Researchstore.biz launched a study titled “Global Agricultural Sprayers Market by Type (Electric, Fuel Based, And Handheld Sprayers), Capacity (Ultra-Low Volume Sprayers, Low Volume Sprayers, And High Volume Sprayers), Farm Size (Large, Medium, And Small), Power Source(Solar, Manual, Fuel-Based, And Electric & Battery-Driven), Crop Type (Oilseeds, Fruits & Vegetables, Cereals, And Others), Technology (Hydraulic Nozzle Spray Technology, Air-Assisted Electrostatic Spray Technology, Variable Rate Technology, And Others), Region (North America, Europe, Asia Pacific, South America and Middle East and Africa)” and Global Forecast 2018-2025.
The global agricultural sprayers market is expected to grow from USD 1.83 Billion in 2017 to USD 2.79 Billion by 2025 at a CAGR of 8.13% during the forecast period from 2018-2025. Major drivers that fuel the growth of agricultural sprayers market are:
- Technological developments in spraying equipment
- Subsidy programmes by government
- Changing farming trends
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Sprayers are essential for farm operators for spraying pesticides, herbicides, and fertilizers as per the requirements. These sprayers liquid based chemicals that are sprayed on the plants. The spraying on plants periodically helps in the improving the growth as well as the productivity of plants. The farmers are using agriculture sprayers to increase efficiency and productivity which led to the increases the income. The advancements in spraying technologies is being adopted in agriculture such as spraying using drones and machines. The different type of spray materials such as pre-emergent and post emergence herbicides, insecticides and fungicides are being used for the agriculture spraying. These spraying can be done either self-propelled, hand-operated, or power take-off (PTO) driven.
Technological developments in spraying equipment are anticipated to drive agricultural sprayers market:
Technological developments in spraying equipment and changing farming trends are the key driving factors for the agricultural sprayers market. In addition, subsidy programmes by the government will lead the growth of agricultural sprayers market in a couple of years. Lack of technical knowledge and skill may limit the growth of market. However, increasing need for new solutions for the agriculture sprays is expected to boost the agricultural sprayers market over the forecast period.
The global agricultural sprayers market is segmented on the basis of type (electric, fuel based, and handheld sprayers), capacity, farm size, power source, crop type, technology, and regions.
Type segment includes electric, fuel based, and handheld sprayers. Fuel-based segment is anticipated to grow with highest CAGR over the forecast period. The launching of new product and technologies for agriculture sprays is the key factor to drive the demand of type segment.
High volume segment is expected to grow with highest CAGR of 10.19% over the forecast period
Capacity segment is divided into ultra-low volume sprayers, low volume sprayers, and high volume sprayers. High volume sprayers is playing a chief role in shaping business growth and acting as catalyst for agriculture modernization. With the help of agricultural sprayers, the agriculture cultivation becomes easy.
Medium segment held the largest market share of 30.27% in 2017.
Farm size segment covers large, medium, and small size. Medium segment is anticipated to grow with highest CAGR as agricultural sprayers are used mostly to have large income within medium farm size.
Electric & battery-driven segment held the largest market share of 29.46% in 2017.
Power source segment covers solar, manual, fuel-based, and electric & battery-driven. The electric & battery-driven segment is anticipated to grow with highest CAGR as it offers power backup time that helps to have uninterrupted spraying for agriculture even in lack of solar, fuel, or manpower.
Regional Segmentation Analysis:
The market is analysed on the basis of five regions namely North America, Europe, Asia Pacific, South America, and Middle East and Africa. Asia Pacific held the largest market share of approximately 30.1% in 2017. Increase in agricultural practices, use of advanced technological farm equipment, presence of major players and the technological advancements were some of the factors that led to the growth of agricultural sprayers market in this region.
The major players of Agricultural Sprayers market include John Deere, CNH Industrial, EXEL Industries, Bucher Industries, Mahindra & Mahindra, STIHL, AGCO Corporation, Kubota, Yamaha, BGroup S.p.A., Amazonen-Werke, DJI, PLA Group, ASPEE, S & K sprayers, Avison Sprayers, Crystal Crop Protection Pvt Ltd, Zhejiang Ousen Machinery Co., Ltd, Taizhou Sunny Agricultural Machinery Co., Ltd., Foggers India Pvt ltd., Teejet Technologies, HD Hudson, Usha International, and Hockley International.
Agricultural sprayers market is segmented into the following submarkets:
Agricultural Sprayers Market by Type:
- Fuel Based
- Handheld Sprayers
Agricultural Sprayers Market by Capacity:
- Ultra-Low Volume Sprayers(less than 500 litres/hectare)
- High Volume Sprayers(More than 400 litres/ hectare)
- Low Volume Sprayers (5 to 400 litres/hectare)
Agricultural Sprayers Market by Mode of Farm Size:
Agricultural Sprayers Market by Power Source:
- Electric & Battery-Driven
Agricultural Sprayers Market by Crop Type:
- Fruits & Vegetables
- Floriculture Crops
- Permanent Crops
- Turf & Ornamentals
- Other Cultivations
Agricultural Sprayers Market by Technology:
- Hydraulic Nozzle Spray Technology
- Air-Assisted Electrostatic Spray Technology
- Variable Rate Technology (VRT)
- Controlled Droplet Application (CDA)
- Ultra-Low Volume Spraying Technology (ULV)
- Targeted Dispense Technology
- Other Sensor-Based Technologies
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Agricultural Sprayers Market by Regions:
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of South America
MIDDLE EAST AND AFRICA
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
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