Market Trends of Seed Drill and Broadcast Seeder Machinery Industry
Increased Crop Productivity is Driving the Market
The adoption of seed drill and broadcast seeder machinery in crop cultivation has successfully resulted in a 30% increase in crop productivity and a 20% reduction in the input cost by the farmers. Therefore, seed drill and broadcast seeder machinery have been significantly adopted from large-scale farmers to small-scale farmers in the matured markets, such as North America and Europe. The sowing time has drastically reduced to 80% with the usage of the above machinery in the field is majorly driving the farmers to adopt them for every crop cultivated. Hence, broadcast spreaders are slowly gaining demand in emerging markets, such as Asia-Pacific and Africa.
Europe Dominates the Market
Europe agricultural machinery market exhibited positive growth in the market in 2017, after the declining trend from 2013 to 2016. The region is anticipated to adopt such advanced equipment of seed drills at a high rate during the forecast period, as the European farmers are experiencing positive crop productivity with favorable climatic conditions expected to see an increase in commodity prices, especially in Germany.
