Planting Equipment Market Size Share and Industry Outlook to 2028

SKU: DMAG3551 | Last Updated On: Oct 20 2021 | No. of Pages: 180 | Available Formats

> Global Planting Equipment Market Expected to reach a high CAGR By 2028: DataM Intelligence

Global Planting Equipment Market is segmented By Type (Air Seeders, Seed Drills, Planters, Others), By Design (Mechanical, Automatic), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

 

Market Overview

The global planting equipment market valued USD XX million in 2020 and is forecasted to reach USD XX million by 2028, growing at a CAGR of XX% during the forecast period (2021-2028)

Planting equipment is farm equipment that is used in agricultural fields to sow seeds. By using planting equipment, the seeds are planted in unique rows. Manual labor is minimized by planting machines. In agricultural applications, it is used for the seeding process. Planting equipment has replaced the conventional way of planting seeds. The demand for planting equipment is expected to be driven by the growth of automation and ease of use. Moreover, planting equipment allows us to effectively perform farming work within a short time. Growth in the farming industry is expected to improve the demand for planting equipment.

Source: DataM Intelligence Analysis (2021)

Market Dynamics

Growing emphasis on farm mechanization

A variety of measures to boost farming techniques and products are being introduced by various government and non-government bodies across the globe. Governments provide farmers with subsidies for the purchase of agricultural machinery and equipment, including equipment for planting. In addition, also in small household farms, they encourage the use of advanced technology and mechanized machinery. They provide farm loans and funds to help young farmers launch their own farm businesses. The raising focus on farm mechanization would also contribute to an expansion of the global planting equipment.

In addition, the introduction of advanced technology into planting equipment has provided the industry with growth opportunities. Sophisticated technologies such as GPS and robotics increase the performance of equipment to a significant extent. The technology allows the machinery to be controlled remotely, increasing the precision of farming. Sensors help to provide reliable information on soil conditions and weather conditions, allowing farmers to improve yields. IoT's incorporation with machinery is revolutionizing the agricultural industry. Remote devices that can be operated via wireless devices and smartphones minimize travel time and associated costs. For example, Wipro announced the IoT deployment for JCB India Ltd. in January 2018. JCB's Livelink Telematics system has connected more than 10,000 Indian customers with construction machinery and equipment.

However, the decrease in the availability of agricultural land, the high cost of planting equipment and the growth of the market for second-hand machines could hinder the growth of the planting equipment industry over the forecast period.

Market Segmentation: Seed drills are predicted to hold prominent share in the global market of planting equipment

The global planting equipment market has been segmented by type into air seeders, seed drills, planters, and others. The seed drills segment is expected to hold the highest market share in the year 2020. The increased area under zero tillage is expected to boost the growth of seed drills as they are ideal equipment to use in zero tillage conditions. The equipment leaves minimal impact on the soil while saving time on using multiple types of equipment for seeding and fertilizing. Developing markets are also warming up to the zero-tillage practice. For example, the period between the harvesting of the rice crop and the sowing of the wheat crop is very short in the major wheat-growing belts of Northern India, so farmers have limited time to till the soil. Farmers, thereby resort to the burning of the stubble of the rice crop, creating huge environmental issues related to air pollution. In order to address time and agronomic problems, organizations and companies are gradually collaborating with farmers to introduce zero tillage in wheat. With increasing awareness about the environmental impact of stubble burning, farmers are expected to adopt seed drills over the forecast period.

Geographical Penetration: Asia Pacific is the largest market for planting equipment with a share of nearly XX% in 2020

By geography, Asia Pacific is expected to dominate the global planting equipment market. Demand for agricultural products is driven by an exponential population growth in the Asia Pacific region, coupled with the presence of fast-growing economies in the region. The region's agricultural sector is implementing equipment to raise production, increase product quality and improve transparency in the supply chain. In 2019, regional industry shipments of agricultural equipment exceeded 3 million units. The growth of the market is expected to be driven by supportive government initiatives and product awareness among farmers. The Indian Government, for instance, revised the Sub-mission on Agricultural Mechanization (SMAM) in the 2016-17 twelfth five-year plan. Custom Hiring Centers (CHC), Village Level Farm Machinery Bank (VLFMB), and High-Tech Hubs (HTH) are planned to be set up at Village Level, according to the scheme. The simple availability of farm implements and equipment would be encouraged by this.

