Asia Pacific Haying & Forage Machinery Market Report | 2022-27

 Market Overview

The Asia Pacific Haying and Forage Machinery market is estimated to register a CAGR of 4.0%, during the forecast period (2021-2026). With the coronavirus pandemic still running its course, companies are striving to ensure the timely supply of these haying, forage, and harvesting machinery. But there is a contraction in the market for these agricultural machinery due to the limited workforce available for production and transportation.

The agriculture industry largely depends on the equipment to enhance forage quality, output, cost-effectiveness, and processes such as the rate of drying. Haying and forage machinery is utilized in order to cater to the rising demand for plant-based feed for animals. The growing demand for automation in the farming sector in this region is likely to boost the haying and forage machinery market during the forecast period.

Combine harvesters remain the most popular implements, with a well-developed ecosystem of manufacturing and sales by the Asian countries and local manufacturers. Asian countries like India, China, and Japan are urging farmers to adopt the latest technologies through which they can enhance productivity. China and Japan are moving toward autonomous farms in the upcoming years.

The Asia-Pacific Haying and Forage Machinery market is consolidated with major players dominating the market. Few major players competing in the market are CLAAS, AGCO Corporation, CNH Industrial, Deere and Company, Kubota Corporation, among others.

Scope of the report

This equipment market comprises a variety of machines such as conditioner-mowers, sickle bar mowers, and others which are gaining popularity among farmers owing to their advantages. The Asia-Pacific haying and forage machinery market is estimated to grow remarkably during the forecast period.  All types of machinery used in fields have been considered with the research scope. The market is segmented based on Type (Haying and Forage machinery, Harvesting Machinery, Spraying and Planting Machinery) and Geography (China, Japan, India, Australia and Rest of Asia-Pacific). Read Full Report

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