Agricultural Sprayers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.90 % |
| Fastest Growing Market | North America |
| Largest Market | Europe |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Agricultural Sprayers Market Analysis
The agriculture sprayers market is projected to register a CAGR of 4.9% during the forecast period.
- Farming equipment is essential for increasing crop productivity and minimizing labor costs. Agricultural sprayers have become essential for farmers or producers to spray fertilizers, herbicides, and pesticides as required during harvest. Farmers could apply chemicals more effectively owing to technological advancements. Therefore, change in farming techniques and technological acceptance, the market for agricultural sprayers has gained traction.
- Furthermore, the increasing importance of farm efficiency and productivity, increasing cereal and grain production in global countries, and government support for innovative agricultural methods are some of the key drivers driving the agricultural sprayers market expansion. For instance, the Spanish government has made it easier for farmers to acquire loans from banks in order to purchase agricultural equipment and forestry machinery, which is one of the major reasons for the high adoption rate of sprayers during the forecast period and also with the enforcement of the new European Union Framework Directive on the Sustainable use of Pesticides, it is anticipated to enhance the value of the field crop and air-assisted sprayers market.
- GPS and robotic system sprayers are more popular in large agricultural land holdings, gardens, and orchard crops. Advanced spraying machinery uses this technology, wherein automated machines can apply pesticides and nutrients in a more targeted and timely manner. This technological development has resulted in making farming activities more efficient and eco-friendlier. However, most farmworkers are unaware of the dosage limits and pesticide risks, and they require proper training in integrated pest management practices. Hence, the recent advancements in sprayer technology have reinforced the demand for agricultural sprayers in recent years and will have a long-term impact on the market.
Agricultural Sprayers Market Trends
This section covers the major market trends shaping the Agricultural Sprayers Market according to our research experts:
Technological Developments in Spraying Equipment
Globally, Various technologies, such as drones and driverless sprayers, are providing important and attractive opportunities for the growth of the agriculture sprayers market. A drone uses the latest technologies of various tiny sensors, such as accelerometers, GPS modules, powerful processors, and digital radios to provide farmers with information. The use of drones helps farmers in scouting for pests and diseases and in mid-field weed identification. Positioning technologies, such as combining GPS (global positioning system) and GIS (geographic information systems), have made yield mapping very easy and helped farmers work in the field even under adverse weather conditions, such as rain, fog, and dust. There are companies that have highly indulged in constantly upgrading their technology in order to meet the growing technology demand. For instance, companies like ASPEE and GUSS are involved in making an investment heavily in R&D to launch more advanced sprayers.
Self-propelled sprayers are gaining traction in recent times. With the help of self-propelled sprayers, large areas of the field can be covered efficiently, and there is a high demand for self-propelled sprayers equipped with high-tech tools to optimize and streamline the application and have precise control over quantities of applied product, ensuring increased output. According to a report from the Agricultural Technology National Institute (INTA), 85% of the chemicals in the country are applied by self-propelled sprayers, and 65% of them are owned by contractors.
Increase in the crop acerage and increase in the developments of spraying technology and penetration rate the demand for sprayers is increasing in the countryduring the forecast period.
Understand The Key Trends Shaping This Market
Europe Dominates the Market
Globally, Europe is the largest market for agricultural sprayers. The expanding farm sizes and an increase in replacement demand are some of the factors that are likely to fuel the growth of the agricultural sprayer market in Europe during the forecast period. Farm robotics and the adoption of new technologies are becoming increasingly popular in European agrarian lands. The demand for production capacity is increasing directly with the rise in farm consolidation. Farms are seeking sprayers with higher capacities, as they help save the time spent on refilling the tanks.
There are various developmental programs started by the European Agriculture machinery association for training farmers on new technologies. For instance, the INNOSETA project under Horizon 2020 is aimed at establishing an innovative and self-sustaining thematic network on crop protection and sustainable plant protection products (spray equipment, training, and advice) in order to close the gap between the numerous European research projects resulting in new developments and farmers using and exploitation of all of these.
Companies are heavily investing in these technologies to have a strong foothold in the market and thus capture a larger share. With the unprecedented growth of precision farming in the region, European associations such as CEMA and European Crop Protection Association (ECPA) are also planning to launch a website to help farmers understand the benefits of spraying technology. This, coupled with the rising importance of agriculture together with the decreasing crop acreage, is likely to enhance farm mechanization in the region. The CEMA study cited under "Industry Proposal on the Inspection of Sprayer in Use", revealed that the CEMA members are likely to manufacture more than 90% of the new sprayers in the European Union.
