DUBLIN--(BUSINESS WIRE)--The "Rice Transplanter Machine - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
The Global Rice Transplanter Machine Market is expected to grow at a CAGR of 11.5% during the forecast period.
Growing investment opportunity in the agricultural sector rise in machinery size and proliferation of various types of machines is a key driving factors for the market growth.
However, lack of investments for small farmers to replace old machinery is limiting the expansion of the rice transplanter machine market.
Moreover, manufacturing of farming plant equipment, engines and construction equipments will also boost the opportunities for players in this market.
One of the major trends in the market is setting up of research and development centers by such major player.
By distribution channel, offline distribution channel segment is anticipated to dominate the market during forecast period.
It is generally divided into three types, which are direct-to-consumer, distributors and dealers. The merchants build business collaborated directly with users such as farmers and farming corporations in direct-to-consumer channel. Dealers and distributors as well as international distributors and country distributors contributed almost 80% of revenue to the offline rice planting machine segment because farmers are not technologically advanced to buy the product online.
- Yanmar Co. Ltd.
- Iseki & Co. Ltd.
- Jiangsu World Agriculture Machinery
- Changfa Agricultural Equipment
- Kubota Corporation
- Shandong Fuerwo Agricultural Equipment
- Dongfeng Agricultural Machinery
- Mitsubishi Mahindra Agricultural Machinery
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