Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Market Overview:
The global Agricultural Sprayersmarket was valued at USD 1.70billion in 2016 and is projected to reach USD 3.13billionby 2025, growing at a CAGR of 7.0% from 2017 to 2025.
The rise in extensive farming activity is expected to be a major driver for agricultural sprayers. The increasing focus on farm efficiency and productivity is expected to drive market demand for agricultural sprayers. The major restraint for market growth is high initial capital investment.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Sulfur deficiency in soil
1.2 Need for higher agricultural productivity
2. Market Restraints
2.1 Growing trend of organic foods
Market Segmentation:
The global Agricultural Sprayersmarket is segmented on the type, capacity, farm size, crop type, technologyand region.
1. By Type:
1.1 Self Propelled
1.1.1 Low HP
1.1.2 High HP
1.1.3 Medium HP
1.2 Aerial
1.3 Trailed
1.4 Tractor Mounted
2. By Capacity:
2.1 Ultra Low Volume
2.2 Low Volume
2.3 High Volume
3. By Farm Size:
3.1 Small
3.2 Large
3.3 Medium
4. By Crop Type:
4.1 Cereals
4.1.1 Rice
4.1.2 Maize
4.1.3 Wheat
4.1.4 Others
4.2 Oilseeds
4.2.1 Rapeseed
4.2.2 Sunflower
4.2.3 Soybean
4.2.4 Other
4.3 Fruits and Vegetables
4.4 Others
5. By Technology:
5.1 Air Assisted Electrostatic Spray Technology
5.2 Hydraulic Nozzle Spray Technology
5.3 Variable Rate Technology
5.4 Others
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. John Deere
2. Kubota
3. Bgroup
4. CNH Industrial
5. Mahindra and Mahindra
6. Amazonen-Werke
7. Exel Industries
8. Stihl
9. Yamaha
10. Agco Corporation
11. DJI
12. Bucher Industries
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Agricultural Sprayersmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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