(MENAFN- Ameliorate Digital Consultancy)
The global agricultural sprayers market was valued at around US$ 1.8 Bn in 2020, which amounts to close to 1.6% share of the overall agricultural equipment market. Sales of agricultural sprayers are projected to accelerate at a healthy CAGR of 6% to top US$ 3.2 Bn by 2031.
Furthermore, in the absence of robust or utilitarian alternatives, the demand within the global Agricultural Sprayers market is projected to reach new heights of recognition. It is worthwhile to mention that the global Agricultural Sprayers market is treading along a lucrative pathway due to favorable government legislation.
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The COVID-19 epidemic has altered narratives about development and progress in a number of important industries. As a result, supply chain disruptions and problems with procurement are other disadvantages that the market for Agricultural Sprayers must contend with. Market participants might spend the next quarter investing in new technology to recover from the pandemic's shocks.
Market Players:
AGCO Corporation AMAZONE H. Dreyer GmbH & Co. KG Andreas Stihl AG & Company KG ASPEE Agro Equipment Pvt Ltd BGROUP SPA Bucher Industries AG CNH Industrial N.V. Deere & Company Demco Manufacturing Co. EXEL Industries SA GUSS Automation, LLC GVM Incorporated HARDI INTERNATIONAL A/S
Growth Drivers of the Agricultural Sprayers Industry:
The increasing demand for food, which is driving the growth of the agricultural sector, is expected to propel the growth of the agricultural sprayer market. The rising trend of mechanization and automation in the agricultural sector is expected to drive the growth of the agricultural sprayer market. The increasing demand for precision agriculture is expected to drive the growth of the agricultural sprayer market. The increasing demand for advanced and efficient agricultural spraying technologies is expected to drive the growth of the agricultural sprayer market. The increasing use of agricultural sprayers for crop management and pest control is expected to drive the growth of the agricultural sprayer market.
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Key Market Segments Covered in Agricultural Sprayers Industry Research
Product Type Handheld Self-propelled Sprayers Low HP Medium HP High HP Tractor-mounted Trailed Aerial Agriculture Sprayers Others Driverless Technically Advanced Faster Sprayers Modern Sprayers Autonomous Sprayers Autonomous Crop Sprayers Autonomous Orchard Sprayers
Capacity Ultra-low Volume Low Volume High Volume
Power Source Manual Battery-operated Fuel-operated Solar Electric
Nozzle Type Hydraulic Nozzle Gaseous Nozzle Centrifugal Nozzle Thermal Nozzle
Usage Field Sprayers Orchard Sprayers Gardening Sprayers
The study further identifies major manufacturing trends, technologies that will be commercialized
Major manufacturing trends in end-use industries New technologies employed in various application areas Major economic shocks such as the recent COVID-19 pandemic Country markets that will emerge as to be a hotbed of opportunities Regulatory frameworks that will shape the strategies of key players in key regions in the Agricultural Sprayers market Key technology trends and the likely rate of commercialization of novel technologies in key industries and allied industries
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