Global Planting and Fertilizing Machinery Market Trends, Applications, Analysis, Growth, and Forecast 2028

Global Planting and Fertilizing Machinery Market: Introduction 

“The global Planting and Fertilizing Machinery Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Planting and fertilizing machinery use mechanized methods for farming activities such as planting seeds and applying fertilizers to crops.

Global Planting and Fertilizing Machinery Market: Dynamics 

Increasing adoption of planting and fertilizing machinery to increase agricultural productivity is a key factor expected to drive growth of the target market. In addition, increasing awareness regarding modern agricultural techniques such as measuring seed spacing accuracy, automated fertigation system, multi-hybrid systems, among others expected to drive growth of the global market.

In August 2018, for instance, US-based Great Plains Ag introduced new air drill cart “the ADC2352”, for a total seeding capacity of 350 bushels. In addition, positive government support such as subsidies and credit and bank financing for machinery are estimated to drive growth of planting and fertilizing machinery market over the long run.

However, lack of technical knowledge and skill is a major factor expected to hamper growth of the global planting and fertilizing machinery market. Whereas, shortage of labors and development of machinery specific to the needs are projected to support growth of the planting and fertilizing machinery market over the next 10 years.

Global Planting and Fertilizing Machinery Market: Segment Analysis

Among the machinery type segments, the fertilizing machinery segment projected to register higher growth rate in the potential market.

Global Planting and Fertilizing Machinery Market: Regional Analysis

Europe planting and fertilizing machinery market is estimated to dominate global market owing to increasing adoption of latest agricultural technologies Favorable government policies, subsidies, and awareness campaigns which is another factor anticipated to drive growth of the target market in the region. In addition, increasing awareness regarding alternative farming techniques, high investments along with the requirement of high-quality agricultural production are some other factors expected to drive growth of the target market in the region.

The Asia Pacific planting and fertilizing machinery market is projected to grow at a significant growth rate over the next 10 years. Agro-climatic conditions, a high proportion of arable land, and growing awareness among the farmers regarding the usage of agricultural techniques are some factors expected to drive growth of the target market in the Asia Pacific. Shifting preference towards advanced machinery for convenience and safety and to improve overall productivity are also projected to support growth of the target market in this region.

Moreover, increasing expenditure for research and development activities and favorable government support to introduce more advanced agriculture machinery and improve agricultural output in developing countries such as China, South Korea, and India are expected to propel growth of the target market.

The markets in Europe, Latin America, and Middle East & Africa are expected to grow gradually over the forecast period with growing demand for crop production and improvement in yields.

Global Planting and Fertilizing Machinery Market Segmentation:

Segmentation by Machinery Type:

• Planting Machinery
  • Seed Drill
  • Planters/ Transplanters
  • Broadcast Seeders
• Fertilizing Machinery
  • Liquid Fertilizer Spreaders/ Sprayers
  • Manure Spreaders

Segmentation by Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa