Latin America Sprayer Market Size & Outlook, 2023-2030
The sprayer market in Latin America is expected to reach a projected revenue of US$ 488.1 million by 2030. A compound annual growth rate of 2.6% is expected of Latin America sprayer market from 2024 to 2030.
Revenue, 2023 (US$M)
$407.6
Forecast, 2030 (US$M)
$488.1
CAGR, 2024 - 2030
2.6%
Report Coverage
Latin America
Latin America sprayer market, 2018-2030 (US$M)
Latin America sprayer market highlights
- The Latin America sprayer market generated a revenue of USD 407.6 million in 2023.
- The market is expected to grow at a CAGR of 2.6% from 2024 to 2030.
- In terms of segment, self-propelled was the largest revenue generating product in 2023.
- Self-propelled is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 407.6 million |
| Market revenue in 2030 | USD 488.1 million |
| Growth rate | 2.6% (CAGR from 2023 to 2030) |
| Largest segment | Self-propelled |
| Fastest growing segment | Self-propelled |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Self-propelled |
| Key market players worldwide | AGCO Corp, CNH Industrial NV, Deere & Co, Exel Industries, Kubota Corp, The Toro Co, Stanley Black & Decker, Ariens |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.7% of the global sprayer market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 2,168.8 million by 2030.
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Sprayer Market Scope
Sprayer market segmentation & scope
Application
Field
Orchard
Gardening
Other
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Sprayer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America sprayer market
Related regional statistics
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