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Planting Machines Market Trends That Will Shape the Next Decade: Insights from Advancements In Agricultural Drones Enhance Farming Efficiency And Productivity
Planting Machines
How Large Will the Planting Machines Market Size By 2025?
The market size of planting machines has experienced robust growth in recent years. The projected growth is from $49.38 billion in 2024 to roughly $52.21 billion in 2025, with a 5.7% compound annual growth rate (CAGR). The escalation in the planting machines market during the historic period can be traced back to factors such as heightened mechanization, rising environmental awareness, farm amalgamation, and government grants and incentives.
How Big Is the Planting Machines Market Size Expected to Grow by 2029?
The market size for planting machines is anticipated to experience robust expansion in the upcoming years, rising to a value of $68.55 billion in 2029, reflecting a compound annual growth rate (CAGR) of 7.0%. Factors contributing to this growth over the forecast period include advancements in precision farming, practices for sustainability and conservation, an increase in global population, climate change, and the adoption of autonomous technology. Significant trends predicted within this period encompass smart and autonomous machinery, variable rate technology (VRT), mechanical innovations, and the enhancement of digital platforms and connectivity.
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Which Key Market Drivers Powering Planting Machines Market Expansion and Growth?
The shortage of labor in the farming industry is anticipated to spur the expansion of the market for planting machines. The rise in urbanization, complemented by a higher level of literacy, has led to a diminished workforce for agricultural activities. For example, according to China's National Bureau of Statistics, there has been a significant reduction in the rural population by 23% in the past twenty years.
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What Long-Term Trends Will Define the Future of the Planting Machines Market?
Leading entities in the market are prioritizing the implementation of cutting-edge technologies to reduce expenses and enhance production levels. These entities are deploying drones for seed sowing tasks to tackle labor shortages and simultaneously achieve higher productivity rates. For instance, in February 2023, an Israeli drone manufacturing company called HevenDrones unveiled H2D55, a fresh hydrogen-powered drone intended for commercial applications. Its uses in agriculture include surveillance, fertilization, spray application, and seed planting.
What Are the Emerging Segments in the Planting Machines Market?
The planting machinesmarket covered in this report is segmented -
1) By Machinery: Seed Drill, Planters, Air Seeders, Other Machinery
2) By Type: Planting Machinery, Fertilizing Machinery
3) By Design: Automatic, Mechanical
Subsegments:
1) By Seed Drill: Compact Seed Drills, Trailed Seed Drills, Mounted Seed Drills
2) By Planters: Mechanical Planters, Vacuum Planters, Precision Planters
3) By Air Seeders: Tow-Behind Air Seeders, Pull-Type Air Seeders, Front-Mounted Air Seeders
4) By Other Machinery: Fertilizer Applicators, Precision Planting Equipment, Soil Preparation Machines
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Who Are the Global Leaders in the Planting Machines Market?
Major companies operating in the planting machines market include AGCO Corporation, Bourgault Industries Ltd., Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, ISEKI & Co. Ltd., Kubota Corporation, Mahindra & Mahindra Ltd., Yanmar Holdings Co. Ltd., Kasco Manufacturing Co. Inc., Davimac Pty. Ltd., Kinze Manufacturing Inc., Horsch Maschinen GmbH, Gaspardo, Great Plains Manufacturing Inc., Kverneland Group, Monosem Inc., Maschio Gaspardo S.p.A., Amity Technology, Landoll Corporation, Stanhay, Hardi International, Grimme Group, Gomselmash, Accord, KUHN Group, Salford Group, Miedema, Sukup Manufacturing Co., MaterMacc, Stara S/A Indústria de Implementos Agrícolas, Rabe, Lemken GmbH & Co. KG, Pöttinger Landtechnik GmbH, Farmet a.s., Strojirna Novotny s.r.o., DAWN Equipment Company
Which are the Top Profitable Regional Markets for the Planting Machines Industry?
Asia-Pacific was the largest region in the planting machines market in 2024. North America was the second largest region in the planting machines market. The regions covered in the planting machines market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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