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Planting Machinery Market Trends

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

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Planting Machinery Market Trends

The development of sustainable and eco-friendly planting solutions could be an emerging trend in the planting machinery industry. There has been a growing emphasis on sustainability in agriculture. Manufacturers are also exploring and implementing eco-friendly technologies, such as energy-efficient equipment and planting practices that minimize environmental impact.

According to an EPA report, although overall emissions from U.S. agriculture have risen, improved efficiency has led to a decrease in emissions per unit of food produced. In 2021, agriculture contributed to nearly 11% of the total U.S. greenhouse gas emissions. However, emissions per unit for most agricultural products have decreased. For instance, between 1990 and 2018, the greenhouse gases released by American farmers to generate 2000 calories of food—approximately a day's nutritional requirement for an adult—decreased by slightly more than one-fifth. This trend aligned with increasing awareness of sustainable agriculture practices and the need for reduced ecological footprints in farming.

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.