The Global Planting Machines Market Report by The Business Research Company covers planting machines market drivers and restraints, planting machines market size, major players, and the impact of COVID-19 on the planting machines market.
The planting machines market consists of sales of planting machines by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing planting machines including precision planters (row crop), grain drills, broadcasters, potato planters, vegetable planters, and others.
The workforce shortage in agriculture is expected to drive the planting machines market. An increase in urbanization followed by an increased high-level literacy rate has decreased the available personnel for farm work.
The global planting machines market is expected to grow from $38.97 billion in 2020 to $43.43 billion in 2021 at a compound annual growth rate (CAGR) of 11.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $62.49 billion in 2025 at a CAGR of 9.5%.
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Some planting machines market trends include introduction of advanced technologies. Major players operating in the market are focusing on introducing advanced technologies to decrease cost and boost production. The companies are introducing drones for planting seeds that addresses the labor shortage and also gives higher productivity. For instance, in May 2020, XAG, a China-based company engaged in manufacturing agricultural drones launched a new drone for rice seeding, to relieve the shortage of labor in agriculture. Moreover, in September 2020, Dendra Systems, a manufacturer of global ecosystem restoration tools raised $10 million in Series A to restore the ecosystem by drone.
Global planting machines market segments include:
1) By Machinery: Seed Drill, Planters, Air Seeders, Others.
2) By Design: Automatic, Mechanical.
3)By Type – Planting Machinery and Fertilizing Machinery.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Planting Machines Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides planting machines market overviews, analyzes and forecasts market size, share, planting machines market players, planting machines market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The planting machines market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Planting Machines Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: AGCO Corp., Bourgault Industries Ltd., Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial NV, Deere & Co., ISEKI & Co. Ltd., Kubota Corp., Mahindra & Mahindra Ltd., Yanmar Holdings Co. Ltd., Kasco Manufacturing Co. Inc, Davimac Pty. Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The planting machines Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The planting machines Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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