Agricultural Balers Market, by Product Type (Square Balers and Round Balers), by Application (Hay Compressing, Cotton Compressing, Straw Compressing, Silage Compressing, and Others), by End User (Individual and Industrial), by Region (North America, South America, Europe, Asia Pacific, and Middle East & Africa) – Size, Share Outlook, and Opportunity Analysis, 2022-2028
Key players are adopting in-organic growth strategies such as new product launches in order to expand its product portfolio in the agricultural balers market. In November 2019, New Holland Agriculture which is one of the world’s leading agriculture equipment brands has recently delivered the first BigBaler 890 Plus in the Indian Market. The new BigBaler 890 model takes the baler range to a whole new level of productivity and efficiency, and delivers best-in-class bale quality with up to 10% more density.
In 2017, John Deere introduces new baler-wrapper machines to round baler portfolio in the North America to help in producing all types of forages. The company has launched round baler line-up include C451R and C461R Combination Round Balers, which can help producers to efficiently cut, bale and wrap all types of forage.
In 2017, New Holland Agriculture BR6090 Round Baler won Gold Award at China’s Agricultural Machinery Products of the Year. The New Holland BR6090 Round Baler was bestowed with the Gold Award for Application Contribution.