Asia-Pacific Planting Equipment Market

Asia-Pacific Planting Equipment Market Size, Growth, Trends and Forecast:

Asia-Pacific Planting Equipment Market was worth USD 6.42 billion in 2021 and estimated to be growing at a CAGR of 6.5%, to reach USD 8.31 billion by 2026.

Plant equipment is generally towed behind a tractor that assists in the sowing of seeds. It is connected to a tractor and the seeds are sown in along the rows. Plant equipment varies in size, with the biggest one being the 48-row John Deere DB120. The row units are placed uniformly along the equipment at intervals which differ from crop to crop.

Asia-Pacific Planting Equipment Market Drivers:

The major drivers for the growth of planting equipment market in Asia-Pacific region is the increased focus on farming, government support in the form of different schemes, technological development in the field of agriculture, insufficient cheap and skilled labor force, and rising population resulting in high demand for cereals. However, lack of awareness within people about the latest farming technologies and low disposable income of farmers in few countries is hindering the growth of this market.

Asia-Pacific Planting Equipment Market Segmentation:

Asia-Pacific Planting Equipment Market – By Type:

• Air Seeders

• Seed Drills and Planters

Asia-Pacific Planting Equipment Market – By Design:

• automatic and Mechanical

Asia-Pacific Planting Equipment Market – By Crop Type:

• Cereals & Grains
• Oilseeds & Pulses
• Fruits & Vegetables

Geographical Analysis:

The market has also been geographically segmented into China, India, Japan and South Korea. China and India are developing countries and are expected to grow at the highest rate in the Asia-Pacific region during the forecasting period.

Key Players:

This market is extremely disjointed with numerous big and developing players operating in the business. The major companies dominating the Asia-Pacific Planting Equipment Market are Deere & Company, AGCO Corporation, Buhler Industries, Inc., Kinze Manufacturing, Inc., SeedMaster Manufacturing Ltd. and Morris Industries Ltd.