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The United States haying and forage machinery market value is projected to grow at a CAGR of 3.6% between 2024 and 2032.
Base Year
Historical Year
Forecast Year
United States Haying and Forage Machinery Market Report Summary | Description | Value |
Base Year | USD Million | 2023 |
Historical Period | USD Million | 2018-2023 |
Forecast Period | USD Million | 2024-2032 |
Market Size 2023 | USD Million | XX |
Market Size 2032 | USD Million | XX |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.6% |
CAGR 2024-2032 - Market by Region | Southeast | 3.6% |
CAGR 2024-2032 - Market by Region | New England | 3.3% |
CAGR 2024-2032 - Market by Product Type | Mowers | 4.1% |
Market Share by Region | Southwest | 10.3% |
One of the primary drivers boosting the growth of the United States haying and forage machinery market is the integration of automated systems and GPS guidance in farming machinery. This is because advancements in machinery improves operational efficiency and attracts farmers to upgrade their equipment. CLAAS, a leading agricultural machinery manufacturer, introduced the JAGUAR 900/800 forage harvesters in 2022, featuring automated reel speed adjustment and GPS steering systems.
Additionally, the increasing global demand for animal feed has also increased forage cultivation, which in turn leads to the need for haying and forage machinery. In 2023, the US witnessed significant cultivation of forage crops like alfalfa and corn silage. Government assistance in the form of subsidies and support programs for marginal farmers also encourages the purchase of new machinery, thereby boosting United States haying and forage machinery market revenue. Another trend in the market is the rising popularity or use of straw or fodder balers, hay balers, and baler twine in the feedlot sector of the US. The US imported 665,000 units of baler twine from various suppliers in March 2024, showcasing the accelerated use of balers in farms of the country.
CAGR 2024-2032 - Market by | Region |
Southeast | 3.6% |
New England | XX% |
Mideast | XX% |
Plains | XX% |
Great Lakes | XX% |
Southwest | 3.7% |
Rocky Mountain | 3.9% |
Far West | 4.2% |
Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States haying and forage machinery market spanning from 2018 to 2032.
The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States haying and forage machinery market.
Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States haying and forage machinery market.
The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.
Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States haying and forage machinery market landscape.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product Type |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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