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Fertilizing And Plant Protection Equipment Market Analysis 2023-2032: Industry Insights, Future Trends, Growth Opportunities And Major Players | Deere & Company, CropMetrics LLC, Trimble Navigation Limited., CropX Inc., AgSmarts Inc
Fertilizing And Plant Protection Equipment Market
Fertilizing And Plant Protection Equipment Market Size, Growth Rate, And Forecast:
The global fertilizing and plant protection equipment market size is expected to grow from $66.83 billion in 2022 to $71.76 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global fertilizing and plant protection equipment market size is expected to reach $91.48 billion in 2027 at a CAGR of 6.3%.
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Fertilizing And Plant Protection Equipment Market Drivers:
Inclination in global food consumption and population is expected to propel the growth of fertilizing and plant protection equipment going forward. The global food consumption refers to the total amount of food and calories that are consumed by people. Fertilizing and plant protection equipment are used for plant protection and enhancing the yield of crops.
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Fertilizing And Plant Protection Equipment Market Segments
By Type: Planting Machinery, Fertilizing Machinery
By Product Type: Sprayers, Hand Operated Sprayers, Motorized Sprayers, Boom Sprayers, Airblast Sprayers, Aerial Sprayers, Dusters, Other Types
By Application: Horticulture, Farm, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fertilizing And Plant Protection Equipment Market.
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Fertilizing And Plant Protection Equipment Market Key Players:
Major competitors in the fertilizing and plant protection equipment market include Deere & Company, CropMetrics LLC, Trimble Navigation Limited., CropX Inc., AgSmarts Inc., AgSense LLC.
The Business Research Company's "Global Fertilizing And Plant Protection Equipment Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Fertilizing And Plant Protection Equipment Market Include:
1. Executive Summary
2. Fertilizing and Plant Protection Equipment Market Characteristics
3. Fertilizing and Plant Protection Equipment Market Trends And Strategies
4. Fertilizing and Plant Protection Equipment Market - Macro Economic Scenario
5. Fertilizing and Plant Protection Equipment Market Size And Growth
……
26. Africa Fertilizing and Plant Protection Equipment Market
27. Fertilizing and Plant Protection Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fertilizing and Plant Protection Equipment Market
29. Fertilizing and Plant Protection Equipment Market Future Outlook and Potential Analysis
30. Appendix
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