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Fertilizing And Plant Protection Equipment Market Key Players, Market Analysis, Share, Trends And Forecast To 2033
Fertilizing And Plant Protection Equipment Market Drivers
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Rising Global Food Consumption And Population Growth Fueling The Demand For Fertilizing And Plant Protection Equipment
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. For instance, according to the United Nations Conference on Trade and Development, a Switzerland-based intergovernmental organization, the world population grew by 0.9% in 2021 and is expected to surpass 8 billion in 2022. Furthermore, in May 2022, the United States Department of Agriculture, a US-based federal executive department, the US food production reached 182.7 million hundredweight with an increase in imports by 10% projected at a record 38.0 million hundredweight in 2022. Therefore, the inclination in global food consumption and population will drive the fertilizing and plant protection equipment market.
Technological Advancements Transforming The Landscape Of Fertilizing And Plant Protection Equipment Market
Technological advancements are a key trend gaining popularity in the fertilizing and plant protection equipment market. Major companies in the fertilizing and plant protection equipment market are developing new and innovative agricultural technologies to strengthen their position in the market. For instance, in October 2021, Greeneye Technology, an Israel-based agriculture and crop protection technology company, launched a unique AI-enabled precision spraying technology. This technology can detect and spray weeds accurately, help reduce chemical usage in agriculture, and increase productivity and profitability for farmers. It is uniquely designed with precision spraying technology that ensures precision spraying at the travel speed of broadcast spraying - 20 km/h with no reduction in productivity for farmers.
The fertilizing and plant protection equipment market covered in this report is segmented -
1) By Type: Planting Machinery, Fertilizing Machinery
2) By Product Type: Sprayers, Hand Operated Sprayers, Motorized Sprayers, Boom Sprayers, Airblast Sprayers, Aerial Sprayers, Dusters, Other Types
3) By Application: Horticulture, Farm, Other Applications
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Major companies operating in the fertilizing and plant protection equipment market report are Deere & Company, CropMetrics LLC, Trimble Navigation Limited., CropX Inc., AgSmarts Inc., AgSense LLC, AGCO Corporation, Dickey-John Corporation, Monsanto Company, Ag Leader Technology Inc., Farmers Edge Inc., Geosys Holdings ULC, Granular Inc., Gro Intelligence Inc., Proagrica, Kubota Corporation, Mahindra & Mahindra Ltd., Kuhn S.A., Bucher Industries AG, Escorts Limited, Yanmar Co. Ltd., Iseki & Co. Ltd., Kverneland Group, Amazonen-Werke H. Dreyer GmbH & Co. KG, Fendt GmbH, Hardi International A/S, Horsch Maschinen GmbH, Lemken GmbH & Co. KG, Great Plains Manufacturing Inc., CNH Industrial America LLC
Contents of the report:
1. Executive Summary
2. Fertilizing And Plant Protection Equipment Market Report Structure
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
…..
27. Fertilizing And Plant Protection Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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