Market Overview:
The global hay mergers 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 hay mergers due to their ability to provide high quality and uniform fodder. Hay mergers are used for harvesting grasses, wheats, flowers, and other crops. They are available in two types: power-driven and self-propelled. The power-driven type is more popular due to its low cost and easy operation. However, the self-propelled type is gaining popularity due to its higher efficiency in terms of time and fuel consumption. The global hay mergers market has been segmented on the basis of type, application, and region. On the basis of type, the market has been segmented into power-driven hay merger and self propelled hay merger .On the basis of application ,the market has been segmented into grasses ,wheats ,flowers ,and others .On th ebasis o fregion s,,t he ma rket ha sbeen segmen ted int o North America Latin America Europe Asia Pacific Middle East & Africa .
Product Definition:
A Hay Merger is a piece of farm equipment that is used to join two hay bales together. The importance of hay mergers is that it helps to keep the hay together, which makes it easier to transport and store.
Power-driven Hay Mergers:
Power-driven hay mergers have been utilized to enhance the quality of cuttings and to increase their quantity. The procedure is carried out by using a power-driven combine harvester that integrates an auger with its drive system, which enables it to drill rapidly through the bales.
The primary objective of power-driven hay mergers is usually to reduce time required for cutting and increase bale quantity obtained from each field.
Self-propelled Hay Mergers:
Self-propelled hay mergers are used to combine two or more fields into one and can be used in Hay Mergers market. It is a mechanical device that cuts, binds, and bundles the hay into groups so that it can be transported by one or more combines without any problems. The main objective of using self-propelled hay mergers is to save time as well as reduce labor costs.
Application Insights:
The others application segment accounted for the largest market share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing demand for hays from various industries including dairy, floriculture, and animal feed. In addition, growing mechanization in agriculture coupled with rising disposable income levels of consumers is expected to drive the industry growth over the forecast period.
Grasses are generally cut during summer months (May & June) across major regions worldwide as they mature faster than other types of grasses such as clover or timothy grasses. The high moisture content present in their leaves makes them suitable for use as a food source during times when there is no rainwater available due to long dry spell or drought conditions prevailing across major parts of Latin America and Asia Pacific regions.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing demand for power-driven hay mergers and self-propelled hay mergers in North America, particularly in the U.S., owing to high standards of living coupled with rising disposable income levels among consumers.
Asia Pacific accounted for a significant share of revenue generated by global market and this trend is expected to continue over the forecast period dueMerging machines are used widely across Asia Pacific countries such as China, India, Japan.
Growth Factors:
- Increasing demand for hay as an animal feed due to the rise in livestock population
- Growing popularity of organic farming, which necessitates the use of hay as a crop rotation crop and mulch
- Rising prices of traditional feedstuffs such as grains and soybeans, making hay more cost-effective
- Proliferation of dairy farms and other livestock operations requiring large quantities of hay on a year-round basis
- Technological advancements that have made harvesting and baling hay easier and more efficient, thus increasing its supply
Scope Of The Report
Report Attributes
Report Details
Report Title
Hay Mergers Market Research Report
By Type
Power-driven Hay Mergers, Self-propelled Hay Mergers
By Application
Grasses, Wheats, Flowers, Others
By Companies
Rapid Holding AG, ROC srl, Berky, Sitrex company, Repossi macchine agricole, FPM Agromehanika, ATELIER 3T, Case IH, Great Plains, Unverferth, John Deere
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Hay Mergers Market Report Segments:
The global Hay Mergers market is segmented on the basis of:
Types
Power-driven Hay Mergers, Self-propelled Hay Mergers
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
Grasses, Wheats, Flowers, 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:
- Rapid Holding AG
- ROC srl
- Berky
- Sitrex company
- Repossi macchine agricole
- FPM Agromehanika
- ATELIER 3T
- Case IH
- Great Plains
- Unverferth
- John Deere
Highlights of The Hay Mergers 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:
- Power-driven Hay Mergers
- Self-propelled Hay Mergers
- By Application:
- Grasses
- Wheats
- Flowers
- 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 Hay Mergers 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.
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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 hay merger is a business transaction in which two or more hay producers combine their operations to create a larger, more efficient producer. The goal of a hay merger is to reduce costs and improve efficiency while also increasing production.
Some of the major players in the hay mergers market are Rapid Holding AG, ROC srl, Berky, Sitrex company, Repossi macchine agricole, FPM Agromehanika, ATELIER 3T, Case IH, Great Plains, Unverferth, John Deere.
The hay mergers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hay Mergers 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 Mergers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hay Mergers 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 Mergers 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 Mergers Market Size & Forecast, 2020-2028
4.5.1 Hay Mergers Market Size and Y-o-Y Growth
4.5.2 Hay Mergers 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 Power-driven Hay Mergers
5.2.2 Self-propelled Hay Mergers
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 Grasses
6.2.2 Wheats
6.2.3 Flowers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hay Mergers 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 Mergers 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 Power-driven Hay Mergers
9.6.2 Self-propelled Hay Mergers
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 Grasses
9.10.2 Wheats
9.10.3 Flowers
9.10.4 Others
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 Power-driven Hay Mergers
10.6.2 Self-propelled Hay Mergers
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 Grasses
10.10.2 Wheats
10.10.3 Flowers
10.10.4 Others
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 Power-driven Hay Mergers
11.6.2 Self-propelled Hay Mergers
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 Grasses
11.10.2 Wheats
11.10.3 Flowers
11.10.4 Others
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 Power-driven Hay Mergers
12.6.2 Self-propelled Hay Mergers
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 Grasses
12.10.2 Wheats
12.10.3 Flowers
12.10.4 Others
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 Power-driven Hay Mergers
13.6.2 Self-propelled Hay Mergers
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 Grasses
13.10.2 Wheats
13.10.3 Flowers
13.10.4 Others
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 Mergers Market: Competitive Dashboard
14.2 Global Hay Mergers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rapid Holding AG
14.3.2 ROC srl
14.3.3 Berky
14.3.4 Sitrex company
14.3.5 Repossi macchine agricole
14.3.6 FPM Agromehanika
14.3.7 ATELIER 3T
14.3.8 Case IH
14.3.9 Great Plains
14.3.10 Unverferth
14.3.11 John Deere
