The Brazilian Haying and Forage Machinery market had a value USD XX million in 2015 and is expected to reach a value USD XX million by 2020 with a CAGR of XX%. As a result of industrial revolution and green revolution, the machinery market has grown substantially for capacity enhancement and efficient utilization of inputs. High yielding varieties with high requirement of irrigation and agri-inputs necessitated the adoption of farm mechanization in the agricultural fields. The increasing credit facility available for the farmers and the growing concern over food security are driving the market farm machinery in the region.
The market encompasses a variety of machines such as mowers, conditioners, balers, forage harvesters and rakes. A pull type forage harvester includes a header, a cylindrical cutter head having rotating knives operatively associated with a shearbar, feed rolls for receiving crop material from the header and conveying it to the cutter head, and a blower remotely located on the forage harvester relative to the cutterhead. There are several major players in the market such as the AGCO, CLAAS, John Deere, KUNH Group, CNH Industrial and others which have a relatively larger market share. These players adopt several strategies in order to increase their market share, Acquisition or Expansion being the major ones.
Key Deliverables in the Study
- Market analysis for the Brazilian Haying and Forage Machinery Market, with region specific assessments and competition analysis on global and regional scales
- Market definition along with the identification of key drivers and restraints
- Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale
- Extensively researched competitive landscape section with profiles of major companies along with their market shares
- Identification and analysis of the macro and micro factors that affect the Brazilian Haying and Forage Machinery market on both global and regional scales
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
- A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
- Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
