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Agricultural Sprayers Market Will Hit Big Revenues In Future | Key Players are John Deere, CNH Industrial N.V., AGCO Corporation, Bucher Industries AG, EXEL Industries

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Agricultural Sprayers Market Will Hit Big Revenues In Future | Key Players are John Deere, CNH Industrial N.V., AGCO Corporation, Bucher Industries AG, EXEL Industries

December 03
21:06 2020
Agricultural Sprayers Market Will Hit Big Revenues In Future | Key Players are John Deere, CNH Industrial N.V., AGCO Corporation, Bucher Industries AG, EXEL Industries

MarketsandMarkets™
According to MarketsandMarkets, the global agricultural sprayers market size is estimated to be valued at USD 2.2 billion in 2020 and projected to reach USD 3.1 billion by 2025, recording a CAGR of 6.5%

The report “Agricultural Sprayers Market by Type (Self-propelled, Tractor-mounted, Trailed, Handheld, Aerial), Capacity, Farm Size, Crop Type, Power Source (Fuel-based, Electric & Battery-driven, Manual, Solar), and Region – Global Forecast to 2025“, According to MarketsandMarkets, the global agricultural sprayers market size is estimated to be valued at USD 2.2 billion in 2020. It is projected to reach USD 3.1 billion by 2025, recording a CAGR of 6.5% during the forecast period. Agricultural sprayers have become essential for farmers or growers for spraying pesticides, herbicides, and fertilizers in the field pre- and post-harvest as per the requirement. Thus, the market for agricultural sprayers is growing due to extensive changes in farming and spraying technologies.

Agricultural Sprayers Market

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The self-propelled segment is projected to be the fastest-growing, in terms of value, during the forecast period.

Agricultural sprayers are equipment or devices used by farmers to apply fertilizers, herbicides, and pesticides to the crops. They are used to control pests, weeds, and diseases in crop fields. The increasing awareness and adoption of advanced farming techniques, such as electrostatic spray system and VRT, are fueling the growth of the market.

Self-propelled sprayers are used to meet the large-scale productivity demand of crops. The tanks capacity in such sprayers is much higher than other types of sprayers, which increases its spraying time while reducing the traveling time and the filling downtime of the tank.

The medium-sized farm segment is projected to account for a major share in the market during the forecast period

Mid-sized farms range from 100 to 200 hectares of farm size. These farms employ more people per acre than large, industrialized farms. They are more likely to purchase inputs locally, retaining more money in their local economies. Areas with more moderate-sized farms have lower poverty and unemployment rates, higher average household incomes, and greater socioeconomic stability. In mid-size farms, sprayers such as small self-propelled sprayers, tractor-mounted sprayers, and trailed sprayers are used to apply fertilizers, herbicides, and pesticides to the crops.

The fuel-based segment is projected to account for a major share in the market during the forecast period

Owing to technological advancements, the popularity of fuel-based sprayers on large and medium farms and growing demand for large capacity from farmers with large farms are driving the growth for fuel-based sprayers globally.

The Asia Pacific region is projected to account for a major share in the market during the forecast period

This market is also projected to be the fastest-growing during the forecast period. Agriculture is the major occupation in the Asia Pacific region; it has a huge regional presence, including countries like China, India, Australia, Japan, and the Rest of Asia Pacific. Thus, the increasing agricultural practices, use of advanced technological farm equipment, and requirement of high-quality agricultural produce are expected to drive the agricultural sprayers market in this region.

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Key Players:

This report includes a study on the marketing and development strategies and the product portfolios of leading companies. It consists of profiles of leading companies, such as John Deere (US), CNH Industrial N.V. (UK), Kubota Corporation (Japan), Mahindra & Mahindra Ltd. (India), STIHL (Germany), AGCO Corporation (US), Yamaha Motor Corp. (Japan), Bucher Industries AG (Switzerland), EXEL Industries (France), AMAZONEN-Werke (Germany), BGROUP S.p.A. (Italy), Agro Chem Inc. (US), Boston Crop Sprayers Ltd. (UK), H&H Farm Machine Co. (US), Buhler Industries Inc. (Canada), AG Spray Equipment, Inc. (US), and John Rhodes AS Ltd (UK).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Website: https://www.marketsandmarkets.com/Market-Reports/agricultural-sprayers-market-46851524.html


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