Agricultural Sprayers Market Size, Share, and Growth Forecast

The global agricultural sprayers market was valued at USD 3.20 billion in 2022 and is projected to increase from USD 3.38 billion in 2023 to USD 5.18 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.27% from 2023 to 2030.

Agricultural sprayers are essential tools used for applying liquid substances such as insecticides, fertilizers, herbicides, and pesticides to plants or crops. The growing need for pest-control equipment among farmers and the rising interest of younger generations in agricultural activities are driving demand for agricultural sprayers.

These insights are detailed in the study by Fortune Business Insights, titled “Agricultural Sprayers Market, 2023–2030.”

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Segments:

Surging Need to Decrease Cost of Agricultural Production to Propel Self-propelled Segment Growth

By product type, the market is categorized into self-propelled, tractor-mounted, trailed, handheld, and aerial. The self-propelled segment is set to register the largest agricultural sprayers market share as the increased preference for self-propelled sprayers among farmers decreases the cost of agricultural production.

Increasing Adoption of Electric & Battery-driven Sprayers due to their Lower Operational Expenses to Fuel Segment Growth

Based on the power source, the market is segregated into fuel-based, electric & battery-driven, solar, and manual. The electric & battery-driven segment is predicted to rise at a higher growth rate during the forecast period. Increasing adoption of electric & battery-driven sprayers over fuel and solar-based sprayers due to their lower operational expenses and easy maintenance factors is boosting segment growth.

Increasing Need for Hydraulic Nozzles to Regulate Constant Pressure Augments Segment Growth

The market is divided into four categories based on the kind of nozzle: thermal, gaseous, centrifugal, and hydraulic. It is anticipated that the segment with the biggest share of the market would be hydraulic nozzles. The segment is growing as a result of the growing requirement for hydraulic nozzles to maintain consistent pressure and distribute sprays evenly on plants.

Rapid Adoption of High-volume Sprayers to Decrease Cost, Time, and Labor to Foster Segment Growth

In terms of capacity, the market is divided into high, low and ultra-low. The high-volume segment growth is driven by increasing its adoption by field crop producers to decrease the cost, time, and labor. High-volume sprayers are generally mounted on tractors or trucks.

Increasing Need for Field Sprayers for Larger Cultivation Areas to Boost Segment Growth

By usage, the market is segmented into field sprayers, orchards sprayers, and garden sprayers. The field sprayers segment is expected to lead the global market. The segment’s growth is driven by the increasing need for field sprayers for larger cultivation areas for field crops.

From the regional ground, the market is segmented into North America, South America, Europe, the Middle East & Africa, and Asia Pacific.

Report Coverage

The market research study offers a comprehensive overview of the agricultural sprayers sector, focusing on key aspects such as the competitive landscape and popular product categories. It also provides an insightful analysis of major market trends and industry developments. Additionally, the study examines various factors that have driven recent growth in the industry.

Drivers and Restraints

Increasing Investments in Cutting-Edge Farming Methods to Drive Market Expansion

To enhance sustainability and address labor shortages while reducing operating costs, farmers are anticipated to invest in advanced farming techniques and technology, boosting the demand for agricultural sprayers in the coming years. Leading companies are incorporating next-generation technologies, such as robotics, sensors, and analytics, into their sprayers, further driving market growth.

However, the high upfront costs associated with agricultural sprayers may pose a challenge to sales.

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Regional Insights

Increasing Investments in Cutting-Edge Farming Methods to Drive Market Expansion

To boost sustainability and reduce operating costs in the face of labor shortages, farmers are expected to invest in advanced farming techniques and technologies, resulting in increased demand for agricultural sprayers. Leading companies are integrating next-generation technologies such as robotics, sensors, and analytics into their new machines, which is driving market expansion.

However, the high initial costs of agricultural sprayers present a challenge to sales.

Competitive Landscape

To drive market progress, major players are increasing their investments in new product development.

Notable companies in the global agricultural sprayers market include Deere & Company, Amazonen-Werke, Boston Crop Sprayers Ltd., and EXEL Industries. These industry players are investing heavily in developing cost-effective products that incorporate advanced technologies.

Key Industry Development

• May 2022: Massey Ferguson Limited, a Canadian-British manufacturer of agricultural equipment, unveiled the Massey Ferguson® 500R Series sprayers, which provide farmers in North America with simple, dependable, and easily accessible application options.

Major Players Profiled in the Report:

• AG Spray Equipment Inc., (U.S.)
• Amazone H. Dreyer GmbH & Co. KG (Germany)
• Bucher Industries AG (Switzerland)
• CNH Industrial N.V. (U.K.)
• Deere & Company (U.S.)
• Exel Industries SA (France)
• H&H Farm Machine Co. (U.S.)
• KisanKraft Limited (India)
• Kubota Corporation (Japan)
• STIHL (Germany)

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