According to a new research report by Global Market Insights, Inc., the Agriculture Equipment Market will surpass $200 billion by 2024.
The shipments exceeded 5 million units in 2017. Exponential increase in population levels have generated the need for increasing the crop quality & yield through advancements in technology, livestock monitoring and the growing usage of fertilizers and pesticides, thereby driving the agriculture equipment market growth. This has also led to increasing labour costs and the adoption of automated machines in farms. Several machines are being developed depending on the tasks and activities performed in these fields. These modern technologies have revolutionized the farming techniques. Moreover, with the ongoing urbanization trend, consumers are demanding a better standard of living and diets. The rising need for these demands will spur demand for agricultural products, thereby providing an impetus to market growth.
Bu hikaye Business Of Agriculture dergisinin November - December 2018 sayısından alınmıştır.
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Bu hikaye Business Of Agriculture dergisinin November - December 2018 sayısından alınmıştır.
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