Planting Equipment Market by Product and Geography - Forecast and Analysis 2020-2024

Planting Equipment Market by Product and Geography - Forecast and Analysis 2020-2024

Global Planting Equipment Market: About this market

Technavio’s planting equipment market analysis considers sales from seed drills, planters, and air seeders products. Our study also finds the sales of planting equipment in APAC, Europe, MEA, North America, and South America. In 2019, the seed drills segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as high precision in sowing seeds, which enhances crop yield will play a significant role in the seed drills segment to maintain its market position. Also, our global planting equipment market report looks at factors such as growing government support for agricultural practices globally, population growth and high demand for good products, and emphasis on farm mechanization. However, decreasing the availability of agricultural land, the high cost of planting equipment, growing the second-hand machine market may hamper the growth of the planting equipment industry over the forecast period.

Global Planting Equipment Market: Overview

Growing emphasis on farm mechanization

Various government and non-government bodies around the globe are introducing several initiatives to improve agricultural practices and productivity. Governments are providing subsidies to farmers to purchase agricultural machinery and equipment, including planting equipment. In addition, they are promoting the use of advanced technologies and mechanized equipment even in small household farms. They are offering agricultural loans and funds to support young farmers to start their own farm businesses. Thus, the growing emphasis on farm mechanization will lead to the expansion of the global planting equipment market at a CAGR of over 6% during the forecast period.

Rising deployment of equipment and technologies for precision farming

Precision farming refers to the management system for crops and livestock that relies on global positioning systems (GPS) to monitor the location of field equipment, such as irrigation nozzles, agrochemical sprayers, and weed control systems, and to communicate with them. Some of the features of precision farming are equipment guidance, yield inspection, and variable rate input application. Thus, Precision farming helps farmers automate a large part of their agricultural operations and minimize their input costs. The high profit-making potential of precision farming is expected to increase its commercial availability during the forecast period. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global planting equipment market during the forecast period 2020-2024, click here.

Competitive Landscape

With the presence of several major players, the global planting equipment market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading planting equipment manufacturers, that include AGCO Corp., Bourgault Industries Ltd., Bucher Industries AG, CLAAS KGaA mbH, CNH Industrial NV, Deere & Co., ISEKI & Co. Ltd., Kubota Corp., Mahindra & Mahindra Ltd., and Yanmar Holdings Co. Ltd.

Also, the planting equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global agricultural and farm machinery market
      • Table Segments of global agricultural and farm machinery market
    • Market characteristics
      • Table Market characteristics
    • Value chain analysis
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Vendor offerings
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2019
      • Table Market size 2019
    • Market outlook
    • Market size and forecast 2019-2024
      • Table Global market: Size and forecast 2019-2024 ($ millions)
      • Table Global market: Year-over-year growth 2020-2024 (%)
  • Five forces analysis
    • Table Five forces analysis 2019
    • Table Five forces analysis 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market segmentation by product
    • Table Product - Market share 2019-2024 (%)
    • Comparison by product
      • Table Comparison by product
    • Seed drills - Market size and forecast 2019-2024
      • Table Seed drills - Market size and forecast 2019-2024 ($ millions)
      • Table Seed drills - Year-over-year growth 2020-2024 (%)
    • Planters - Market size and forecast 2019-2024
      • Table Planters - Market size and forecast 2019-2024 ($ millions)
      • Table Planters - Year-over-year growth 2020-2024 (%)
    • Air seeders - Market size and forecast 2019-2024
      • Table Air seeders - Market size and forecast 2019-2024 ($ millions)
      • Table Air seeders - Year-over-year growth 2020-2024 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ millions)
      • Table APAC - Year-over-year growth 2020-2024 (%)
    • North America - Market size and forecast 2019-2024
      • Table North America - Market size and forecast 2019-2024 ($ millions)
      • Table North America - Year-over-year growth 2020-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ millions)
      • Table Europe - Year-over-year growth 2020-2024 (%)
    • South America - Market size and forecast 2019-2024
      • Table South America - Market size and forecast 2019-2024 ($ millions)
      • Table South America - Year-over-year growth 2020-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ millions)
      • Table MEA - Year-over-year growth 2020-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing number of M&A activities
    • Increasing number of product launches
    • Rising deployment of equipment and technologies for precision farming
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • AGCO Corp.
      • Table AGCO Corp. - Vendor overview
      • Table AGCO Corp. - Product segments
      • Table AGCO Corp. - Organizational developments
      • Table AGCO Corp. - Geographic focus
      • Table AGCO Corp. - Segment focus
      • Table AGCO Corp. - Key offerings
    • Bourgault Industries Ltd.
      • Table Bourgault Industries Ltd. - Vendor overview
      • Table Bourgault Industries Ltd. - Product segments
      • Table Bourgault Industries Ltd. - Key offerings
    • Bucher Industries AG
      • Table Bucher Industries AG - Vendor overview
      • Table Bucher Industries AG - Business segments
      • Table Bucher Industries AG - Organizational developments
      • Table Bucher Industries AG - Geographic focus
      • Table Bucher Industries AG - Segment focus
      • Table Bucher Industries AG - Key offerings
    • CLAAS KGaA mbH
      • Table CLAAS KGaA mbH - Vendor overview
      • Table CLAAS KGaA mbH - Product segments
      • Table CLAAS KGaA mbH - Organizational developments
      • Table CLAAS KGaA mbH - Geographic focus
      • Table CLAAS KGaA mbH - Key offerings
    • CNH Industrial NV
      • Table CNH Industrial NV - Vendor overview
      • Table CNH Industrial NV - Business segments
      • Table CNH Industrial NV - Organizational developments
      • Table CNH Industrial NV - Geographic focus
      • Table CNH Industrial NV - Segment focus
      • Table CNH Industrial NV - Key offerings
    • Deere & Co.
      • Table Deere & Co. - Vendor overview
      • Table Deere & Co. - Business segments
      • Table Deere & Co. - Organizational developments
      • Table Deere & Co. - Geographic focus
      • Table Deere & Co. - Segment focus
      • Table Deere & Co. - Key offerings
    • ISEKI & Co. Ltd.
      • Table ISEKI & Co. Ltd. - Vendor overview
      • Table ISEKI & Co. Ltd. - Product segments
      • Table ISEKI & Co. Ltd. - Geographic focus
      • Table ISEKI & Co. Ltd. - Key offerings
    • Kubota Corp.
      • Table Kubota Corp. - Vendor overview
      • Table Kubota Corp. - Business segments
      • Table Kubota Corp. - Organizational developments
      • Table Kubota Corp. - Geographic focus
      • Table Kubota Corp. - Segment focus
      • Table Kubota Corp. - Key offerings
    • Mahindra & Mahindra Ltd.
      • Table Mahindra & Mahindra Ltd. - Vendor overview
      • Table Mahindra & Mahindra Ltd. - Business segments
      • Table Mahindra & Mahindra Ltd. - Organizational developments
      • Table Mahindra & Mahindra Ltd. - Geographic focus
      • Table Mahindra & Mahindra Ltd. - Segment focus
      • Table Mahindra & Mahindra Ltd. - Key offerings
    • Yanmar Holdings Co. Ltd.
      • Table Yanmar Holdings Co. Ltd. - Vendor overview
      • Table Yanmar Holdings Co. Ltd. - Product segments
      • Table Yanmar Holdings Co. Ltd. - Organizational developments
      • Table Yanmar Holdings Co. Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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