Table of Contents
Planting and fertilizing machinery is an extension of farm mechanization. After the inclusion of tractors and combine harvesters in farm mechanization, these machines have further mechanized tasks like soil fertilization and crop planting. While tractors and combine harvesters are commonplace across the globe, planting, and fertilizing machinery will further reduce manual intervention in agriculture. Apart from increasing efficiency, mechanization in fertilization and planting also increase precision.
Rising demand in developing countries currently has driven the global planting and fertilizing machinery market. The market is expected to grow at a stable pace to reach USD 13.2 billion by 2020. Government subsidies, scarcity of farm labor, high farm income, farm consolidation and widespread use of tractors are the major factors driving sales of planting and fertilizing machinery around the globe. The poor shelf life of conventional machines increases the need for advanced machinery to achieve productivity. Technological advancement through government support along with the heavy integration of precision farming is going to provide an opportunity for future growth.
North America and Europe are the major markets for planting and fertilizing machinery due to high land mass usage and extensive, large-scale farming practices. Asia-Pacific region led by India and China is a crucial market because of the increasing penetration of mechanization. Mechanization has become a part of agriculture in Asia because of increasing food productivity to feed the growing population and increased agricultural product export competence. Farmers are now compelled to invest in planting and fertilizing machinery as the processes involve high physical labor. Developed regions are expected to witness high demand for bigger equipment with high capacity to lessen the duration of the operation. Customization during product development and specific focus on local needs can help sustain the growth of the companies involved in this market.
The market is segmented further by product type and geography. Fertilizer spreaders, broadcast seeder, planters, and drills are some of the most used product types.
Some of the key players in planting and fertilizing market are:
AGCO Corp. (US)
Buhler Industries, Inc. (Canada)
CNH Industrial N.V. (UK)
Deere & Company (John Deere) (US)
Great Plains Ag (US)
Iseki & Co., Ltd. (Japan)
Kasco Manufacturing (US)
Kubota Corporation (Japan)
Kuhn Group (France)
Kverneland Group (Norway)
What the Report Offers
Market analysis for the Global Agricultural Planting and Fertilizing Machinery Market, with region specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers and restraints.
Identification of factors instrumental in changing the market scenario and rising prospective opportunities, along with the identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
Insights on the major countries/regions where this industry is blooming and to also identify the regions that are still untapped.
Please note: this report requires certain updates. We have all the information available but require 2 business days to complete the process and ensure it is as up-to-date as possible.
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