Crop Sprayer Market: Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation by Product, Capacity, and Region
Crop Sprayer Market was valued at USD 3.17 billion in 2023. Global Crop Sprayer Market size is estimated to grow at a CAGR of 6.7 % over the forecast period
Format : PDF | Report ID : SMR_880
Crop Sprayer Market Definition:
Farmers use crop sprayers to quickly and efficiently apply liquid chemicals such as fertilizers, herbicides, and insecticides that contain acids or acidic compounds for plants or soil to improve crop performance and manage pests. They are also used to project water, weed killers, crop growth materials, and pest management chemicals. Nowadays they are available in a variety of sizes and configurations, varying from portable sprayers having spray guns to sophisticated atomizers or self-propelled units, as well as trailed or mounted sprayers attached to a tractor.
Further, the Crop Sprayer market is segmented by Product, Capacity, and geography. On the basis of Product, the Crop Sprayer market is segmented under Fuel-based, Electric and Handheld. Based on the Capacity Sprayer market is segmented under the High-volume sprayers, Low-volume sprayers and Ultra-low-volume sprayers. By geography, the market covers the following Regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).
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Crop Sprayer Market Dynamics:
Market Drivers:
Use of advanced technology: The introduction of innovative technology into the agricultural sector has accelerated the development of advanced crop sprayers. The adoption of next-generation technology is fuelling new trends in the Crop Sprayer market for innovative agricultural sprayers and spray pumps. Young farmers’ preferences are evolving away from conventional farming practices and toward new-edge farming technology, fuelling demand for solar Crop sprayers and easy Crop sprayer pumps. These factors are driving the growth of the Crop Sprayer Market.
Increased production of grains and cereals: People are becoming more health-conscious and shifting towards more consumption of grains and cereals. These are a good source of carbohydrates, proteins, vitamins, and other nutrients. Sprayers are used to apply chemicals to grain and cereal crops to protect them against insect pests, weeds, and fungal diseases as they grow. This is an important driver of the Crop Sprayer Market.
With a growing population and decreasing arable land, the emphasis is now on employing advanced agricultural technologies such as crop sprayers to improve crop output. As food security concerns develop, governments through the world launch a variety of measures to encourage modern agricultural methods that lead to the growth of the Crop Sprayer Market.
Market Restraints:
Need for high investment for advanced technology: The high capital expenditure required for technologically sophisticated crop sprayers, like aerial and self-propelled sprayers, limits the client base, consequently limiting the Crop sprayers market’s development. Falling sales and lesser penetration in developing nations due to a lack of technical experience and finance will limit the growth of the crop sprayer market in the next years. This is restraining the Crop Sprayer Market.
Market Opportunities:
Implementation of various improved technologies: Various technologies, such as agriculture drones and autonomous sprayers, provide significant and appealing prospects for the crop sprayers market to grow. To offer information to farmers, a drone employs cutting-edge technologies like an accelerometer sensor, GPS modules, fast CPUs, and digital radios. This will be a great opportunity for Crop Sprayer Market.
Market Trends: In August 2020, Yamaha Motor Co., Ltd., the parent organization of Yamaha Motor Corporation in the U. S., announced the start of pesticide spraying services in Thailand, utilizing Yamaha Motor’s FAZER R autonomous industrial helicopter. The product will be developed by Siam Yamaha Motor Robotics Co., Ltd., a joint venture (SYMR). With the introduction of this product, the firm will be able to meet the rising need for enhanced pest management in agriculture, and also high-quality spraying solutions.
Crop Sprayer Market COVID-19 Analysis:
The COVID-19 epidemic interrupted output at numerous crop sprayer manufacturers and disrupted the crop sprayer supply chain. The shutdown of industrial facilities restricted the production of new sprayer units. Previously, there was a large market for crop sprayers in big industrial countries such as the United States, Germany, Italy, the United Kingdom, and China, which were badly damaged by the outbreak of coronavirus, stopping the demand for associated equipment and technology.
With the reduction in COVID-19 infection cases, prominent crop sprayer manufacturers began reopening their manufacturing operations after taking all essential safeguards, such as frequent temperature checks, wearing PPE gear, hiring a limited number of employees, and establishing new ways of working.
Crop Sprayer Market Segment Analysis:
By Product, the Fuel-based Crop Sprayer segment dominated the Cro Sprayer Market with 41% share in 2023. Crop sprayers are powered by conventional fuels such as gasoline, diesel, and petrol. The sprayer is made up of an inbuilt or exterior spraying container, a high-pressure piston pump driven by a gasoline engine, a pressure monitoring valve, and a hose. Fuel-based crop sprayers use expensive fuel and emit carbon dioxide as a waste that harms the environment. These factors are projected to have an impact on crop sprayer demand in the market in the forecast period.
By Capacity, the High-volume Crop Sprayer segment dominated the Crop Sprayer Market with 47% share in 2023. High-volume sprayers often apply solutions made by combining water and the right amount of chemicals. Hydraulic nozzles are used to spray this diluted mixture. High-volume sprayers can handle more than 400 litres of liquid per acre. It can cover more area as compared to the other two sprayers.
Crop Sprayer Market Regional Insights:
Asia Pacific region dominated the Crop Sprayer Market with 37% share in 2023. This is because farming is a significant occupation in the majority of the region’s countries. Because the GDP of Asian countries is majorly contributed by the agriculture sector, expectations for sales of high-tech agricultural equipment in the area remain bright. Because agriculture contributes considerably to the GDP of Asian countries, expectations for sales of high-tech agricultural gear in the area remain bright.
