Global Fertilizer Applicators Market 2018-2022

Below are some of the key findings from fertilizer applicators market analysis

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Global Fertilizer Applicators Industry Overview

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.

Top fertilizer applicators companies covered in this report

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:

• AGCO
• CNH Industrial
• Deere & Company
• Kubota
• Kuhn

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Fertilizer applicators market growth based on geographic regions

• Americas
• APAC
• EMEA

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.

Fertilizer applicators market growth based on fertilizer type

• Dry
• Liquid

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.

Key highlights of the global fertilizer applicators market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the fertilizer applicators market during the next five years
• Precise estimation of the global fertilizer applicators market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the fertilizer applicators industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of fertilizer applicators companies

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