Hay And Forage Rakes Market

Hay and forage rakes are agricultural rakes used to collect cut hay or straw into windrows for later collection. It is designed to fluff up the hay and turn it over so that it may dry. It is also used in the evening to protect the hay from the morning dew. Thus, there is an increasing demand for hay and forage rakes around the world.

Market Dynamics:

The global market for hay and forage rakes is set to grow rapidly due to the booming agriculture industry, a rising need for high-quality hay and forages, a growing demand for hay and forage rakes, and the launch of new products by market companies.

For instance, in July 2020, PÖTTINGER Landtechnik GmbH is an Austrian agricultural machinery manufacturer announced the launch of new models of trailed single-rotor rakes and trailed twin-rotor rakes. Trailed single-rotor rakes are designed for larger working widths with small tractors. One of their key advantages is that they are easy to attach and detach.

In November 2020, Kubota Canada Limited (KCL) is a subsidiary of Kubota Corporation, a well-known Japanese tractor and heavy equipment manufacturer. announced that it is furthering its commitment to the hay and forage segment by offering a two-year standard warranty across its comprehensive hay tools line, including Kubota balers, rakes, and tedders, and a three-year standard warranty on the cutter bars and gear boxes of its entire range of disc mowers and disc mower conditioners.

Key features of the study:

• This report provides in-depth analysis of the global hay and forage rakes market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031) considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global hay and forage rakes market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include John Deere, Vermeer Corporation, Kuhn Group, AGCO Corporation, Krone North America, New Holland Agriculture, Claas Group, Kubota Corporation, Fella Maschinenbau GmbH, Sitrex S.p.A., Enorossi, Tonutti, Pottinger Agricultural Machinery
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global hay and forage rakes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hay and forage rakes market

Detailed Segmentation:

• Hay and Forage Rakes Market, By Type:
• • Wheel Rakes
  • Rotary Rakes
• Hay and Forage Rakes Market, By Application:
• • Farming
  • Agriculture
• Hay and Forage Rakes Market, By Region:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
• Company Profiles:
• • John Deere
  • Vermeer Corporation
  • Kuhn Group
  • AGCO Corporation
  • Krone North America
  • New Holland Agriculture
  • Claas Group
  • Kubota Corporation
  • Fella Maschinenbau GmbH
  • Sitrex S.p.A.
  • Enorossi
  • Tonutti
  • Pottinger Agricultural Machinery