Agricultural Sprayer Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Agricultural Sprayers Market
The Agricultural Sprayers Market size was valued at USD 3.20 billion in 2022 and is projected to grow from USD 3.38 billion in 2023 to USD 5.18 billion by 2030, exhibiting a CAGR of 6.27% during the forecast period of 2024-2032.
The COVID-19 pandemic triggered disruptions in international supply chains, impacting the production and distribution of agricultural sprayers. Travel regulations and exertions shortages delayed farming sports, lowering the call for for brand new system. However, the pandemic highlighted the want for mechanization and precision farming as farmers sought to decrease manual labor and beautify productivity. Post-pandemic restoration efforts, along authorities subsidies, have pushed a rebound within the marketplace as agricultural operations resume at full capacity. Additionally, the growing emphasis on food security is expected to preserve demand for advanced spraying equipment.
The adoption of drone-based agricultural sprayers is a enormous trend within the market. These drones offer unique spraying, decreasing chemical usage while improving crop yield. They can get admission to hard terrains and reduce soil compaction, making them best for sustainable agriculture. Drones geared up with sensors also permit real-time tracking, supporting farmers make informed decisions. As environmental issues upward push, the call for for green technologies like drones is developing. Governments in countries consisting of India and China are actively selling agricultural drones, similarly accelerating this trend.
The developing consciousness on precision farming is a key motive force for the agricultural sprayers market. Precision farming includes the targeted application of fertilizers, pesticides, and water to optimize crop yield and reduce waste. Sprayers ready with GPS and IoT technology permit farmers to apply chemicals correctly, ensuing in higher resource management and environmental sustainability. This fashion is pushed by way of the want to satisfy rising food call for, in particular in areas like Asia-Pacific, wherein population boom is high.
Comprehensive Analysis of Agricultural Sprayers Market
The Agricultural Sprayers Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by product type, by power source, by nozzle type, by capacity, by usage. By Product Type include Self-propelled, Tractor Mounted, Trailed, Handheld, Aerial. By Power Source include Fuel-based, Electric & Battery-driven, Solar, Manual. By Nozzle Type include Hydraulic Nozzle, Gaseous Nozzle, Centrifugal Nozzle, Thermal Nozzle. By Capacity include Ultra-low, Low, High. By Usage include Field Sprayers, Orchards Sprayers ,Garden Sprayers.
The Asia Pacific location lead the Agricultural Sprayers Market share percentage via benefitting a marketplace size of USD 1.18 billion The increasing adoption of machinery in the agriculture sector, paired with favorable government subsidies to purchase agricultural equipment, including agricultural sprayers, is positively influencing the market growth.
The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.
August 2023: American Spring & Pressing Works Pvt. Ltd., an Indian agricultural equipment manufacturer, opened a brand new manufacturing plant in Balwada, Gujarat, committed to growing greater state-of-the-art and low in cost agriculture sprayers, dusters, and other gadget for the betterment of agriculture sports.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2017-2030
Base Year 2022
Estimated Year 2023
Forecast Period 2023-2030
Historical Period 2017-2021
Growth Rate CAGR of 6.27% from 2023 to 2030
Unit Value (USD Billion)
Segmentation By Product Type
Self-propelled
Tractor Mounted
Trailed
Handheld
Aerial
By Power Source
Fuel-based
Electric & Battery-driven
Solar
Manual
By Nozzle Type
Hydraulic Nozzle
Gaseous Nozzle
Centrifugal Nozzle
Thermal Nozzle
By Capacity
Ultra-low
Low
High
By Usage
Field Sprayers
Orchards Sprayers
Garden Sprayers
Geography
North America (By Product Type, Power Source, Nozzle Type, Capacity, Usage, By Country)
U.S.
Canada
Mexico
Europe (By Product Type, Power Source, Nozzle Type, Capacity, Usage, and Country)
Germany
U.K.
Spain
France
Italy
Rest of Europe
Asia Pacific (By Product Type, Power Source, Nozzle Type, Capacity, Usage, and Country)
China
Japan
Australia
India
Rest of Asia Pacific
South America (By Product Type, Power Source, Nozzle Type, Capacity, Usage, and Country)
Brazil
Argentina
Rest of South America
Middle East and Africa (By Product Type, Power Source, By Nozzle Type, Capacity, Usage, and Country)
South Africa
Saudi Arabia
Rest of the ME&A
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