Global Planting Machines Market Trends And Strategies Of Major Players In The Planting Machines Market 2021-2030

The planting machines market consists of sales of planting machines by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing planting machines including precision planters (row crop), grain drills, broadcasters, potato planters, vegetable planters, and others.

Global Planting Machines Market Size And Drivers:

The global planting machines market is expected to grow from $38.97 billion in 2020 to $43.43 billion in 2021 at a compound annual growth rate (CAGR) of 11.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $62.49 billion in 2025 at a CAGR of 9.5%. The workforce shortage in agriculture is expected to drive the planting machines market.

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Trends In The Global Planting Machines Market

Alternative food production methods are anticipated to hinder the planting machine market. New techniques like hydroponics, aeroponics, vertical farming, and lab-grown food have grown and are expected to grow more in the coming years as an alternative to the traditional method of agriculture. For instance, Future Farms, a Chennai-based start-up reduced water consumption by 90% through hydroponic farms, while increasing yield by around four times. The high yield rate with less area and water, decrease in arable land, and water scarcity further propels the demand for alternative techniques which acts as a major restraint for the planting machines market’s growth.

Global Planting Machines Market Segments:
The global planting machines market is further segmented –
By Machinery: Seed Drill, Planters, Air Seeders, Others
By Design: Automatic, Mechanical
By Type: Planting Machinery and Fertilizing Machinery
By Geography: The global planting machines market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Planting Machines Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides planting machines market overviews, analyzes and forecasts market size and growth for the global planting machines market, planting machines market share, planting machines market players, planting machines market segments and geographies, planting machines market’s leading competitors’ revenues, profiles and market shares. The planting machines market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.