Market Research Reports, Inc. has announced the addition of “Global Haying and Forage Machinery Market 2016 - 2020” research report to their website www.MarketResearchReports.com

Lewes, DE -- (SBWire) -- 07/12/2016 --Report forecast the global haying and forage machinery market to grow at a CAGR of 5.1% during the period 2016-2020.

Hay is grass or legumes that have been cut, dried, stored, and transformed into bales for feeding livestock. It is used as animal fodder animals are not able to graze due to unsuitable weather, like drought, or when animals are kept in stables or barns. Haying machinery is used to cut the crops, which are then stored in the form of bales or silage. Forage is plant material that livestock graze on. Forage machinery is widely used for harvesting forage grains. The global haying and forage machinery market constitutes a small part of the global agricultural machinery market.

The report covers the present scenario and the growth prospects of the global haying and forage machinery market for 2016-2020. To calculate the market size, we considered the unit shipments of haying and forage machinery globally.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

According to the report, a key growth driver is the rising demand for high-capacity machinery. Mechanization of farming practices and farm consolidation in emerging economies are increasing the demand for high-capacity haying machinery. High-capacity machinery provides high-quality output with increasing ownership cost, and it has low maintenance. Pull-type forage harvesters are high-capacity machines that provide better sharpening and cutting ability in the terrain. The machine includes a header and cylindrical cutter with a rotating knife. One of the pull-type forage harvesters is Case IH FHX300 with 1,000 rpm driveline, wide header, and heavy-duty components.

Further, the report states that one challenge that could hamper market growth is volatility in raw material prices. The cost of haying and forage machinery includes the cost of raw materials like steel, rubber, and iron. The costs of these raw materials are subject to fluctuations, which poses a threat to the profit margin of vendors.

Global Haying and Forage Machinery Market 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 players in the global haying and forage machinery market: AGCO Corp., CLAAS, CNH Industrial, Deere & Co., and Pottinger.

Other Prominent Vendors in the market are: Buhler Industries, Iseki, Krone, Kubota, KUHN Group, Kverneland, Lely, Same Deutz-Fahr Deutschland, and Vermeer.

Market driver
- Increasing demand for high-capacity machinery
- For a full, detailed list, view our report

Market challenge
- Volatility in raw material prices
- 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?

Spanning over 67 pages and 38 Exhibit "Global Haying and Forage Machinery Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-haying-and-forage-machinery-market-2016-2020

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