Europe region is the second top region in the Crop Sprayer Market in 2023 and is expected to have 4.9% CAGR during the forecast period. The key drivers fuelling the market growth in Europe are rising agricultural land sizes and the presence of a large number of manufacturers. Other factors driving market growth in the Europe region include growing demands for self-propelled crop sprayers as well as sprayers with big booms and nozzles used for agricultural purposes.
Crop Sprayer Market Key Players Insights:
The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market’s major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the global market, key players in the market, particularly in North America and Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of the Global Crop Sprayer market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Crop Sprayer market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Crop Sprayer Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Global Crop Sprayer market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Crop Sprayer market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Global Crop Sprayer market.
The report provides Porter’s Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Global Crop Sprayer market. The report also analyses if the Global Crop Sprayer market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Crop Sprayer market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Crop Sprayer market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Crop Sprayer market is aided by legal factors.
Crop Sprayer Market Scope:
Crop Sprayer Market |
|
Market Size in 2023 |
USD 3.17 Bn. |
Market Size in 2030 |
USD 5.00 Bn. |
CAGR (2024-2030) |
6.7% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
by Technology
|
by Offering
|
|
By Vehicle Type
|
|
Regional Scope |
North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Crop Sprayer Market Key Players:
- AGCO Corporation (U.S.)
- AMAZONE H. Dreyer GmbH & Co. KG (Germany)
- Andreas Stihl AG & Company KG (Germany)
- ASPEE Agro Equipment Pvt Ltd (India)
- BGROUP SPA (Italy)
- Bucher Industries AG (Switzerland)
- CNH Industrial N.V. (UK)
- Deere & Company (U.S.)
- Demco Manufacturing Co. (U.S.)
- EXEL Industries SA (France)
- GUSS Automation, LLC (U.S.)
- GVM Incorporated (U.S.)
- Hardi International A/S (Denmark)
Regional Breakdown:
North America Crop Sprayer Market - Industry Analysis and Forecast (2024-2030)
Europe Crop Sprayer Market - Industry Analysis and Forecast (2024-2030)
Frequently Asked Questions
North America region is expected to hold the highest share in the Automotive Safety System Market.
The market size of the Automotive Safety System Market by 2030 is expected to reach USD 5.00 Billion.
The forecast period for the Automotive Safety System Market is 2024-2030.
The market size of the Automotive Safety System Market in 2023 was valued at USD 3.17 Billion.
- Scope of the Report
- Research Methodology
- Research Process
- Global Crop Sprayer Market: Target Audience
- Global Crop Sprayer Market: Primary Research (As per Client Requirement)
- Global Crop Sprayer Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Market Share Analysis by Region in 2023(%)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- Stellar Competition matrix
- Global Stellar Competition Matrix
- North America Stellar Competition Matrix
- Europe Stellar Competition Matrix
- Asia Pacific Stellar Competition Matrix
- South America Stellar Competition Matrix
- Middle East and Africa Stellar Competition Matrix
- Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Market Share Analysis by Region in 2023(%)
- Global Crop Sprayer Market Segmentation
- Global Crop Sprayer Market, by Region (2023-2030)
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- South America
- Global Crop Sprayer Market, by Product (2023-2030)
- Fuel-based
- Electric
- Handheld
- Global Crop Sprayer Market, by Capacity (2023-2030)
- High-volume sprayers
- Low-volume sprayers
- Ultra-low-volume sprayers
- Global Crop Sprayer Market, by Region (2023-2030)
- North America Crop Sprayer Market Segmentation
- North America Crop Sprayer Market, by Product (2023-2030)
- Fuel-based
- Electric
- Handheld
- North America Crop Sprayer Market, by Capacity (2023-2030)
- High-volume sprayers
- Low-volume sprayers
- Ultra-low-volume sprayers
- North America Crop Sprayer Market, by Country (2023-2030)
- United States
- Canada
- Mexico
- North America Crop Sprayer Market, by Product (2023-2030)
- Europe Crop Sprayer Market Segmentation
- Europe Crop Sprayer Market, by Product (2023-2030)
- Europe Crop Sprayer Market, by Capacity (2023-2030)
- Europe Crop Sprayer Market, by Country (2023-2030)
- Asia Pacific Crop Sprayer Market Segmentation
- Asia Pacific Crop Sprayer Market, by Product (2023-2030)
- Asia Pacific Crop Sprayer Market, by Capacity (2023-2030)
- Asia Pacific Crop Sprayer Market, by Country (2023-2030)
- Middle East and Africa Crop Sprayer Market Segmentation
- Middle East and Africa Crop Sprayer Market, by Product (2023-2030)
- Middle East and Africa Crop Sprayer Market, by Capacity (2023-2030)
- Middle East and Africa Crop Sprayer Market, by Country (2023-2030)
- South America Crop Sprayer Market Segmentation
- South America Crop Sprayer Market, by Product (2023-2030)
- South America Crop Sprayer Market, by Capacity (2023-2030)
- South America Crop Sprayer Market, by Country (2023-2030)
- Company Profiles
- Key Players
- AGCO Corporation (U.S.)
- Company Overview
- Product Portfolio
- Financial Overview
- Business Strategy
- Key Developments
- AMAZONE H. Dreyer GmbH & Co. KG (Germany)
- Andreas Stihl AG & Company KG (Germany)
- ASPEE Agro Equipment Pvt Ltd (India)
- BGROUP SPA (Italy)
- Bucher Industries AG (Switzerland)
- CNH Industrial N.V. (UK)
- Deere & Company (U.S.)
- Demco Manufacturing Co. (U.S.)
- EXEL Industries SA (France)
- GUSS Automation, LLC (U.S.)
- GVM Incorporated (U.S.)
- Hardi International A/S (Denmark)
- AGCO Corporation (U.S.)
- Key Players
- Key Findings
- Recommendations