Global Rice Transplanter Machine Market 2017-2021
About Rice Transplanter Machine
The rice transplanter machine was introduced in Japan by Kubota during the 1960s. It is specifically designed for transplanting rice seedlings in paddy fields. Farmers are required to drive the machine along a straight line to transplant the seedlings in rows. The rice planter comprised of three parts, namely the motor, running gear, and transplanter device. The transplanter consists of a seedling tray, seeding tray shifter, and pickup forks. The seedlings are fed into the seedling trays from where they are picked up by the forks and placed into the ground.
Technavio’s analysts forecast the global rice transplanter machine market to grow at a CAGR of 9.35% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global rice transplanter machine market for 2017-2021. To calculate the market size, the report considers the include/exclude new installations/shipments/sales/volume/value and retrofit/replacement/spares/aftermarket/services market.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Rice Transplanter Machine Market 2017-2021
Technavio recognizes the following companies as the key players in the global rice transplanter machine market: Kubota, Iseki, and Yanmar
Other Prominent Vendors in the market are: TYM, Jiangsu World Agriculture Machinery, CLAAS, Mitsubishi Mahindra Agricultural Machinery, Changfa Agricultural Equipment, Shandong Fuerwo Agricultural Equipment, and Dongfeng Agricultural Machinery.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Product innovation. Manufacturers are increasingly coming up with more varied products. For instance, Kubota launched a new rice-seedling transplanter that enables unskilled drivers to move it straight along with the machine. In an agreement with telecommunications giant Nippon Telegraph and Telephone group, Kubota is also developing auto-driving farm machines that use GPS. The company aims to roll out unmanned tractors around 2018.”
According to the report, one of the major drivers for this market is Shift toward mechanization. Mechanization, which involves mechanically transferring saplings from trays to the soil, is set to revolutionize the production of rice. This technique enhances productivity by 20%-30%, reduces the overall cultivation cost, and increases the profitability for farmers by doing away with the extensive manual labor associated with rice cultivation. It will change the scenario of rice production on a mass scale by reducing the drudgery associated with preparing the field, transplanting, cutting crops, and threshing paddy.
Further, the report states that one of the major factors hindering the growth of this market is Lack of finances for small farmers to replace old machinery. Agricultural machinery such as tractors, rice transplanters, and harvesters are capital-intensive and a major investment for most farmers. The quality and after-sales services of such machinery are another concern, and most farmers belong to the low-income bracket. Also, agriculture is largely carried out in rural areas, and there is still an inadequacy of service-centers for proper maintenance.
Kubota, Iseki, Yanmar, TYM, Jiangsu World Agriculture Machinery, CLAAS, Mitsubishi Mahindra Agricultural Machinery, Changfa Agricultural Equipment, Shandong Fuerwo Agricultural Equipment, Dongfeng Agricultural Machinery
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