The market for agricultural sprayers is projected to be US$ 3,298 million in 2022 and to increase at a CAGR of 6.0% to US$ 5,906.2 million from 2022 to 2032. Growth is attributable to farmers being more aware of agricultural sprayers.
Pesticides and insecticides are applied to plants using agricultural sprayers to manage diseases and pests. These sprayers are also used to apply micronutrients to encourage plant development and pesticides to suppress weeds. The chemical solution is broken down into tiny droplets by the sprayers, which then evenly disperse the pesticides throughout the plant.
The market structure for agricultural sprayers is also covered in detail. The internal team at FMI for the chemicals and materials sector offers insightful advice that is supported by the most recent data. The study also provides access to a sizable database that monitors present and future innovations in chemicals and materials across more than 100 nations.
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Agricultural Sprayers Market Drivers
Farmers or growers must deal not just with problems related to agricultural operations but also with problems arising from the market. Price volatility, unpredictable weather, finding customers for their goods, and a lack of natural resources are a few market obstacles. The more modern agricultural sprayer models have given farmers a number of advantages, including lower costs, better spray efficiency, safety, and less harm to the environment and crops. As a result, there is a significant rise in demand for agricultural sprayers on the international market.
Due to the sharp increase in grain and cereal output, which is in accordance with the trend of food fortification to meet the global demand for nutrient-rich food, agricultural sprayer machine sales will continue to be substantial.
Leading companies in the agricultural sprayer business are using sensors to provide cutting-edge spraying equipment with high performance traits in terms of precise control and all-around visibility.
Growing drone applications will result in unheard-of expansion of the agricultural sprayers industry as accurate drone technology’s real-time field information significantly increases farm productivity and profitability.
Why Is the Agricultural Sprayers Market in North America Growing Opportunistically?
In terms of regional market share, the Agricultural Sprayers market is dominated by North America. In 2022, the region is anticipated to grow at a rate of over 18.2%. The need for agricultural sprayers in the United States is anticipated to rise as farming practices are improved, technologically advanced farm equipment is used, and consumers seek high-quality agricultural products.
Market Competition
Some of the key participants present in the global Agricultural Sprayers market include John Deere, CNH Industrial N.V., Kubota Corporation, Mahindra & Mahindra Ltd., STIHL, AGCO Corporation, Yamaha Motor Corp., Bucher Industries AG, EXEL Industries, AMAZONEN-Werke, BGROUP S.p.A., Agro Chem Inc., Boston Agricultural Sprayers Ltd., H&H Farm Machine Co., Buhler Industries Inc., AG Spray Equipment, Inc., DJI, Case IH, H.D. Hudson Manufacturing Co., and John Rhodes AS Ltd., among others.
Attributed to the presence of such high number of participants, the market is highly competitive. While global players such as John Deere, CNH Industrial N.V., Kubota Corporation, Mahindra & Mahindra Ltd., STIHL, AGCO Corporation, and Yamaha Motor Corp., account for a considerable market size, several regional level players are also operating across key growth regions, particularly in North America.
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Key Segments Profiled In The Agricultural Sprayers Industry Survey
By Type:
- Handheld
- Self-Propelled
- Tractor-Mounted
- Trailed
- Aerial
By Nozzle Type:
- Hydraulic Nozzle
- Gaseous Nozzle
- Centrifugal Nozzle
- Thermal Nozzle
By Power Source:
- Fuel-based
- Electric & Battery-driven
- Solar
- Manual
By Crop Type:
- Cereals
- Oilseeds
- Fruits & Vegetables
- Other Crop Types
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