Global Agricultural Sprayers Market: Snapshot
Technological progress has been underpinning the global agricultural sprayers market. For example, drones are now used to spray apart from mapping and surveying. Improving agricultural drone technology is making it all possible. Such leveraging of technologies has been necessitated by pressing need for food resulting from a burgeoning world population. Modernization of agricultural equipment has served to increase crop yields.
Agricultural sprayers can be used to spray herbicides, fungicides, insecticides, etc. They can be electric, fuel based, and handheld sprayers. Of them, the fuel-based agricultural sprayer is witnessing swift uptake on account of its increased efficiency. The electric sprayers are also seeing surging popularity on account of the growing number of innovations in sprayers to make them more useful. The different types of agricultural sprayers available in the market are foot/pedal sprayers, knapsack sprayers, traction pneumatic sprayers, aerial sprayers, and tractor-mounted sprayers. Of them, the segment of traction pneumatic sprayers is slated to dominate the market because of the high volumes of agrochemicals it can dispense.
From a geographical standpoint, Europe contributes the most to the market for agricultural sprayers. The Netherlands is primarily driving the market in Europe by dint of being one of the major vegetable producers. Overall, the market in Europe is being driven by the need to better crop yield which requires the use of agricultural sprayers.
The Middle East and Africa is another promising region on account of harsh climate and dearth of water for irrigation. This has necessitated the use of efficient sprayers to spray agrochemicals for a good crop yield.
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Agricultural Sprayers Market: Overview
Agricultural sprayers are used widely in the spraying of herbicides, fungicides, insecticides, and fertilizers to crops for better yield and protection from crop-damaging microorganisms. These are one of the most important and essential equipment required for the growth of the crop, and also provide protection from pests, insects, and other organisms, thereby helping farmers gain good crop yield and capital. Agriculture sprayers is one of the oldest equipment used by the farmers in agricultural production.
Agricultural Sprayers Market: Dynamics and Trends
Shift from traditional farming techniques to advanced farming techniques is accelerating the need for agricultural sprayers, thereby driving the overall market growth. Increase in adoption of innovative agricultural equipment to save time and human effort is also contributing to the market growth. The agricultural sprayers market can be expanding significantly in Asia Pacific, due to the subsidies allotted by the governing bodies of developing economies in the region.
Demand for agricultural sprayers has also been rising due to the development of new agrochemicals, which can be applied by sprayers. Agricultural sprayers lower the risk of chemical exposure and also provide better pesticide application technology.
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Agricultural Sprayers Market: Segmentation
Based on type, the agricultural sprayers market can be segmented into electric, fuel based, and handheld sprayers. The fuel based segment is estimated to account for major share of the market, due to its higher efficiency. Electric is predicted to be an emerging segment, due to the increasing number of innovations in improvement of the yield of sprayers. Many rural areas in developing economies such as China and India are witnessing rapid developments in providing rural electricity. Hence, the outlook for the providers of electric agricultural sprayers appears positive in the near future in the Asia Pacific region.
In terms of sprayer type, the agricultural sprayers market can be divided into knapsack sprayers, foot/pedal sprayers, traction pneumatic sprayers, tractor-mounted sprayers, and aerial sprayers. The traction pneumatic sprayers segment is estimated to hold key share of the market during the forecast period. Led by the capability of applying agrochemicals in high volumes, the traction pneumatic agricultural sprayers segment is projected to expand at a rapid pace during the forecast period.
Based on the type of application, the agricultural sprayers market can be segregated into fungicide, herbicide, insecticides, and others. Among these, the fungicide segment is expected to account for significant share in the near future. Application of pesticides is mandatory for all kinds of crops, and these pesticides are also applied at regular time cycles.
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Agricultural Sprayers Market: Regional Overview
Agriculture is the primary source of food in many countries in Asia Pacific. Due to the increasing population, the demand for food is rising proportionally. This is driving the need of agricultural sprayers. Furthermore, crop yields have been increased due to the modernization of agricultural equipment.
Europe also contributes significantly to the overall growth of the agricultural sprayers market. The Netherlands accounts for significant share of the agricultural sprayers market in Europe. The country is one of the major producers of vegetables in Europe. Rise in demand for the improvement of crop yield in Europe is primarily driving the need for efficient agricultural sprayers in the region.
The need for aggressive farming techniques is increasing in the Middle East and Africa due to the harsh climatic conditions and paucity of water resources in the region. This type of agriculture requires more efficient sprayers for proper application of agrochemicals to obtain good crop yield. Thus, the Middle East and Africa region is anticipated to provide immense opportunities to the vendors of agricultural sprayers in the near future.
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Agricultural Sprayers Market: Key Players
Prominent players operating in the global agricultural sprayers market include AGCO, Case IH, Ag Spray Equipment, Taizhou City Jiaojiang Jiangnan Agriculture Machinery Factory, Hardi International, Buhler Industries, Great Plains, Demco, Deere and Company, and Reddick Equipment Company of NC, LLC.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
