Farm Crop Sprayer Market: Prospective Growth Trends & Incremental Opportunity Assessment till 2030
Crop Sprayer Market Overview
The worldwide crop sprayer market is expected to rise at
a CAGR of 4.44%, with a value of USD 4,977 million during
the projected 2022-2030. Crop sprayers are devices that are used in the
agricultural sector. The device is used to spray pesticides and insecticides on
the crops to limit the attack of the pests. They are used for this and used in
crop improvement by spraying the herbicides to provide micronutrients to the
plants. The continuous growth in the agriculture sector, increasing need for
food, government initiatives and less human labour are influencing the market
for further growth. Improvement in productivity in the agricultural sectors
generates a considerable market share globally.
The increases in production due to the advanced technology
reduced work time, which resulted in the good quality of the crops, boosting
the Crop
Sprayer Market size. However, the market also consists of some
restrains like less awareness among farmers about the advanced technology and
lack of knowledge about the process and tools. The pandemic affected the Crop
Sprayer Market due to the virus spread; several markets stopped their
productions, and disruption in the supply chain in most countries led to a
limit in production less labour, which affected the market. Several key players
are investing in the growth market. Despite all the hurdles, the Crop
Sprayer Market will improve its market condition and rise to the
height of growth.
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Top Key Players -
Chafer Machinery Ltd (UK), Zhejiang Ousen Machinery Co.,
Ltd. (China), CNH Industrial (UK), Bucher Industries (Switzerland), Deere &
Company (US), Taizhou Sunny Agricultural Machinery Co., Ltd (China), Exel
Industries (France), STIHL Holding AG & Co. KG (Germany), Hymatic Agro
Equipment Pvt. Ltd (India), and ASPEE Group (India)
Market segmentation
The Crop Sprayer Market is segmented
by-product and capacity. The market is bifurcated into handheld, fuel-based,
and electric based on the segment product. The fuel-based segment held the
largest market in 2018 and is expected to register the largest growth rate in
the forecast period. The fuel-based crop sprayers are run using conventional
fuel like diesel, petrol and gasoline.
The fuel-based sprayers require more fuel as they exhaust
carbon dioxide, which is harmful to the environment and could hinder market
growth. The market is segregated into low-volume sprayers, high-volume
sprayers,ultra-low-volume sprayers. The high volume sprayer registered the
largest market share and is expected to showcase a high growth rate in the
future. High-volume sprayers help prepare the mixture in the desired quantity
of pesticides.
Regional analysis
The Crop Sprayer Market is studied in
Europe, North America, Asia Pacific and other parts of the world. The presence
of a huge number of vendors and growing farm size in the region increases the
region’s market value. The high demand for self-propelled sprayers and sprayers
containing large nozzles and booms for agricultural activities also acts as a
growth factor for the European region.
The increasing irrigation crops, fruits, vegetables, cereals
and sugar and large scale production with innovative mechanisms enables the
market for further growth. The production of chickpea, maize, lentils, etc.,
also helps propel market growth. In 2018, china held the largest market share
and was expected to grow in the forecast period pushing the market forward.
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Industry news
Vandersat extracted variables like soil moisture, land
surface temperature, and information about biomass from satellite data.
Table Of Contents
1 Introduction
1.1 Definition 14
1.2 Scope Of The Study 14
1.3 Assumptions 14
1.4 Market Structure 15
2 Research Methodology
2.1 Research Process 16
2.2 Primary Research 16
2.3 Secondary Research 17
2.4 Market Size Estimation 17
2.5 Forecast Model 19
3 Market Dynamics
3.1 Drivers 20
3.1.1 Growth In Agriculture Sector 20
3.1.2 Government Initiatives 21
3.1.3 Farm Mechanization 21
3.2 Restraints 22
3.2.1 Relative Lack Of Awareness 22
3.2.2 Non-Repayment Of Loans 22
3.3 Opportunity 22
3.3.1 Scope In The Developing Nations 22
3.4 Challenges 22
3.4.1 Access To Capital 22
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