Emphasis on Food Security Accelerates Agricultural Sprayers Market Demand by 6% CAGR

NEW YORK, Dec. 2, 2021 /PRNewswire/ -- The global agricultural sprayers market size is forecast to top US$ 3.2 Bn by 2031, exhibiting growth at 6% CAGR, opines Fact.MR in a recent market analysis. Ongoing technological advancements in farm equipment are spurring demand for agricultural sprayers, creating lucrative growth opportunities for players in the market.

Farmers worldwide are seeking farm equipment that would help them improve efficiency and profitability. In response to these, players are launching technology-equipped modern sprayers to battery-operated sprayers to improve efficiency, accuracy, and productivity in farms.

As farmers are getting more aware of crop protection and food quality, demand for advanced spraying machinery is on the rise. In addition to this, increasing applications of agrochemicals to improve crop yield sustainably is expected to boost sales, thereby augmenting the growth in the market.

Further, young farmers are shifting from traditional farming practices to modern methods and tools, which is driving demand for solar agricultural sprayer pumps. Growing need for food fortification to offer nutrient-rich food in the food and beverage sector is a chief factor driving sales in the market.

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As per Fact.MR, demand for agricultural sprayers is projected to remain high in the U.S., placing it as an attractive market in North America. Expansion of the food and beverage industry, along with growing demand for food security and certification in the country is compelling farmers to invest in advanced agricultural equipment, which in turn is fuelling the growth in the market.

"Introduction of drone technology providing real-time field information to improve productivity and optimal distribution of pesticides is expected to bode well for the market. Besides this, growing demand for driverless sprayers will continue boosting the growth in the market over the forecast period," says a Fact.MR analyst.

Key Takeaways:

• Demand for battery-operated agricultural sprayers is projected to grow by 1.9x over the assessment period.
• Sales of tractor-mounted sprayers are expected to gain momentum as they facilitate large-scale farming operations.
• The U.S. market is projected to grow 1.2x by 2031 owing to rapid adoption of technologically advanced farm equipment.
• China is expected to dominate the East Asia market amid surging demand for high-quality crops in the food and beverage sector.
• India will continue exhibiting high demand, favored by government investments supporting the expansion of the agricultural sector.

Growth Drivers:

• Increasing preference for low emission farm equipment will continue boosting sales of solar agricultural sprayers.
• Rising demand for high-tech farming equipment in Asia Pacific is expected to drive growth in the market.

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Competitive Landscape

Leading players operating in the agricultural sprayers market are focusing on research and development to diversify their product portfolios. In addition to this, players are investing in mergers, acquisitions, collaborations, and partnerships to gain a competitive edge in the market.

For instance,

• In August 2020, Yamaha Motor Co., Ltd. launched a pesticide spraying service in Thailand, using Yahama's FAZER R unmanned industrial helicopter. With this product, the company aims to address the growing demand for improved pest control in the agricultural sector with high-quality spraying solutions.

Key Players in the Agricultural Sprayers Market Include:

• 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
• Others

More Valuable Insights on Agricultural Sprayers Market

Fact.MR provides an unbiased analysis of the agricultural sprayers market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global agricultural sprayers with a detailed segmentation on the basis of:

Product Type:

• Handheld Agricultural Sprayers
• Self-propelled Sprayers
• Low HP Agricultural Sprayers
• Medium HP Agricultural Sprayers
• High HP Agricultural Sprayers
• Tractor-mounted Agricultural Sprayers
• Trailed Agricultural Sprayers
• Aerial Agriculture Sprayers
• Others
• Driverless Agricultural Sprayers
• Technically Advanced Faster Sprayers
• Modern Sprayers
• Autonomous Sprayers
• Autonomous Crop Sprayers
• Autonomous Orchard Sprayers

Capacity:

• Ultra-low Volume Agricultural Sprayers
• Low Volume Agricultural Sprayers
• High Volume Agricultural Sprayers

Power Source:

• Manual Agricultural Sprayers
• Battery-operated Agricultural Sprayers
• Fuel-operated Agricultural Sprayers
• Solar Agricultural Sprayers
• Electric Agricultural Sprayers

Nozzle Type:

• Hydraulic Nozzle
• Gaseous Nozzle
• Centrifugal Nozzle
• Thermal Nozzle

Usage:

• Field Sprayers
• Orchard Sprayers
• Gardening Sprayers

Regions:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• MEA

Key Questions Covered in Agricultural Sprayers Market Report

• The report offers insight into the agricultural sprayers market demand outlook for 2021-2031.
• The market study also highlights projected sales growth for agricultural sprayers market between 2021 and 2031.
• Agricultural sprayers market survey identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry.
• Agricultural sprayers market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, joint ventures, collaborations or partnerships, and others.

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Agricultural Drones Market Analysis - The fact that rice, white, and maize crop yields are lowered in warmer areas due to insect flourishing is a major element pushing the market for agricultural drones. Due to a lack of qualified workers in the fields, farm owners are investing in agricultural drones to achieve shorter lead times in tasks like crop surveillance and sowing, as opposed to manual labour. In the case of large-acreage field management, the use of agricultural drones has been deemed essential. Furthermore, remote and continuous monitoring of agricultural sites will encourage the use of agricultural drones to a greater extent.

Combine Harvesters Market Insights - Combine harvesters are a versatile machine that aids in the efficient harvesting of a variety of grain crops. Threshing, winnowing, and reaping are the first steps in a variety of agricultural processes. Harvesting equipment is becoming more popular as a result of reduced labour and the necessity for quick harvesting operations. As a result, demand for combine harvesters is increasing, owing to the continued expansion of the agricultural industry. Furthermore, numerous governments throughout the world have implemented a slew of beneficial laws relating to farm mechanization, paving the way for the market for combine harvesters.

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