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Below are some of the key findings from fertilizer applicators market analysis
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The subsidies offered by governments on the usage of fertilizer applicators is one of the key causes impacting the fertilizer applicators market’s growth positively in recent years. Owing to the realization among the government officials about the significant environmental and agricultural problems associated with uncontrolled use of fertilizers, farmers are increasingly being offered subsidies for buying fertilizer applicators. For instance, as per the SMAM scheme, farmers in India are entitled to get subsidies for purchasing different agricultural machinery including the fertilizer applicators. Similarly, the Chinese government had offered over USD 17 billion as a subsidy to the consumers for buying over 16 million agricultural equipment pieces during 2004-2014. Furthermore, the Government of China is also focusing on achieving up to 70% of farm mechanization by 2020. Consequently, such provision of funding and subsidies to purchase costly agricultural equipment will drive the fertilizer applicator market to register a CAGR of over 6% during the forecast period.
The fertilizer applicators market is moderately fragmented owing to the presence of a few established and emerging fertilizer applicator manufacturers. The market players are leveraging advanced technologies to offer high-quality products for meeting the evolving need of the end-users. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this fertilizer applicators industry analysis report will allow the clients to explore the market potential and identify new growth opportunities.
The report offers a complete analysis of various companies including:
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With a complete study of the growth opportunities for the companies across the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in the APAC region will contribute to the highest growth of this market throughout the forecast period. Owing to the rising availability of subsidies for purchasing agricultural machinery in the emerging economies of the region, the adoption of fertilizer applicators is subsequently expected to rise considerably in the forthcoming years.
According to our market research experts, the dry fertilizer type segment will account for the highest growth in the market owing to their ease of storage and application in the field. Additionally, the report also provides an accurate prediction of the contribution of the various fertilizer type segments to the growth of the fertilizer applicators market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY FERTILIZER TYPE
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
PART 16: APPENDIX
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