Press release
Agricultural Sprayers Market Expects A 6% CAGR Growth By 2031
he 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.Demand for battery-operated agricultural sprayers is set to increase steadily at a CAGR of 4% across the assessment period of 2021 to 2031. Latest trends of agricultural sprayers and technological advancements in agricultural sprayers will pave the way for increased opportunities for market layers over the next ten years.
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The latest market research report analyzes Agricultural Sprayers Market demand by Different segments. Providing business leaders with insights On Agricultural Sprayers And how they can increase their market share.
Key Market Segments Covered in Agricultural Sprayers Industry Research
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
• Agricultural Sprayers with Hydraulic Nozzle
• Agricultural Sprayers with Gaseous Nozzle
• Agricultural Sprayers with Centrifugal Nozzle
• Agricultural Sprayers with Thermal Nozzle
Usage
• Field Sprayers
• Orchard Sprayers
• Gardening Sprayers
We leverage space-age industrial and digitalization tools to provide avant-garde actionable Agricultural Sprayers Market insights to our clients.
SWOT analysis has been performed in the market study to investigate the strengths, weaknesses, opportunities and threats of each player, both at global and regional levels.
Key Takeaways from Market Study
• Global agricultural sprayers market to top US$ 3.2 Bn by 2031.
• Handheld agricultural sprayers projected to reach around US$ 400 Mn by 2031.
• Self-propelled agricultural sprayers projected to record above 7% CAGR over the next 10 years.
• Market in APEJ holds share of more than 40%.
• Market in Japan to record 4% CAGR over forecast period of 2021- 2031.
The Market insights of Agricultural Sprayers will improve the revenue impact of businesses in various industries by:
• Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Agricultural Sprayers Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Agricultural Sprayers market and offers solutions
• Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
• Helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Agricultural Sprayers market .
The latest industry analysis and survey on Agricultural Sprayers provides sales outlook in 20+ countries, across key categories. Insights and outlook on Agricultural Sprayers market drivers, trends, and influencing factors are also included in the study.
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This report gives you access to decisive data such as:
• Demand of Agricultural Sprayers Market & Growth drivers
• Factors limiting Agricultural Sprayers market growth
• Current key trends of Agricultural Sprayers Market
• Market Size of Agricultural Sprayers and Agricultural Sprayers Sales projections for the coming years
The report also offers key trends of Agricultural Sprayers market and an in-depth analysis of how the projected growth factors will shape the Agricultural Sprayers market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Agricultural Sprayers Market that are developing the current market scenario and which will be lucrative for the future demand of Agricultural Sprayers Market.
Why are Battery-operated Agricultural Sprayers in Such High Demand?
By power source type, battery-operated agricultural sprayers will remain preferred by the farming community. Sales of battery-operated agricultural sprayers are expected to increase 1.9X over the forecast period.
As the agriculture industry is rapidly progressing towards digitization, technological advancements are viewed as the bedrock upon which the new-generation agricultural equipment, including agricultural sprayers, are developed. Albeit new-established, the inextricable relationship between technologies and farming equipment has bolstered demand for more efficient and convenient agricultural sprayers in the crop sprayer market.
As customers are spurning conventional fuels, application of batteries has expanded beyond automobiles and consumer electronics. Farmers are opting for battery-powered agricultural sprayers over solar or manual counterparts, in line with the need for sustainable, yet cost-effective spraying equipment.
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Why are Farmers Preferring Tractor-mounted Agricultural Sprayers?
Tractor-mounted sprayers are becoming a popular choice, not only among small-scale farmers but also among large-scale end users. In fact, large operators who previously opted for self-propelled sprayers are making a move towards the tractor-mounted variants, as the latter facilitates large-scale farming operations.
Operational flexibility of tractor-mounted agricultural sprayers enables end-users to carry out both pest control processes and fertilization processes using a single equipment.
Preference for tractor-mounted agricultural sprayers over self-propelled agricultural sprayers can also be backed by high operational and maintenance costs, limited application scope, and higher fuel consumption linked with the latter.
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