The Global Rice Transplanter Market size is estimated at USD 1.48 billion in 2023, and is expected to reach USD 1.96 billion by 2028, growing at a CAGR of 5.80% during the forecast period (2023-2028).
The rice transplanter market is fragmented, with various small and medium-sized companies resulting in stiff competition. The development of regional markets and local players in different parts of the world is the major factor for the fragmented nature of the market. Major Player like Kubota Inc, with their R&D team and technology, is able to provide a smart solution. Every player is working smartly and in an innovative way to compete in the market. Kubota, Iseki, Mitsubishi, CLASS, and CNH Industrial are the five major players competing in the market.
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