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Global Bale Handling Equipment Market Analysis & Forecast Report: 2019 to 2023 - ResearchAndMarkets.com

March 22, 2019

DUBLIN--(BUSINESS WIRE)--Mar 22, 2019--The “Global Bale Handling Equipment Market 2019-2023” report has been added to ResearchAndMarkets.com’s offering.

The bale handling equipment market will register a CAGR of almost 5% by 2023.

Bale handling is one of the significant post-harvest activities in agricultural fields. Efficient bale handling helps farmers to avoid forage losses in fields. Proper bale handling enables bales to retain the oxygen-free condition throughout the entire storage period, and the silage is perfectly preserved until it is feed-out. Furthermore, silage bales also provide the convenience of easy transportation to various locations.

Bale handling also helps in performing baling with high moisture content to reduce leaf loss and provides high-quality protein. Moreover, end-users of bales such as livestock farmers also prefer high-quality bales for feeding purpose, which include desired moisture level, more favorable fermentation in terms of sugar content than in wetter material and minimized seepage losses. Therefore, the growing focus of farmers on reducing forage losses in fields may drive the market growth of bale handling equipment during the forecast period.

Growing farmers’ inclination toward high-quality feed options

The bale handling equipment provides more benefits to small and part-time farmers. The baling of silage can be treated as an alternative to dry hay for livestock farmers. Hence, the growing inclination of farmers toward convenient feed options may increase the bale handling activities in agricultural fields, which, in turn, may drive the global bale handling equipment market during the forecast period.

Impact of climate change on hay production

Agricultural production is directly dependent on climate variables such as temperature. An increase in temperature can reduce the yields of forage crops. Unfavorable climate change negatively affects forage crop production. Hence, reduction in hay production in various countries will negatively impact the demand for agricultural equipment such as bale handling equipment during the forecast period.

Competitive Landscape

The market appears to be fairly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.

Key Players

  • Alamo Group Inc.
  • Deere & Company
  • KUBOTA Corporation
  • McHale
  • Vermeer Corporation

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Comparison by product
  • Bale wrappers - Market size and forecast 2018-2023
  • Bale spears - Market size and forecast 2018-2023
  • Bale carriers - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Growing popularity of large-sized bale handling equipment
  • Increasing adoption of high-speed bale handling equipment on agricultural fields
  • New product launches

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Alamo Group Inc.
  • Deere & Company
  • KUBOTA Corporation
  • McHale
  • Vermeer Corporation

For more information about this report visit https://www.researchandmarkets.com/research/66js8j/global_bale?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190322005426/en/

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Related Topics:Agricultural Machinery and Equipment

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING NATURAL RESOURCES AGRICULTURE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 03/22/2019 02:35 PM/DISC: 03/22/2019 02:35 PM

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