NEW YORK, Dec. 2, 2021 /PRNewswire/ -- The global
agricultural sprayers market size is forecast to top
US$ 3.2 Bn by 2031, exhibiting growth
at 6% CAGR, opines Fact.MR in a recent market analysis. Ongoing
technological advancements in farm equipment are spurring demand
for agricultural sprayers, creating lucrative growth opportunities
for players in the market.
Farmers worldwide are seeking farm equipment that would help
them improve efficiency and profitability. In response to these,
players are launching technology-equipped modern sprayers to
battery-operated sprayers to improve efficiency, accuracy, and
productivity in farms.
As farmers are getting more aware of crop protection and food
quality, demand for advanced spraying machinery is on the rise. In
addition to this, increasing applications of agrochemicals to
improve crop yield sustainably is expected to boost sales, thereby
augmenting the growth in the market.
Further, young farmers are shifting from traditional farming
practices to modern methods and tools, which is driving demand for
solar agricultural sprayer pumps. Growing need for food
fortification to offer nutrient-rich food in the food and beverage
sector is a chief factor driving sales in the market.
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As per Fact.MR, demand for agricultural sprayers is projected to
remain high in the U.S., placing it as an attractive market in
North America. Expansion of the
food and beverage industry, along with growing demand for food
security and certification in the country is compelling farmers to
invest in advanced agricultural equipment, which in turn is
fuelling the growth in the market.
"Introduction of drone technology providing real-time field
information to improve productivity and optimal distribution of
pesticides is expected to bode well for the market. Besides this,
growing demand for driverless sprayers will continue boosting the
growth in the market over the forecast period," says a Fact.MR
analyst.
Key Takeaways:
- Demand for battery-operated agricultural sprayers is projected
to grow by 1.9x over the assessment period.
- Sales of tractor-mounted sprayers are expected to gain momentum
as they facilitate large-scale farming operations.
- The U.S. market is projected to grow 1.2x by 2031 owing to
rapid adoption of technologically advanced farm equipment.
- China is expected to dominate
the East Asia market amid surging
demand for high-quality crops in the food and beverage sector.
- India will continue exhibiting
high demand, favored by government investments supporting the
expansion of the agricultural sector.
Growth Drivers:
- Increasing preference for low emission farm equipment will
continue boosting sales of solar agricultural sprayers.
- Rising demand for high-tech farming equipment in Asia Pacific is expected to drive growth in
the market.
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Competitive Landscape
Leading players operating in the agricultural sprayers market
are focusing on research and development to diversify their product
portfolios. In addition to this, players are investing in mergers,
acquisitions, collaborations, and partnerships to gain a
competitive edge in the market.
For instance,
- In August 2020, Yamaha Motor Co.,
Ltd. launched a pesticide spraying service in Thailand, using Yahama's FAZER R unmanned
industrial helicopter. With this product, the company aims to
address the growing demand for improved pest control in the
agricultural sector with high-quality spraying solutions.
Key Players in the Agricultural Sprayers Market
Include:
- AGCO Corporation
- AMAZONE H. Dreyer GmbH & Co. KG
- Andreas Stihl AG & Company KG
- ASPEE Agro Equipment Pvt Ltd
- BGROUP SPA
- Bucher Industries AG
- CNH Industrial N.V.
- Deere & Company
- Demco Manufacturing Co.
- EXEL Industries SA
- GUSS Automation, LLC
- GVM Incorporated
- HARDI INTERNATIONAL A/S
- Others
More Valuable Insights on Agricultural Sprayers
Market
Fact.MR provides an unbiased analysis of the agricultural
sprayers market, presenting historical demand data (2016-2020) and
forecast statistics for the period from 2021-2031. The study
divulges compelling insights on the global agricultural sprayers
with a detailed segmentation on the basis of:
Product Type:
- Handheld Agricultural Sprayers
- Self-propelled Sprayers
- Low HP Agricultural Sprayers
- Medium HP Agricultural Sprayers
- High HP Agricultural Sprayers
- Tractor-mounted Agricultural Sprayers
- Trailed Agricultural Sprayers
- Aerial Agriculture Sprayers
- Others
-
- Driverless Agricultural Sprayers
- Technically Advanced Faster Sprayers
- Modern Sprayers
- Autonomous Sprayers
- Autonomous Crop Sprayers
- Autonomous Orchard Sprayers
Capacity:
- Ultra-low Volume Agricultural Sprayers
- Low Volume Agricultural Sprayers
- High Volume Agricultural Sprayers
Power Source:
- Manual Agricultural Sprayers
- Battery-operated Agricultural Sprayers
- Fuel-operated Agricultural Sprayers
- Solar Agricultural Sprayers
- Electric Agricultural Sprayers
Nozzle Type:
- Hydraulic Nozzle
- Gaseous Nozzle
- Centrifugal Nozzle
- Thermal Nozzle
Usage:
- Field Sprayers
- Orchard Sprayers
- Gardening Sprayers
Regions:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Key Questions Covered in Agricultural Sprayers Market
Report
- The report offers insight into the agricultural sprayers market
demand outlook for 2021-2031.
- The market study also highlights projected sales growth for
agricultural sprayers market between 2021 and 2031.
- Agricultural sprayers market survey identifies key growth
drivers, restraints, and other forces impacting prevailing trends
and evaluation of current market size and forecast and
technological advancements within the industry.
- Agricultural sprayers market share analysis of the key
companies within the industry and coverage of strategies such as
mergers & acquisitions, joint ventures, collaborations or
partnerships, and others.
Explore Fact.MR's Coverage on the Industrial Goods Domain
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Agricultural Pumps Market Report - The global
agricultural pumps market is expected to grow at a healthy rate in
both developing and developed regions during the forecast period.
Agricultural centrifugal pumps are the most extensively utilised
agricultural pumps all over the world. Mixed agricultural pumps and
axial agricultural pumps, on the other hand, are gaining popularity
in a variety of end-use applications and agricultural industries.
Agricultural pumps are widely used in the agricultural industry.
Agricultural pumps market to create lucrative opportunity for
market participants to breach a high market share.
Agricultural Drones Market Analysis - The
fact that rice, white, and maize crop yields are lowered in warmer
areas due to insect flourishing is a major element pushing the
market for agricultural drones. Due to a lack of qualified workers
in the fields, farm owners are investing in agricultural drones to
achieve shorter lead times in tasks like crop surveillance and
sowing, as opposed to manual labour. In the case of large-acreage
field management, the use of agricultural drones has been deemed
essential. Furthermore, remote and continuous monitoring of
agricultural sites will encourage the use of agricultural drones to
a greater extent.
Combine Harvesters Market Insights - Combine
harvesters are a versatile machine that aids in the efficient
harvesting of a variety of grain crops. Threshing, winnowing, and
reaping are the first steps in a variety of agricultural processes.
Harvesting equipment is becoming more popular as a result of
reduced labour and the necessity for quick harvesting operations.
As a result, demand for combine harvesters is increasing, owing to
the continued expansion of the agricultural industry. Furthermore,
numerous governments throughout the world have implemented a slew
of beneficial laws relating to farm mechanization, paving the way
for the market for combine harvesters.
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