planting machines market
Machinery

Insights Into The Planting Machines Market’s Growth Opportunities Through 2023-2032 – Includes The Planting Machines Market Share

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

 

The workforce shortage in agriculture are expected to drive innovation in planting machines manufacturing, thus driving the market during the forecast period.

 

The global planting machines market is expected to grow from $47.28 billion in 2022 to $51.12 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The global planting machines market size is expected to grow to $68.82 billion in 2027 at a CAGR of 7.7%.

 

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Global Planting Machines Market Segments Include:

  • By Machinery: Seed Drill, Planters, Air Seeders, Other Machinery
  • By Design: Automatic, Mechanical
  • By Type: Planting Machinery, Fertilizing Machinery
  • 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 planting machines market in 2021.

 

Major Market Players in the planting machines market include AGCO Corp., Bourgault Industries Ltd., Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial NV, Deere & Co., ISEKI & Co. Ltd., Kubota Corp.

 

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 address the labor shortage and also give 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.

 

The Planting Machines Global Market Report 2023  provides a planting machines market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The planting machines market forecast analyzes planting machines market size, planting machines 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.

 

Planting machines refer to any type of machinery, equipment and apparatus used for industrial activity.

 

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