Global Fertilizer Spreader Market Will Grow At A CAGR Of 7.29% By Revenue During The Period 2016-2020
The market is driven by factors like the need for increased accuracy in spreading fertilizers. As a result of improper application of fertilizers, farmers bear significant business losses due to uneven growth in crops and poor yield. Labor scarcity and increased government support to purchase agricultural equipment will also help the market grow over the next five years.
Technavios analysts forecast the global fertilizer spreader market to grow at a CAGR of 7.29% by revenue during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the global fertilizer spreader market for 2016-2020. To calculate the market size, we considered the total units (volume) of new fertilizer spreaders sold across the globe in 2015. In addition, we have also covered the market size in terms of revenue.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
New report, Global Fertilizer Spreader Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
AGCO
CLAAS
Deere & Company
Kubota
KUHN Group
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Other prominent vendors
Adams Fertilizer Equipment
BOGBALLE
Earthway Products
Farmec Sulky
Great Plains
KRM
Kverneland Group
Salford Group
Scotts
Sulk Burrel
Teagle
Market driver
Need to improve production yield
For a full, detailed list, view our report
Market challenge
Restrictions on the use of fertilizers
For a full, detailed list, view our report
Market trend
Increasing adoption of precision farming
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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