Germany Haying & Forage Machinery Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.50 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Germany Haying & Forage Machinery Market Analysis
Germany's haying and forage machinery market is estimated to register a CAGR of 3.5% during the forecast period. Increased consumption of silage and other forage by the livestock industry and labor shortage are the prime drivers of the market whereas high machinery cost is the key restrainer. As a result of the industrial revolution and the green revolution, the machinery market has grown substantially for capacity enhancement and efficient utilization of inputs in Germany.
Germany Haying & Forage Machinery Market Trends
This section covers the major market trends shaping the Germany Haying & Forage Machinery Market according to our research experts:
Demand for Forage Feed from Animal Production Industries Drives the Market
Increasing demand for forage feed from the animal production industries is causing a rise in the cultivation of fodder crops such as corn silage and fodder beet, which in turn boosting the forage machinery market. The german animal production industry is growing at a significant rate. The total revenue generated by the animal production industry is USD 13.47 billion in 2019. Dairy cattle, beef cattle, and swine industries are the main segments where fodder feed is extensively used in Germany.
Farm Labor Shortage Drives the Market
Forage crops are cultivated in large areas in Germany. Harvesting and baling of fodder crops are such large areas require huge labor force. Unavailability of farm labor in Germany is directly fueling the forage machinery market. German farmers are increasingly suffering from a shortage of seasonal workers who traditionally come from eastern Europe during harvest periods. The shortage of these seasonal workers is stimulating the farmers to depend on machines for harvesting.
Germany Haying & Forage Machinery Industry Overview
The Germany Haying and Forage Machinery industry is highly consolidated with renowned players like Deere and Company, AGCO Corp., CNH Industrial N.V, Kubota, Buhler Industries, Krone and KUHN Group operating in the market place. The companies here strive to strengthen their base by offering enhanced product features, competitive pricing, enhanced quality, increased scale of operation and technological innovation.
Germany Haying & Forage Machinery Market Leaders
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AGCO Corporation
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CLAAS KGaA mbH
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Deere & Company
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KRONE GmbH & Co. KG
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P脰TTINGER Landtechnik GmbH
*Disclaimer: Major Players sorted in no particular order
Germany Haying & Forage Machinery Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Mowers
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5.1.2 Balers
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5.1.3 Forage Harvesters
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5.1.4 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 AGCO Corporation
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6.3.2 P脰TTINGER Landtechnik GmbH
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6.3.3 CLAAS KGaA mbH
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6.3.4 Deere & Company
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6.3.5 Kubota
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6.3.6 Krone North America Inc.
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6.3.7 CNH Industrial
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6.3.8 Buhler Industries
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6.3.9 Foton Lovol
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6.3.10 IHI
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6.3.11 KUHN Group
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6.3.12 Kverneland Group
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6.3.13 Lely
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6.3.14 Vermeer
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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8. IMPACT OF COVID-19
Germany Haying & Forage Machinery Industry Segmentation
Haying and forage machinery is used by the forage crop cultivators and the animal feed industries. Germany haying, and forage machinery market report is segmented by type into mowers, balers, and forage harvesters. The report presents an in-depth analysis of the market size, market drivers and competitive landscape of haying and forage machinery market in Germany.
| Type | |
| Mowers | |
| Balers | |
| Forage Harvesters | |
| Others |
Germany Haying & Forage Machinery Market Research FAQs
What is the current Germany Haying & Forage Machinery Market size?
The Germany Haying & Forage Machinery Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)
Who are the key players in Germany Haying & Forage Machinery Market?
AGCO Corporation, CLAAS KGaA mbH, Deere & Company, KRONE GmbH & Co. KG and P脰TTINGER Landtechnik GmbH are the major companies operating in the Germany Haying & Forage Machinery Market.
What years does this Germany Haying & Forage Machinery Market cover?
The report covers the Germany Haying & Forage Machinery Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Germany Haying & Forage Machinery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Germany Haying & Forage Machinery Industry Report
Statistics for the 2024 Germany Haying & Forage Machinery market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports. Germany Haying & Forage Machinery analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
