Rice Transplanter Machine - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Rice Transplanter Machine Market is expected to grow at a CAGR of 11.5% during the forecast period. Growing investment opportunity in the agricultural sector rise in machinery size and proliferation of various types of machines is a key driving factors for the market growth. However, lack of investments for small farmers to replace old machinery is limiting the expansion of the rice transplanter machine market. Moreover, manufacturing of farming plant equipment, engines and construction equipments will also boost the opportunities for players in this market. One of the major trends in the market is setting up of research and development centers by such major player.
Rice Transplanter machine is especially outlined for transplanting rice seedlings in paddy fields. Farmers are required to drive the machine along in a straight line to transplant the seedlings in rows. It consists of two kinds of rice transplanter namely riding type and walking type. Riding type is power driven and can generally transplant six lines in one pass. On the other hand, walking type is physically driven and can generally transplant four lines in one pass. The rice planter contained of three segments that is the motor, running gear and transplanter device. The common rice transplanter compromises of a seedling tray, seeding tray shifter and pickup forks.
By Distribution channel, offline distribution channel segment is anticipated to dominate the market during forecast period. It is generally divided into three types, which are direct-to-consumer, distributors and dealers. The merchants build business collaborated directly with users such as farmers and farming corporations in direct-to-consumer channel. Dealers and distributors as well as international distributors and country distributors contributed almost 80% of revenue to the offline rice planting machine segment because farmers are not technologically advanced to buy the product online.
By Geography, Asia Pacific is the largest growing market owing to the growing the requirement for better machinery. Countries such as China, India, and Indonesia have huge implementation of rice transplanter machines.
Some of the key players profiled in the Rice Transplanter Machine Market include Yanmar Co., Ltd., Iseki & Co., Ltd., Jiangsu World Agriculture Machinery, Changfa Agricultural Equipment, Kubota, TYM, CLAAS, Shandong Fuerwo Agricultural Equipment, Dongfeng Agricultural Machinery and Mitsubishi Mahindra Agricultural Machinery.
Distribution channels Covered:
- North America
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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