The market size of grain silos and storage systems will reach US $ 1.85 …
(MENAFN – GetNews) Factors such as profitability, high durability and low labor requirements are driving the market demand for grain silos and storage systems.
The global grain elevator and storage market is expected to grow from USD 1.30 billion in 2020 to USD 1.85 billion by 2028, registering a CAGR of 5.1% during the projection period. Increasing production of high quality food grains through post harvest management and efficient storage systems is approached to increase the market for grain silos and storage systems.
Silos are containers specially designed for the storage of bulk products for long periods of time. Silos are widely used in industrial and agricultural applications. A well-maintained airtight silo with optimum temperature and other conditions should remain unharmed for many years.
The demand for grain elevators is increasing due to the increasing need to store food grains for a longer period. Several farmers in developed countries are investing in the market to install silo systems for grain storage. Factors such as profitability, high durability and low labor requirements are driving the market demand for grain silos and storage systems.
For a FREE sample PDF copy of the report @ The high rate of food waste and post harvest losses is attributable to the growing market for grain silos and storage systems.
These silos are preferred over warehouses because they offer better storage, require better floor space and low assembly costs. Optimal conditions protect seeds and grains from outdoor weather conditions, pests and rodents.
Technological advancements in agriculture and high requirements for quality storage are expected to drive the market for grain silos and storage systems. In addition, the main market players invest in product R & D and propose merger strategies, collaborations to keep their footprint on the market.
The coronavirus pandemic has hampered global demand for grain elevators and storage systems. Due to a lack of manpower and disruption in the supply chain, many factories were closed during the first days of the lockdown.
AGCO Corporation (United States), Silos CÃ³rdoba (Spain), PRADO SILOS (Spain), Symaga (Spain), SIMEZA (Spain), Bentall Rowlands Silo Storage Ltd (United Kingdom), DehÂºetiler Makina (Turkey), Mysilo (Turkey ), Brock Grain Systems (United States), Sukup Manufacturing Co. (United States), Sioux Steel Company (United States), MICHA Â£ (Poland), AGI (Canada), PrivÃ© SA (France), Behlen Mfg. Co. (USA), SCAFCO Grain Systems Co (USA), Superior Grain Equipment (USA) and Hoffmann, Inc. (USA) and MULMIX SpA Unipersonale (Italy) are the main players in the market.
For this study, Reports and Data segmented the grain silos and storage market on the basis of product type, silo type, shape, and region:
Based on silo type: (Revenue, billion USD, 2021 – 2028)
- Market revenue share by major business players, by type, application and scope of Global Grain Silos and Storage System Market
- Turnover of the main players and new entrants
- Competitive analysis of major players including company presentation, product or service specifications, suppliers and buyers.
- Regional analyzes of recent mergers, acquisitions, product launches, investments and joint ventures to provide insight into recent trends and opportunities
To learn more about the @ report Contents:
Chapter 1. Methodology and scope
Chapter 2. Executive summary
2.1. Market outlook
2.2. Sector perspectives
2.3. Competition overview
Chapter 3. Variables, Trends and Scope of Drip Irrigation Market
3.1. Market overview
3.2. Mapping of penetration and growth prospects
Chapter 4. Analysis of consumer behavior
4.1. Consumer trends and preferences
Chapter 9. Company Profiles
9.1. AGCO Corporation (United States)
11.1.1. Company presentation
11.1.2. Financial performance
11.1.3. Comparative analysis of products
11.1.4. Strategic initiatives
9.2. Symaga (Spain)
9.3. Superior grain equipment (US)
9.4. MULMIX SpA Unipersonale (Italy)
9.5. Grain Systems Co. (United States)
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