Global Haying Machines Market Size, Drivers, Trends, Opportunities And Strategies – Includes Haying Machines Market Size
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Rising demand for plant-based feed for animals are expected to drive innovation in haying machines manufacturing, thus driving the market during the forecast period.
The global haying machines market is expected to grow from $25.06 billion in 2022 to $27.31 billion in 2023 at a compound annual growth rate (CAGR) of 9.0%. The global haying machines market size is expected to grow to $37.01 billion in 2027 at a CAGR of 7.9%.
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Global Haying Machines Market Segments Include:
- By Machine Type: Mowers, Tedders And Rakes, Balers, Other Machine Types
- By Sales Channel: OEMs, Aftermarket
- By Application: Large Farm, Small and Medium Farm
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global haying machines market in 2021.
Major Market Players in the haying machines market include AGCO Corporation, Buhler Industries Inc., Kuhn Group, Kubota, Deere & Company, CLAAS, CNH Industrial, IHI, Pottinger Landtechnik, and Buhler Industries.
The launch of various innovations to increase productivity and efficiency is gaining popularity in the haying machines market. For instance, in August 2022, New Holland Agriculture, a US-based agriculture equipment company, launched the innovative Discbine® PLUS Series, which raises their output and enhances their quality to protect priceless feed nutrients. The Discbine PLUS versions include a striking, modern appearance and yellow accents to denote performance suitable for commercial use. These vehicles have an innovative, nimble center-pivot tongue and a typical swivel gearbox hitch that enable secure, quick operation and simple, trouble-free headland turns.
The Haying Machines Global Market Report 2023 provides a haying machines market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The haying machines market forecast analyzes haying machines market size, haying machines market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Haying machines is agricultural equipment that cuts the hay and speeds up the drying process. They are used to harvest hay.
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