Market Overview:
The global hay and forage rake market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for hay and forage rakes from the large-scale, capital-intensive farming segment. Asia Pacific is expected to witness the highest growth during the forecast period owing to the increasing demand from countries such as China and India. On the basis of type, wheel rakes are expected to account for a majority share of the global hay and forage rake market in 2018. This can be attributed to their low cost as compared with other types of rakes such as rotary or basket rakes.
Product Definition:
A hay rake is a farm implement used to collect cut hay or straw into windrows for later collection. A forage rake, sometimes called a "horse rake", is similar but has longer tines designed specifically for raking up green leaves and grasses to be fed to livestock as fodder.
Wheel Rakes:
Wheels are used in rakes for moving the material from one place to another. It is a simple device consisting of two or more parallel bars with wheels at the bottom end, attached by a handle or wheelbarrow frame. The wheels make contact with the soil and roll over it, thus helping in easy transportation of materials from one place to another.
Wheels have been an integral part of farm equipment since their inception.
Rotary Rakes:
Rotary rakes are used for hay and forage in the agriculture industry. It is a tool that consists of two rotating steel discs with teeth on them, which are used to gather crops. The device has many benefits over traditional tools such as sickle or scythe as it reduces the time required to collect crops by half and also ensures complete safety of the operator while collecting crop.
Application Insights:
The large-scale farming segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing demand for maize, barley, wheat and other grains from food processing industries across various regions. The product has a positive impact on soil quality as well as crop yield owing to proper land preparation techniques followed by using the product.
Medium-scale farming is anticipated to register significant growth over the forecast period due largelyto technological advancements coupled with increased efficiency in operations that have been witnessed since past few years. Forage harvesting equipment such as hay rakes are used during summer months when grasses grow rapidly and provide high nutritional value along with fiber content which helps maintain horse fitness throughout the year.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to high capital investments and technological advancements associated with mechanized agriculture. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due to increasing awareness regarding modern agricultural practices, government initiatives, and demand for food security among farmers. Moreover, rising disposable income levels are anticipated boost product demand further. Furthermore, rural-to-urban migration will also contribute toward growth in developing countries such as India and China by providing an opportunity for mechanized farming companies offering hay rakes solutions or products.
The European market was valued at USD X million in 2017 and is expected to witness steady growth over the forecast period owing towards increased focus on organic farming techniques coupled with stringent regulations about synthetic pesticides & fertilizers usage on crops grown across Europe especially within EU member states (except those containing added limestone).
Growth Factors:
- Increasing demand for hay and forage due to the increasing popularity of livestock farming and dairy industry
- Rising disposable income of the population, especially in developing countries, which is resulting in an increase in demand for high-quality animal feed products
- Growing awareness about the benefits of using hay and forage rakes among farmers, which is helping to drive market growth
- Technological advancements that are making hay and forage rakes more efficient and easier to use, thereby boosting market growth
- The increasing number of small-scale farmers who are looking to invest in hay and forage rakes as a way to improve their productivity
Scope Of The Report
Report Attributes
Report Details
Report Title
Hay and Forage Rakes Market Research Report
By Type
Wheel Rakes, Rotary Rakes, Basket Rakes
By Application
Large-Scale, Capital-Intensive Farming, Medium-Scale Farming, Small-Scale Farming
By Companies
KUHN, CNH Industrial N.V., CLAAS KGaA mbH, Deere & Company, AGCO Corp., Kubota Corporation, Shanghai Star Modern Agricultural Equipment, Rostselmash, Krone, Fieldking (Beri Udyog), Fendt, Oy Elho Ab
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
207
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Hay and Forage Rakes Market Report Segments:
The global Hay and Forage Rakes market is segmented on the basis of:
Types
Wheel Rakes, Rotary Rakes, Basket Rakes
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
Large-Scale, Capital-Intensive Farming, Medium-Scale Farming, Small-Scale Farming
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:
- KUHN
- CNH Industrial N.V.
- CLAAS KGaA mbH
- Deere & Company
- AGCO Corp.
- Kubota Corporation
- Shanghai Star Modern Agricultural Equipment
- Rostselmash
- Krone
- Fieldking (Beri Udyog)
- Fendt
- Oy Elho Ab
Highlights of The Hay and Forage Rakes 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:
- Wheel Rakes
- Rotary Rakes
- Basket Rakes
- By Application:
- Large-Scale, Capital-Intensive Farming
- Medium-Scale Farming
- Small-Scale Farming
- 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 Hay and Forage Rakes 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?
Hay rakes are used to collect hay, while forage rakes are used to collect grass and other forage.
Some of the major companies in the hay and forage rakes market are KUHN, CNH Industrial N.V., CLAAS KGaA mbH, Deere & Company, AGCO Corp., Kubota Corporation, Shanghai Star Modern Agricultural Equipment, Rostselmash, Krone, Fieldking (Beri Udyog), Fendt, Oy Elho Ab.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hay and Forage Rakes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hay and Forage Rakes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hay and Forage Rakes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hay and Forage Rakes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hay and Forage Rakes Market Size & Forecast, 2020-2028
4.5.1 Hay and Forage Rakes Market Size and Y-o-Y Growth
4.5.2 Hay and Forage Rakes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Wheel Rakes
5.2.2 Rotary Rakes
5.2.3 Basket Rakes
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Large-Scale
6.2.2 Capital-Intensive Farming
6.2.3 Medium-Scale Farming
6.2.4 Small-Scale Farming
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hay and Forage Rakes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hay and Forage Rakes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Wheel Rakes
9.6.2 Rotary Rakes
9.6.3 Basket Rakes
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Large-Scale
9.10.2 Capital-Intensive Farming
9.10.3 Medium-Scale Farming
9.10.4 Small-Scale Farming
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Wheel Rakes
10.6.2 Rotary Rakes
10.6.3 Basket Rakes
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Large-Scale
10.10.2 Capital-Intensive Farming
10.10.3 Medium-Scale Farming
10.10.4 Small-Scale Farming
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Wheel Rakes
11.6.2 Rotary Rakes
11.6.3 Basket Rakes
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Large-Scale
11.10.2 Capital-Intensive Farming
11.10.3 Medium-Scale Farming
11.10.4 Small-Scale Farming
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Wheel Rakes
12.6.2 Rotary Rakes
12.6.3 Basket Rakes
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Large-Scale
12.10.2 Capital-Intensive Farming
12.10.3 Medium-Scale Farming
12.10.4 Small-Scale Farming
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Wheel Rakes
13.6.2 Rotary Rakes
13.6.3 Basket Rakes
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Large-Scale
13.10.2 Capital-Intensive Farming
13.10.3 Medium-Scale Farming
13.10.4 Small-Scale Farming
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hay and Forage Rakes Market: Competitive Dashboard
14.2 Global Hay and Forage Rakes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KUHN
14.3.2 CNH Industrial N.V.
14.3.3 CLAAS KGaA mbH
14.3.4 Deere & Company
14.3.5 AGCO Corp.
14.3.6 Kubota Corporation
14.3.7 Shanghai Star Modern Agricultural Equipment
14.3.8 Rostselmash
14.3.9 Krone
14.3.10 Fieldking (Beri Udyog)
14.3.11 Fendt
14.3.12 Oy Elho Ab
