Seed drills are used for sowing of seeds at a fixed depth and distance in order to enhance the productivity of the farm. The broadcast seeder is used for the purpose of spreading the seeds. The rising focus and activities to increase the productivity of farms is a key factor expected to drive the market for Seeds drills and broadcast seeders. Further, the rising population across the globe is leading to increased demand for food which in turn is compel ling farmers to increase crop productivity, which is further anticipated to propel the demand for seed drill and broadcast seeder machinery market. Further, growing technological advancements along with increased research and development activities in the agricultural sector are estimated to provide growth opportunities for the market in the coming years. however, the high cost associated with the machinery is expected to hamper the market growth. The market has been segmented on the basis of technology, type, and geography. In the technology segment, mechanical is expected to hold a significant share on account of its fast and effective operations along with the rising preference for automated machinery. Geographically, Asia Pacific is estimated to grow substantially owing to the huge agricultural industry in emerging countries like India and China.
Government support for modern agriculture techniques.
Rising demand to increase crop productivity.
High machinery cost.
In January 2019, AGCO Corporation announced its intention to expand its Beauvais site, as a part of their long-term growth strategy.
In July 2016, Lemken Gmbh & Co. Kg launched Azurit, a single seed drilling machine.
Major industry players profiled as part of the report are CNH Industrial N.V., CLAAS, Deere & Company, Kubota Corporation, AGCO Corporation, Kuhn Group, Mahindra Tractor, LEMKEN Gmbh & Co. Kg,
The seed drill and broadcast seeder machinery market has been analyzed through the following segments:
Middle East and Africa