LATAM and South Africa Self-Propelled Agriculture Sprayer Market Size By Product (Low-capacity Sprayer, Medium-capacity Sprayer, and High-capacity Sprayer Self-Propelled Agriculture Sprayer), By Application (Dryland Crop, Paddy Field Crop), And Forecast
Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
LATAM and South Africa Self-Propelled Agriculture Sprayer Market Size By Product (Low-capacity Sprayer, Medium-capacity Sprayer, and High-capacity Sprayer Self-Propelled Agriculture Sprayer), By Application (Dryland Crop, Paddy Field Crop), And Forecast
LATAM and South Africa Self-Propelled Agriculture Sprayer Market Size And Forecast
LATAM and South Africa Self-Propelled Agriculture Sprayer Market size was valued at USD 101.30 Million in 2021 and is projected to reach USD 153.08 Million by 2030, growing at a CAGR of 4.91% from 2022 to 2030.
The increased use of advanced technology such as ultrasonic sensors and battery-operated pumps is anticipated to grow the demand for the market. The LATAM and South Africa Self-Propelled Agriculture Sprayer Market report provide a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
LATAM and South Africa Self-Propelled Agriculture Sprayer Market Definition
Self-Propelled Agriculture Sprayer is a device used to distribute liquid fertilizers, insecticides, or other liquid to crops during their growth cycle is referred to as an “agricultural sprayer”. However, a sprayer is a tool used to project a liquid. Common applications for sprayers include the projection of water, weed killers, crop performance materials, pest maintenance chemicals, as well as manufacturing and production line ingredients. An item of equipment known as a sprayer is used in agriculture to apply herbicides, insecticides, and fertilizers to crops.
LATAM and South Africa Self-Propelled Agriculture Sprayer Market Overview
The increasing demand for the Self-Propelled Agriculture Sprayer in reducing human efforts thereby reducing the fatigue load on farmers is forecasted to scale the demand for the market. Also, the increased use of advanced technology such as ultrasonic sensors and battery-operated pumps is anticipated to grow the demand for the market.
High purchase cost along with the high maintenance cost of Self-Propelled Agriculture Sprayers is the restraining factor that is expected to hold the growth of the market. Adding to, mounting, and adjusting the nozzle on the sprayer can cause trouble while working with a Self-Propelled Agriculture Sprayer is also a factor that is expected to hinder the market growth in the near future.
LATAM and South Africa Self-Propelled Agriculture Sprayer MarketSegmentation Analysis
The market is segmented based on Product and Application.
LATAM and South Africa Self-Propelled Agriculture Sprayer Market, By Product
• Low-capacity Sprayer• Medium-capacity Sprayer• High-capacity Sprayer Self-Propelled Agriculture Sprayer
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Based on Product, the market is bifurcated into Low-capacity Sprayer, Medium-capacity Sprayer, and High-capacity Sprayer Self-Propelled Agriculture Sprayer.Medium-capacity Sprayer accounted for the largest market share of 45.91% in 2021, with a market value of USD 46.50 Million, and is projected to grow at the highest CAGR of 5.33% during the forecast period. High-capacity Sprayer was the second-largest market in 2021, valued at USD 38.26 Million in 2021; it is projected to grow at a CAGR of 4.91%.
LATAM and South Africa Self-Propelled Agriculture Sprayer Market, By Application
• Dryland Crop• Paddy Field Crop• Others
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Based on the Application, the market is bifurcated into Dryland Crop, Paddy Field Crop, and Others.Dryland Crop accounted for the largest market share of 50.22% in 2021, with a market value of USD 50.87 Million and is projected to grow at the highest CAGR of 5.57% during the forecast period. Paddy Field Crop was the second-largest market in 2021, valued at USD 35.43 Million in 2021; it is projected to grow at a CAGR of 4.63%.
Key Players
The “LATAM and South Africa Self-Propelled Agriculture Sprayer Market” study report will provide valuable insight with an emphasis on the LATAM and South Africa market. The major players in the market are Deere & Company, CNH Industrial N.V., AGCO Corporation, EXEL Industries SA, Jacto, PLA SA, Bargam S.p.A., Buhler Industries, and others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above.
LATAM and South Africa Self-Propelled Agriculture Sprayer Market Infographic
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2018-2030 |
BASE YEAR | 2021 |
FORECAST PERIOD | 2022-2030 |
HISTORICAL PERIOD | 2018-2020 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Deere & Company, CNH Industrial N.V., AGCO Corporation, EXEL Industries SA, Jacto, PLA SA, Bargam S.p.A., Buhler Industries, and others. |
SEGMENTS COVERED | Product and Application. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope. |
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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
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