Rice Transplanter Market Grows at a CAGR of 5.81%


Posted August 1, 2016 by Ling985279521

According to research, the global rice transplanter market grow at a CAGR of 5.81% during the forecast period 2016-2020, and China is going to lead the fast growth region after by India.

 
A rice transplanter is an agricultural machine used for transplanting rice seedlings to the field. This is very important as it reduces the time taken to transplant seedlings (when compared to manual transplanting), thus allowing more time for harvesting. It also reduces the use of manual energy.

The holistically agricultural mechanization prevails in emerging counties such as China, India, and other Southeast Asian countries will be main drivers of in rising rice transplanter market, according to research, the global rice transplanter market grow at a CAGR of 5.81% during the forecast period 2016-2020, and China is going to lead the fast growth region after by India.

Chinese agricultural mechanization
> With the level of agricultural mechanization improves. The total power of agricultural machinery was1.1 billion kilowatts in 2015 and is expected to hit 1.2 billion kilowatts in 2020. The overall level of mechanization in crop plowing, sowing, and harvesting came to 63% in 2015 and will touch 70% in 2020 in China.
> Demand for agricultural machinery changes. With evolution of farming practices from traditional ones to sub soiling and deep plough and of operator from individual household to family farm and agricultural machinery cooperative, the demand for large and high-power agricultural machinery has kept growing. In 2015, China experienced declines in both output and output value of tractors but saw over 30% increase in 100HP-above large tractors.
> Import and export of agricultural machinery both fall. China imported USD2.28 billion and exported USD10.17 billion worth of agricultural machinery in 2015, down 8.4% and 3.8%, respectively, over the previous year.
> “Agricultural Machinery + Internet” starts to prevail. In 2015, a group of e-commerce firms including Taobao and JD began pushing forward online agricultural machinery sales and services with agricultural machinery enterprises.

Read Full Report: http://www.gosreports.com/global-rice-transplanter-industry-2016-market-research-report/

Joanna | Executive – International Business and partner Relations
E-mail: [email protected] | Tel: 1-510-400-8520
Web: www.gosreports.com
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Last Updated August 1, 2016