Crop Sprayer Market: Huge Demand and Future Scope for Revenue by...

Crop Sprayer Market: Huge Demand and Future Scope for Revenue by 2030

Posted 2023-02-28 09:15:40

Crop Sprayer Market Overview

The worldwide crop sprayer market is expected to rise at a CAGR of 4.44%, with a value of USD 4,977 million during the projected 2022-2030. Crop sprayers are devices that are used in the agricultural sector. The device is used to spray pesticides and insecticides on the crops to limit the attack of the pests. They are used for this and used in crop improvement by spraying the herbicides to provide micronutrients to the plants. The continuous growth in the agriculture sector, increasing need for food, government initiatives and less human labour are influencing the market for further growth. Improvement in productivity in the agricultural sectors generates a considerable market share globally.

The increases in production due to the advanced technology reduced work time, which resulted in the good quality of the crops, boosting the Crop Sprayer Market size. However, the market also consists of some restrains like less awareness among farmers about the advanced technology and lack of knowledge about the process and tools. The pandemic affected the Crop Sprayer Market due to the virus spread; several markets stopped their productions, and disruption in the supply chain in most countries led to a limit in production less labour, which affected the market. Several key players are investing in the growth market. Despite all the hurdles, the Crop Sprayer Market will improve its market condition and rise to the height of growth.

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Top Key Players -

Chafer Machinery Ltd (UK), Zhejiang Ousen Machinery Co., Ltd. (China), CNH Industrial (UK), Bucher Industries (Switzerland), Deere & Company (US), Taizhou Sunny Agricultural Machinery Co., Ltd (China), Exel Industries (France), STIHL Holding AG & Co. KG (Germany), Hymatic Agro Equipment Pvt. Ltd (India), and ASPEE Group (India)

Market segmentation

The Crop Sprayer Market is segmented by-product and capacity. The market is bifurcated into handheld, fuel-based, and electric based on the segment product. The fuel-based segment held the largest market in 2018 and is expected to register the largest growth rate in the forecast period. The fuel-based crop sprayers are run using conventional fuel like diesel, petrol and gasoline.

The fuel-based sprayers require more fuel as they exhaust carbon dioxide, which is harmful to the environment and could hinder market growth. The market is segregated into low-volume sprayers, high-volume sprayers,ultra-low-volume sprayers. The high volume sprayer registered the largest market share and is expected to showcase a high growth rate in the future. High-volume sprayers help prepare the mixture in the desired quantity of pesticides.

Regional analysis

The Crop Sprayer Market is studied in Europe, North America, Asia Pacific and other parts of the world. The presence of a huge number of vendors and growing farm size in the region increases the region’s market value. The high demand for self-propelled sprayers and sprayers containing large nozzles and booms for agricultural activities also acts as a growth factor for the European region.

The increasing irrigation crops, fruits, vegetables, cereals and sugar and large scale production with innovative mechanisms enables the market for further growth. The production of chickpea, maize, lentils, etc., also helps propel market growth. In 2018, china held the largest market share and was expected to grow in the forecast period pushing the market forward.

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Industry news

Vandersat extracted variables like soil moisture, land surface temperature, and information about biomass from satellite data.

Table Of Contents

1 Introduction

1.1 Definition 14

1.2 Scope Of The Study 14

1.3 Assumptions 14

1.4 Market Structure 15

2 Research Methodology

2.1 Research Process 16

2.2 Primary Research 16