Market Trends of Asia-Pacific Agricultural Sprayer Industry
This section covers the major market trends shaping the APAC Agricultural Sprayer Market according to our research experts:
Increase in Average Farm Size Leading to Adoption of Tractor-Mounted Sprayers
An increase in average farm size has resulted in increased adoption of tractor operated sprayers, as it is more convenient and saves time and energy of the farmer compared to portable sprayers. Farmers today have to control for bugs, weeds, and many other plant-borne diseases. So, owning their own large-sized sprayers helps growers in the region to target various farming applications. The high resale value of the equipment is driving the farmers to go for self-propelled sprayers in the region. The increasing average farm size is, therefore, leading to taking on the advanced and upgraded large sprayers over the inefficient older sprayers to meet the farm need, thereby increasing its market growth in the Asia-Pacific region during the forecasted period.
Technological Advancements in Sprayers
Technological advancements have been a common factor driving the sprayers market. The companies are highly indulged in the constant upgrade of their offerings and launching new technology in order to meet the farmers' demand. Companies, like ASPEE and GUSS, are involved in making an investment heavily in R&D activities to launch more advanced products. For instance, Goldacres Pty Ltd launched a high-specification 4,000 liters (1,050 gals) self-propelled sprayer designed primarily for vegetable crop protection. The advanced technology has a high penetration rate among the competitors in the market and thereby boosting the market growth for sprayers in the region during the forecast period.
