Agricultural Sprayers Market by Type, Capacity, Farm Size, Crop Type, Power Source and Region - Global Forecast to 2027 - ResearchAndMarkets.com

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Aug 19, 2022 06:25 am
DUBLIN -- 

The "Global 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 - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The global Agricultural sprayers is estimated at USD 2.5 Billion in 2022. It is projected to reach USD 3.5 Billion by 2027, recording a CAGR of 6.8% during the forecast period.

Farming equipment are essential to enhance crop yield and cut down the labor cost. Over the past few years, Agricultural sprayers have become important for farmers or growers for spraying fertilizers, herbicides, and pesticides during the harvest time as per the need.

Technological developments permit farmers to apply chemicals in an effective manner. Therefore, the market for agricultural sprayers has gained a momentum because change in farming techniques and technological adoption. Furthermore, growing importance on farm efficiency and productivity, increasing production of cereals & grains in Asian countries, and government support toward modern agricultural methodologies are some of the important factors driving the agricultural sprayers market growth.

Asia Pacific is projected to witness the growth of 7.5% during the forecast period

In developing economies, the markets for agri-food products are rapidly changing, becoming increasingly open and homogenized toward international standards. Countries in Asia Pacific such as India, Australia, Japan, and others are traditional agricultural countries. These countries are adopting modern farming techniques and equipment such as tractor mounted sprayers along with new distribution channels are fueling the agricultural sprayers market in the Asia-Pacific region.

Self-propelled agricultural sprayers dominate the market with 38.6% of total market share in value

One of the most used types of sprayers, self-propelled sprayers are easy to use and offers great flexibility in terms of nozzle types and height adjustment. Self-propelled sprayers are utilized to attain the large-scale productivity demand of crops. Self-propelled sprayers are attached with a selectable tank size, which can be increased or decreased depending on the farm size. The growing demand for wide coverage equipment on farms is anticipated to drive the self-propelled agricultural sprayers in near future.

Growing application of aerial sprayers in large-sized farms to drive the market growth

larger farms that can afford to invest in large machinery can respond to soil moisture opportunities better by undertaking tillage and planting operations promptly. Handheld sprayers work with low pressures. This low pressure makes them slow and inefficient enough to use on large farms.

Therefore, large-scale farmers and farming cooperation's prefer aerial sprayers. These sprayers easily manage to spray on large farm surfaces with minimal effort. Additionally, manufacturers are introducing various aerial sprayers to effectively manage the crop yield of farmers with large-size farms. In December 2021, China-based one of the key players in drone and camera technology Da-Jiang Innovation (DJI) unveiled agriculture drone DJI AGRAS T20 that offers enhanced spraying system for greater crop efficacy

Market Dynamics

Drivers

  • Increasing Focus on Farm Efficiency and Productivity
  • Increase in Farm Size
  • Government Support for Modern Agricultural Techniques
  • Increase in Mechanization of Agricultural Activities

Restraints

  • High Capital Investments in Modern Agricultural Equipment

Opportunities

  • Growth in Precision and Other Modern Farming Practices
  • Growth of Agriculture in Developing Economies

Challenges

  • Risks Associated with Spray Drift

Companies Mentioned

  • 3Thi Robotics Private Limited
  • AG Spray Equipment, Inc.
  • Agco Corporation
  • Agro Chem Inc.
  • Amazonen-Werke
  • American Spring & Pressing Works Pvt. Ltd.
  • Bgroup S.P.A
  • Bucher Industries Ag
  • Buhler Industries Inc.
  • Case Ih
  • Cnh Industrial N.V.
  • Dji
  • Equipment Technologies
  • Exel Industries
  • Fusite Co. Ltd.
  • Ganpathy Agro Industries
  • H & H Farm Machine Co.
  • H.D. Hudson Manufacturing Co.
  • Hylio
  • John Deere
  • Kubota Corporation
  • Mahindra & Mahindra Ltd.
  • Neptune Sprayers
  • Stihl
  • Yamaha Motor Corporation

For more information about this report visit https://www.researchandmarkets.com/r/pkkwew

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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