand Share Forecast, 2019-2026
10. Middle East & Africa Haying and Forage Machinery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Haying and Forage Machinery Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Haying and Forage Machinery Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Haying and Forage Machinery Market: Market Share Analysis
11.2. Haying and Forage Machinery Distributors and Customers
11.3. Haying and Forage Machinery Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. KRONE GmbH & Co. KG
11.4.2. PÖTTINGER Landtechnik GmbH
11.4.3. AGCO Corporation
11.4.4. CLAAS KGaA mbH
11.4.5. Deere & Company
Methodology
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