Global Haying Machinery Market was valued at US$ XX Bn in 2017 and is expected to reach US$ XX Bn by 2026, at a CAGR of XX% during a forecast period.

Based on the type, the mower is expected to hold the largest share in the market due to increasing usage of the mower to mow hay across the globe. Technological advancements are also boosting the market growth of mowers. The report contains an in-detail list of drivers and key trends, which are influencing the market growth.

Major driving factors of the market are various government bodies taking initiatives and provides subsidies on agricultural machinery to help farmers purchase as well as governments give credit facility to farmers from banking and non-banking financial corporations. Lack of labor due to rise in urbanization, increasing demand of food, the rising requirement of growing production, rising demand of haying machinery for precision farming technologies, and rising disposable income of consumers are also fueling the market growth. Increasing demand for automation is expected to propelling the market growth during the forecast period.

The Scope of the Report for Haying Machinery Market

Global Haying Machinery Market, by Type

• Mower

• Tedder

• Rakes

• Balers

Global Haying Machinery Market, by Region

• North America

• Europe

• Asia Pacific

• Middle East & Africa

• South America

Key Players Operating in Haying Machinery Market

• AGCO Corporation

• AloisPttingerMaschinenfabrikGes.m.b.H

• Bernard Krone Holding GmbH & Co. KG

• Buhler Industries, Inc.

• CLAAS KGaAmbH

• CNH Industrial N.V.

• Deere & Company

• Kuhn Group

• Kverneland Group

• Vermeer Corporation

For more information visit: https://www.maximizemarketresearch.com/market-report/global-haying-machinery-market/22986/

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