Farming equipment are essential to enhance crop yield and cut down the labor cost. Over the past few years, agricultural sprayers have become important for farmers for spraying fertilizers
Agricultural Sprayers Market by Type (Self-propelled, Tractor-mounted, Trailed, Handheld, Aerial), Capacity, Farm Size, Crop Type, Power Source (Fuel-based, Electric & Battery-driven, Manual, Solar), and Region - Global Forecast to 2025
The global agricultural sprayers market size is estimated to be valued at USD 2.2 billion in 2020 and projected to reach USD 3.1 billion by 2025, recording a CAGR of 6.5%
The market for agricultural sprayers, in terms of value, is estimated to be USD 1.86 Billion in 2017 and is projected to reach USD 2.63 Billion by 2022, at a CAGR of 7.12% from 2017.
Increasing focus on farm efficiency and productivity, rising production of cereals & grains in Asian countries are some of the major drivers driving the growth of the agricultural sprayers market.
The types such as self-propelled and aerial sprayers need high initial investments, efficient farming tools, and skilled & knowledgeable farmers or growers.
The agricultural sprayers market is driven by extensive changes in farming and spraying technologies.
Increasing focus on farm efficiency and productivity, rising production of cereals & grains in Asian countries, and government support towards modern agricultural techniques are some of the major drivers driving the growth of the agricultural sprayers.
The agricultural sprayers market is estimated to reach USD 1.86 Billion by 2017, and it is projected to reach USD 2.63 Billion by 2022.