What is the current market size and future outlook for the haying machines market?
The haying machines market size has grown strongly in recent years. It will grow from $26.95 billion in 2024 to $28.99 billion in 2025 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to agricultural mechanization, increased farm productivity, labor shortages, environmental concerns.
The haying machines market size is expected to see strong growth in the next few years. It will grow to $36.57 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to precision agriculture, increasing demand for forage crops, adoption of automation and robotics, climate change impact, market expansion in developing countries. Major trends in the forecast period include technology advancements, increasing mechanization, automation and robotics.
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How has the haying machines market evolved, and what factors have shaped its growth?
Rising livestock population is expected to drive demand for the haying machines market over the forecast period. The growth in livestock population is primarily attributed to increasing global demand for meat, dairy products, and other animal-derived goods, along with advancements in animal husbandry practices and improved veterinary care. Haying machines support livestock production by efficiently cutting, drying, and baling hay, ensuring a steady supply of high-quality feed, which is essential for maintaining livestock health and productivity. For instance, according to the Department of Animal Husbandry and Dairying, an India-based government department, in between 2022-23, the total Livestock population is 535.78 million. Thus, rising livestock population is driving the growth of the haying machines market.
What are the major segments of the haying machines market?
The haying machines market covered in this report is segmented –
1) By Machine Type: Mowers, Tedders And Rakes, Balers, Other Machine Types
2) By Sales Channel: Original Equipment Manufacturer (OEM), After market
3) By Application: Large Farm, Small and Medium Farm
Subsegments:
1) By Mowers: Disc Mowers, Sickle Bar Mowers, Rotary Mowers
2) By Tedders and Rakes: Two-Rotor Tedders, Four-Rotor Tedders, Wheel Rakes, Rotary Rakes
3) By Balers: Round Balers, Square Balers
4) By Other Machine Types: Hay Conditioners, Forage Harvesters, Bale Wrappers
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Which companies dominate the haying machines market?
Major companies operating in the haying machines market include AGCO Corporation, Buhler Industries Inc., Kuhn Group, Kubota Corporation, Deere & Company, CLAAS KGaA mbH, CNH Industrial N.V., IHI Corporation, Pottinger Landtechnik GmbH, Iseki & Co. Ltd., Bernard Krone Holding SE & Co. KG, Bernard Krone Holding GmbH & Co. KG, Kverneland Group GmbH, Lely Industries N.V., Vermeer Corporation, LOVOL Heavy Industry Co. Ltd., Alois Pttinger Maschinenfabrik Ges.m.b.H., Alamo Group Inc., Anderson Group Co. Inc., CNH Industrial America LLC, Enorossi S.r.l., Fella-Werke GmbH, Goweil Maschinenbau GmbH, Hesston Corporation, JF-Stoll Ltd., Daedong-USA Inc., Kuhn North America Inc., Massey Ferguson Ltd.
How will evolving trends contribute to the growth of the haying machines market?
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.
What are the key regional dynamics of the haying machines market, and which region leads in market share?
Asia-Pacific was the largest region in the haying machines market in 2023. North America was the second largest region in the haying machines market. The regions covered in the haying machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Does The Haying Machines Market Report 2025 Offer?
The haying machines market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Haying machines refer to agricultural equipment used in the process of cutting, drying, and gathering hay to be stored as fodder for livestock. These machines perform essential tasks such as mowing (cutting the grass), conditioning (crushing or crimping to speed up drying), and baling or stacking the hay. The use of haying machines enhances efficiency in hay production by reducing manual labor and ensuring that the hay is processed in a timely manner, maintaining its quality for animal feed.
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