The crop sprayer market is expected to grow over the CAGR of around 4.68% during the period 2016 to 2022.
Pune, India -- (SBWIRE) -- 05/22/2017 -- Market Highlights
Sprayers are generally used for spraying insecticides and pesticides on crops and plants. They are used in agriculture sector. Various government initiatives to increase the production of the agriculture and prevent the crop from harmful pest and disease will ultimately increase the demand of crop sprayers. Lack of awareness among farmers about the new technology may hamper the growth of the global Crop sprayer market.
Global crop sprayer market is expected to reach USD 4,462.1 million by 2022 with 4.68% CAGR.
-Chafer Machinery Ltd (U.K)
-Zhejiang Ousen Machinery Co., Ltd. (China)
-CNH Industrial (U.K)
-Bucher Industries (Switzerland)
-Deere & Company (U.S.)
-Taizhou Sunny Agricultural Machinery Co., Ltd. (China)
-Exel Industries (France)
-STIHL Holding AG & Co. KG (Germany)
-Hymatic Agro Equipment Pvt. Ltd (India)
-ASPEE Group (India)
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Market Research Analysis
On the basis of region, global crop sprayer market is segmented as North America, Europe, Asia-Pacific and RoW. Asia-Pacific accounts for the largest share of 32.4% in the global crop sprayer market in 2015 mainly due to the countries such as India, China, and Indonesia are major agricultural promoting countries. North America was the second-largest market in 2015, valued at USD 919.7 million in 2015. North America is the major producer of wheat, corn and soybean, which require the use of agricultural equipment such as crop sprayer, thereby driving the growth of the market. The region is estimated to grow at a CAGR of 4.80% during the forecast period. Europe is anticipated to grow with a CAGR of 4.30% during the forecast period.
Scope of the Report
This study provides an overview of the global crop sprayer market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global crop sprayer market by its product, capacity and region.
- Ultra Low Volume Sprayers
- Low Volume Sprayers
- High Volume Sprayers
- North America
- Asia Pacific
- Rest of the World
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