Market Size of South America Agricultural Sprayers Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 501.09 Million |
Market Size (2029) | USD 667.11 Million |
CAGR (2024 - 2029) | 5.89 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
South America Agricultural Sprayers Market Analysis
The South America Agricultural Sprayers Market size is estimated at USD 501.09 million in 2024, and is expected to reach USD 667.11 million by 2029, growing at a CAGR of 5.89% during the forecast period (2024-2029).
- Plant protection activities are the most important practices during crop production and the application of maximum pesticide products with the sprayer. Conventional agricultural spraying techniques have made the inconsistency between economic growth and environmental protection in agricultural production. Spraying techniques continuously developed in recent decades. Robotics and automatic spraying technologies like variable rate sprayers, UAV sprayers, and electrostatic sprayers are growing to Increase the utilization rate of pesticides, reduce pesticide residues, real-time, cost-saving, and high compatibility of plant protection products applications. These technologies are under the 'umbrella' of precision agriculture. These advanced spraying technologies not only reduce labor costs but are also effective in environmental protection which will boost the market in the coming years.
- Some of the major players are also involved in the manufacturing of innovative sprayers based on the current situation and the customer demand to reduce the increasing labor costs and finding skilled labor to operate equipment. In 2022, John Deere Teams with Driverless Agricultural Sprayer manufacturer GUSS Automation LLC to collaborate on sprayer sales and facilitate further product development with AI and IoT to help the four-wheeled sprayers complete the tedious, time-consuming and hazardous task of spraying chemicals and other agents on high-value crops in orchards and vineyards.
- Factors which are driving the market are the increase in average farm size leading to the adoption of sprayers, and technological advancements in terms of new innovative sprayers that cater to the needs of South American farmers are some of the factors driving the market growth for sprayers.
South America Agricultural Sprayers Industry Segmentation
An agricultural sprayer is a piece of equipment that is used to apply herbicides, pesticides, and fertilizers on agricultural crops. South America Agricultural Sprayers Market is Segmented by the Source of Power (Manual, Battery-operated, Solar Sprayers, and Fuel-operated), Usage (Field Sprayers, Orchard Sprayers, and Gardening Sprayers), Mode of Capacity (Ultra Low Volume, Low Volume, and High Volume) and Country (Brazil, Argentina, and Rest of South America). The report offers market sizing and forecasts in terms of value (USD) for all the above segments.
Source of Power | |
Manual | |
Battery-operated | |
Solar Sprayers | |
Fuel-operated |
Usage | |
Field Sprayers | |
Orchard Sprayers | |
Gardening Sprayers |
Mode of Capacity | |
Ultra Low Volume | |
Low Volume | |
High Volume |
Country | |
Brazil | |
Argentina | |
Rest of South America |
South America Agricultural Sprayers Market Size Summary
The South America Agricultural Sprayers Market is poised for significant growth, driven by advancements in spraying technologies and the increasing need for efficient agricultural practices. The market is experiencing a shift towards precision agriculture, with innovations such as variable rate sprayers, UAV sprayers, and electrostatic sprayers gaining traction. These technologies enhance pesticide utilization, reduce residues, and offer cost-effective solutions, aligning with environmental protection goals. The trend towards farm consolidation and the rise of large corporate farming structures in countries like Argentina and Brazil are further propelling the adoption of advanced sprayers. This shift is supported by government initiatives and favorable economic conditions, which encourage the use of modern agricultural equipment to optimize productivity and profitability.
The demand for sophisticated sprayers is also fueled by the need for sustainability in agrochemical management. Self-propelled sprayers with high-tech features like automatic section control and direct injection are becoming increasingly popular, ensuring precise application of agricultural chemicals. Major players in the market, such as John Deere, AGCO Corporation, and Jacto Inc, are investing in innovative solutions to enhance efficiency and reduce labor costs. Collaborations and strategic expansions are common as companies strive to capture a larger market share. The introduction of smart spraying technologies, which minimize spray loss and improve accuracy, is expected to further drive market growth in the coming years.
South America Agricultural Sprayers Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Source of Power
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2.1.1 Manual
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2.1.2 Battery-operated
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2.1.3 Solar Sprayers
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2.1.4 Fuel-operated
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2.2 Usage
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2.2.1 Field Sprayers
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2.2.2 Orchard Sprayers
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2.2.3 Gardening Sprayers
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2.3 Mode of Capacity
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2.3.1 Ultra Low Volume
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2.3.2 Low Volume
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2.3.3 High Volume
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2.4 Country
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2.4.1 Brazil
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2.4.2 Argentina
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2.4.3 Rest of South America
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South America Agricultural Sprayers Market Size FAQs
How big is the South America Agricultural Sprayers Market?
The South America Agricultural Sprayers Market size is expected to reach USD 501.09 million in 2024 and grow at a CAGR of 5.89% to reach USD 667.11 million by 2029.
What is the current South America Agricultural Sprayers Market size?
In 2024, the South America Agricultural Sprayers Market size is expected to reach USD 501.09 million.