Market Overview:
The global forage harvester market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for forage harvesters from feed mills, farms, and others applications across the globe. Additionally, factors such as technological advancements in forage harvesting equipment and rising awareness about the benefits of using forage harvesters are also contributing to the growth of this market. On the basis of type, pull-type forage harvesters are expected to dominate the global market during the forecast period owing to their low cost and easy operability. However, self-propelled forage harvesters are projected to witness higher growth rates due their ability to cover large areas in a short time span and high efficiency levels.
Product Definition:
A forage harvester, or simply a harvester, is a farming machine that chops and collects crop residue (such as hay, straw, or silage) into bales or containers.
Pull-Type Forage Harvester:
The pull-type forage harvester is a mechanical device used to collect and cut the crop residues, which are normally left after harvesting. It is also known as residue harvester or residual feeder. The main function of this equipment is to provide high quality and quantity of food at minimum cost with less labor involvement. This equipment can be used in both small and large farms for various applications such as weed control, threshing, seeding & planting crops etc.
Self-Propelled Forage Harvester:
Self-propelled forage harvester is a device that cuts and collects the crop residues, which are normally cut by the farm tractor. It is mainly used to harvest fodder or animal feed. The self-propelled forage harvesters are equipped with sickle bar and scythe like blades attached to a horizontal shaft. The scythe like blade moves forward and backward depending upon the direction of rotation of the wheels at either end of its horizontal shaft.
Application Insights:
The other application segment includes dairy farms, ranches and pastures, and mixed farming. The others segment dominated the global forage harvester market in 2017 due to high demand from countries such as Australia, New Zealand, Argentina, South Africa. These countries have a large area of open pastureland that is suitable for growing crops like wheat or maize on which cows can graze.
In regions where winters are cold and summers are hot (such as Europe), it is better to keep livestock during the summer months so that they may gain weight before winter sets in again.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 4.6% over the forecast period, owing to increasing demand for technologically advanced agricultural equipment and favorable government initiatives pertaining to modern agriculture practices in countries such as Canada and U.S. For instance, In 2015, The Government of Canada announced a contribution of USD X million towards the development of an innovative harvesting machine that would reduce labor costs by 50%.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 due its large livestock population and rising disposable income among farmers especially in developing economies such as India and China.
Growth Factors:
- Increasing demand for forage harvesters from the agriculture sector as it helps in harvesting fodder crops quickly and efficiently.
- Growing popularity of forage harvesters among small-scale farmers as it helps them to reduce the cost of harvesting fodder crops.
- Rising adoption of forage harvesters by dairy farms as they help in efficient collection and storage of fodder crops, which can be used to feed livestock animals.
- Technological advancements in forage harvester designs and features that are helping to improve their efficiency and performance across different applications segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Forage Harvester Market Research Report
By Type
Pull-Type Forage Harvester, Self-Propelled Forage Harvester
By Application
Feed Mill, Farms, Others
By Companies
AGCO, CLAAS, CNH Industrial, Deere and Company, Kubota, Buhler Industries, Foton Lovol, IHI, Krone
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Forage Harvester Market Report Segments:
The global Forage Harvester market is segmented on the basis of:
Types
Pull-Type Forage Harvester, Self-Propelled Forage Harvester
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Feed Mill, Farms, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AGCO
- CLAAS
- CNH Industrial
- Deere and Company
- Kubota
- Buhler Industries
- Foton Lovol
- IHI
- Krone
Highlights of The Forage Harvester Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pull-Type Forage Harvester
- Self-Propelled Forage Harvester
- By Application:
- Feed Mill
- Farms
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Forage Harvester Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Forage Harvester is a machine that harvests hay, straw, or other forages.
Some of the major players in the forage harvester market are AGCO, CLAAS, CNH Industrial, Deere and Company, Kubota, Buhler Industries, Foton Lovol, IHI, Krone.
The forage harvester market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Forage Harvester Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Forage Harvester Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Forage Harvester Market - Supply Chain
4.5. Global Forage Harvester Market Forecast
4.5.1. Forage Harvester Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Forage Harvester Market Size (000 Units) and Y-o-Y Growth
4.5.3. Forage Harvester Market Absolute $ Opportunity
5. Global Forage Harvester Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Forage Harvester Market Size and Volume Forecast by Type
5.3.1. Pull-Type Forage Harvester
5.3.2. Self-Propelled Forage Harvester
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Forage Harvester Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Forage Harvester Market Size and Volume Forecast by Application
6.3.1. Feed Mill
6.3.2. Farms
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Forage Harvester Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Forage Harvester Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Forage Harvester Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Forage Harvester Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Forage Harvester Demand Share Forecast, 2019-2026
9. North America Forage Harvester Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Forage Harvester Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Forage Harvester Market Size and Volume Forecast by Application
9.4.1. Feed Mill
9.4.2. Farms
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Forage Harvester Market Size and Volume Forecast by Type
9.7.1. Pull-Type Forage Harvester
9.7.2. Self-Propelled Forage Harvester
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Forage Harvester Demand Share Forecast, 2019-2026
10. Latin America Forage Harvester Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Forage Harvester Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Forage Harvester Market Size and Volume Forecast by Application
10.4.1. Feed Mill
10.4.2. Farms
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Forage Harvester Market Size and Volume Forecast by Type
10.7.1. Pull-Type Forage Harvester
10.7.2. Self-Propelled Forage Harvester
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Forage Harvester Demand Share Forecast, 2019-2026
11. Europe Forage Harvester Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Forage Harvester Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Forage Harvester Market Size and Volume Forecast by Application
11.4.1. Feed Mill
11.4.2. Farms
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Forage Harvester Market Size and Volume Forecast by Type
11.7.1. Pull-Type Forage Harvester
11.7.2. Self-Propelled Forage Harvester
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Forage Harvester Demand Share, 2019-2026
12. Asia Pacific Forage Harvester Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Forage Harvester Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Forage Harvester Market Size and Volume Forecast by Application
12.4.1. Feed Mill
12.4.2. Farms
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Forage Harvester Market Size and Volume Forecast by Type
12.7.1. Pull-Type Forage Harvester
12.7.2. Self-Propelled Forage Harvester
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Forage Harvester Demand Share, 2019-2026
13. Middle East & Africa Forage Harvester Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Forage Harvester Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Forage Harvester Market Size and Volume Forecast by Application
13.4.1. Feed Mill
13.4.2. Farms
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Forage Harvester Market Size and Volume Forecast by Type
13.7.1. Pull-Type Forage Harvester
13.7.2. Self-Propelled Forage Harvester
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Forage Harvester Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Forage Harvester Market: Market Share Analysis
14.2. Forage Harvester Distributors and Customers
14.3. Forage Harvester Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AGCO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CLAAS
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CNH Industrial
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Deere and Company
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kubota
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Buhler Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Foton Lovol
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. IHI
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Krone
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
