From AGCO to Teagle – Technavio Announces Top 16 Vendors in the Global Fertilizer Spreader Market from 2016 to 2020
By Business Wire News
By Business Wire News
Technavio has announced the top 16 leading vendors in their recentglobal fertilizer spreader marketreport until 2020. In addition, an overview of the global agricultural machinery market, overview of the global planting and fertilizing machinery market, the five forces analysis, key leading countries, vendor landscape, and a corresponding detailed analysis of the key vendors operating in this market are covered in the report.
Competitive vendor landscape
The global fertilizer spreader market is characterized by the presence of a limited number of established players. The vendors in the market are investing in R&D to provide improved quality and modified fertilizer spreaders. For instance, Rauch spent about USD 5.5 million on R&D in 2015. The rising demand for premium quality fertilizer spreaders, which help in accurate application and thereby minimize the impact on the environment, is encouraging market vendors to introduce new technologies.
Mantri Charan Kumar, one of the lead analyst at Technavio for research on retail goods and services, says, “The market is characterized by intense competition, and vendors are trying to offer high quality fertilizer spreaders at competitive prices. Strategic alliances like mergers and acquisitions, and the influx of new products owing to technological innovations, are estimated to further intensify the competition over the next five years. The success of vendors in the market is heavily linked to farm income and regulations related to the use of fertilizers.”
Additional Technavio Insights: Three Major Benefits of Fertilizer Spreaders
Technavio researcher analysts categorize the global fertilizer spreader market vendors into two segments: key vendors and other prominent vendors
AGCO is an agricultural equipment manufacturing company, which provides a range of products for farmers. The company’s product line includes tractors, combine harvesters, hay tools, self-propelled sprayers, and forage equipment and implements. Its key brands include Massey Ferguson, Challenger, Fendt, and Valtra. The company distributes its products through a network of over 3,000 independent dealers and distributors across 140 countries.
CLAAS was founded in 1913 and is headquartered in Harsewinkel, Westphalia, Germany. The company is one of the world’s leading manufacturers of agricultural engineering equipment. It is the European market leader in combine harvesters. It is one of the leading manufacturers of self-propelled forage harvesters worldwide. Also, it offers tractors, agricultural balers, and green harvesting machinery.
Deere & Company (John Deere)
Deere & Company was incorporated in 1958 and is headquartered in Moline, Illinois, US. The company manufactures construction, agricultural, and forestry machinery; diesel engines; drivetrains used in heavy equipment; and lawn care equipment.
Kubota manufactures and sells products and equipment for agriculture and water supply through its subsidiaries and affiliates.
KUHN was founded in 1858 and is headquartered in Saverne, France. The company is one of the world’s leading manufacturers of specialized agricultural machinery for fertilization, tillage, spraying, hay and forage harvesting, seeding, landscape maintenance, and livestock bedding and feeding.
Other prominent vendors:
Adams Fertilizer Equipment
Adams Fertilizer Equipment is based in De Witt, Arkansas, US, and is involved in the manufacturing of fertilizer equipment. The company offers a wide portfolio of products through categories such as spreaders, tenders, blenders, handling, in-loading, seed, and poultry.
BOGBALLE was founded in 1934, and has its headquarters in Uldum, Denmark. Globally, it is one of the leading manufacturers of fertilizer spreaders. Depending on the features, its range of fertilizer spreaders are classified as super professional, professional, and semi-professional.
Earthway Products was founded in 1965, and is based in Bristol, Indiana, US. The company manufactures spreaders, sprayers, and seeders for professionals, as well as homeowners.
Farmec Sulky is based in France, and specializes in manufacturing fertilizer spreaders and seed drills. Within the fertilizer spreader segment, its product offerings include DX20, DX20+, DX30, DX30+, X40+ et X50+, X40+ et X50+ Econov, and XT.
Great Plains was founded in 1976, and is based in Salina, Kansas, US. The company manufactures and sells agricultural equipment such as grain drills, planters, vertical tillage and conventional tillage equipment, fertilizer applicators, sprayers, and compact drills.
KRM was founded in 1986, and is based in North Yorkshire, England. The company specializes in manufacturing fertilizer spreaders and seed drills. It also manufactures other agricultural equipment such as flail mowers, grass harrows, salt spreaders, slug pelleters, and pneumatic seeders.
Kverneland Group was founded in 1879, and offers a broad range of agricultural machinery for seeding, forage and bale, spreading, spraying, and electronic solutions for agricultural tractors. The company offers fertilizer spreaders through its brands Kverneland and Vicon.
Salford Group was founded in 1978, and is based in Salford, Ontario, Canada. The company manufactures and sells farm machinery such as primary and secondary tillage, seeding and fertilizing equipment, and attachments.
Scotts was founded in 1868, and is based in Marysville, Ohio, US. The company is one of the market leaders in the handheld and push type fertilizer spreaders segment.
Sulk Burrel was founded in 1936, and has its headquarters in Brittany, France. The company specializes in seed drills, fertilizer spreaders, and soil preparation equipment. The company has its presence in about 50 countries across the globe, and produces over 4,500 machines per year.
Teagle was established in 1943, and offers a comprehensive range of machinery like fertilizer spreaders, muck spreaders, mowers, mulchers, and swath conditioners.
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- Global Liquid Fertilizer Market 2016-2020
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