Technological Advancements Cultivate a Projected US$ 5,499.5 Million Global Agricultural Sprayers Market by 2033 – Insights by Future Market Insights
According to Future Market Insights, the global agricultural sprayers market is set to be valued at US$ 3,106.1 million in 2023 and further expand at 5.9% CAGR during the assessment period. Overall sales of agricultural sprayers are projected to total US$ 5,499.5 million by the end of 2033.
Growing consumer demand for food items and the move towards
farm mechanization are the two main reasons propelling the global market for
agricultural sprayers.
The most important spraying equipment for applying various
pesticides to plants or crops is the agricultural sprayer. This machinery aids
farmers in increasing agricultural yields and protecting their crops from
insects and pests.
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Growing usage of various types of sprayers for applying
chemicals such as pesticides, herbicides, and fertilizers to crops and plants
is expected to boost agricultural sprayers sales during the projection period.
In recent years, aerial spraying technology is seen to be
one of the most significant advancements in plant protection engineering and
agricultural spraying due to its numerous advantages over traditional ground
sprayers.
Similarly, development and popularity of innovative
agricultural equipment such as unmanned aerial vehicles and portable power
sprayers will aid in the expansion of the global market during the projection
period.
The use of UAVs for aerial spraying has sparked a great deal
of interest globally. Unmanned aerial vehicles (UAVs) are therefore now
recognized as the most cutting-edge spraying technology that is beneficial
for efficient and precise spraying. Unmanned aerial sprayers may help reduce
the harmful effects that pesticides have on people and the environment when
they are applied to crops at the farm level.
UAV sprayers use GPS, 4G, or 5G network technology to plan
the best route to the target region, which gives the drone the best path to
apply a precise quantity of pesticides to the plants. This decreases spray
drift, saves pesticide application amount, and produces high-accuracy outcomes.
Older UAV sprayers had very big wings, which caused greater
off-target spray deposition and increased downwash pressure with high-air
guests. This made them difficult to handle, carry, and land. These sorts of
sprayers were only employed in broad field crops because of their vast size, which
prevented them from being utilized in trees and orchards.
Diverse technologies, including drones and autonomous
sprayers, are presenting a significant and attractive potential for the
expansion of the market for agricultural sprayers.
“Escalating demand for technologically advanced
agricultural equipment is expected to play a key role in expanding the global
agricultural sprayers market during the next ten years,” said
an analyst at FMI.
Key Takeaways from Agricultural Sprayers Market Study
- The
global market of agricultural sprayers is forecast to expand at 5.9% CAGR
during the forecast period.
- By
type, self-propelled sprayers segment is estimated to create an
incremental $ opportunity of about US$ 795.1 million during the forecast
period.
- Based
on power source, fuel-based agricultural sprayers segment is expected to
reach US$ 3460.5 million by 2033 while the solar segment is set to expand
at 6.4% CAGR.
- By
farm size, medium segment is forecast to expand at 6.1% CAGR during the
assessment period.
- South
Asia and Pacific and East Asia are expected to cumulatively hold around
55.6% of the total market share.
- China
is a prominent consumer of agricultural sprayers with an estimated volume
of 375,621 Units in 2023.
- The
USA agricultural sprayers market is forecast to accelerate at 4.9% CAGR
through 2033.
Key Companies Profiled:
- AGCO
Corporation
- Bucher
Industries AG
- Buhler
Industries Inc. (Rostselmash)
- CNH
Industrial N.V.
- Deere
and Company
- EXEL
Industries
- Jacto
Inc.
- KUBOTA
Corporation
- Mahindra
and Mahindra Limited
- STIHL
- Yamaha
Motor Co., Ltd.
- Crystal
Crop Protection Limited
- Househam
Sprayers Limited
- John
Rhodes AS Limited
- Boston
Crop Sprayers Limited
- Avison
Sprayers
- ASPEE
India
- Taizhou
Sunny Crop Machinery Co., Ltd.
- Zhejiang
Ousen Machinery Co. Ltd.
- Foggers
India Pvt. Ltd.
New product launches with enhanced features such as
user-friendly nature, partnerships, collaborations, partnerships, acquisitions,
mergers, and facility expansions are key strategies employed by companies to
expand their customer base.
More Insights into the Agricultural Sprayers Market
Report
In its latest report, Future Market Insights offers an
unbiased analysis of the Global Agricultural Sprayers market, providing
historical data from 2018 to 2022 and forecast statistics for the period 2023
to 2033. To understand the Global market potential, growth, and scope, the
market is segmented based on type, farm size, nozzle type, power source,
capacity, crop type, usage, and regions.
Agricultural Sprayer Industry Segmentation
By Type:
- Handheld
- Self-Propelled
- Low
HP
- Medium
HP
- High
HP
- Tractor
Mounted
- Trailed
- Aerial
By Farm Size:
- Large
- Medium
- Small
By Nozzle Type:
- Hydraulic
- Gaseous
- Centrifugal
- Thermal
By Power Source:
- Fuel
Based
- Electric
and Battery Driven
- Solar
- Manual
By Capacity:
- Ultra-Low
Volume
- Low
Volume
- High
Volume
By Crop Type:
- Cereals
- Corn
- Wheat
- Rice
- Other
Cereals and Grains
- Oilseeds
- Soybean
- Rapeseed/Canola
- Sunflower
and Cottonseed
- Other
Oilseeds
- Fruits
and Vegetables
- Other
Crop Types
By Usage:
- Field
Sprayers
- Orchard
Sprayers
- Gardening
Sprayers
By Region:
- North
America
- Latin
America
- Western
Europe
- Eastern
Europe
- Russia
and Belarus
- Balkan
and Baltics
- Central
Asia
- South
Asia Pacific
- East
Asia
- Middle
East and Africa
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