Farming Equipment Market Trends during Forecast 2019-2026

NOIDA, India - June 10, 2021 - PRLog -- A large population directly or indirectly depends on agriculture. It affects the food security and the economic growth of India. With the help of Precision Farming, the agriculture process can easily monitor or observe crop growth based on collected information (soil condition and weather information) from a crop field.

The Deep-processing of agriculture products is an essential step in advancing agricultural industrialization. With the development of social-economic, urban residents are used to fasting rhythm. The follow-up processed goods of agriculture products are growing demand, such as washed vegetables, cutting products, convenience foods. In those products, there are multiple scales of products which are cored of cutting processing technology or based on their application. Thus, researching the cutting processing technology of the original planting products and their equipment is the foundation of the deep-processing of agriculture products. It is highly significant to industrialize the agriculture equipment industry for various agricultural products.

Growth Drivers

Increasing demand for food products

There is no doubt that the significant factors maintaining human existence and sustaining life on earth are food and water. While agriculture produces the vast majority of food, it faces many challenges, such as climate change, water shortages, labor shortages. It is due to the aging urbanized population, and increased societal concern about issues such as animal welfare, food safety, and environmental impact. These are the major driving factor for the global farming equipment.

Global Farming Equipment Market Segmentation

By Product Type

Based on product type, the global Farming Equipment the market is segmented into Agriculture tractors, Harvesters, Soil preparation & cultivation equipment, Irrigation & crop processing equipment, Agriculture spraying equipment, hay & forage equipment, and Other Agriculture Equipment. Humans depend on agriculture and water for survival, so optimal, profitable, and sustainable use of our land and water resources is critical. At the same time, urbanization, developments of the industry, and overrun of fertilizer and pesticides also bring the heavy river pollution. So to produce foods efficiently, different agricultural equipment is required, these factors are expected to propel the market growth.
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