Global Agricultural Sprayers Market industry valued approximately USD 1.82 billion in 2016 is anticipated to grow with a healthy growth rate of more than 8.13% over the forecast period 2017-2025. The major factors driving the growth are increasing yield of grains and cereal the Asia Pacific region especially Asian countries, substantial changes in spraying and farming technologies, encouragement from government for modern agricultural techniques, and rising focus on farm efficiency and output.
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Type:
§ Handheld
§ Self-Propelled
§ Tractor-Mounted
§ Trailed
§ Aerial
Power Source:
§ Fuel-Based
§ Electric & Battery Driven
§ Solar
§ Manual
Capacity:
§ Ultra-Low Volume
§ Low Volume
§ High Volume
Regions:
§ North America
o U.S.
o Canada
§ Europe
o UK
o Germany
§ Asia Pacific
o China
o India
o Japan
§ Latin America
o Brazil
o Mexico
§ Rest of the World
Furthermore, the years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are Mahindra & Mahindra, CNH Industrial, Bucher Industries, EXEL Industries, John Deere, STIHL, Yamaha, and AGCO. Acquisitions and effective mergers, new product launches and focus on continuous technology innovations are some of the strategies adopted by the key manufacturers. The companies are also trying to dominate the market by investing in research and development.
Target Audience of the Agricultural Sprayers Market Study
§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors