Global Agriculture Sprayers Market Share Is Likely To Reach At A CAGR Value Of Around 6.6% By 2030

07-Feb-2020 | Facts and Factors

According to Facts & Factors, the global agriculture sprayers market size in terms of revenue was worth around USD 2428 million in 2022 and is expected to reach USD 4316 million by 2028, growing at a CAGR of 6.6% from 2023 to 2030. The global agriculture sprayers market is projected to grow at a significant growth rate due to a number of driving factors.

Agriculture Sprayers Market Size

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Agriculture sprayer is a handheld mechanical device or a fuel-or electric-powered system used to spray fertilizers, pesticides, insecticides, herbicides, and other liquid-based chemicals on cultivated land. These sprayers are widely used in large agricultural fields including nurseries, gardens, and vineyards.

Browse the full “Agriculture Sprayers Market Size, Share, Growth Analysis Report By Type (Pedal Pump Sprayer, Traction Pneumatic Sprayer, Knapsack Sprayer, and Others), By Application (Cereals, Fruits & Vegetables, Oilseeds, and Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2023 – 2030” report at https://www.fnfresearch.com/agriculture-sprayers-market

Key Market Drivers:

  • Growing Tractor Adoption Rate In Agriculture Sector

Earlier, almost each agricultural field task such as plowing, harrowing, disking, tilling, planting, and spraying was performed manually by the farmers. But with the advancement in technology and the automotive sector, all these fields are performed through machines.

As the tractor has become a necessity in agriculture, and with the growing adoption rate of tractors, the demand for sprayers, particularly tractor-operated such as traction pneumatic sprayers, is likely to grow simultaneously. The adoption rate of tractors in developed regions, including the U.S., France, Germany, and some developed countries in the Asia Pacific, has surged.

  • Advanced Technological Incorporation In Agriculture Sector Likely To Propel The Market

Managing the vast agricultural field with extensive cultivation needs an extra workforce, which adds to the production cost. With the introduction of GPS and AI-powered robotic systems in the agriculture sector, the field management has become significantly easier.

The adoption of advanced sprayers further reduces human efforts, as the equipment conduct autonomous functions such as timely and targeted sprays. The eventual reason for introducing technology in the agriculture sector is to cut production cost and enhance crop productivity.

Report Scope

Report Attribute

Details

Market Size in 2022

USD 2428 Million

Projected Market Size in 2030

USD 4525 Million

CAGR Growth Rate

6.6% CAGR

Base Year

2022

Forecast Years

2023-2030

Key Market Players

KUHN Group, F/S Manufacturing, Electrostatic Spraying Systems, Penns Creek, ANDREAS STIHL AG & Co. KG(STIHL), Labdhi International, Demco Manufacturing Co., CROPLANDS EQUIPMENT PTY LTD, Crop Care (PBZ LLC), John Deere, and MS Gregson, among others.

Key Segment

By Type, By Application, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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Other factors that are propelling the global agriculture sprayers market are:

  • Augmenting the need for effective farming to meet the global food demand
  • Subsidies and government funding for increased adoption of modern agricultural technologies.

MAJOR MARKET RESTRAINT:

  • Lack of equipment handling knowledge and high initial investment

As the major agricultural land share is under the rural areas, where farmers are unaware of the functioning and operation of hi-tech sprayers and other equipment, which impedes the global agriculture sprayers market growth.

Based on type, traction pneumatic sprayers leads the global agriculture sprayers market

Though knapsack sprayers are widely and easily available across the globe the demand and market share for traction pneumatic sprayers is huge in the global agriculture sprayers market owing to their huge holding capacity.

The Asia Pacific attains the ruling position in terms of revenue in the global agriculture sprayers market

Agriculture is the primary income source in most of the Asia Pacific countries. As the regional, eventually global, population is growing exponentially, the demand for agricultural products surges, thereby propelling the agriculture sprayers market.

Competitive Landscape:

Some of the key players driving the global agriculture sprayers market are Miller( CNH Industries), KUHN Group, F/S Manufacturing, Electrostatic Spraying Systems, Penns Creek, ANDREAS STIHL AG & Co. KG(STIHL), Labdhi International, Demco Manufacturing Co., CROPLANDS EQUIPMENT PTY LTD, Crop Care (PBZ LLC), John Deere, and MS Gregson, among others.

The global agriculture sprayers market is segmented as:

By Type

  • Pedal Pump Sprayer
  • Traction Pneumatic Sprayer
  • Knapsack Sprayer
  • Others

By Application

  • Cereals
  • Fruits & Vegetables
  • Oilseeds
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of the Middle East & Africa

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