(MENAFN- PR Newswire) DUBLIN, March 28, 2024 /PRNewswire/ -- The
"Agricultural Sprayers - Global Strategic Business Report" has been added to
ResearchAndMarkets's offering.
The global market for Agricultural Sprayers estimated at US$2.4 Billion in the year 2023, is projected to reach a revised size of US$3.8 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2023-2030.
Handheld Agricultural Sprayers, one of the segments analyzed in the report, is projected to record 2.2% CAGR and reach US$269.5 Million by the end of the analysis period. Growth in the Self-Propelled Agricultural Sprayers segment is estimated at 6% CAGR for the next 8-year period.
The Agricultural Sprayers market in the U.S. is estimated at US$383.1 Million in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2023 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 3.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Key Market Trends & Drivers
Growing Farm Sizes and Increase in Corporate Farming Necessitates Use of Mechanized Equipment, Fuels Demand for Crop Sprayers With Population Growing and Demand for Food Rising, the Need to Increase Agriculture Production and Yield Drives Demand for Agriculture Sprayers Shortage of Labor and Rising Farmworker Wages Drive Demand for Mechanized Agricultural Sprayers Growing Agricultural Trade Worldwide to Create Major Opportunities for Agricultural Sprayers Vendors Mechanized Farm Tools and Equipment Emerge as Critical Components for Improving Agricultural Efficiency Percentage of Mechanization in Agriculture in Select Countries Rising Importance of Pesticide Spraying to Improve Farm Efficiency Fuels Demand for Sprayers Technology Advancements in Spraying Instrumental in Reducing Use of Pesticides Intense Focus on Increasing Production of Cereals and Grains to Drive Demand for Sprayers Growing Use of Drones for Spraying Pesticides Revolutionizes Agricultural Sector Relaxation of Norms for Drone Usage to Drive Opportunities Drones Emerge as Ideal Alternatives to Traditional Backpack Sprayers Growing Significance of Drones in Controlling Invasive Plants Drones Critical for Improving Crop Yields Drones Finding Use in Dispensing Beneficial Pest-Eating Insects Advanced Spreader to Control Invasive Plants and Mosquitoes Researchers Focus on Developing Drones for New Pest Control Solutions Drone Swarms Technology for Spraying of Large Areas Multi-Rotor Drones Find Use in Spraying Applications Developing Economies Exhibit High Interest in Using Drones for Agricultural Spraying Purposes Legislative Policies Continue to Present Challenges for Drone Use in Spraying Applications AI-enabled Systems for Smarter Agricultural Sprayers Intelligent Spraying Systems Make Significant Strides Bosch Unveils Intelligent Spraying Technology for Precise Use of Herbicides on Weeds John Deere Unveils See and Spray for Precise Weed Targeting using AI Solar Powered Agricultural Sprayer Gain Interest Led by Power and Cost Economics Herbicides Application: An Overview of Spraying Equipment Used for Application Boom Sprayers Market: An Overview Self-Propelled Sprayers: An Emerging Market Comprehensive Maintenance: An Important Aspect to Improve Sprayer Efficiency High-end Crop Spraying Technology Increases Accuracy and Enhances Farm Efficiency Automation Sets New Industry Standards Innovations & Advancements Select Product Launches and Innovations Ongoing Technological Advancements Propel Demand for Smart Sprayers Emerging Trends in Agricultural Spraying Technology Advancements in Precision Technology of Sprayers Presents New Growth Opportunities Latest Farm Technologies Revolutionize the Farming Space Robotics Technology for Farm Spraying Advancements in Sprayer Technologies for Vegetable Farming Researchers Develop Intelligent Sprayers for the Nursery Industry Researchers Develop Ultrasonic Sensor-Based Automatic Spraying System to Reduce Pesticide Use in Orchards IIT-M Develops Agricopter for Pesticide Spraying New Solutions to Overcome Spraying Issues for Peace of Mind
Key Report Features
Full access to influencer engagement stats Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space. Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas Complimentary report updates for one year Competitor coverage with global market shares of major players Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes
The report covers 53 key competitors in the industry.
A selection of featured companies include:
AGCO Corporation AMAZONE H. Dreyer GmbH & Co. KG Andreas Stihl AG & Company KG ASPEE Agro Equipment Pvt. Ltd. Bucher Industries AG CNH Industrial N.V. Deere & Company Demco Manufacturing Co. EXEL Industries SA GUSS Automation, LLC GVM Incorporated HARDI INTERNATIONAL A/S Hockley International Limited Kubota Corporation Kuhn Group Kverneland Group Mahindra & Mahindra Ltd. Maquinas Agricolas Jacto S.A. Reddick Equipment Company of NC, LLC SZ DJI Technology Co., Ltd. Yamaha Motor Corporation, USA
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Economic Update Agriculture Industry in Post-COVID-19 Era: Change is Afoot with Influx of AI & Drones Competitive Scenario Agricultural Sprayers - Global Key Competitors Percentage Market Share in 2023 (E) Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E) Growing Need to Improve Farm Efficiency and Productivity Fuels Growth in the Agricultural Sprayers Market Market Set for Vertiginous Growth with Dynamic Factors; Drivers, Restraints & Challenges Growing Impetus on Precision Farming Fuel Demand for Artificial Intelligence-Enabled Agricultural Sprayers Developing Regions Promise High Growth for Agricultural Sprayers Market Factors Nurturing Growth of Agricultural Sprayers Market in Key Regions An Introduction to Agricultural Sprayers Tracing the Evolution of Sprayers Major Components of Sprayers Types of Agricultural Sprayers Boom Sprayers Vs Boomless Sprayers Tractor-Mounted & Battery-Operated Sprayers: Deep-Rooted Segments of Agricultural Sprayers Market Smart Spraying Technology: Reducing Environmental Risks of Herbicides Major Technologies Used in Smart Spraying Systems Advantages of Using Smart Spraying Systems in Agriculture Drones Emerge as Lynchpin of the Future of Pesticide Spraying Recent Market Activity Select Global Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
United States Canada Japan China Europe France Germany Italy United Kingdom Spain Russia Rest of Europe Asia-Pacific Australia India South Korea Rest of Asia-Pacific Latin America Argentina Brazil Mexico Rest of Latin America Middle East Iran Israel Saudi Arabia United Arab Emirates Rest of Middle East Africa
IV. COMPETITION
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