Agricultural Sprayers Market Analysis By Product Type (Handheld, Self-propelled, Tractor-mounted, Trailed, Aerial), By Capacity (Ultra-low Volume, Low Volume, High Volume), By Power Source (Battery-operated, Fuel-operated, Manual, Solar, Electric)
The global agricultural sprayers market was valued at around US$ 1.8 Bn in 2020, which amounts to close to 1.6% share of the overall agricultural equipment market. Sales of agricultural sprayers are projected to accelerate at a healthy CAGR of 6% to top US$ 3.2 Bn by 2031.
Furthermore, in the absence of robust or utilitarian alternatives, the demand within the global Agricultural Sprayers market is projected to reach new heights of recognition. It is worthwhile to mention that the global Agricultural Sprayers market is treading along a lucrative pathway due to favorable government legislation.
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The COVID-19 epidemic has altered narratives about development and progress in a number of important industries. As a result, supply chain disruptions and problems with procurement are other disadvantages that the market for Agricultural Sprayers must contend with. Market participants might spend the next quarter investing in new technology to recover from the pandemic’s shocks.
Market Players:
Growth Drivers of the Agricultural Sprayers Industry:
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Key Market Segments Covered in Agricultural Sprayers Industry Research
The study further identifies major manufacturing trends, technologies that will be commercialized
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Agricultural Sprayers Market , Global Agricultural Sprayers Market , Sales of Agricultural Sprayers
Jun 13, 2023