New York, United States , April 17, 2023 (GLOBE NEWSWIRE) -- The Global Agricultural Sprayers Market Size is to grow from USD 2.35 billion in 2021 to USD 4.10 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period. Agricultural sprayer manufacturers have created more precise and convenient agricultural sprayers to help farmers increase the productivity and profitability of their farming operations. Demand for enhanced spraying machinery is increasing as farmers become more aware of how to protect their crops from pests. Sustainable pesticide application with agricultural sprayers increases the value of agricultural production, thus fueling industrial expansion of agricultural sprayer market.
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Agricultural sprayers are machines that apply liquid substances to plants or crops. Such substances include herbicides, fertilisers, and insecticides. Crop sprayers can also irrigate and protect crops from pests. Farmers may administer liquid substances more easily using agricultural sprayers than with traditional watering methods, and they can cover a wide crop field in a short amount of time. Agricultural sprayers have grown increasingly important for farmers in recent years for spraying fertiliser as well as other chemicals such as herbicides and pesticides as needed during harvest. Because of technological advancements, farmers can now apply chemicals more effectively. The agricultural sprayer industry has gained traction as a consequence of changes in farming techniques and technological adoption. The development of next-generation technology is fueling new trends in the market for innovative agricultural sprayers and spray pumps. Farmers have received various advantages from newer agricultural sprayers, including lower costs, improved spray efficiency, safety, and less crop and environmental damage. This is driving up global demand for agricultural sprayers. However, most developing countries import farming equipment from other countries, which raises product costs and is expected to stymie agricultural sprayer market growth in the near future.
Browse key industry insights spread across 200 pages with 135 market data tables and figures & charts from the report on "Global Agricultural Sprayers Market Size, Share, and COVID-19 Impact Analysis, By Type (Tractor-mounted, Handheld, Self-propelled, Trailed, Aerial), By Power Source (Electric & Battery-driven, Fuel-based, Manual, Solar), By Capacity (High volume, Low volume, Ultra-low volume), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030)." Get Detailed Report Description Here:
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The tractor-mounted segment is expected to grow fastest during the forecast period.
Based on the type, the global agricultural sprayers market is differentiated into tractor-mounted, handheld, self-propelled, trailed, and aerial. Due to their ability to administer chemical pesticides in large quantities, tractor-mounted agricultural sprayers are expected to increase at a faster rate over the projected period. Tractor-mounted sprayers are growing more popular among small-scale farmers as well as large-scale end customers. Moreover, significant operators who formerly utilised self-propelled sprayers are transitioning to tractor-mounted types, which enable larger-scale farming operations.
The fuel-based segment is estimated to grow the fastest over the predicted period.
Based on the power source, the global agricultural sprayers market is classified into electric & battery-driven, fuel-based, manual, and solar. The reason for the increase is that fuel-based sprayers are among the most efficient due to their powerful engines, capacity to cover large farm areas, and less human labour.
The ultra-low volume segment is estimated to hold the largest market during the forecast period.
Based on the capacity, the global agricultural sprayers market is categorized into high volume, low volume, and ultra-low volume. Climate change and water scarcity concerns create the need for ultra-low volume sprayers, which consume less water, driving market demand for ultra-low volume sprayers.
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Asia Pacific is expected to hold the largest share of the market during the predicted timeframe.
Asia Pacific is anticipated to hold the largest share of the global agricultural sprayers market during the forecast timeframe. Governments in China are providing subsidies and loans to farmers to encourage the use of agricultural sprayers that use cutting-edge equipment and gear. Additionally, makers of self-propelled agricultural sprayers are focusing on strategic collaborations with local manufacturers in order to meet the growing need for customised, sustainable, and technologically advanced agricultural sprayers. North America is likely to grow fastest with a sizable portion of the global agricultural sprayer market. As a result of new technology, process improvements, and agricultural innovations, agricultural productivity in the region has increased significantly. Better farming techniques, the use of technologically advanced agricultural machinery, and a desire for high-quality agricultural produce are all expected to boost demand for agricultural sprayers in the United States.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Agricultural Sprayers Market include H&H Farm Machine Co., Buhler Industries Inc., AG Spray Equipment, Inc., DJI, Case IH, EXEL Industries, Bucher Industries AG, AMAZONEN-Werke, BGROUP S.p.A., Agro Chem Inc., AGCO Corporation, Boston Crop Sprayers Ltd., John Deere (US), CNH Industrial N.V., John Rhodes AS Ltd, and Others.
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Recent Developments
In July 2022, Kubota has introduced a new line of high-value crop sprayers. XTA21, XTA22, XTA24, XTA31, XTA33, and XTA63 are six models that cover pest and disease protection needs in fruit and nut orchards, citrus, vine, and olive plantations.
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