North America Agricultural Sprayers Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

North America Agricultural Sprayers Market is segmented by the source of power (Manual, Battery-operated, Solar Sprayers, and Fuel-operated), by usage (Field Sprayers, Orchard Sprayers, and Gardening Sprayers) and by mode of capacity (Ultra Low Volume, Low Volume, and High Volume) and by country.

Market Snapshot

North America Agricultural Sprayers Market Overview
Study Period: 2016 - 2026
Base Year: 2021
CAGR: 7.2 %
North America Agricultural Sprayers Market Key Players

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Market Overview

North America Agricultural Sprayers Market is projected to grow at a CAGR of 7.2% during the forecast period (2020-2025).

  • Increasing demand for high-capacity sprayers and favorable government subsidies supporting the purchase of sprayers and technological development in spraying equipment are some of the factors driving the market growth.
  • Deere & Company, AGCO Corporation, GVM Incorporated, GUSS AG and Jacto Inc are some of the major players who are operating in the region. These companies are investing heavily in Research & Development to come up with new products to cater to a large segment of customers in the region.

Scope of the report

The report presents a wide-range analysis of the market size of the agricultural sprayer market, regionally. The market has been segmented, based on the source of power, usage, and geography. The report presents a wide-range analysis of the market share, size, and volume of agricultural sprayers. The corporations in the agricultural sprayer industry operate in B2B, as well as in B2C format.

Source of Power
Manual
Battery-operated
Solar Sprayers
Fuel-operated
Usage
Field Sprayers
Orchard Sprayers
Gardening Sprayers
Capacity Mode
Ultra Low Volume
Low Volume
High Volume
Country
United States
Canada
Mexico
Rest of North America

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Key Market Trends

Favorable Government Subsidies is Driving the Market

Farmers in the region have been able to avail timely subsidies in the form of agriculture equipment loans at flexible interest rates and repayment schedules. This, in turn, has helped even the small-scale farmers to invest in primary agricultural equipment including sprayers. For instance, the US government extends loans on farm equipment through USDA Direct Operating Loans, USDA Operating Microloans, and USDA Guaranteed Operating Loans. The 2018 Farm Bill has further increased the farm loan limit for the US farmers to better access the credit for high capital costs related to agriculture machinery including sprayers. In countries, such as Canada and Mexico, price support is another category of subsidy that helps in maintaining the high cost of the domestic crop all through, thus, stabilizing the disposable income of the farmers, which is further used for heavy investments on farm equipment including sprayers. This gives a boost to the demand for tires used in sprayers in the region.

North America Agricultural Sprayers Market Key Trends

United States is Dominating the Market

The need for sustainability in agrochemical management has induced the demand for highly-developed mechanical sprayers in recent years. The major demand in the region has emerged from self-propelled sprayers equipped with high-technology tools, such as automatic section control, data transmission, and direct injection, which further ensures accurate spreading of agriculture chemicals. According to USDA, the number of farms has witnessed a declining trend in recent years, with the average farm size of the remaining farms increasing to 443 acres in 2018. Moreover, the average age of the US farmers was recorded at 59.4 years in 2017, as per the recent Agriculture Census. Hence, due to a greater amount of labor required on the field to meet the increasing demand for food crops, the farmers have been turning to self-propelled and tractor-mounted sprayers, which require high-quality tires for all-round functioning with the right amount of traction.

North America Agricultural Sprayers Market Growth by Region

Competitive Landscape

Deere & Company, AGCO Corporation, GVM Incorporated, GUSS AG and Jacto Inc are some of the major players who are operating in the region. These players are coming up with custom-tailored sprayers that cater to the needs of the farmers in the region.

On Sep, 2019 Companies such as CNH Industrial N.V. company's brand Case IH launched an all-new Patriot 4400 sprayer with new wider, lighter boom options that are designed to increase the productivity of the farmer in the region.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions & Market definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Source of Power

      1. 5.1.1 Manual

      2. 5.1.2 Battery-operated

      3. 5.1.3 Solar Sprayers

      4. 5.1.4 Fuel-operated

    2. 5.2 Usage

      1. 5.2.1 Field Sprayers

      2. 5.2.2 Orchard Sprayers

      3. 5.2.3 Gardening Sprayers

    3. 5.3 Capacity Mode

      1. 5.3.1 Ultra Low Volume

      2. 5.3.2 Low Volume

      3. 5.3.3 High Volume

    4. 5.4 Country

      1. 5.4.1 United States

      2. 5.4.2 Canada

      3. 5.4.3 Mexico

      4. 5.4.4 Rest of North America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 Deere & Company

      2. 6.3.2 AGCO Corporation

      3. 6.3.3 GVM Incorporated

      4. 6.3.4 GUSS AG

      5. 6.3.5 Jacto Inc

      6. 6.3.6 Excel Industries

      7. 6.3.7 H.D. Hudson Manufacturing Company

      8. 6.3.8 EQUIPMENT TECHNOLOGIES, INC

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The North America Agricultural Sprayers Market market is studied from 2016 - 2026.

The North America Agricultural Sprayers Market is growing at a CAGR of 7.2% over the next 5 years.

Deere & Company, AGCO Corporation, GVM Incorporated, GUSS AG, Jacto Inc are the major companies operating in North America Agricultural Sprayers Market.

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