Self-Propelled Sprayer Market Outlook
The Global Self-Propelled Sprayer Market was estimated at USD 2,280.0 Million in 2022 and is anticipated to reach USD 3,740.6 Million by 2031, expanding at a CAGR of 5.7% during the forecast period.
Self-propelled sprayers are automated equipment used for spraying liquids such as water fertilizers, herbicide and pesticides. Self-propelled sprayers are mainly used for spraying the tall crops including corn, cotton, and wheat.
Self-propelled sprayer is made up of numerous components including engine, tank, boom sprayer, and nozzles. Self-propelled sprayers typically use diesel as a primary power source.
Macro-economic Factors
Technology Advancement
Technological innovations and advancements in the field of agriculture, such as digitalization, automation, artificial intelligence, and biotechnology, have a positive impact on the self-propelled sprayer market. For instance, the development of smart sensors, GPS guidance systems, variable rate application systems, and spray drift reduction systems improves the efficiency and accuracy of self-propelled sprayers, which is expected to affect the market positively.
However, these technologies require high initial investment and maintenance costs, as well as skilled labor and training, which have a negative impact on the market. Global Navigation Satellite System (GNSS) enabled technology provides automated steering and positioning in the landscape for self-propelled agricultural machines (tractors, combine harvesters, forage harvesters, sprayers).
Furthermore, autosteer technology enables automatic steering within the field, including turning on the ends of rows. Additionally, technologies such as exact filling systems, automatic boom section control, automatic cleaning and rinsing systems, and automatic boom height adjustment in self-propelled spraying contribute to the market growth.
Demand and supply of agricultural commodities
Demand for agricultural products depends on factors such as population growth, income levels, dietary preferences, and trade policies. The supply of agricultural products depends on factors such as weather conditions, crop yields, input costs, and technological innovations. The demand and supply of agricultural commodities affect the prices and profitability of farmers, which, in turn, influence their decisions to invest in farm equipment, such as self-propelled sprayers.
According to Food and Agricultural Organization, the production of wheat in 2022-23 was estimated to 803.1 Mn Tons and the supply was at 1098.8 Mn Tons whereas utilization was 778.6 Mn Tons respectively. Growing need for agricultural produce is majorly propelling the demand for planting and fertilizing equipment as compared to manual fertilizing and planting techniques.
For instance, if the demand for a certain crop is high and the price is favorable, farmers are willing to buy self-propelled sprayers to increase their productivity and efficiency. If the supply of a certain crop is high and the price is low, farmers are less inclined to buy self-propelled sprayers, due to low returns and high costs. Therefore, the demand and supply of commodities have a positive or negative impact on the demand for self-propelled sprayers, depending on the market situation
Self-Propelled Sprayer Market Dynamics
Market Driver- Increasing Labor Cost for Agricultural Activities
Increasing labor cost due to their high employment in agricultural activities is driving the market, especially in developed regions such as North America and Europe. Spraying of fertilizers and chemicals such as herbicides and pesticides is a labor-intensive operation. Regulations implemented by several governments have increased minimum wages paid to the labors working in the agricultural sector.
For instance, minimum wages have increased to USD 15 per hour in Canada in 2022 from previous average value of USD 13.2 in 2021. Labor intensive nature of spraying activity and increasing labor costs make it costly to carry out spraying without help of automated machines such as self-propelled sprayer.
Increasing labor costs owing to government regulations and intensive spraying activity for large farms increase the adoption rate of automated equipment such as self-propelled sprayer, thus fueling the market.
Market Driver- Technological Advancements
Self-propelled sprayer is an equipment enabled with multiple automated systems. Technological advancements in the design and developments of the additional feature contribute significantly in increasing cost-efficiency of the equipment, thereby increasing its adoption rate.
Self-propelled sprayer is equipped with precision equipment, which increase the accuracy of the spraying operation. It also reduces the wastage of the chemical being sprayed. Advanced technological features such as see and spray improve control on the overall spraying action, which reduces chemical wastage and the time required for spraying operation.
Fuel efficiency is another technological aspect, which helps increase the usage of the self-propelled sprayers. Key manufacturers of self-propelled sprayer have increased the fuel efficiency of the engines used in self-propelled sprayers, which increases their adoption thus, boosting the market.
Market Restraint- High Capital Investments
Self-propelled sprayer is one of the most sophisticated and technologically advanced equipment used in the agricultural industry. This makes it costly in nature. High capital cost is associated with purchase of self-propelled sprayer which typically decreases its adoption rate.
Average cost of a single self-propelled sprayer equipped with the basic accessories range from 1 lakh to half a million dollars in 2022. Such high cost of the self-propelled sprayer restricts its use as farmers with small land cannot afford to use the same.
Moreover, owing to capital intensive nature of self-propelled sprayer, the equipment shows positive return on investment with farm size more than 1000 hectors. This value is larger than the global average farm size. High capital investment for self-propelled sprayer decreases its adoption rate, especially in developing countries, thus hampering the market.
Scope of Self-Propelled Sprayer Market Report
The report on the Global Self-Propelled Sprayer Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Global Self-Propelled Sprayer Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016 and 2021
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Forecast Period
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2023–2030
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Segmentation
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by Capacity (Low-Capacity, Medium-Capacity, High-Capacity), by Crop Type (Rice, Wheat, Fruits & Vegetables, Oilseeds, Cotton, Corn, Others), by Application (Crop Field, Orchard, Gardening), By Power Source (Gasoline, Diesel, Electric, Hybrid), By Distribution Channel (Manufacturer to Retailer, Manufacture to Distributor and Distributor to Retailer)
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered
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AGCO Corporation, AMAZONEN-WERKE H. DREYER SE & Co. KG, Bateman Sprayer, CNH Industrial America LLC, Deere & Company, HERBERT DAMMANN GmbH, EXEL Industries, Grupo Jacto, GVM Incorporated, Horsch maschinen gmbh, KUHN GROUP, Mcconnel Limited
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Self-Propelled Sprayer Market Segmental Outlook
Based on capacity, the self-propelled sprayer market is categorized as low capacity, medium capacity, and high capacity.
