Grain Silos and Storage System Market: Market Segments: By Type (Flat bottom silos, Hopper silos, Grains bins and Other); By commodity type (Rice, Maize, Wheat, Soybean, Sunflower and Other); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030
Product Overview
Silos also perform the post-harvest management role as they act as collectors and distribution units of grain. Silos control the purpose of initial grain processing by drying, fumigating and cleaning grains in order to protect the grains. All these functions allow the demand for storage systems to expand in an upward direction of fashion.
Market Highlights
Grain Silos and Storage System Market is expected to project a notable CAGR of 4.5% in 2030.
Grain Silos and Storage System Market to surpass USD 3.4 billion by 2030 from USD 1.2 billion in 2019 at a CAGR of 4.5% throughout the forecast period, i.e., 2020-30. Farmers in developing and developed regions are investing in the set-up of silos which help to facilitate the storage of grains and which can be stored for a longer period of time under appropriate conditions, irrespective of the external weather conditions, which are some of the factors driving the growth of the market.
Grain Silos and Storage System Market: Segments
Flat bottom silos segment to grow with the highest CAGR during 2020-30
Grain Silos and Storage System Market is segmented by type into hopper silos, flat bottom silos, grain bins, and other silos type. Grain bins-based Grain Silos and Storage System, led the market in 2019, accounting for XX.X% of market share. The grain bins are built as vented, silver, and corrugated steel-structured containers provided in different heights that have a greater diameter than silos.
Grain Silos and Storage System Market: Market Dynamics
Drivers
Increasing Demand for Large Capacity and Cost-Effective Grain Storage
Increasing demand for grain storage from the world's leading grain-producing countries, namely the United States, Russia, India, Brazil, and others has driven the grain storage silos market. In addition, increasing input costs and the need for heavy investment in grain storage have led to an increase in demand for silos in all regions. Thanks to the automation of grain transport, silos are cost-effective grain storage types, resulting in low operational costs in the long run.
Restrain
High initial investments
Smallholder farmers in all regions of the world form the bulk of the increasing population. In order to generate high yields, they are devoid of suitable resources and facilities. The value of effective storage and maintenance of high-quality grains produced is increasingly unknown to these farmers.
Grain Silos and Storage System Market: Key Players
• Rostfrei Steels
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
• Titan (FB Industries Inc.)
• Superior Silo LLC
• Silos Cordoba
• Sioux Steel Company
• Hanson Silo Company
• Nelson
• Symaga
• P+W Metallbau GmbH & Co. KG
• Ahrens Agri
Grain Silos and Storage System Market: Regions
Grain Silos and Storage System Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Grain Silos and Storage System Market in Asia Pacific held the largest market share of XX.X% in the year 2019. The demand for grain silos & storage systems in Asia Pacific is projected to rise at the highest CAGR. With the presence of densely populated countries such as China and India, one of the main markets for grain silos and storage systems is expected to be the Asia Pacific region. The growing population and increasing income levels of the area are factors that are expected to drive demand for food and agricultural commodities in the coming years. On the other hand, because of urbanization, the area has limited arable land, insufficient water, low farm yields, and increased soil degradation conditions. China and India are ranked first and second at the global level in terms of rice and wheat production.
Grain Silos and Storage System Market report also contains analysis on:
Grain Silos and Storage System Market Segments:
By Type:
• Flat bottom silos
• Hopper silos
• Grains bins
• Other
By commodity type:
• Ruminant
• Poultry
• Swine
• Aquaculture
• Pets
• Horses
• Others
• Grain Silos and Storage System Market Dynamics
• Grain Silos and Storage System Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
FAQs on Grain Silos and Storage System Market
· Which segment is anticipated to hold the largest market share
· At what CAGR is the market anticipated to grow between 2020 and 2030
· Who are the key players in the Grain Silos and Storage System Market
· What could be the challenging factors in the growth of Grain Silos and Storage System Market
· What are the growth drivers for the Grain Silos and Storage System Market
Contents
1. Executive Summary
2. Grain Silos and Storage System Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Grain Silos and Storage System Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Grain Silos and Storage System Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Grain Silos and Storage System: Market Segmentation
12.1. By Regions
12.1.1. North America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Europe:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Asia-Pacific:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. MEA:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Latin America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Type: Market Share (2020-2030F)
12.2.1. Flat bottom silos, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Hopper silos, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Grains bins, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3 By Commodity type: Market Share (2020-2030F)
12.3.1. Rice, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Maize, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Wheat, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.4. Soybean, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.5. Sunflower, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. Company Profile
13.1.1. Rostfrei Steels.
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
13.2. Titan (FB Industries Inc.)
13.3. Superior Silo LLC
13.4. Silos Cordoba
13.5. Sioux Steel Company
13.6. Hanson Silo Company
13.7. Nelson
13.8. Symaga
13.9. P+W Metallbau GmbH & Co. KG
13.10. Ahrens Agri
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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