Grain Silos and Storage System Market size, trend To Reach USD 1.85 Billion By 2028
The global grain silos and storage market is predicted to expand from USD 1.30 billion in 2020 to USD 1.85
billion by 2028, registering a CAGR of 5.1% during the projection time. The
growing production of high-quality food grains through post-harvest management
and efficient storage systems is approximated to increase the market for grain
silos and storage systems.
Silos
are specially designed containers used for storing products in bulk for long
durations. The silos are widely used in industrial and agricultural
applications. A well-maintained, air-tight silo with optimum temperature and
other conditions is expected to remain unharmed for many years.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3904
The
demand for grain silos is augmenting due to the increasing requirement for
storing food grains for a more extended period. Several farmers from the
developed countries are investing in the market to install silos systems for
storing grains. Factors such as cost-effectiveness, high durability, and low
requirement of the workforce are driving the market demand for grain silos and
storage systems.
The
surging rate of food wastage and post-harvest losses is attributing to the
market growth of grain silos and storage systems.
These
silos are preferred over warehouses as they offer better storage, require
better ground space, and low assembling costs. The optimum conditions protect
the seeds and grains from external weather conditions and pests and
rodents.
The
technological advances in agriculture and the high requirement of quality
storage are expected to boost the market for grain silos and storage systems.
Moreover, leading market players are investing in the R&D of products and
are coming up with strategies for the merger, collaborations to retain their
market footprint.
The
coronavirus pandemic has adversely hampered the global demand for grain silos
and storage system market. Due to lack of labor and disruptions in the supply
chain, many plants were closed during the initial lockdown days.
Request
a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3904
Further key findings:
·
The flat bottom silos segment is
expected to observe considerable growth during the projection period. These
bottom silos are cheaper in cost and easy setup processes for long-term
storage.
·
North America attributed to the
largest market share in 2020 and is expected to dominate the market during the
projection period owing to the rising awareness of precision agriculture.
Moreover, the involvement of market players for developed grain silos in North
America is evaluated to increase the market growth.
·
The Asia Pacific region market
occupied a significant market revenue in 2020 and is presumed to increase at
the highest CAGR during the predicted timeframe. The growing occurrences of
post-harvest losses, either due to environmental factors or due to pests and
rodents, are aggregating the growth of the grain silos and storage
systems.
Key players:
Sukup
Manufacturing Co. (US), Sioux Steel Company (US), MICHA£ (Poland), AGI
(Canada), Privé SA (France), Behlen Mfg. Co. (US), SCAFCO Grain Systems Co.
(US), Superior Grain Equipment (US), and Hoffmann, Inc. (US), and MULMIX SpA
Unipersonale (Italy) AGCO Corporation (US), Silos Córdoba (Spain), PRADO SILOS
(Spain), Symaga (Spain), SIMEZA (Spain), Bentall Rowlands Silo Storage Ltd
(UK), Dehºetiler Makina (Turkey), Mysilo (Turkey), Brock Grain Systems (US), are the key market players.
To identify the key trends in the industry, click on the link
below: https://www.reportsanddata.com/report-detail/grain-silos-and-storage-system-market
For this study, Reports and Data has segmented the
grain silos and storage market based on commodity type, Silo Type, Form, and
Region:
Based on silo type: (Revenue, USD Billion, 2021 - 2028)
·
Grains bins
·
Hopper silos
·
Flat bottom silos
·
Other silo types Bags
·
Synthetic silos
·
Bunkers
·
Towers
Based commodity type: (Revenue, USD Billion, 2021 - 2028)
·
Sunflower
·
Rice
·
Wheat
·
Maize
·
Soybean
Other commodity types: (Revenue, USD Billion, 2021 - 2028)
·
Sorghum
·
Barley
Based on region: (Revenue, USD Billion, 2021 - 2028)
·
North America
·
Europe
·
Asia Pacific
·
South America
·
Rest of World (RoW)
Table of contents:
Chapter 1. Methodology and Scope
1.1. Market Segmentation &
Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources
& Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis
Models
1.5. Market Formulation & Data
Visualization
1.6. Data Validation &
Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Drip Irrigation Market Variables,
Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth
Prospect Mapping
3.3. Industry Value Chain
Analysis
3.3.1. Sales/Retail
Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver
Analysis
3.4.2. Market Restraint
Analysis
3.4.3. Industry
Challenges
3.4.4. Industry
Opportunities
3.5. Business Environment
Analysis
3.5.1. Industry Analysis
3.5.1.1. Supplier
Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution
Threat
3.5.1.4. Threat from
New Entrant
3.5.1.5. Competitive
Rivalry
3.6. Roadmap of Grain Silos
and Storage Systems Market
3.7. Market Entry Strategies
3.8. Impact of COVID-19 the
Grain Silos and Storage Systems Market
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and
Preferences
4.2. Factors Affecting Buying
Decision
4.3. Consumer Product Adoption
4.4. Observations &
Recommendations
Continued…….
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/3904
Thank you for reading our report.
Please connect with us to know more about the report or for requesting
customization of the report. Our team till will connect with you in the
shortest possible time with a report that best meet your requirements.
Browse more report:
Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Reports and Data | Web: www.reportsanddata.com
News: www.reportsanddata.com/market-news
Connect with us: Facebook | LinkedIn | Twitter
Comments
Post a Comment