Planters Market

Planters Market Outlook (2023 to 2033)

Farmers often face difficulties to sow seeds precisely. It often happens that multiple seeds get scattered in a single spot and some holes may be left out empty. It’s hard to keep line-to-line distance while planting seeds manually in bigger lands.

Although fairly prevalent, this irregularity in seed sowing is a significant issue in the production of traditional crops. It is easy to check the regularity of the seed planting pattern in small fields, but it is nearly difficult to do so in large hectares of land.

Planters are agricultural implements that are generally drawn behind a tractor. They are used for the sowing of seeds in rows across a field. These are usually classified based on their mechanism, power source, and type of crops. Several machines have been introduced for sowing seeds in rows, which compete with planters in the agricultural machinery industry. An increase in the demand for food driven by population growth has created the need for higher productivity in the land available for cultivation.

Moreover, there has been a reduction in the acreage of land available for cultivation. These factors have resulted in a higher demand for agricultural machinery such as planters. Moreover, the demand for trees trans planters is expected to grow due to the rise in nurseries and the landscaping industry where shifting of small medium, and large trees are required.

These help to sow seeds accurately on farms. It’s automated in many sectors and retains line-to-line distance to perform uniform distribution of seeds on the farm. The planter excels in ease of use by integrating seedbed preparation, planting, and ridging in one working pass.

What are impelling growth factors for this market?

Increased global population and migration to urban areas fuel demand for farming machines.

A rapid increase in the global population has boosted the need for food grains. Moreover, the availability of raw materials is low owing to an increase in weather uncertainties & water scarcity as well as a reduction in arable land.

Thus, there is high demand for agricultural machinery that promotes a combination of sustainable agricultural practices that provide higher yields by retaining soil moisture as well as helping conserve the soil.

In addition, people working on farms have moved to urban areas in search of employment, which has resulted in a worldwide shortage of labor for farming. This has also boosted the demand for mechanization in agriculture. This is expected to promote the growth of the market over the forecast period.

Mechanisation of Agriculture is favoring the demand for farm machines

Mechanization of agriculture practices is a key motivator for the rising demand for machines like tractors and planters. Rapidly improving livelihoods of the farmers owing to the rising adoption of sustainable and innovative crop systems are likely to drive the market in the near future.

Due to labor scarcity, a preference for mechanized equipment handed equipment in farming, and increased corporate involvement in the agriculture sector, there are prospects for manufacturers in the market. Contract farming is being used by major manufacturers and participants in the market to grow their customer base.

Due to increasing affordability and better applicability in mid-to-small ranged farming, mechanically powered planters are projected to acquire major traction in the planter’s market in the near future.

Both tractors and planters are key types of equipment for farming

Tractors are equipped with large, powerful engines, and are typically designed with four-wheel drive for improved traction on uneven terrain. They may also be equipped with additional features such as hydraulic systems, power take-off (PTO) units, and three-point hitches to connect and power various implements. On the other hand, a planter is a type of machine used for planting seeds in the ground. Planters are designed to accurately place seeds in the soil at the correct depth and spacing, using mechanisms such as seed meters, seed tubes, and seed drop tubes.

Major growth is expected from the cereals and grains sector globally

Due to the growing number of lands being cultivated for grains and cereals globally as well as farmers adopting better agricultural methods, the market is projected to have an increase in the income contribution from the cereals and grains sector. Planters are expected to be in high demand in the near future due to benefits including less physical labor and time consumption.

Manufacturer’s Propelling investment in precision planters to bring a swift uptake

Owing to the higher demand for agricultural equipment and machinery popular brands have started to research and invest realization of precision farming. Leading manufacturers are working on the launch of affordable and accurate planters. These planters are beneficial over the long term in developing economies. The demand for precision machinery is anticipated to grow further owing to human and tractor power resources.

Research and Development

• John Deere has launched an Industry-First Tractor-Planter Fertilizing Solution with the feature of Deere’s ExactRate technology. This latest equipment eliminates the need for add-on tanks and, multiple suppliers & specialized piping solutions.
• Another latest technology product will be launched by Kinze Manufacturing. With the launch of the 4905 True Speed planter type, Kinze is developing a new high-speed planting technology for 2021.
• The true speed system introduces a new high-speed electric meter & speed delivery tube that helps soybean and corn farmers plant seeds at speeds up to 12 miles per hour by maintaining speed spacing and precise singulation.
• Both 4905 configurations feature Kinze’s easy-to-use Blue Vantage display and, the Kinze 05 planter series, as well as the Blue Drive electric drive, are upgraded with a new design to resolve the maintenance, modify the performance, the lower total cost of the planter ownership.

Key players

Some of the key players operating in the global market are Deere & Company, Kinze Manufacturing, Tim C. Van Horlick Forestry Inc., Holland Transplanter Co., Dawn Equipment Company, Bracke Group, Miedema, Schlagel Manufacturing, Mahindra and Mahindra Ltd., Monosem Inc. and Khedut Agro, among others.

Regional Outlook

Due to the greater availability of fertile land and increased interest among private companies in the food and beverage industry, emerging regions, particularly African nations, are anticipated to experience the highest growth rates in the market.

India's market is anticipated to grow more rapidly as a result of the country's large population's reliance on agriculture as a source of income. India has a variety of agro-climatic zones where various crops can be grown, which is projected to increase demand during the course of the projection period.

Segmentation

• On the basis of Product Type :

  • Broadcast
  • Drill
  • Precision
  • Dibble
  • Specialised

• On the basis of Mechanism :

  • Mechanically driven
  • Hydraulic
  • Electrical driven

• On the basis of Power Sources :

  • Human Powered
  • Animal Powered
  • Tractor Powered

• On the basis of End-Use:

  • Grains
  • Oilseeds and Pulses
  • Commercial Crops
  • Trees
  • Others

• On the basis of Regions :

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)