Global Agriculture Baler Market Overview
An agriculture baler is an agriculture machine used to harvest hay, also termed as hay baler. Agriculture balers are produced from sheet steel. Additionally, they consists machineries such as hydraulic pumps, cylinders, wheels, and tires and belts, which are purchased from various dealers and assembled in plants. Tires and belts and are manufactured from polyester or nylon. Agriculture balers are utilized to assemble and compress the raked hay. Different types of balers are used to produce bale in different shapes (square, round, rectangular and so on). Balers are present in different features and types, moreover having different uses. The global agriculture baler market is driven by some major factors such as increasing production of cereals and growing automation in agriculture. Increasing growth of global population is propelling the food demand.
Global Agriculture Baler Market Dynamics
As per Food and Agriculture Organization (FAO), the global cereal harvested area in 2017 was 733 million hectares and it increased at the rate of 1.03% from 2015. The area is projected to increase further in the coming years. This is projected to drive the demand for agriculture balers. Shit of farmers from traditional agriculture techniques to smart farming which includes automation in farming practices. Utilization of automated machinery in agricultural activities is making farming efficient and economically feasible. These factors are expected to propel the global agriculture baler market.
However, high cost related with advanced agricultural tractors is a key factor limiting growth of the target market. In addition, increasing demand for refurbished tractors among farmers across the globe is another factor projected to restrain growth of the global market to a certain extent.
Global Agriculture Baler Market Segmentation
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The global agriculture baler market is segmented based on type, application, and region.
On the basis of type, the global agriculture baler market is segmented into small square baler, large square baler, and round baler. On the basis of application, the target market is classified into Hay compressing, straw compressing, cotton compressing, and others.
Regional Insights:
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
On region the global agriculture baler market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global market is projected to increase significantly over the forecast period, owing to addition of innovative technologies in farming. Low cost of farm equipment and government subsidies are encouraging farmers in developing economies to integrate modern agricultural practices. North America and Europe accounts for highest share in the global agriculture baler market. Capital intensive farm practices, shortage of labor, and growth in mechanization of agriculture activities are projected to hamper the share of the region over the forecast period. After North America and Europe, Asia Pacific is emerging as the fastest growing markets for agriculture balers. Strong economic growth is projected to boost the markets of these regions. Middle East & Africa is also expected to propel the agriculture baler market in the coming years.
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2029 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
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Market Segmentation |
By Type - Small Square Baler, Large Square Baler, and Round Baler By Application - Hay Compressing, Straw Compressing, Cotton Compressing, and Others |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application rends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the global agriculture baler market report based on type, application, and region.
Global Agriculture Baler Market, By Type:
- Small Square Baler
- Large Square Baler
- Round Baler
Global Agriculture Baler Market, By Application:
- Hay Compressing
- Straw Compressing
- Cotton Compressing
- Others
Global Agriculture Baler Market, By Region:
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-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Agriculture Baler Market Key Players
The key players operating the global agriculture baler market includes McHale, CLASS KGaA mbH, Krone NA Co., International Baler Corporation, Vemeer Corporation, Kartar Agro Industries Pvt. Ltd., Takakita Co. Ltd., New Holland, Deer & Company, Hesston, IHI Corporation, and KUHN S.A. Key players are concentrating on development of efficient manufacturing processes. This strategy is projected to help them to be competitive in the target market.
Global Agriculture Baler Market Company Profile
- McHale
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial PerRaw Materialance
- Business Strategies
- CLASS KGaA mbH
- Krone NA Co.
- International Baler Corporation
- Vemeer Corporation
- Kartar Agro Industries Pvt. Ltd.
- Takakita Co. Ltd.
- New Holland
- Deer & Company
- Hesston
- IHI Corporation
- KUHN S.A.
“*” marked represents similar segmentation in other categories in the respective section
Global Agriculture Baler Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Purview
- Executive Summary
- Key Findings—Global Outlook for Agriculture Baler Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Global Agriculture Baler Market, By Type, 2020 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Segment Trends
- Small Square Baler
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Large Square Baler
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Round Baler
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Overview
- Global Agriculture Baler Market, By Application, 2020 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Segment Trends
- Hay Compressing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Straw Compressing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Cotton Compressing
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Others
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
- Overview
- Global Agriculture Baler Market, By Region, 2020 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2029
- Y-o-Y Growth Analysis (%), 2020 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
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- McHale
- Company Overview
- Type Portfolio
- Key Highlights
- Financial Overview
- Business Strategies
- CLASS KGaA mbH
- Krone NA Co.
- International Baler Corporation
- Vemeer Corporation
- Kartar Agro Industries Pvt. Ltd.
- Takakita Co. Ltd.
- New Holland
- Deer & Company
- Hesston
- IHI Corporation
- KUHN S.A.
- McHale
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- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The agriculture baler market is segmented into type, application, and region.
Factors driving the market include the increasing demand for efficient hay and straw baling solutions, advancements in technology for enhanced baler performance, and the rising adoption of mechanized farming practices
Global restraints may involve challenges related to high initial costs of baler equipment, maintenance complexities, and the impact of economic fluctuations on the agriculture sector.
The report considers regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is anticipated to dominate the market, with a significantly high revenue share projected over the forecast period.
The key players operating in the target market include CLASS KGaA mbH, Krone NA Co., International Baler Corporation, Vermeer Corporation, Kartar Agro Industries Pvt. Ltd., Takakita Co. Ltd., New Holland, Deere & Company, Hesston, IHI Corporation, and KUHN S.A.