Europe Haying & Forage Machinery Market Size (2024 - 2029)

The European haying and forage machinery market is experiencing growth driven by the increasing need for farm mechanization, which enhances productivity, reduces costs, and minimizes post-harvest losses. Government support through favorable policies and the rising demand for livestock feed are significant factors contributing to the market's expansion. Germany leads the region's market due to agricultural labor shortages and a high production of forage crops.

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Market Size of Europe Haying & Forage Machinery Industry

europe haying and 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 %

Major Players

europe haying and forage machinery market major players

*Disclaimer: Major Players sorted in no particular order

Europe Haying & Forage Machinery Market Analysis

The European haying and forage machinery market is projected to grow at a CAGR of 3.5% during the forecast period (2020 - 2025). Farm mechanization saves time, cuts down crop production costs, in the long run, reduces post-harvest losses, and boosts crop output and farm income. The importance of mechanization in increasing farm productivity coupled with increasing support from the government in terms of favorable policies and assured farm income has led to the bright future of the industry. Rising demand for livestock population and an increase in the concern of animal feed are the factors that drive the market in the region. Germany Dominates the market in the region owing to the labour scarcity in agriculture coupled with increased production of forage crops. Some of the leading players in the market are KUHN SAS, PÖTTINGER Landtechnik GmbH, Kubota (U.K.) Limited, KRONE UK Ltd., and AGCO GmbH.

Europe Haying & Forage Machinery Industry Segmentation

Europe's haying and forage machinery market is projected to grow remarkably during the forecast period. All types of machinery used in fields have been considered for the purpose of the study. Also, the market under study involves machinery segmented by countries across Europe.

Type
Mowers
Balers
Forage Harvesters
Other
Geography
Spain
United Kingdom
Germany
France
Russia
Italy
Rest of Europe
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Europe Haying & Forage Machinery Market Size Summary

The European haying and forage machinery market is experiencing a positive growth trajectory, driven by the increasing need for farm mechanization to enhance productivity and reduce costs. The sector benefits from supportive government policies and a rising demand for livestock, which underscores the importance of efficient animal feed production. Germany stands out as a key player in the region, largely due to its labor shortages in agriculture and the heightened production of forage crops. The cultivation of forage crops such as alfalfa, forage corn, and sorghum is on the rise, fueled by the growing livestock population. This trend is further supported by the import of forage seeds, as local production remains insufficient to meet demand.

The market is characterized by a consolidated structure, with a few major companies dominating the landscape. These companies are not only competing on product quality but are also engaging in strategic collaborations and investments to expand their market presence and enhance research and development efforts. The shortage of seasonal agricultural workers in Germany has accelerated the adoption of machinery for harvesting and other operations, further propelling market growth. Leading players like KUHN SAS, PÖTTINGER Landtechnik GmbH, Kubota (U.K.) Limited, KRONE UK Ltd., and AGCO GmbH are actively introducing innovative products to capture a larger market share, as evidenced by Krone's introduction of the BIG M 450 Self-Propelled Mower Conditioner.

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Europe Haying & Forage Machinery Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters Five Force Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Mowers

      2. 2.1.2 Balers

      3. 2.1.3 Forage Harvesters

      4. 2.1.4 Other

    2. 2.2 Geography

      1. 2.2.1 Spain

      2. 2.2.2 United Kingdom

      3. 2.2.3 Germany

      4. 2.2.4 France

      5. 2.2.5 Russia

      6. 2.2.6 Italy

      7. 2.2.7 Rest of Europe

Europe Haying & Forage Machinery Market Size FAQs

The Europe Haying & Forage Machinery Market is projected to register a CAGR of 3.5% during the forecast period (2024-2029)

KUHN SAS, PÖTTINGER Landtechnik GmbH, Kubota (U.K.) Limited, KRONE UK Ltd and AGCO GmbH are the major companies operating in the Europe Haying & Forage Machinery Market.

Europe Haying & Forage Machinery Report Snapshots

Europe Haying and Forage Machinery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)