Research and Markets - Global Agriculture Sprayer Market CAGR Growth of 5.24% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Buhler Industries, Hardi International, Labdhi International
The report forecasts the global agriculture sprayer market to grow at a CAGR of 5.24% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: A trend which will help boost market growth is an increase in self-propelled sprayers. The trend toward less tillage to prevent soil degradation has brought about advances in farm chemicals, especially herbicides. This has augmented the demand for self-propelled crop sprayers that can be used for both pre-and post-plant treatments. While traditional pull-type sprayers are still being used, self-propelled units are becoming more popular as they allow more control over application time and cause less crop damage. Higher farm profits have also driven investments in self-propelled sprayers.
According to the report, a key growth driver is the demand from emerging countries. Emerging countries are witnessing extensive mechanization in the agriculture sector. Growing interest among customers to increase productivity has increased the penetration of sprayers in India, China, Russia, and Brazil. These countries upgrade and modernize their farming processes to increase farm income, boost economic growth, and meet the growing demand for crops and products.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Deere & Company
Ag Spray Equipment
Great Plains Manufacturing
Indo-German Agricultural Sprayer & Pressing Works
Taizhou City Jiaojiang Jiangnan Agriculture Machinery Factory