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Planting Machinery Market Trends

  • Report ID: GMI7426
  • Published Date: Jul 2024
  • Report Format: PDF

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.
 

Companies operating in the market are focused on continuous innovation in machinery such as precision planting equipment, GPS-guided systems and automated technologies that optimizes the efficiency and productivity on farms. Furthermore, various research institutions and universities are coming up with innovative machinery designs. For instance, in February 2023, the Patent Office, the Government of India granted registration of design for seed-cum-fertilizer drill to Kerela Agricultural University (KAU) for 10 years. The new machinery is used to sow seeds in rows and apply fertilizers at the same time in well-drained, ploughed and levelled fields. The machinery is manually operated an take an hour to plant crops at an inter-row spacing of 30 cm in 10 cents.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size for planting machinery was valued at USD 18.9 billion in 2023 and is estimated to register over 6.5% CAGR between 2024 and 2032, driven by the growing demand in food production.

The automatic planting machinery market held over 65% share in 2023 and is expected to reach USD 23 billion by 2032, due to its ability to significantly improve efficiency and precision in the planting process.

Asia Pacific market recorded over 38% share in 2023 and will grow rapidly through 2032, due to the region's increasing focus on modernizing agriculture for improved productivity.

CLAAS KGaA mbH, CNH Industrial N.V, Deere & Company (John Deere), Great Plains Manufacturing, Inc, Kubota Corporation, Kuhn Group, and Mahindra & Mahindra Ltd. among others.

Planting Machinery Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 280
  • Countries covered: 21
  • Pages: 250
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