Planting and Fertilizing Machinery Market Trends, Share, Size, Demand and Future Outlook
Planting and Fertilizing Machinery Market Growth, Size, Trends Analysis- By Type, By Design- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Oct-2024 | Report ID: AGRI2444 | Pages: 1 - 248 | Formats*: |
| Category : Agriculture | |||
Planting and Fertilizing Machinery Market Introduction and Overview
According to SPER Market Research, the Global Planting and Fertilizing Machinery Market is estimated to reach USD 24.11 billion by 2033 with a CAGR of 7.55%.
The report includes an in-depth analysis of the Global Planting and Fertilizing Machinery Market, including market size and trends, product mix, applications, and supplier analysis. Modern agriculture relies heavily on planting and fertilizing technology because it makes the process of planting more efficient and guarantees that nutrients are distributed precisely for the best possible crop development. These devices, which are made to increase productivity, precision, and efficiency in the field, include fertilizer spreaders, transplanters, planters, and seed drills. The integration of advanced machinery with technology such as automation, sensors, and GPS improves precision farming by minimizing waste of seed and fertilizer and increasing production. New developments in this technology provide options for both large-scale industrial farms and more modest, sustainable enterprises, accommodating a range of soil types, crops, and agricultural sizes. These devices help to increase food production and sustainable agricultural methods by maximizing planting depth, spacing, and fertilizer delivery.
- September 2023; John Deere launched the new ExactRateâ„¢ technology, an advanced fertilizer application system designed to optimize plant growth by ensuring precise nutrient delivery during planting.
- July 2023; CNH Industrial introduced its autonomous planting system at the Farm Progress Show, offering fully automated machinery for planting and fertilizing to enhance efficiency and reduce labour costs in farming operations.
Market Opportunities and Challenges
Opportunities- Numerous important reasons are driving the market for planting and fertilizing machinery. Farmers are under pressure to embrace cutting-edge gear that boosts production and lowers labour costs as a result of the growing need for improved agricultural output brought on by the growing global population. With the rise in popularity of precision farming technology, such automation and GPS-guided systems, planting and fertilizer application can now be done with greater accuracy. Market expansion is also aided by government subsidies and programs that stimulate agricultural mechanization. The need for cutting-edge planting and fertilizing equipment is also being further fuelled by growing awareness of sustainable agricultural methods, such as cutting input waste and enhancing resource efficiency. Large-scale commercial farms' growth is another factor driving the industry.
Challenges- There are several obstacles facing the market for planting and fertilizing machinery. Widespread adoption of modern gear is hampered by its high initial costs, particularly for small-scale farmers. Farmers often find it challenging to invest in new equipment due to the restricted availability of finance and funding in rural areas. Operators must go through a learning curve due to the intricacy of emerging technologies like automation and precision farming, which need for specific expertise and training. Variations in agricultural commodity prices influence market expansion as well since they might make it more difficult for farmers to invest in machinery. Another problem is that the use of fertilization equipment may be restricted in some areas due to environmental concerns and fertilizer-related legislation.
Market Competitive Landscape
Global Planting and Fertilizing Machinery Market is a highly competitive arena due to the presence of multiple global and regional companies in the competitive environment. Leading companies are concentrating on several crucial business tactics, including joint ventures, partnerships, and acquisitions to raise their individual market shares. Leading companies in the industry are Deere & Company, AGCO Corporation, CNH Industrial NV, KUHN Group, CLAAS Group, Mahindra & Mahindra Limited.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Type, By Design. |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa, and Europe. |
| Companies Covered | Deere & Company, AGCO Corporation, CNH Industrial NV, KUHN Group, CLAAS Group, Mahindra & Mahindra Limited, Yanmar Corporation, Lanco Equipment, Kubota Corporation, Buhler Industries Inc. |
COVID-19 Impact on Global Planting and Fertilizing Machinery Market
The Planting and Fertilizing Machinery Market was greatly affected by the COVID-19 outbreak. Manufacturing activity restrictions, workforce shortages, and supply chain interruptions resulted in production and delivery delays for machinery. Market swings put farmers in a precarious financial position, making it harder for them to invest in new equipment. On the other hand, while labour shortages and social distance increased the demand for more productive technology, the pandemic also hastened the implementation of automation and precision agricultural technologies. Although the need for food production remained high, the market recovered slowly as a result of government relief efforts and encouragement of agricultural automation.
Key Target Audience:
- Agricultural machinery manufacturers and suppliers
- Farmers and agricultural cooperatives
- Government agricultural agencies and departments
- Agribusiness companies
- Research and development institutions in agriculture
- Farm equipment dealers and distributors
- Agricultural contractors and service providers
- Financial institutions and investors in agricultural equipment
- Precision farming technology providers
- Sustainable agriculture and organic farming organizations
Our in-depth analysis of the Planting and Fertilizing Machinery Market includes the following segments:
| By Type: | |
| By Design: |
Key Topics Covered in the Report:
- Global Planting and Fertilizing Machinery Market Size (FY’2024-FY’2033)
- Overview of Global Planting and Fertilizing Machinery Market
- Segmentation of Global Planting and Fertilizing Machinery Market By Type (Planting Machinery and Fertilizing Machinery)
- Segmentation of Global Planting and Fertilizing Machinery Market By Design (Automatic, Mechanical)
- Statistical Snap of Global Planting and Fertilizing Machinery Market
- Expansion Analysis of Global Planting and Fertilizing Machinery Market
- Problems and Obstacles in Global Planting and Fertilizing Machinery Market
- Competitive Landscape in the Global Planting and Fertilizing Machinery Market
- Impact of COVID-19 and Demonetization on Global Planting and Fertilizing Machinery Market
- Details on Current Investment in Global Planting and Fertilizing Machinery Market
- Competitive Analysis of Global Planting and Fertilizing Machinery Market
- Prominent Players in the Global Planting and Fertilizing Machinery Market
- SWOT Analysis of Global Planting and Fertilizing Machinery Market
- Global Planting and Fertilizing Machinery Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Planting and Fertilizing Machinery Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Planting and Fertilizing Machinery Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Planting and Fertilizing Machinery Market
7. Global Planting and Fertilizing Machinery Market, By Type (USD Million) 2020-2033
7.1. Global Planting and Fertilizing Machinery Market Size, Share and Forecast, By Type, 2020-20267.2. Global Planting and Fertilizing Machinery Market Size, Share and Forecast, By Type, 2027-20337.3. Planting Machinery7.4. Fertilizing Machinery
8. Global Planting and Fertilizing Machinery Market, By Design (USD Million) 2020-2033
8.1. Global Planting and Fertilizing Machinery Market Size, Share and Forecast, By Design, 2020-20268.2. Global Planting and Fertilizing Machinery Market Size, Share and Forecast, By Design, 2027-20338.3. Automatic8.4. Mechanical
9. Global Planting and Fertilizing Machinery Market Forecast, 2020-2033 (USD Million)
9.1. Global Planting and Fertilizing Machinery Market Size and Market Share
10. Global Planting and Fertilizing Machinery Market, By Region, 2020-2033 (USD Million)
10.1. Global Planting and Fertilizing Machinery Market Size and Market Share By Region (2020-2026)10.2. Global Planting and Fertilizing Machinery Market Size and Market Share By Region (2027-2033)10.3. Asia-Pacific
10.3.1. Australia10.3.2. China10.3.3. India10.3.4. Japan10.3.5. South Korea10.3.6. Rest of Asia-Pacific
10.4. Europe
10.4.1. France10.4.2. Germany10.4.3. Italy10.4.4. Spain10.4.5. United Kingdom10.4.6. Rest of Europe
10.5. Middle East and Africa
10.5.1. Kingdom of Saudi Arabia10.5.2. United Arab Emirates10.5.3. Qatar10.5.4. South Africa10.5.5. Egypt10.5.6. Morocco10.5.7. Nigeria10.5.8. Rest of Middle-East and Africa
10.6. North America
10.6.1. Canada10.6.2. Mexico10.6.3. United States
10.7. Latin America
10.7.1. Argentina10.7.2. Brazil10.7.3. Rest of Latin America
11. Company Profile
11.1. Deere & Company
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. AGCO Corporation
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. CNH Industrial NV
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. KUHN Group
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. CLAAS Group
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Mahindra & Mahindra Limited
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Yanmar Corporation
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Lanco Equipment
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Kubota Corporation
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Buhler Industries Inc
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Planting and Fertilizing Machinery Market grew in Market size from 2024. The Market is expected to reach USD 24.11 billion by 2033, at a CAGR of 7.55% during the forecast period.
Planting and Fertilizing Machinery Market CAGR of 7.55% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Planting and Fertilizing Machinery Market size is USD 24.11 billion from 2024 to 2033.
Planting and Fertilizing Machinery Market is covered By Type, By Design.
The North America is anticipated to have the highest Market share in the Planting and Fertilizing Machinery Market.
The key players in the Market include Companies Covered Deere & Company, AGCO Corporation, CNH Industrial NV, KUHN Group, CLAAS Group, Mahindra & Mahindra Limited, Yanmar Corporation, Lanco Equipment, Kubota Corporation, Buhler Industries Inc.
Modern agriculture relies heavily on planting and fertilizing technology because it makes the process of planting more efficient and guarantees that nutrients are distributed precisely for the best possible crop development. These devices, which are made to increase productivity, precision, and efficiency in the field, include fertilizer spreaders, transplanters, planters, and seed drills.
Planting and Fertilizing Machinery Market is projected to reach USD 24.11 billion by 2033, growing at a CAGR of 7.55% during the forecast period.
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