Global Fertilizing Machinery Market
Machinery

Insights Into The Fertilizing Machinery Market’s Growth Opportunities Through 2023-2032 – Includes Fertilizing Machinery Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

High demand for food crops across the globe are expected to drive innovation in fertilizing machinery manufacturing, thus driving the market during the forecast period.

 

The global fertilizing machinery market is expected to grow from $14.83 billion in 2022 to $16.22 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The global fertilizing machinery market size is expected to grow to $22.22 billion in 2027 at a CAGR of 8.2%.

 

Get A Free Sample On The Global Fertilizing Machinery Market Report:
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Global Fertilizing Machinery Market Segments Include:

  • By Product Type:Fertilizer Dryers, Fertilizer Screening Machines, Fertilizer Crushers, Fertilizer Granulators, Fertilizer Mixers
  • By Disc Type:Single Disc Fertilizer Spreaders, Double Disc Fertilizer Spreaders
  • By Application:Agriculture, Forestry, Greenbelt, Other Applications
  • By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global fertilizing machinery market in 2021.

 

Major Market Players in the fertilizing machinery market include Deere & Company, Kuhn Group, AGCO Corporation, Kubota Corporation, Lanco Equipment, CNH Industrial, Mahindra Tractors, Simonsen Industries, Crump Spreaders Australia, and Gason.

 

The launch of fertilizer drone machines is gaining popularity in the fertilizing machinery market. Fertilizer drone machines can be used for the fertilization of crops such as rice, wheat, vegetables, seeding, flowers, and others. It can also reduce the use of pesticides by 20% compared to manual operations, greatly reduce operating time, reduce the cost of growers, and increase spraying accuracy. For instance, in 2021, Da-Jiang Innovations (DJI) launched DJI AGRAS T20, an agriculture drone with an upgraded spraying system. The DJI AGRAS T20 can carry a maximum payload of 20kg, and the layout of the nozzles has been optimized to improve the uniformity of spray droplets by 20% and the spray width by seven meters. This improved form of system is designed for various applications, such as grassland reseeding, granular fertilizer spreading, and the spreading of feed for fish and shrimp.

 

The Fertilizing Machinery Global Market Report 2023  provides a fertilizing machinery market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fertilizing machinery market forecast analyzes fertilizing machinery market size, fertilizing machinery market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Fertilizing machinery refer to solutions to crop farmers to sow the seeds for crop production and spread fertilizers.

 

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