Owing to technological advancements, vendors are introducing self-propelled sprayers and battery-operated sprayers, among others, to ease the work of farmers. For instance, solar-powered sprayers are gradually gaining the attention of farmers, as they can be charged using solar energy, as well as electricity in Europe.
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Agricultural Sprayers Industry Overview
The agriculture sprayers market is moderately consolidated. A lot of developments are taking place in the market. However, of all the strategies adopted, partnerships/collaborations are the most common, followed by mergers and acquisitions. Major companies are acquiring regional sprayer companies, and this is anticipated to lead to consolidation of the market eventually. The major agricultural sprayers are H.D. Hudson Manufacturing Company, AGCO Corporation, Mahindra & Mahindra Ltd, Jacto Inc, and Kubota Corporation.
Agricultural Sprayers Market Leaders
H.D. Hudson Manufacturing Company
AGCO Corporation
Mahindra & Mahindra Ltd
Jacto Inc.
Kubota Corporation
*Disclaimer: Major Players sorted in no particular order
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Agricultural Sprayers Market News
- November 2022: John Deere announced the upcoming launch of C&Spray technology in Europe, which allows the identification of weeds and specific treatments. This system uses camera technology to detect color differences in the area. Cameras and other hardware components are built directly into the boom or machine frame.
- November 2022: DJI released its T50, T25, and Mavic 3 Multispectral products. The T50 has been upgraded to two sets of active phased array radars, two sets of binocular vision, and a dual atomization spraying system, which integrates functions of aerial survey and flight defense. Weighing 52kg, the T50 supports the spreading of a 50kg load and spraying a 40kg load, with a 2200mm maximum wheelbase, 16 L/min spraying, and 108 kg/min sowing.
- October 2022: DJI launched AGRAS T40 it is equipped with the revolutionary Coaxial Twin Rotor design, enabling it to carry a spray load of 40 kg and a spread load of 50 kg (70 L). The aircraft is built in with a Dual Atomized Spraying System.
- July 2022: Kubota launched a new range of high-value crop sprayers. XTA21, XTA22, XTA24, XTA31, XTA33, and XTA63 these six models cover protection needs against pests and diseases in fruit and nut orchards, citrus, vine, and olive plantations.
Agricultural Sprayers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Source of Power
5.1.1 Manual
5.1.2 Battery-operated
5.1.3 Solar Sprayers
5.1.4 Fuel-operated
5.2 Usage
5.2.1 Field Sprayers
5.2.2 Orchard Sprayers
5.2.3 Gardening Sprayers
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 South Africa
5.3.5.2 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Market Share Analysis
6.2 Company Profiles
6.2.1 Deere & Company
6.2.2 H.D. Hudson Manufacturing Company
6.2.3 AGCO Corporation
6.2.4 Mahindra & Mahindra Ltd
6.2.5 ASPEE Agro Equipment Pvt. Ltd
6.2.6 Hockley International
6.2.7 Kubota Corporation
6.2.8 GVM Inc.
6.2.9 GUSS AG
6.2.10 Jacto Inc.
6.2.11 DJI
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Agricultural Sprayers Industry Segmentation
Agricultural sprayers a sprayer is a piece of equipment that is used to apply herbicides, pesticides, and fertilizers on agricultural crops. The Agriculture Sprayers Market is Segmented by Source of Power (Manual, Battery Operated, Solar Sprayers, and Fuel Operated Sprayers), Usage (Field Sprayers, Orchard Sprayers, and Gardening Sprayers), and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market estimation and forecasts in value (USD million) for the above-mentioned segments.
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| Battery-operated | |
| Solar Sprayers | |
| Fuel-operated |
| Usage | |
| Field Sprayers | |
| Orchard Sprayers | |
| Gardening Sprayers |
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Agricultural Sprayers Market Research FAQs
What is the current Agricultural Sprayers Market size?
The Agricultural Sprayers Market is projected to register a CAGR of 4.90% during the forecast period (2024-2029)
Who are the key players in Agricultural Sprayers Market?
H.D. Hudson Manufacturing Company, AGCO Corporation, Mahindra & Mahindra Ltd, Jacto Inc. and Kubota Corporation are the major companies operating in the Agricultural Sprayers Market.
Which is the fastest growing region in Agricultural Sprayers Market?
North America is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Agricultural Sprayers Market?
In 2024, the Europe accounts for the largest market share in Agricultural Sprayers Market.
What years does this Agricultural Sprayers Market cover?
The report covers the Agricultural Sprayers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Agricultural Sprayers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Agricultural Sprayers Industry Report
Statistics for the 2024 Agricultural Sprayers market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Agricultural Sprayers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Agricultural Sprayers Market Report Snapshots
