Report Highlights
The global market for planting equipment is estimated to increase from $22.3 billion in 2023 to reach $30.1 billion by 2028, at a compound annual growth rate (CAGR) of 6.1% from 2023 through 2028.
Report Includes
- 44 data tables and 36 additional tables
- An overview of the global market for planting equipment
- Analyses of global market trends, with data from 2022, estimates for 2023 and projections of compound annual growth rates (CAGRs) through 2028
- Characterization and quantification of market potential for planting equipment market based on equipment type, crop type, farm size, and region
- Discussion on market driving forces such as increasing demand for food due to population growth, advancements in technology, and government support for modernizing agricultural practices
- Detailed description of major technology and equipment such as precision planting technology, variable rate technology and autonomous planting equipment and discussion on how they use artificial intelligence and advanced sensors for their operations
- Information on recent mergers, acquisitions, collaborations, agreements, partnerships, product launches, and expansions in the market and a relevant patent analysis
- Detailed company profiles of major players in the market, including Buhler Industries Inc., Deere & Co., Escorts Kubota Ltd., Kubota Corp., Mahindra & Mahindra Ltd., and SDF Group
Report Scope
This report incorporates an in-depth analysis of the planting equipment market, including market estimations and trends through 2028. This report focuses on estimating the market for planting equipment, covering power source, crop type, equipment type and application. Major players, competitive intelligence, systems and technologies, market dynamics and regional opportunities are discussed in detail. This report examines recent developments and product portfolios of major players. This report presents a market analysis and estimates the planting equipment’s compound annual growth rate (CAGR).
This report segments the global market into: North America, Europe, Asia-Pacific, Middle East and Africa and Latin America. For market estimates, data is provided for 2022 as the base year, 2023, and forecast through year-end 2028.
This report discusses the major players across each regional planting equipment market. It explains the major drivers and regional dynamics of the global planting equipment market and current trends within the industry. This report concludes with a particular focus on the vendor landscape and includes detailed profiles of the major vendors in the market.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||||||||||||
| Base year market size | $21.4 billion | ||||||||||||||||||||||
| Market size forecast | $30.1 billion | ||||||||||||||||||||||
| Growth rate | CAGR of 6.1% for the forecast period of 2023-2028 | ||||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||||
| Segments covered | power source, crop type, equipment type, application, region, and country | ||||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America | ||||||||||||||||||||||
| Countries covered | U.S., Canada, France, Germany, U.K., Italy, Spain, Netherlands, China, India, Japan, Indonesia, Philippines, Nigeria, Saudi Arabia, South Africa, Mexico, Brazil, Mexico, Argentina and Brazil | ||||||||||||||||||||||
| Key Market Drivers |
|
||||||||||||||||||||||
| Companies studied |
|
||||||||||||||||||||||
Frequently Asked Questions (FAQs)
- Need for improved crop productivity and yield
- Technological advancements and innovation in planting equipment
- Increasing adoption of precision agriculture practices
- Rising focus on sustainability and environmentally-friendly farming
- Farm mechanization and labor shortages
Analyst Credentials
Kunal R. Nagpure– Consultant-Food & Beverage Research
Kunal Nagpure is an accomplished market researcher with over eight years of experience in the F&B, Environment, and Agriculture markets. He is passionate about using his knowledge to help clients make data-driven decisions and achieve their business objectives. With a keen eye for detail and a strong analytical mindset, Kunal has delivered numerous successful research projects that have enabled clients to gain a competitive edge in their respective markets. Academically, Kunal holds a master’s degree in Marketing and Operations and a bachelor’s degree in Biotech Engineering.
Related Reports
Seed Coating Materials: Global Markets
This report provides an updated review of the seed coating materials market, focusing on its coating type, crop type, material type. It includes forecasted trends in the seed coating materials markets through 2028. The report also includes key market participants, extensive market segments, supporting technologies, trends and market dynamics, competitive intelligence, and regional trends.
Global Markets for Precision Farming
The global market for precision farming is expected to increase from $8.5 billion in 2023 to $14.9 billion by the end of 2028, with a compound annual growth rate (CAGR) of 11.9% during the forecast period of 2023-2028.
Organic Fertilizers: Global Markets
The global market for organic fertilizers is estimated to increase from $9.7 billion in 2023 to reach $13.5 billion by 2028, at a compound annual growth rate (CAGR) of 6.8% from 2023 through 2028.
Food Testing, Inspection and Certification Market: Global Market Opportunities and Competitive Landscape
This report provides exhaustive coverage of the critical business issues defining the food testing, inspecting, and certification market. The report identifies significant revenue growth drivers (in specific categories) supporting the food testing, inspection, and certification market. The study also predicts the impact of internal and external factors on the current food testing, inspection, and certification market and the factors that will affect the industry in the coming years.
Recent Reports
Plant-based Meat: Global Markets
The global market for plant-based meat is expected to grow from $8.8 billion in 2023 to $17.1 billion by the end of 2028, at a compound annual growth rate (CAGR) of 14.1% from 2023 through 2028.
Global e-cigarette Market
The report provides an overview of the global e-cigarette markets and analyzes market trends. Using 2022 as the base year, the report estimates market data for 2023 to 2028. The report covers the characteristics of the market, the leading e-cigarettes companies, various trends in end-user preferences and a range of geographic market opportunities.
Air Fryer Products and Technologies: Global Markets
The global market for air fryer products and technologies is expected to grow from $916.5 million in 2023 to $1.34 billion by the end of 2028, at a compound annual growth rate (CAGR) of 7.9% during the forecast period of 2023-2028.
Bubble Food & Beverages: Global Market
This study provides an overview of the current and future global market for bubble food & beverage. This report will provide information on the different types of companies, manufacturers, and other market participants involved in the bubble food & beverage market. It will describe current trends, product type, source type and channel type related to bubble food & beverage, along with a five-year forecast.
Seed Coating Materials: Global Markets
This report provides an updated review of the seed coating materials market, focusing on its coating type, crop type, material type. It includes forecasted trends in the seed coating materials markets through 2028. The report also includes key market participants, extensive market segments, supporting technologies, trends and market dynamics, competitive intelligence, and regional trends.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More