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Global Seed Drill Machines Market Is Set To Reach A Valuation Of US$ 769.8 Million By 2032

05-10-2022 01:19 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Global Seed Drill Machines Market Is Set To Reach A Valuation

Global Seed Drill Machines Industry Outlook in 2022 and Beyond


The Seed Drill Machines industry is looking forward to 2022 with a sense of optimism. In 2022, Seed Drill Machines sales recovered in the last quarter to salvage lost momentum during March-April 2022. And, as vaccine rollout gains momentum, most automakers are hoping for better performance in 2022.


US Seed Drill Machines Industry Set to Recover in 2022

In 2022, US Seed Drill Machines sales were to the tune of 17.1 million. The outbreak of COVID-19 in early 2022, and subsequent shutdown created apprehensions that 2022 may be the worst year for US auto industry since Great Depression.



However, Seed Drill Machines sales climbed back slowly in US, partly helped by a quick shift to online sales. Many US automakers are now investing highly in online sales channel, with 2022 expected to witness high online sales.



As per early success of vaccine inoculation and consumer receptivity toward online sales, it is highly likely that 2021 will be a better year for sales. Total Seed Drill Machines sales in US are likely to be in the range of 15.5 million to 16 million.

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Seed Drill Machines Industry Research by Category
Seed Drill Machines Market by Product :

Mechanical Seed Drills
Pneumatic Seed Drills
Combination Seed Drills
Manual Seed Drills
Seed Drill Machines Market by Mechanism :

Disc Seed Drill Machines
Tine Seed Drill Machines
Seed Drill Machines Market by Working Width :

Below 2 m Seed Drill Machines
2-3 m Seed Drill Machines
3-4 m Seed Drill Machines
4-5 m Seed Drill Machines
Above 5 m Seed Drill Machines
Seed Drill Machines Market by Region :

North America Seed Drill Machines Market
Latin America Seed Drill Machines Market
Europe Seed Drill Machines Market
East Asia Seed Drill Machines Market
South Asia & Oceania Seed Drill Machines Market
MEA Seed Drill Machines Market
Europe Seed Drill Machines Market Players Can Benefit from Foreign Exports

The Europe automobile market is also likely to witness a recovery in 2021. The European Automobile Manufacturers' Association is hoping for a 10% increase in sales.


As is the case in US, European auto industry is hoping that vaccine inoculation brings the pandemic under control. Many countries in Europe have witnessed severe waves of COVID-19 pandemic, and are now in recovery phase.


While the domestic Seed Drill Machines demand is likely to recover at a steady pace in Europe, exports to China, Latin America, and Asia Pacific are likely to induce momentum for European auto companies.


China will Further its Lead as World's Largest Seed Drill Machines Market


The Seed Drill Machines industry in China represents the brightest optimism for any country globally. The pandemic recovery in China is at an advanced stage as compared to western countries. Further, the government in China is focusing on a massive infrastructure push, which is likely to help automakers exporting their wares to China.


China is the only major economy to have grown in 2022, and country's China Association of Automobile Manufacturers is forecasting 26 million sales in 2021. Volkswagen Group and General Motors are likely to maintain their position as the country's largest foreign automakers.

China is the world's largest automobile market, and going by the economic scenario and COVID-19 recovery, the country is likely to remain at numero uno position in the future as well.

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Indian Seed Drill Machines Outlook Subdued by COVID-19 Resurgence


The Indian automobile industry is beset with challenges arising due to a nation-wide second wave of COVID-19 epidemic. Things were looking up for the Indian automobile industry, however, lockdown measure to contain a more virulent COVID-19 can dent overall sales in 2022.


The localized restrictions imposed by governments can have an impact on dealership activity, logistics, and in-showroom consumer visits. Also, it is anticipated that India may have to brace up for further waves of COVID-19, which can dent consumer sentiment.

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Competitive Landscape: Top Companies in Seed Drill Machines Market

The global seed drill machines market is highly competitive and fragmented because of the presence of numerous regional and international players. Several marketing strategies such as mergers and acquisitions, expansions, partnerships, and collaborations are being adopted by key players in the market.

Along with this, new product development is also adopted as a strategic approach by companies to expand their presence in the market and garner a wider consumer base.

For instance :

Mahindra and Mahindra, in 2022, announced the launch of a new potato planting machine under the Farm Equipment Sector (FES). It is developed in collaboration with Dewulf, which is the company's Europe-based partner. This planter ensures a high level of singulation and is likely to offer higher yield and enhanced quality
Deere and Company, in 2022, was awarded with eight 2022 AE50 awards for innovations in improving agricultural production, tractors, planters, liquid fertilizer systems, cotton harvesters, etc.
Fact.MR has provided detailed information about the price points of key manufacturers in seed drill machines market positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.


Key Long-term Trends

Overall, the Seed Drill Machines industry is looking for a recovery year in 2021. While China is anticipated to take the lead, healthy recovery in US and Europe markets will create necessary impetus. Amidst the recovery phase, there will be some mega trends and some subtle trends that will have a bearing on Seed Drill Machines market in the long run. These include,


Seed Drill Machines digital retail
Seed Drill Machines digital retail will make further inroads in 2021. As localized restrictions and consumer discretion increase due to COVID-19, more consumers are opening up to the idea of online automobile purchase. This trend is likely to become stronger in 2021, especially in US and Western Europe


Further gains in connected and autonomous cars
Connected and autonomous cars may have lost some of their momentum in 2022, but their long-term forecast remains bullish. Automakers are increasingly aware of the white space Silicon Valley giants are eyeing. In the long run, an increase in proprietary software of partnership with tech companies will be in the offing.


Electric vehicle sales will continue unabated
The sales of electric vehicles have grown from strength to strength, dispelling the skepticism and early apprehensions. The focus now is on developing a scalable production model and enough charging stations so consumers are confident of investing in the technology of tomorrow.


For More Insights- http://www.prnewswire.com/news-releases/online-grocery-delivery-services-booming-amid-pandemic-factmr-301272676.html

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