The global seed drill machines market is projected to reach a value of nearly US $ 620 Mn by the end of 2026, accor ding to a new research report by Fact.MR. In terms of volume, 290 thousand units are expected to surpass. Broader sluggishness in the agriculture sector is likely to rub off on the prospects of seed drill machine manufacturers.
According to the report, the demand for seed drilling machines is about to increase. Seed drill machines offer advantages in terms of sowing seeds at appropriate depth. Further, seed drill machines are capable of covering a large area in a quick time vis-à-vis manual sowing, which has fuelled their adoption among farm owners looking for boosting farm productivity.
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Seed drill machine sales are thus growing on the account of macroeconomic factors, such as rising urbanization and shift to non-agricultural jobs. In China and India – countries with a significant population engaged in agriculture as a means of livelihood – urbanization has led to a reduction in the availability of labor. The problem has been compounded by the lucrativeness of other non-agrarian based jobs. These factors are influencing sales of seed drill machines. However, sluggishness in the agriculture sector and shrinking margins continue to increase.
Mechanical Seed Drill Machines Outsell Pneumatic and Combination Seed Drill Variants
Demand for mechanical seed drills continues to be higher than pneumatic and combination seed drills. The cost of mechanical seed drills is lower than pneumatic and combination seed drills, which has become a key factor for their higher adoption. However, increasing awareness on the benefits of pneumatic and combination seed variants is fostering demand among end-users. On the other hand, there is a discussion of the advantages and benefits of the invention.
Demand for Tine Seeders Higher than Disc Seeders
Farm owners are shown as having a preference for seed seeders vis-à-vis disc seeders on account of their flexibility and higher margin for error. Although disc seeders are adequate for ideal conditions – firm and non-compact ground – they have severe limitations in less than ideal conditions. The incorporation of pre-emergent herbicides is higher in tine seeders and they are better at controlling grass weeds. US $ 317 Mn in revenues by the end of the forecast period.
Seed Drill Machines with 3-4m and Below 2m Working Width Account for Significant Demand
Seed drill machines are available in various working widths, ranging from 2m to above 5m. Among these, demand for seed drill machines with working width 3-4m and below 2m remains the highest. In terms of revenues, seed drill machines with 3-4m working width accounted for over US $ 126 mn in revenues in 2017.
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Seed Drill Machine Manufacturers Focusing on Increasing their Penetration in Asia Pacific excluding Japan (APEJ)
Asia Pacific excluding Japan – the largest market for seed drill machines in terms of both value and volume. Sensing the opportunities in the market, leading manufacturers are focusing on their footprint in the region. Some of the leading players in the market include KUBOTA Corporation, Mahindra & Mahindra, Derre and Company, Farmet as, AGCO Corporation, KUNH Machineries, Bobcat Company, CLAAS KGaA Ltd., Agrowplow PTY LTD, Dale Drills, Mascar SpA, Seedhawk, Landoll Corporation , Claydon Yield-o-Meter Ltd., DUNCAN AG, Kasco Manufacturing Co., Great Plains Manufacturing, Inc., NOVAG, Davimac Manufacturing, TG Schmeiser Co., Inc., AgPro Equipment, CNH Industrial, TAEGE, Shapar Agro, HFL Fabricating, TAKA Co., and Allen Custom Drills
The projected moderate growth in the global seed drill machine market is likely to increase.
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