Planting and Fertilizing Machinery comprises of mechanized methods used for farming activities such as planting seeds and application of fertilizers. Technological advancements have changed the delivery system for planting and fertilizing. Farmers are more inclined towards using machinery for planting and fertilizing rather than human labor. Agricultural activities were moderately impacted during recession. However, farming activities saw a rise in 2010 with the help of aids provided by the government. Planting and fertilizing machinery market has continued to grow since 2010 coupled with the increase in the agricultural activities and high demands for production.
Asia-Pacific represents one of the crucial markets for planting and fertilizing machinery, led by India and China. Farmers have increased the use of machineries for planting the seeds in contrast to the conventional practices of seeding by labors. North America and Europe are other major markets for planting and fertilizing..
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Poor shelf life of conventional machineries and growing curiosity among farmers towards advanced machineries is one of the major driving factor for the market Other factors include scarcity of labor, increased labor overheads, technological innovations, credit availability and government subsidies. Use of fertilizers is severely impacting the aquatic life globally thereby disturbing the ecological balance. Environment Protection Agency in the U.S. has imposed regulations on the use of certain chemicals like phosphorus in fertilizers thereby adding a restraint to the use of fertilizers. Poor level of mechanization and use of old inefficient farm equipments in the developing nations offer opportunities for development in the market.
Some of the key players in planting and fertilizing market are AGCO Corp, Deere & Company, CNH Global N.V., Great Plains Ag, Kasco Manufacturing, Kubota Corp., Buhler Industries Inc., Kuhn Group and Kverneland Group, among others.
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