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Planting Machinery Market Analysis

  • Report ID: GMI7426
  • Published Date: Nov 2023
  • Report Format: PDF

Planting Machinery Market Analysis

Based on type, the market is categorized into air seeder, seed drill, planter, and others. In 2022, the seed drill held major market share in market. The adoption of seed drills as planting machinery is promoted by their efficiency in optimizing seed placement, enhancing crop yields, and reducing input costs. These machines enable precise seed spacing and depth control, ensuring uniform germination and plant progress. Additionally, seed drills contribute to time savings and resource efficiency for farmers, making them a valuable investment. The technology's ability to enhance overall planting accuracy and reduce manual labor further drives its adoption in modern agricultural practices.

 

Planting Machinery Market Share, By Design, 2022

Based on design, the planting machinery market is divided automatic and mechanical. In 2022, the automatic segment held a market share of over 65%. Automatic planting machinery is experiencing high demand due to its ability to significantly improve efficiency and precision in the planting process. Automated systems, equipped with advanced technologies such as GPS guidance and sensors, enhance accuracy in seed placement, optimize spacing, and reduce the likelihood of overlap. This not only increases productivity but also minimizes resource wastage, making automatic planting machinery a sought-after choice for farmers looking to enhance yield, save time, and streamline their operations.

 

Asia Pacific Planting Machinery Market Size, 2021-2032 ( USD Billion)

Asia Pacific led the global planting machinery market with a major share of over 40% in 2022. Asia Pacific planting machinery industry is flourishing due to the region's increasing focus on modernizing agriculture for improved productivity. Governments in countries like China and India are investing heavily in agricultural mechanization. For instance, China's "Mechanization of Agriculture" policy aims to replace traditional farming methods with advanced machinery. India's National Mission on Agricultural Mechanization similarly promotes the use of modern equipment. These initiatives, coupled with a rising demand for efficient farming practices, contribute to the robust growth of the planting machinery industry in Asia Pacific.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Planting machinery industry was valued at USD 17 billion in 2022 and is projected to register a CAGR of over 7.5% by 2032, backed by a growing demand for food production due to a surge in global population alongside government support & subsidies for agriculture sector.

The automatic planting machinery industry share was over 65% in 2022 & is projected to grow swiftly through 2032, due to its ability to improve efficiency and precision in the planting process, equipped with advanced technologies such as GPS guidance and sensors.

Asia Pacific Planting Machinery market captured a revenue share of 40% in 2022 & is anticipated to grow swiftly through 2032 due to the region's increasing focus on modernizing agriculture for improved productivity alongside strong backing by the regional governments.

AGCO Corporation, Amity Technology LLC, Bucher Industries AG, CLAAS KGaA mbh, CNH Industrial N.V., Deere & Company (John Deere), Great Plains Manufacturing, Inc. are some of the major industry contenders.

Planting Machinery Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 223
  • Countries covered: 21
  • Pages: 200
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