Crop Sprayer Market Size to Grow at Highest CAGR from 2019 To 2022 - Chafer Machinery, Zhejiang Ousen Machinery, CNH Industrial, Bucher Industries, Deere & Company, Taizhou Sunny Agricultural Machinery

Crop sprayer market is gaining traction by proving its worth in taking agriculture forward. The technology is substantially backing crop growth by reducing the impacts of insects and enhancing nutrient provisions for the crops. The global crop sprayer market is expected to reach USD 4,462.1 million by 2022 with a moderate CAGR of 4.68% during the forecast period (2017-2022), reveals Market Research Future (MRFR) in an extensively studied report on the same market. The report further encompasses factors that can contribute to the crop sprayer market growth. By spraying insecticides and pesticides on crops, growth can be ensured, and spraying nutrients guarantees quality crops. These factors can be considered as a crop sprayer market growth enhancer.

However, the crop sprayer market is witnessing serious threats from non-repayment of loans which can dampen the market prospect by lowering the amount of revenue generated over the forecast period. Furthermore, the lack of technical knowledge can become vital in the production rate of crops which can impede the expected sale.

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Industry Trend:

Househam, a British spraying company, has designed sprayers that are self-propelled. The model is 230 hp model of the PREDATOR with a 5000-liter stainless steel spray tank. The machine is lighter than its peers and uses the latest large wheel and tire technology to have lesser ground pressure.

PrecisionMapper, a software company to make various harvesting models, has released an algorithm to determine weed pressure in the agricultural field to increase spot spraying efficiency. This can even work in areas where generally our eyes often miss the probability.

Segmentation:

The Global Crop Sprayer Market can be segmented by product and capacity.

By product, the crop spraying market can be segmented into fuel-based, electric, and hand-held. Fuel-based sprayers are expecting high growth.

Based on capacity, the crop spraying market includes ultra-low volume sprayers, low volume sprayers, and high-volume sprayers.

Regional Analysis:

Region-specific analysis of the crop sprayer market includes namely North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

The APAC region is currently dominating the market with countries such as China, India, Indonesia, and Japan contributing significantly. In India, low volume sprayers can enjoy high sale as farming in the region, is often done in small plots. China and Indonesia can showcase a hike in high volume sprayer sale.

The APAC market is getting followed by North America. On the other hand, Latin American countries are enjoying the benefits of high production led by the green revolution. This makes Latin America an alluring market for the crop sprayer manufacturers. European countries mostly witness its use in cultivating flowers and vegetables. However, the Middle East & African countries do not profit much as the regional atmosphere is quite harsh and doesn’t support cultivation much.

Market Insight:

The Crop Sprayer Market is thriving based on tactics employed by various companies in a bid to stay ahead of the rest. For instance, CNH Industrial has recently announced a partnership with Microsoft which can help the former in incorporating digital technology for a better market prospect.

The key players of global crop sprayer market are Chafer Machinery Ltd (U.K), Zhejiang Ousen Machinery Co., Ltd. (China), CNH Industrial (U.K), Bucher Industries (Switzerland), Deere & Company (U.S.), Taizhou Sunny Agricultural Machinery Co., Ltd. (China), Exel Industries (France), STIHL Holding AG & Co. KG (Germany), Hymatic Agro Equipment Pvt. Ltd (India), ASPEE Group (India) and others.

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This release was published on openPR.