The Vietnam agricultural machinery/equipment market size is on track for significant growth. There are several factors that drive this market growth including government support and labor shortages along with the increasing push for farm mechanization.
Contemporary agricultural technology and equipment are crucial in various farming operations nowadays. In ancient times animals became the main energy source for hard farming tasks. Eventually steam power took over followed by gas tractors and then diesel engines. In some countries the agricultural machinery utilization further led to a decline in the number of farmworkers yet farm production keeps rising.
Technology has significantly improved efficiency within the agricultural production. Farmers who continue using traditional methods for heavy tasks are basically wasting time and risking their health. What once was seen as an innovation in technology like tractors has now become a thing in the past. Modern farming equipment has elevated the agricultural sector to new heights.
The Drivers
Various major trends are shaping a positive landscape for the Vietnam agricultural machinery/equipment market.
- Government support
The government in Vietnam is actively encouraging agricultural mechanization by offering financial support along with tax breaks. These efforts are likely to result in considerable agricultural equipment sales growth. This further encourages broader modern machinery utilization among farmers in the country.
- Labor shortage
The decreasing rural population in Vietnam is further contributing to a labor shortage in the agricultural industry. The shift leads to a growing demand for machinery that minimizes the need for manual labor in agriculture. With fewer workers available farmers will therefore look to machinery to ensure and increase their productivity.
- Increase demand for productivity
Farmers in Vietnam are gradually embracing modern farming machinery to improve efficiency and increase productivity. More farmers are turning to machinery that helps minimize post harvest losses while improving resource efficiency. It can also help to increase overall yields.
The Types
There are generally several types within the Vietnam agricultural machinery/equipment market. A plough is generally a key tillage tool that attaches to a tractor which aids in efficient land cultivation. This outstanding agricultural tool is useful for land preparation for the planting season. Various plough types assist farmers in creating a fertile seedbed for healthier crops. Whether it is converting new land into farmland or prepping an existing field for planting.
The larger combine works similarly to a comb cutter. It basically cuts mature crops efficiently and threshes them simultaneously. The combine is a significantly upgraded machine which saves farmers time by eliminating the valuable hours on manual harvesting.
The multicrop harvester is versatile enough to harvest various grain crops. That includes wheat and corn or even rice. By speeding up the harvesting process a contemporary multicrop harvester ensures that fields are ready for the next crop quickly. It therefore improves the chances in maximizing production within the available period.
A rotavator is flexible tillage equipment with rotating blades that can turn over the soil. This subsequently makes seedbed preparation easier for farmers. Rotary tillers are generally utilized for breaking soil in various settings like farms or gardens. Their simple construction along with high efficiency have made them increasingly popular in agricultural tasks.