Global Agriculture Spraying Equipment Market Size & Outlook
The agriculture spraying equipment industry worldwide is expected to reach a projected revenue of US$ 4,415.6 million by 2030. A compound annual growth rate of 5% is expected of the worldwide agriculture spraying equipment industry from 2024 to 2030.
Revenue, 2023 (US$M)
$3,133.7
Forecast, 2030 (US$M)
$4,415.6
CAGR, 2024 - 2030
5%
Report Coverage
Worldwide
Global agriculture spraying equipment market, 2018-2030 (US$M)
Global agriculture spraying equipment market highlights
- The global agriculture spraying equipment market generated a revenue of USD 3,133.7 million in 2023 and is expected to reach USD 4,415.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 3,133.7 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 3,133.7 million |
| Market revenue in 2030 | USD 4,415.6 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 23.9% of the global agriculture spraying equipment market in 2023.
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Agriculture Spraying Equipment Market Scope
Agriculture spraying equipment market segmentation & scope
System
Rail-Guided Feeding Systems
Conveyor Feeding Systems
Self-Propelled Feeding Systems
Livestock
Ruminants
Poultry
Swine
Others
Countries
U.S.
Canada
Mexico
Germany
UK
France
China
Japan
India
South Korea
Australia
Brazil
South Africa
Saudi Arabia
UAE
Agriculture Spraying Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global agriculture spraying equipment market size, by regions, 2018-2030 (US$M)
Related regional statistics
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