IMARC Group, a leading market research company, has recently releases report titled “Agriculture Sprayers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global agriculture sprayers market share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Agriculture Sprayers Market?
The global agriculture sprayers market size reached US$ 2.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.5% during 2023-2028.
What are Agriculture Sprayers?
Agriculture sprayers are farming equipment for quick, convenient, and efficient application of liquid substances, such as fertilizers, herbicides, and pesticides, that contain acids or caustic chemicals for soil or plants to enhance crop performance and control pests. They are also used to produce line ingredients and spray water, crop performance materials, pest maintenance chemicals, and weed killers. At present, agriculture sprayers are available in numerous sizes and types, from portable sprayers with spray guns to advanced atomizers or self-propelled units and trailed or mounted sprayers attached to a tractor.
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What are the growth prospects and trends in the agriculture sprayers industry?
The global agriculture sprayers market is primarily driven by the shifting focus toward using modern agricultural approaches to improve crop productivity. Moreover, the rising use of agriculture sprayers for maintaining crop health and enhancing farm efficacy due to the increasing global population and declining arable land is positively influencing market growth.
Additionally, several favorable initiatives by governments of numerous countries to encourage the uptake of modern farming practices represent another major growth-inducing factor. Besides this, the introduction of drone sprayers equipped with software, cameras, and sensors for mapping and taking pictures automatically and integrated with a global positioning system (GPS) to measure farm sizes and monitor areas that require spraying is propelling the market growth.
Other factors, including increasing production of cereals and grains, escalating need for spraying livestock to kill ticks, and rising food security concerns, are also anticipated to drive the market further.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Type:
• High-Pressure Sprayer
• Low-Pressure Sprayer
• Air Carrier Sprayer
• Hand Operated Sprayer
Breakup by Source of Power:
• Solar Sprayers
Breakup by Usage:
• Field Sprayers
• Orchard Sprayers
• Gardening Sprayers
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
AGCO Corporation, ASPEE, Bucher Industries AG, Buhler Industries Inc. (Rostselmash), CNH Industrial N.V., Deere & Company, Exel Industries, Jacto Inc., KUBOTA Corporation, Mahindra & Mahindra Limited, RSR AGRO-Hymatic (RSR Retail Pvt. Ltd.), Stihl and Yamaha Motor Co. Ltd.
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