Global Agricultural Sprayers Market to Be Worth US$2.9 Billion by 2027
The global market for Agricultural Sprayers is projected to reach US$2.9 billion by 2025, driven by growing food security concerns and the ensuing focus shed on yields and crop productivity.
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Agricultural Sprayers market. Report segmentation includes Crop (Cereals, Oilseeds, Fruits & Vegetables, Other Crops); Farm Size (Small, Medium, Large); Type (Handheld, Self-Propelled, Tractor-Mounted, Trailed, Aerial)).
10 June 3:28 A.M., California/Marketwire/ - According to the new market research report, the global market for Agricultural Sprayers is projected to reach US$2.9 billion by 2025, driven by growing food security concerns and the ensuing focus shed on yields and crop productivity. Sprayers are essential piece of farm equipment that plays a key role in influencing effective crop production. Defined as implements used on farms to spray pesticides, herbicides, fungicides, defoliants and water, agricultural sprayers are ubiquitous farm equipment. Machine-operated sprayers are growing in popularity against the backdrop of the strong emphasis laid on mechanization. Given that the most important goal in agriculture is ensuring uniform distribution of fertilizers and pesticides throughout the crop foliage, there is significant R&D activity focused on developing innovative sprayers that save time, manual labor, and achieve consistent spray coverage with as little chemicals as possible. Given the growing environmental and health concerns associated with pesticides, overdosing or overspraying is emerging into an expensive mistake for farmers resulting in pesticide wastages, aggravation of the risk of groundwater contamination and increased pesticide residues on crops over the permissible limit.
The scenario therefore offers strong opportunities for innovative sprayers especially as "Agriculture 4.0" hits major countries worldwide. Poised to benefit in this regard is the adoption of crop spraying drones, also known as, agri-copter. Key benefits offered by these drones include significantly reduction the amount of pesticides and insecticides used; elimination of overspray; reduced concerns over toxic pesticide residues in crops; efficiency and safety over and above traditional, outdated and haphazard crop dusting; tailored and precision administration of weed killers in a manner that prevents herbicide resistance; eliminates human health hazard associated with back-pack sprayers; ability to reach remote areas of farmlands inaccessible to tractors and farmers; sensor-enabled drones measure fertilizers to be sprayed in real-time based on soil and crop health.
Other major trend influencing growth in the market include growing need to improve farm efficiency and productivity; growing farm sizes and increase in corporate farming; shortage of labor and rising farmworker wages; growing agricultural trade; rising popularity of multi-rotor drones; among others.
Key Competitors Covered in the Report
AMAZONE H. Dreyer GmbH & Co. KG
Andreas Stihl AG & Company KG
ASPEE Agro Equipment Pvt Ltd
BGROUP SPA, Bucher Industries AG
CNH Industrial N.V.
Deere & Company
Demco Manufacturing Co.
EXEL Industries SA
HARDI INTERNATIONAL A/S
GUSS Automation, LLC
Hockley International Limited
Maquinas Agricolas Jacto S.A.
Mahindra & Mahindra Ltd.
Reddick Equipment Company of NC, LLC
SZ DJI Technology Co., Ltd.
Yamaha Motor Corporation, USA
Geographies Analyzed in the Report
Europe (France, Germany, Italy, United Kingdom, Spain, Russia, and Rest of Europe)
Asia-Pacific (Australia, India, South Korea, and Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico, and Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, United Arab Emirates, and Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 1882. Among this pool, 339 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 73 unique participations, a total of 33 validated responses were received as part of this report's primary research outreach program. We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
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