AMA Research, a global market research and consulting organization, have released a new study titled "Rice Transplanter Machine market - Global outlook to 2030". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Rice Transplanter Machine market to grow at a CAGR of 5.8%.
The Distribution Channel, such as Online, is boosting the Rice Transplanter Machine market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Ownership Type, such as Owned, is boosting the Rice Transplanter Machine market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to Analyst at AMA Research, the Global Rice Transplanter Machine market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increasing Labor Shortage in the Developed Economies and High Adoption Rate of Rice Transplanter Machines in Developing Nations.
Rice transplanter machine specifically used for transplanting rice seedlings in a rice prominent crop region includes the Asia Pacific. Of late, transplanting machines are preferred by most of the farmers in both developing nations such as India, China and Korea. In recent years, farmers are facing a shortage of labor owing to the migration of labor to urban areas. This, in turn, is propelling the growth for agriculture-related equipment includes rice transplanter machine. Rising awareness among farmers about smart farming is the major factor in the growth of the very market.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Rice Transplanter Machine market by Type (Riding Type and Walking Type), by Application (Household and Commercial ) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market