PUBLISHER: The Business Research Company | PRODUCT CODE: 1819044
PUBLISHER: The Business Research Company | PRODUCT CODE: 1819044
Haying machines are agricultural equipment designed for cutting, drying, and gathering hay to be stored as livestock fodder. These machines perform critical functions such as mowing (cutting the grass), conditioning (crushing or crimping to accelerate drying), and baling or stacking the hay. By streamlining the hay production process, haying machines improve efficiency, reduce manual labor, and help preserve the quality of hay for animal feed.
The primary machine types within the category of haying machines include mowers, tedders and rakes, balers, and various other types of machines. Mowers are specifically designed for cutting grass and other vegetation. These machines are distributed through two main sales channels, which are Original Equipment Manufacturers (OEMs) and aftermarket sales. Haying machines find applications in both large farms and small to medium-sized farms, catering to a range of agricultural operations.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and rising trade tensions in spring 2025 are having a substantial impact on the machinery sector, driving up the costs of essential components such as steel, hydraulic systems, and precision bearings many of which are sourced from regions affected by the tariffs. Manufacturers of construction, agricultural, and industrial machinery are now facing tighter profit margins, as existing long-term contracts limit their ability to raise prices immediately. This climate of uncertainty has also led to postponed investments in automation and smart machinery, slowing potential productivity improvements. In response, companies are focusing on developing local suppliers, redesigning products to incorporate alternative materials, and adopting predictive maintenance strategies to extend equipment life and reduce the need for costly replacements.
The haying machines market research report is one of a series of new reports from The Business Research Company that provides haying machine market statistics, including haying machines industry global market size, regional shares, competitors with a haying machine market share, detailed haying machines market segments, market trends and opportunities, and any further data you may need to thrive in the haying machines industry. This haying machines market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The haying machines market size has grown strongly in recent years. It will grow from $27.28 billion in 2024 to $28.99 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to agricultural mechanization, increased farm productivity, labor shortages, environmental concerns.
The haying machines market size is expected to see strong growth in the next few years. It will grow to $36.48 billion in 2029 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to precision agriculture, increasing demand for forage crops, adoption of automation and robotics, climate change impact, market expansion in developing countries. Major trends in the forecast period include technology advancements, increasing mechanization, automation and robotics.
The forecast of 5.9% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through delayed shipments of rotary rakes and balers, imported from Germany and Italy, raising operational costs for livestock feed producers. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
The rising livestock population is expected to drive the growth of the haying machines market during the forecast period. This increase in livestock is primarily due to the growing global demand for meat, dairy products, and other animal-derived goods, along with advancements in animal husbandry practices and improved veterinary care. Haying machines play a crucial role in supporting livestock production by efficiently cutting, drying, and baling hay, ensuring a consistent supply of high-quality feed essential for maintaining livestock health and productivity. For example, according to the Department of Animal Husbandry and Dairying, an India-based government department, the total livestock population in 2022-23 reached 535.78 million. Thus, the rising livestock population is driving the expansion of the haying machines market.
The upsurge in government initiatives aimed at supporting farmers is projected to significantly drive growth within the haying machines market. These initiatives encompass diverse policies and programs undertaken by governments to assist agricultural entities by providing resources and aid. Government support to farmers often includes financial backing, technology promotion, infrastructural improvements, fuel and maintenance subsidies, training, educational support, and encouragement for crop diversification. For instance, the UK government's announcement in August 2022 outlines an allocation of up to $591,220 (£500,000) in funding for English farmers and growers. This initiative, part of the $270 million Farming Innovation Program, aims to enhance food output through investment in cutting-edge robotics and technology, thus driving growth in the haying machines market.
The haying machines market is witnessing a surge in the introduction of various innovations aimed at amplifying productivity and efficiency. New Holland Agriculture, a US-based agricultural equipment company, introduced the Discbine PLUS Series in August 2022, designed to elevate output and safeguard valuable feed nutrients. Noteworthy enhancements include a modern appearance, marked by striking yellow accents symbolizing suitability for commercial use. These machines feature an innovative center-pivot tongue, offering nimble maneuverability, and a standard swivel gearbox hitch for secure and swift operations along with trouble-free headland turns.
Prominent players within the haying machines market are actively pursuing innovation, particularly in technologies such as round balers, to fortify their market standing. Round balers, used to compact and bundle crops like hay or straw into cylindrical bales, are witnessing advancements in technology. In August 2023, Deere & Company, a leading US-based agricultural machinery manufacturer, introduced the 1 Series round balers. These models are focused on integrating advanced technology to amplify the efficiency and productivity of farmers. Featuring John Deere's Bale Doc technology, these balers enable real-time monitoring and post-harvest analysis of bale moisture and weight. Offering three pickup options, these balers boast a high-capacity pickup with a dual rotor system for increased throughput, allowing farmers to produce up to 80 more bales per day compared to prior models. Automation technology reduces operator fatigue by handling tasks like gate operation, while an optional net roll lift assist streamlines the roll-loading process.
In June 2022, Oxbo International Corporation, a US-based farm machinery and equipment company, acquired H&S Manufacturing Co. for an undisclosed amount. This acquisition is intended to help Oxbo International Corporation expand its product portfolio and enhance its market position. H&S Manufacturing Co. is a US-based company specializing in the manufacturing of haying machinery.
Major companies operating in the haying machines market include AGCO Corporation, Buhler Industries Inc., Kuhn Group, Kubota Corporation, Deere & Company, CLAAS KGaA mbH, CNH Industrial N.V., IHI Corporation, Pottinger Landtechnik GmbH, Iseki & Co. Ltd., Bernard Krone Holding SE & Co. KG, Bernard Krone Holding GmbH & Co. KG, Kverneland Group GmbH, Lely Industries N.V., Vermeer Corporation, LOVOL Heavy Industry Co. Ltd., Alois Pttinger Maschinenfabrik Ges.m.b.H., Alamo Group Inc., Anderson Group Co. Inc., CNH Industrial America LLC, Enorossi S.r.l., Fella-Werke GmbH, Goweil Maschinenbau GmbH, Hesston Corporation, JF-Stoll Ltd., Daedong-USA Inc., Kuhn North America Inc., Massey Ferguson Ltd.
The Asia-Pacific was the largest region in the haying machines market in 2024. North America was the second largest region in the haying machines market. The regions covered in the haying machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the haying machines market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain