Global Planting Machinery Market will to Reach $6.5 Billion by 2020
The global planting machinery market is projected to reach USD 6.5 billion by 2020. Planting
machinery offers solutions to crop farmers to sow the seeds for crop production. Tractors and
combine harvesters are used widely across the globe, planting machinery use is in nascent stages
and is in succession to tractors to reduce manual intervention in agriculture.
Short shelf life of conventional machines rises the need for technically advanced machineries to
achieve higher productivity and substitute human labor. Technological advancement through
government support along with heavy integration of precision farming is going to provide
opportunities for future growth.
Government subsidies, scarcity of farm labour, high farm income, farm consolidation and
widespread usage of tractors are the factors driving the sales of planting machinery around globe.
North America and Europe are the major markets for planting machinery given to high land mass
usage and extensive, large scale farming practices. Asia-Pacific region led by India and China is
crucial for market growth because of increasing penetration of farm automation.