Disruptive & Game Changing Role of Agricultural Mechanization in Successfully Meeting Food Security & Sustainability Goals to Drive Global Sales of Plowing & Cultivating Machinery
Surging need to feed a growing population and the ensuing focus on farm productivity and yields per acre are poised to drive the global market for Plowing and Cultivating Machinery to reach US$14.6 billion by 2024 . Plowing and cultivating represents the foremost procedure in growing crops. Plowing is an agricultural technique of preparing the top layer of soil for planting by loosening it with the help of an implement. Demand for plowing and cultivation machinery is primarily driven by mechanization of farm practices, which in turn is guided by the economic principle that use of automated tools in lieu of manual labor results in cost and higher yield benefits. Against the backdrop of population growth and the ensuing pressure on food security, the emphasis on farm productivity and yield per acre is growing stronger. This thereby renders mechanization of farm activities a necessity. Also, falling agricultural commodity prices are exerting pressure on farmers to run cost effective...