The global barley market is expected to grow at a CAGR of 5.54% during the period 2018-2022.
Global Round Balers Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the increasing preference for round balers equipped with a pre-cutting system. Round balers with pre-cutting systems produce dense round bales and consist of knives to cut forage. Such advantages of using round balers with pre-cutting systems will foster the growth of the market during the next few years.
According to the report, one of the major drivers for this market is the expansion of vendors offering round balers. The increasing demand for agriculture machinery across regions has led to the setting up of customer service centers and dealership facilities. Vendor expansions will strengthen their geographical presence and accelerate the growth of the market in the forthcoming years.
Further, the report states that one of the major factors hindering the growth of this market is the growing preference for pre-used round balers. Farmers cultivating small and medium sized crops prefer using pre-used models of round balers to reduce initial investments. The rising demand for pre-used round balers can adversely affect the global round balers market throughout the forecast period.
- Deere & Company
- Maschinenfabrik Bernard KRONE
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product
8. Customer Landscape
9. Regional Landscape
10. Decision Framework
11. Drivers and Challenges
12. Market Trends
13. Vendor Landscape
14. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/7nkxcv/global_round?w=4