Global Precision Planting Market Research Report

Global Precision Planting Market

The GMI Research forecasts that the Precision Planting Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the soaring preference towards the adoption of advanced modern technology equipment for extensive crop production.

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Introduction of the Precision Planting Market:

Precision planting is the method of implementing planting to harvest operations on farms across the world by using a unique and innovative approach. It uses retrofit equipment to maximize production and benefit the farmers. The planting is a self-deployable innovative equipment required at a farm. It is equipped several sensors for monitoring macro-climatic factors such as wind speed, rainfall across the agriculture.

Key Players of the Global Precision Planting Market:

· Ag Leader Technology

· Cassidian

· Agco Corporation.

· Davimac Manufacturing

· Stara S/A Indústria De Implementos Agrícolas

· Buhler Industries Inc.

· Deere & Company

· Seedmaster

· Alenia Aeronautica

· Kubota Corporation

· Kasco Manufacturing Co., Inc.

· Vaderstad North America

· Trimble Inc.

Precision Planting Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)

The increasing inclination towards acquiring the latest technological equipment for large-scale crop production to fulfill the worldwide massive population challenge drives the growth of the global precision planting market. For example, Mahindra and Mahindra Limited's Farm Equipment Sector (FES), in 2020, introduced advanced modern technology-based precision potato planting machinery named 'PlantingMaster Potato +.' The machine was designed and developed in partnership with Dewulf, a Europe-based leader in potato machinery. Moreover, the augmenting demand for crop production to distribute the worldwide population is witnessed potential growth for the precision planting market growth. For instance, according to the Population UN Organization Report in 2019, the world's population touched approximately 7.7 Billion and is expected to reach 8.6 Billion by 2030. Thus, this acceleration in the population throughout the world will require sophisticated technology to improve crop production, which precision planting methods can do. However, the excessive cost for innovatory equipment required in farming and high skills to manage the digital tools with accurate knowledge and training will restrain the precision planting market share.

Precision Planting Market Segmentation:

Segmentation by Offering

· Software

· Hardware

· Services

Segmentation by System Type

· Drones

· Precision Air Seeders

· High-Speed Precision Planting Systems

Segmentation by Farm Size

· Above 400 Hectares

· Below 400 Hectares

Segmentation by Drive Type

· Hydraulic

· Electric

Segmentation by Region:

· North America

o United States of America

o Canada

· Asia Pacific

o China

o Japan

o India

o Rest of APAC

· Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

· RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research

GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.

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