Asia Pacific Agriculture Spraying Equipment Market Size & Outlook
The agriculture spraying equipment market in Asia Pacific is expected to reach a projected revenue of US$ 1,609.7 million by 2030. A compound annual growth rate of 5.7% is expected of Asia Pacific agriculture spraying equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,095.6
Forecast, 2030 (US$M)
$1,609.7
CAGR, 2024 - 2030
5.7%
Report Coverage
Asia Pacific
Asia Pacific agriculture spraying equipment market, 2018-2030 (US$M)
Asia Pacific agriculture spraying equipment market highlights
- The Asia Pacific agriculture spraying equipment market generated a revenue of USD 1,095.6 million in 2023.
- The market is expected to grow at a CAGR of 5.7% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 1,095.6 million |
| Market revenue in 2030 | USD 1,609.7 million |
| Growth rate | 5.7% (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 |
| Key market players worldwide | Deere & Co, Kubota Corp, CNH Industrial NV, AGCO Corp, Mahindra & Mahindra Ltd DR, STIHL, DJI, Yamaha Motor Co Ltd, Exel Industries, Buhler Industries Inc, Ecorobotix |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 35.0% of the global agriculture spraying equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,609.7 million by 2030.
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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 |
|---|
Asia Pacific agriculture spraying equipment market
Related regional statistics
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