Market Overview:
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.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Kubota (Japan), Iseki (Japan), Yanmar (Japan), TYM (South Korea), Jiangsu World Agriculture Machinery (China), CLAAS (Germany), Mitsubishi Mahindra Agricultural Machinery (Japan), Shandong Fuerwo Agricultural Equipment (China) and Dongfeng Agricultural Machinery (China) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility |
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Key Vendors of Rice Transplanter Machine Market Study:
Kubota (Japan), Iseki (Japan), Yanmar (Japan), TYM (South Korea), Jiangsu World Agriculture Machinery (China), CLAAS (Germany), Mitsubishi Mahindra Agricultural Machinery (Japan), Shandong Fuerwo Agricultural Equipment (China) and Dongfeng Agricultural Machinery (China)
Rice Transplanter Machine Market Segment Analysis
Scope | Sub-Segments |
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Application / End User | Household and Commercial |
Type | Riding Type and Walking Type |
Distribution Channel | Online,Offline |
Ownership Type | Owned,Leased/Hired |
Influencing Trend:
Surging Usage of Precision Farming in both Developed and Developing Economies and Continuous Technological Innovations by Key Players
Market Growth Drivers:
Increasing Labor Shortage in the Developed Economies and High Adoption Rate of Rice Transplanter Machines in Developing Nations
Challenges:
High Maintenance Cost of Rice Transplanter Machine
Restraints:
High Initial Investment and Dispersed Paddy Plots
Opportunities:
Develop Feature-Rich Machines and Prioritize Affordability and Ease of Use
. The Global Rice Transplanter Machine market is gaining huge competition due to involvement of Global companies that constantly invest in research & development to meet market expectation with new innovation.
Latest Industry Highlights:
In March 2024, Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES) has launched a new 6 row paddy transplanter called the Mahindra 6RO Paddy Walker. The new Mahindra 6RO Paddy Walker will also be offered with best-in-class financing options from Mahindra Finance and Sriram Finance.
In May 2023, BASF, Kubota and ZEN-NOH collaborate to help improve and optimize Japan’s rice production. The collaboration consists of two phases, beginning with the integration of BASF’s advanced xarvio FIELD MANAGER crop optimization platform with Kubota’s state-of-the art KSAS operating platform to assess operability.
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Rice Transplanter Machine market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Rice Transplanter Machine market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the reports scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Rice Transplanter Machine Manufacturers, Raw Material Suppliers/Distributors, Component Suppliers, End Users and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.