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Agricultural Sprayers Market Share
John Deere, CNH Industrial, and AGCO hold a significant market share of over 28% in agricultural sprayers industry. These companies are investing heavily in research and development to enhance their product offerings, incorporating advanced materials and manufacturing technologies. Their market dominance is supported by strong relationships with major agricultural equipment manufacturers and extensive global distribution networks, enabling them to stay at the forefront of agricultural innovations.
Additionally, players such as CropX and Mahindra & Mahindra are forming strategic partnerships to enhance their offerings. For instance, in September 2024, CropX's acquisition of EnGeniousAg showcases the trend of integrating advanced technologies for optimizing agricultural practices. These companies are also adopting smart manufacturing technologies to streamline production processes and improve operational efficiency, ultimately enhancing the overall customer experience.
Agricultural Sprayers Market Companies
Major players operating in the agricultural sprayers industry include:
- AGCO
- CNH Industrial
- Excel Industries
- Jacto
- John Deere
- Kubota
- Kuhn
- Mahindra & Mahindra
- Valtra
- YTO Group
What is the market share of self-propelled sprayers in the agricultural sprayers industry?
Self-propelled sprayers accounted for over USD 100 million in 2024 and are expected to grow steadily by 2034, driven by advancements in GPS and automation technologies that enhance accuracy and operational efficiency.
How much is the Asia Pacific agricultural sprayers market worth?
The Asia Pacific region held over 50% of the global market share in 2024, driven by rising food production demands and the increasing adoption of modern farming techniques in countries like China, India, Vietnam, and Thailand.
How big is the agricultural sprayers market?
The global market size for agricultural sprayers was valued at USD 611.2 million in 2024 and is projected to reach USD 988.6 million by 2034, driven by a CAGR of 4.5% during the forecast period, fueled by the increasing adoption of precision agriculture techniques and efficient crop protection methods.
Who are the major players in the agricultural sprayers industry?
Major players in the industry include AGCO, CNH Industrial, Excel Industries, Jacto, John Deere, Kubota, Kuhn, Mahindra & Mahindra, Valtra, and YTO Group.