The low capacity segment held XX% share of the market in 2022. Low-capacity self-propelled sprayers are specifically used for spraying fertilizers for small farming or gardening. This type of sprayer is used for specialty crops such as fruits and vegetables.
The medium capacity segment is expected to hold XX% share of the market in 2031, due to the rising usage of medium-capacity sprayers for a variety of crop cultivations. These sprayers are basically used for large applications, such as irrigation and fertilizer applications.
On the basis of crop type, the market is divided into rice, wheat, fruits & vegetables, oilseeds, cotton, and others. The rice segment held a XX% market share in 2022 and is expected to hold a XX% market share in 2031. The growth of this segment is attributed to the growing demand of advance sprayers that enable timely and precise application of pesticides, as rice crops are susceptible to various pests and diseases.
The wheat segment is anticipated to hold XX% share of the market in 2031, due to the growing focus on farm mechanization to cope with the rising food demand. The rising popularity of self-propelled sprayers in wheat production is driving the demand for self propelled sprayers for wheat production.
On the basis of application, the market is divided into crop field, orchard, and gardening. The crop field segment held a XX% market share in 2022 and is expected to hold a XX% market share in 2031. The growth of this segment is attributed to the high farm profits. A year of record bean and corn prices, has led a significant improvement in the level of investment in capital equipment by the framers.
The market is also witnessing the integration of precision farming technologies, such as variable rate technology, to enable customized application of chemicals based on crop requirements.
The orchard segment is expected to expand at a CAGR of XX% during the forecast period. The demand for self-propelled sprayers in orchard crops is expected to increase in the coming years, as orchard farmers are looking for increasingly efficient and precise ways to apply liquid solutions such as pesticides, fungicides, and fertilizers to their crops.
On the basis of power source, the market is divided into gasoline, diesel, electric, and hybrid.
The electric segment held XX% market share in 2022 and is expected to hold a XX% market share in 2031. The growth of this segment is attributed to the growing advantages of the electric self-propelled sprayers, as they offer several advantages over their diesel counterparts, including environmental benefits, cost savings, and improved operational efficiency.
The diesel segment held XX% share of the market in 2022, as diesel engines are ideally suited for machines such as self-propelled sprayers that operate at low speeds. They generate the same amount of power as gas engines at low revolutions per minute, allowing for slow fuel consumption.
On the basis of distribution channel, the market is divided into manufacturers to retailers and manufacturers to distributors & distributors to retailers. The manufacturers to retailers segment held XX% market share in 2022 and is expected to hold XX% market share in 2031.
The growth of the segment is attributed to the wide availability of self-propelled sprayers of different brands in retailers stores as well as on there websites, which is driving the segment as the consumers get more options to choose.
Regional Outlook
On the basis of region, the global self-propelled sprayer market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounted for 29.9% market share in 2022, due to the increasing demand for self propelled sprayers and tractor mounted sprayers as there is a large number of labor required on the field to meet the increasing demand for food crops.
Furthermore, the increasing need for food safety, due to the increasing awareness about advanced farming techniques, rising government support for agricultural development, and growing population, are driving the market in the region.
Key Benefits for Industry Participants & Stakeholders
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In-depth Analysis of the Global Self-Propelled Sprayer Market
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Historical, Current, and Projected Market Size in terms of Value
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Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
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Industry Drivers, Restraints, and Opportunities Covered in the Study
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Recent Industry Trends and Developments
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Competitive Landscape & Strategies of Key Players
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Neutral Perspective on Global Self-Propelled Sprayer Market Performance
Segments
By Capacity
- Low-Capacity
- Medium-Capacity
- High-Capacity
By Crop Type
- Rice
- Wheat
- Fruits & Vegetables
- Oilseeds
- Cotton
- Corn
- Others
By Application
- Crop Field
- Orchard
- Gardening
By Power Source
- Gasoline
- Diesel
- Electric
- Hybrid
By Distribution Channel
- Manufacturer to Retailer
- Manufacture to Distributor
- Distributor to Retailer
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Market Players Profiled in the Report
- AGCO Corporation
- AMAZONEN-WERKE H. DREYER SE & Co. KG
- Bateman Sprayer
- CNH Industrial America LLC
- Deere & Company
- HERBERT DAMMANN GmbH
- EXEL Industries
- Grupo Jacto
- GVM Incorporated
- Horsch maschinen gmbh
- KUHN GROUP
- Mcconnel Limited
Competitive Landscape
Manufacturers operating in the Global Self-Propelled Sprayer Market include AGCO Corporation, AMAZONEN-WERKE H. DREYER SE & Co. KG, Bateman Sprayer, CNH Industrial America LLC, Deere & Company, HERBERT DAMMANN GmbH, EXEL Industries, Grupo Jacto, GVM Incorporated, Horsch maschinen gmbh, KUHN GROUP, Mcconnel Limited.
Key Developments
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EXEL Industries announced the acquisition of 81% majority stake in Devaux group, which specializes in the manufacture and sale of gardening tools soil, grass, wood, pruning, flowers, balconies and terraces, chimney accessories. The acquisition enables EXEL Industries to step up its development in agricultural equipment sector.
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