Source: DataM Intelligence Analysis (2021)

Competitive Landscape

The global planting equipment market is fragmented with presence of several players across various regions. Some of the key players of the market are AGCO Corporation, Deere & Company, Kinze Manufacturing Inc and Mahindra & Mahindra Ltd among other. They key players are focusing on strategies such as acquisitions, agreements, product launches and geographical expansions. For instance, Mahindra & Mahindra Ltd has signed an agreement with Dewulf Group for manufacture and marketing of potato plating equipment in India. In January 2020, Kinze Manufacturing Inc. announced the launch of new 05 Series. The 05 Series planters are claimed to comprise several improvements to upsurge the wear life of many components and reducing the overall cost of ownership of the planter. In November 2019, CNH Industrial entered into two industry agreements with DKE Agrirouter and DataConnect to provide mixed fleet connectivity to agriculture equipment customers.

COVID-19 Impact: Decrease in sales of key players due to supply chain disruption

The spread of COVID-19 across the globe has contributed to supply chain disturbances across agricultural ecosystems, including the demand for planting equipment. The production of hardware equipment has been hampered and has impacted businesses throughout the value chain of agriculture. In the realistic scenario, it has been assumed that all 4 quarters of the financial year 2020 will see negative growth. Some recovery is expected by the first quarter of 2021, and the market might start picking momentum by the end of 2021. In this scenario, it has been assumed that COVID-19 will have a minimum impact from the first quarter of 2021. Major agricultural OEMs such as John Deere, AGCO, and CNH have reduced their sales guidance for the first half of FY 2020 by 10 to 20%, mainly due to disruptions in the supply chain. Most of the manufacturing facilities of these companies are operating below their standard capacity, which is expected to impact their sales negatively in the short- to medium-term. AGCO has stated that the net sales for the second quarter were approximately $2.0 billion, a decrease of approximately 17.2% compared to the second quarter of 2019. Net sales for the first six months of 2020 were approximately $3.9 billion, a decrease of approximately 10.9% compared to the same period in 2019.

Why Purchase the Report?

  • Understand the current market scenario and viability of global planting equipment over the forecast period.
  • Visualize the composition of the global planting equipment market in terms of type, design, crop type to identify major players, growth potential, and market strategies
  • Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
  • Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market

What we offer?

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
  • Excel data sheet with valuable data points of the global planting equipment market – Regional and Country level segmentation
  • Product mapping in excel for the key products of all major market players
  • Market Share Analysis covering business revenues ($) and revenue share (%) of key market players

Target Audience

  • Agricultural Machinery Companies
  • Farming Cooperatives
  • Industry Investors
  • Education & Research Institutes
  • Research Professionals

Table of Contents

  1. Global Planting Equipment Market -Scope and Methodology

    1. Research Methodology
    2. Scope of the Market
  2. Global Planting Equipment Market -Key Trends and Developments

  3. Global Planting Equipment Market – Executive Summary

    1. Market Snippet by Type
    2. Market Snippet by Design
    3. Market Snippet by Crop Type
  4. Global Planting Equipment Market – Market Dynamics

    1. Market impacting factors
      1. Drivers
      2. Restraints
      3. Opportunities
    2. Impact analysis
  5. Global Planting Equipment Market – Industry Analysis

    1. Porter's five forces analysis
    2. Value chain analysis
    3. Patent Analysis
    4. Regulatory Analysis
  6. Global Planting Equipment Market – COVID-19 Analysis

    1. Analysis of Covid-19 on the Market
      1. Before COVID-19 Market Scenario
      2. Present COVID-19 Market Scenario
      3. After COVID-19 or Future Scenario
    2. Pricing Dynamics Amid Covid-19
    3. Demand-Supply Spectrum
    4. Government Initiatives Related to the Market During Pandemic
    5. Manufacturers Strategic Initiatives
  7. Global Planting Equipment Market – By Type

    1. Introduction
      1. Market size analysis, and y-o-y growth analysis (%), By Type segment
      2. Market attractiveness index, By Type segment
    2. Air Seeders*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028
    3. Seed Drills
    4. Planters
    5. Others
  8. Global Planting Equipment Market – By Design

    1. Introduction
      1. Market size analysis, and y-o-y growth analysis (%), By Design Segment
      2. Market attractiveness index, By Design Segment
    2. Mechanical*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028
    3. Automatic
  9. Global Planting Equipment Market – By Crop Type

    1. Introduction
      1. Market size analysis, and y-o-y growth analysis (%), By Crop Type Segment
      2. Market attractiveness index, By Crop Type Segment
    2. Cereals & Grains*
      1. Introduction
      2. Market Size Analysis, US$ Million, 2019-2028 And Y-O-Y Growth Analysis (%), 2020-2028
    3. Oilseeds & Pulses
    4. Fruits & Vegetables
    5. Others
  10. Global Planting Equipment Market – By Region

    1. Introduction
      1. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Region
      2. Market Attractiveness Index, By Region
    2. North America*
      1. Introduction
      2. Key region-specific dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Design
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. U.S.
        2. Canada
        3. Mexico
    3. South America
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Design
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
    4. Europe
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Design
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. Germany
        2. U.K.
        3. France
        4. Spain
        5. Italy
        6. Rest of Europe
    5. Asia Pacific
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Design
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Crop Type
      6. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. Rest of Asia Pacific
    6. Middle East and Africa
      1. Introduction
      2. Key Region-Specific Dynamics
      3. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Type
      4. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Design
      5. Market Size Analysis, And Y-O-Y Growth Analysis (%), By Crop Type
  11. Global Planting Equipment Market – Competitive Landscape

    1. Competitive scenario
    2. Competitor strategy analysis
    3. Market positioning/share analysis
    4. Mergers and acquisitions analysis
  12. Global Planting Equipment Market – Company Profiles

    1. AGCO Corporation*
      1. Company Overview
      2. Type Portfolio and Description
      3. Key Highlights
      4. Financial Overview
    2. Bourgault Industries Ltd.
    3. Buhler Industries Inc.
    4. Case IH
    5. Davimac
    6. Deere & Company
    7.  Morris Industries Ltd.
    8. Seed Hawk Inc.
    9. Seedmaster Manufacturing Inc.
    10. Stara S/A Industria De Implementos Agricolas(*List not Exhaustive*)
  13. Global Planting Equipment Market – Premium Insights

  14. Global Planting Equipment Market – DataM

    1. Appendix
    2. About us and services
    3. Contact us

List of Tables & Figures

List of Tables

Table 1        Global Planting Equipment Market Value, By Type, 2020, 2024 & 2028 ($ Million)

Table 2        Global Planting Equipment Market Value, By Design, 2020, 2024 & 2028 ($ Million)

Table 3        Global Planting Equipment Market Value, By Crop Type, 2020, 2024 & 2028 ($ Million)

Table 4        Global Planting Equipment Market Value, By Region, 2020, 2024 & 2028 ($ Million)

Table 5        Global Planting Equipment Market Value, By Type, 2020, 2024 & 2028 ($ Million)

Table 6        Global Planting Equipment Market Value, By Type, 2019-2028 ($ Million)

Table 7        Global Planting Equipment Market Value, By Design, 2020, 2024 & 2028 ($ Million)

Table 8        Global Planting Equipment Market Value, By Design, 2019-2028 ($ Million)

Table 9        Global Planting Equipment Market Value, By Crop Type, 2020, 2024 & 2028 ($ Million)

