The planting equipment market is projected to reach USD 21.43 Billion by 2022, at a CAGR of 6.27% during the forecast period. The objectives of the report are to define, segment, and estimate the global planting equipment market size, in both quantitative and qualitative terms. The market is segmented on the basis of type, design, crop type, and region. It aims to provide detailed information about the crucial factors influencing the growth of the market, strategical analysis of micromarkets, opportunities for stakeholders, details of the competitive landscape, and profiles of the key players with respect to their market share & competencies.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=26629474

The mechanical segment accounted for the largest market share, by design, in 2016. The use of these equipment is not restricted by the topography of the farmland. Mechanical seeders or planters are also low on maintenance cost and the spare parts are easily available, which make them more affordable. The simpler design criteria also makes easier to understand the operation of the equipment.

The European region accounted for the largest market share followed by the North American region in 2016. This is due to better adoption of mechanized farming as compared to other regions, access to better research and development facilities, and favorable foreign direct investment (FDI) policies in agriculture.

Speak to Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=26629474

The major restraining factors are less availability of bigger farm lands in the countries for large-scale fresh produce. The major restraining factor is less availability of consolidated agricultural lands for growing crops, which are required for contract farming; this restricts the usage of air seeders which generally requires large agricultural lands for planting of seeds.

The planting equipment market is dominated by various players, depending on their core competencies. The key players in this market are Deere & Company (U.S.), AGCO Corporation (U.S.), Buhler Industries, Inc. (Canada), Kinze Manufacturing, Inc. (U.S.), Case IH Agricultural Equipment, Inc. (U.S.), Bourgault Industries Ltd. (Canada), Seed Hawk Inc. (Canada), SeedMaster Manufacturing Ltd. (Canada), Morris Industries Ltd. (Canada), Stara S/A Indústria de Implementos Agrícolas’ (Brazil), Kasco Manufacturing Co., Inc. (U.S.), and Davimac Pty. Ltd. (Australia).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]