The global air seeder market is expected to reach USD 10.34 billion in 2024 and reach USD 13.78 billion by 2029, growing at a CAGR of 5.75% from 2024 to 2029.
Air seeders also have an advantage over other types of sowing equipment, as they can plant thousands of seeds in a minute, spreading them evenly and accurately, saving time and labor when planting seeds. Seeders are essential equipment in agriculture that allows several seeds to be sown simultaneously in the ground. Different types of seeders are used as agricultural equipment depending on the type of farm and the size of the farm. The drill has many advantages, such as ease of use, low maintenance, ease of connection of equipment, high efficiency, and low operating costs. It can be used for both seeds and fertilizers.
Most manufacturers are focusing on developing technically advanced sowing equipment, which requires less maintenance. Air seeders are mainly used for sowing small round seeds. It is a very promising type of seeder due to its advantages over other types of seeder since it facilitates transport, requires less maintenance, and at the same time fertilizes during planting. Considering all these factors, the expansion of the air seeder is likely to drive the market during the forecast period.
Most manufacturers are focusing on developing technically advanced sowing equipment, which requires less maintenance. The development of highly advanced and technically superior agricultural equipment is a major factor that is expected to drive the global air seeder market during the foreseen period.
However, high capital investment is likely to hamper the market for air seeders during the projection period.
The agricultural sector is heavily impacted by the coronavirus pandemic and the functioning of the seed industry and its auxiliaries will be severely affected by the lockdown imposed to stop the spread of COVID-19. With the coronavirus affecting China, the United States, Germany, France, the Netherlands, France, Italy, Spain, Brazil, India, and other major countries involved in seed production, the import and export of seeds will likely be severely affected in the next planting season, as there is the possibility of a large gap between supply and demand. The gap between supply and demand would be much larger for high-value seeds, especially those of certain varieties of vegetables and fruits produced in European countries. Since the impact of COVID-19 is much greater in developed countries, international organizations would focus their energies and strategies more on these countries than on developing and poor countries. However, the closure had an impact on both the seed and ancillary industries, including delays in the transportation of seeds produced in different provinces.
REPORT METRIC |
DETAILS |
Market Size Available |
2023 to 2029 |
Base Year |
2023 |
Forecast Period |
2024 to 2029 |
CAGR |
5.75% |
Segments Covered |
By Application, Product Type, and Region |
Various Analyses Covered |
Global, Regional, & Country Level Analysis; Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
Deere & Company, Morris Industries, Seed Hawk, AGCO Corporation, Bourgault Industries Ltd, CNH Industrial, Amity Technology, Clean Seed Capital Group, Gandy Company, Great Plains Manufacturing. |
The seed segment is expected to dominate the air seeder market during the forecast period with a significant market share. Sowing is an essential and fundamental process for increasing crop yields. Therefore, the seeding segment is likely to grow at a rapid rate during the forecast period.
The agricultural planter is built using many combinations of inlets and outlets, a pressurized box system, fans, and a venturi. All of these components are crucial to the operation of your agricultural seeder.
North America dominates the global market for air seeders due to the presence of multinational and regional manufacturers in the region. In North America, the United States is witnessing technological development in the field of agricultural equipment and also a growing preference for precision agriculture. Therefore, North America is likely to have a significant share of the global air seeder market during the forecast period. The Asia Pacific, with nations like India and China, is foreseen to offer lucrative opportunities for players in the air seeder business. The increasing government subsidies in these areas are improving agriculture production, supporting the call for air seeders.
Deere & Company, Morris Industries, Seed Hawk, AGCO Corporation, Bourgault Industries Ltd, CNH Industrial, Amity Technology, Clean Seed Capital Group, Gandy Company, Great Plains Manufacturing. Some of the market players dominate the global air seed market.
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