Table 10      Global Planting Equipment Market Value, By Crop Type, 2019-2028 ($ Million)

Table 11       Global Planting Equipment Market Value, By Region, 2020, 2024 & 2028 ($ Million)

Table 12      Global Planting Equipment Market Value, By Region, 2019-2028 ($ Million)

Table 13      North America Planting Equipment Market Value, By Type, 2019-2028 ($ Million)

Table 14      North America Planting Equipment Market Value, By Design, 2019-2028 ($ Million)

Table 15      North America Planting Equipment Market Value, By Crop Type, 2019-2028 ($ Million)

Table 16      North America Planting Equipment Market Value, By Country, 2019-2028 ($ Million)

Table 17      South America Planting Equipment Market Value, By Type, 2019-2028 ($ Million)

Table 18      South America Planting Equipment Market Value, By Design, 2019-2028 ($ Million)

Table 19      South America Planting Equipment Market Value, By Crop Type, 2019-2028 ($ Million)

Table 20      South America Planting Equipment Market Value, By Country, 2019-2028 ($ Million)

Table 21      Europe Planting Equipment Market Value, By Type, 2019-2028 ($ Million)

Table 22      Europe Planting Equipment Market Value, By Design, 2019-2028 ($ Million)

Table 23      Europe Planting Equipment Market Value, By Crop Type, 2019-2028 ($ Million)

Table 24      Europe Planting Equipment Market Value, By Country, 2019-2028 ($ Million)

Table 25      Asia-Pacific Planting Equipment Market Value, By Type, 2019-2028 ($ Million)

Table 26      Asia-Pacific Planting Equipment Market Value, By Design, 2019-2028 ($ Million)

Table 27      Asia-Pacific Planting Equipment Market Value, By Crop Type, 2019-2028 ($ Million)

Table 28      Asia-Pacific Planting Equipment Market Value, By Country, 2019-2028 ($ Million)

Table 29      Middle East & Africa Planting Equipment Market Value, By Type, 2019-2028 ($ Million)

Table 30      Middle East & Africa Planting Equipment Market Value, By Design, 2019-2028 ($ Million)

Table 31      Middle East & Africa Planting Equipment Market Value, By Crop Type, 2019-2028 ($ Million)

Table 32      AGCO Corporation: Overview

Table 33      AGCO Corporation: Product Portfolio

Table 34      AGCO Corporation: Key Developments

Table 35      Bourgault Industries Ltd.: Overview

Table 36      Bourgault Industries Ltd.: Product Portfolio

Table 37      Bourgault Industries Ltd.: Key Developments

Table 38      Buhler Industries Inc.: Overview

Table 39      Buhler Industries Inc.: Product Portfolio

Table 40      Buhler Industries Inc.: Key Developments

Table 41      Case IH: Overview

Table 42      Case IH: Product Portfolio

Table 43      Case IH: Key Developments

Table 44      Davimac: Overview

Table 45      Davimac: Product Portfolio

Table 46      Davimac: Key Developments

Table 47      Deere & Company: Overview

Table 48      Deere & Company: Product Portfolio

Table 49      Deere & Company: Key Developments

Table 50      Morris Industries Ltd.: Overview

Table 51      Morris Industries Ltd.: Product Portfolio

Table 52      Morris Industries Ltd.: Key Developments

Table 53      Seed Hawk Inc.: Overview

Table 54      Seed Hawk Inc.: Product Portfolio

Table 55      Seed Hawk Inc.: Key Developments

Table 56      Seedmaster Manufacturing Inc.: Overview

Table 57      Seedmaster Manufacturing Inc.: Product Portfolio

Table 58      Seedmaster Manufacturing Inc.: Key Developments

Table 59      Stara S/A Industria De Implementos Agricolas: Overview

Table 60      Stara S/A Industria De Implementos Agricolas: Product Portfolio

Table 61      Stara S/A Industria De Implementos Agricolas: Key Developments

List of Figures

Figure 1      Global Planting Equipment Market Share, By Type, 2020 & 2028 (%)

