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Global Fertilizer Applicators Market 2018-2022| Industry Analysis and Forecast| Technavio

December 4, 2018

LONDON--(BUSINESS WIRE)--Dec 4, 2018--The global fertilizer applicators market research report by predicts the market to post a CAGR of more than 6% during the period 2018-2022.

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Technavio has released a new market research report on the global fertilizer applicators market for the period 2018-2022. (Graphic: Business Wire)

A key driver for the global fertilizer applicators market is the cost reduction benefits offered by fertilizer applicators. The fertilizer applicators are used as a replacement for manual fertilizer application. The use of manual labor for the application of fertilizers can lead to over or under application of fertilizers and is a time-consuming process. The fertilizers can be applied faster and in precise amounts using fertilizer applicators when compared with manual application, which helps in saving time and cost of fertilizers.

This research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the technological advances in fertilizer applicators as one of the key trends in the global fertilizer applicators market:

Global fertilizer applicators market: Technological advances in fertilizer applicators

Fertilizer applicators have improved due to the recent advances in technology such as the air boom technology and use of sensors. For instance, Deere & Company integrated the air boom technology in the F4365 applicator in 2017. The rate of fertilizer application can be determined by the use of sensors in fertilizer applicators. For instance, Deere & Company’s HarvestLab 3000 can determine the constituents of the fertilizer being applied.

“The air boom technology is used to blow micro-sized granules of the fertilizer. For low-quality solid fertilizers that do not have properly sized granules, this technology can help in the better spreading of the fertilizer. The use of sensors mounted on fertilizer applicators can help in navigating the field using global positioning system,” says a senior research analyst at Technavio.

Global fertilizer applicators market: Segmentation analysis

This fertilizer applicators market analysis report segments the market by fertilizer type (dry fertilizer applicators and liquid fertilizer applicators) and geography (the Americas, APAC, and EMEA).

The dry fertilizer applicators segment held the largest fertilizer applicators market share in 2017, accounting for more than 86% of the market. This segment is expected to dominate the global market throughout the forecast period.

The APAC region led the market in 2017 with approximately 49% of the market share, followed by the Americas and EMEA respectively. The APAC region is expected to dominate the market throughout the period 2018-2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181204005869/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING CHEMICALS/PLASTICS NATURAL RESOURCES AGRICULTURE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/04/2018 12:25 PM/DISC: 12/04/2018 12:25 PM

http://www.businesswire.com/news/home/20181204005869/en

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