global haying and forage machinery market 2015-2019
TRANSCRIPT
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Global Haying and Forage Machinery Market 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Machinery Market 2015-2019,please mail us at
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Key Trends
Technavio’s Senior Analyst says, “Shifting dietary demands, higher protein intake, and rising disposable incomes have increased the consumption of meat and dairy products. These factors have spurred demand for livestock feed, and consequently, the demand for haying and forage equipment. However, financial constraints of end-users and unstable livestock prices restrict demand for this equipment. Rising production costs also deter market growth.”
• Haying and forage machinery is used to produce plant-based feed for animals. With a worldwide rise in farming mechanization and a growing livestock industry, the agricultural industry is relying on equipment to enhance forage quality, output, cost-effectiveness, and time efficiency.
• The market covers a variety of machines, such as mowers, balers, forage harvesters, rakes and tedders, and is expected to register a CAGR of 3.74% during 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver,
challengeand trend is
available in our report:Global Haying and Forage Machinery Market 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
Global Haying and Forage Machinery Market 2015-2019
AGCO
Pöttinger
CNH
AGCO manufactures equipment such as mowers, forage blowers, balers, and storage boxes. The hay and forage products the company manufactures are marketed under brand names such as Challenger, Fendt, Massey Ferguson, and Fella.
Pöttinger is a manufacturer of agricultural machinery. It operates in two segments: Grassland and tillage. It offers products such as mowers, tedders, rakes, wagons, and forage harvesters under its grassland segment. The company is expanding globally and placing emphasis on innovation.
CNH Industrial manufactures hay and forage machinery under the New Holland and Case IH brands. Its agricultural equipment segment manufactures farm machinery and implements. The company is working toward better management of production levels, expanding its service offerings, and strengthening its dealer network.
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Market Landscape
• The haying and forage machinery segment constitutes a very small portion of the overall agricultural equipment market, and mainly serves crop producers and those involved in the livestock industry.
• Shipments in 2014 totaled 148,021 units, owing to increased mechanization of farming practices and growing consumption of meat and dairy products.
• Due to competition, this market is moving at a relatively slow pace compared to other agricultural machinery.
• But with rising incomes in developing countries, livestock ownership will grow, and so will the demand for animal feed.
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Key Buying Criteria
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Parameter DetailsCost
The machinery should be affordable to the customer.
Brand value Brands should have a good reputation in the market.
Performance Machinery performance should ensure high quality forage and meet the expected yields.
Efficiency The equipment should be efficient in terms of speed, precision, and fuel economy.
Horsepower Customers should be able to get the required level of power from the machinery to ensure sufficient productivity.
Spares and services Spare parts, after-sales service, and ease of reparability should be made available to the customer.
Capacity The capacity of the equipment should be in accordance to the needs of the customer.
Ease of use The equipment should be easy to operate and adjust.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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