Emphasis on Food Security Accelerates Agricultural Sprayers Market Demand by 6% CAGR [MarketWatch]
AGCO Corporation (AGCO)
Last agco corporation earnings: 2/6 07:30 am
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Source: MarketWatch
NEW YORK, Dec. 2, 2021 /PRNewswire via COMTEX/ -- NEW YORK, Dec. 2, 2021 /PRNewswire/ -- The global agricultural sprayers market size is forecast to top US$ 3.2 Bn by 2031, exhibiting growth at 6% CAGR, opines Fact.MR in a recent market analysis. Ongoing technological advancements in farm equipment are spurring demand for agricultural sprayers, creating lucrative growth opportunities for players in the market. Farmers worldwide are seeking farm equipment that would help them improve efficiency and profitability. In response to these, players are launching technology-equipped modern sprayers to battery-operated sprayers to improve efficiency, accuracy, and productivity in farms. As farmers are getting more aware of crop protection and food quality, demand for advanced spraying machinery is on the rise. In addition to this, increasing applications of agrochemicals to improve crop yield sustainably is expected to boost sales, thereby augmenting the growth in the market. Further, y
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News
- AGCO Co. (NYSE: AGCO) had its price target raised by analysts at Oppenheimer Holdings Inc. from $153.00 to $154.00. They now have an "outperform" rating on the stock.MarketBeat
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AGCO
Earnings
- 2/6/24 - Miss
AGCO
Sec Filings
- 4/17/24 - Form SC
- 4/16/24 - Form 8-K
- 4/10/24 - Form SC
- AGCO's page on the SEC website