Figure 2      Global Planting Equipment Market Share, By Design, 2020 & 2028 (%)

Figure 3      Global Planting Equipment Market Share, By Crop Type, 2020 & 2028 (%)

Figure 4      Global Planting Equipment Market Share, By Region, 2020 & 2028 (%)

Figure 5      Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 6      Global Planting Equipment Market Y-o-Y Growth, By Type, 2020-2028 (%)

Figure 7      Air Seeders: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 8     Seed Drills: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 9      Planters: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 10    Others: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 11    Global Planting Equipment Market Y-o-Y Growth, By Design, 2020-2028 (%)

Figure 12    Mechanical: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 13    Automatic: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 14    Global Planting Equipment Market Y-o-Y Growth, By Crop Type, 2020-2028 (%)

Figure 15    Cereals & Grains: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 16    Oilseeds & Pulses: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 17    Fruits & Vegetables: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 18    Others: Global Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 19    Global Planting Equipment Market Y-o-Y Growth, By Region, 2020-2028 (%)

Figure 20   North America Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 21    North America Planting Equipment Market Share, By Type, 2020 & 2028 (%)

Figure 22   North America Planting Equipment Market Share, By Design, 2020 & 2028 (%)

Figure 23   North America Planting Equipment Market Share, By Crop Type, 2020 & 2028 (%)

Figure 24   North America Planting Equipment Market Share, By 0, 2020 & 2028 (%)

Figure 25   North America Planting Equipment Market Share, By 0, 2020 & 2028 (%)

Figure 26   North America Planting Equipment Market Share, By Country, 2020 & 2028 (%)

Figure 27    South America Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 28   South America Planting Equipment Market Share, By Type, 2020 & 2028 (%)

Figure 29   South America Planting Equipment Market Share, By Design, 2020 & 2028 (%)

Figure 30   South America Planting Equipment Market Share, By Crop Type, 2020 & 2028 (%)

Figure 31    South America Planting Equipment Market Share, By Country, 2020 & 2028 (%)

Figure 32   Europe Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 33   Europe Planting Equipment Market Share, By Type, 2020 & 2028 (%)

Figure 34   Europe Planting Equipment Market Share, By Design, 2020 & 2028 (%)

Figure 35   Europe Planting Equipment Market Share, By Crop Type, 2020 & 2028 (%)

Figure 36   Europe Planting Equipment Market Share, By Country, 2020 & 2028 (%)

Figure 37    Asia-Pacific Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 38   Asia-Pacific Planting Equipment Market Share, By Type, 2020 & 2028 (%)

Figure 39   Asia-Pacific Planting Equipment Market Share, By Design, 2020 & 2028 (%)

Figure 40   Asia-Pacific Planting Equipment Market Share, By Crop Type, 2020 & 2028 (%)

Figure 41    Asia-Pacific Planting Equipment Market Share, By Country, 2020 & 2028 (%)

Figure 42   Middle East & Africa Planting Equipment Market Value, 2019-2028 ($ Million)

Figure 43   Middle East & Africa Planting Equipment Market Share, By Type, 2020 & 2028 (%)

Figure 44   Middle East & Africa Planting Equipment Market Share, By Design, 2020 & 2028 (%)

Figure 45   Middle East & Africa Planting Equipment Market Share, By Crop Type, 2020 & 2028 (%)

Figure 46   AGCO Corporation: Financials

Figure 47    Bourgault Industries Ltd.: Financials

Figure 48   Buhler Industries Inc.: Financials

Figure 49   Case IH: Financials

Figure 50   Davimac: Financials

Figure 51    Deere & Company: Financials

Figure 52   Morris Industries Ltd.: Financials

Figure 53   Seed Hawk Inc.: Financials

Figure 54   Seedmaster Manufacturing Inc.: Financials

Figure 55   Stara S/A Industria De Implementos Agricolas: Financials

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