PUBLISHER: Grand View Research | PRODUCT CODE: 1530503
PUBLISHER: Grand View Research | PRODUCT CODE: 1530503
Sprayer Market Size & Trends
The global sprayer market size was estimated at USD 5.30 billion in 2023 and is expected to grow at a CAGR of 3.8% from 2024 to 2030. This growth is attributed to the increasing demand for efficient and precise agricultural practices. With the constant rise in global population and food security, there is a need for advanced agricultural tools that can optimize crop yields.
Sprayers, particularly self-propelled, trailed, and mounted types, enable farmers to apply fertilizers, pesticides, and herbicides more accurately and efficiently, reducing waste and improving crop health, thereby boosting the product demand. Moreover, technological advancements such as GPS-guided sprayers, variable rate technology (VRT), and automated control systems are making sprayers more efficient and user-friendly. For instance, self-propelled sprayers equipped with advanced sensors can cover large fields and with minimal manual intervention, appealing to large-scale farming operations. This technological progress is particularly beneficial for field and orchard applications, where large areas are treated consistently.
Environmental and regulatory factors are also playing a significant role in the sprayer market growth. There is a growing emphasis on sustainable farming practices and reducing the environmental impact of agricultural activities. Hence, demand for sprayers with minimized chemical usage is becoming increasingly popular in agricultural applications. Handheld and mounted sprayers, for instance, are preferred in gardening and orchard applications owing to their precise and low maintenance properties. Additionally, strict regulations regarding pesticide and herbicide application are driving the adoption of advanced sprayers that comply with environmental standards, thereby boosting the product demand.
Furthermore, rising adoption of gardening and orchard maintenance activities among hobbyists and small-scale farmers are fueling demand for sprayers. The trend towards urban gardening and the increasing number of home orchards have created a niche market for smaller size sprayers. These sprayers are designed to be user-friendly and efficient, catering to the needs of amateur gardeners and small-scale fruit growers. Therefore, the growing number of individuals engaged in gardening and orchard activities for personal use or small-scale commercial purposes, is projected to further propel the market.
Global Sprayer Market Report Segmentation
This report forecasts revenue growth at regional & country levels and provides an analysis of the industry trends in each of the segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the global sprayer market report on the basis of product, application, and region:
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
China
Japan
India
South Korea
Brazil
Argentina