The global crop sprayer market is anticipated to surpass a valuation of USD 4,977 million, attaining a CAGR of 4.44% during the forecast period (2014-2025), Market Research Future (MRFR) unveils in a detailed report. Crop sprayers are referred to as devices, which are exclusively used in the agriculture sector for spraying pesticides and insecticides on plants and crops in order to control pests.
Market Potential and Pitfalls
The global crop sprayer market is considered very dynamic, and its growth is primarily influenced by significant growth in the agriculture sector. Increasing farm mechanization and government initiatives are likely to promote the market growth across the globe. The agriculture sector helps to generate significant revenue, which further drives the economy. The soaring productivity in the agriculture market will lead to the increased use of crop sprayers, thus propelling the growth of the crop sprayer market. Several initiatives have been undertaken by the government to increase investments in this sector, which will further encourage the growth of the crop sprayer market across the globe.
Technological advancements in spraying equipment, increasing farm size, changing agriculture trends, and government support through subsidies are the primary factors likely to create growth opportunities for the market. Moreover, the development of driverless sprays and drones are creating lucrative opportunities for the market, as the use of such technologies are offering improved and high-quality crop yield, thus reducing human effort.
On the contrary, the dearth of awareness among farmers regarding the latest technologies is predicted to restrict the growth in the foreseeable future.
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Global Crop Sprayer Market: Segmental Analysis
The global crop sprayer market has been segmented on the basis of capacity and product.
By product, the crop sprayer market is segmented into electric, fuel-based, and handheld. Of these types, the fuel-based segment is predicted to lead the market. Fuel-based crop sprayers usually run by the use of conventional fuels like petrol, diesel, and gasoline.
By capacity, the crop sprayer market is segmented into low-volume sprayers, high-volume sprayers, and ultra-low-volume sprayers. Of these, the high-volume sprayers segment is predicted to lead the market. These are spray solutions, which are generally prepared by mixing water with a considerable amount of pesticides. The diluted mixture is then sprayed by using a hydraulic nozzle.
Geographically, the crop sprayer market spans across Europe, North America, Asia Pacific, and the Rest of the World (RoW).
Considering the global scenario, the European region is estimated to register strong growth opportunities due to the presence of vendors and growing farm sizes. The soaring demand for self-propelled sprayers and sprayers implemented with nozzles and large booms, specifically used for agricultural activities are likely to contribute to the market growth in the region.
The Asia Pacific is predicted to dominate the global crop sprayer market, with countries like China, India, and Indonesia promoting the production of agriculture in the region. India has a bisected farming land, which demands more low volume sprayers. China is constantly modernizing and upgrading its farming procedures to boost their farming income. The booming economic growth and ever-increasing demand for crops and its products in China are likely to propel the growth in the long run. Moreover, the growing interest among customers to increase the productivity of their farms has influenced the market growth in China.
July 2019: Iowa City drone start-up has received state, federal approval for aerial crop spraying. The Iowa City-based company will be using UAVs to deliver agrichemicals with the help of electrostatic sprayer for more effective delivery of chemicals onto crops.
The top players operating in the global crop sprayer market include Zhejiang Ousen Machinery Co., Ltd. (China), Chafer Machinery Ltd (UK), Bucher Industries (Switzerland), CNH Industrial (UK), Taizhou Sunny Agricultural Machinery Co., Ltd (China), Deere & Company (US), STIHL Holding AG & Co. KG (Germany), Exel Industries (France), ASPEE Group (India), and Hymatic Agro Equipment Pvt. Ltd (India).
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