|05-29-2018 03:14 PM CET - Industry, Real Estate & Construction||
Global Thresher Market: Industry Estimated to Exceed US$ 3.38 billion by 2026-end
Press release from: Fact.MR
Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of thresher market. The study is titled as “Thresher Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global thresher market.
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Fact.MR foresees a sluggish growth for the global threshers market during the period, 2017-2026. It has been observed that in the near future, the demand for threshers will dwindle on the back of financial infeasibility. Over the forecast period, the global market for threshers is assessed to expand at a CAGR of 2.8% in terms of volume. Key presumptive scenarios developed in the forecast study estimate the global threshers market to touch a valuation of US$ 3.38 billion by the end of 2026.
Mechanical advantages of threshers equipped with hydraulics shall bolster their sales in the approaching years
Major players in the market are manufacturing threshers on hydraulics systems, offering machines that reflect high efficiency in terms of power transmission, torque consistency and economical maintenance. By 2026-end, more than half a million units of threshers sold in the global market will be developed on hydraulics mechanism. However, the demand for hybrid threshers will gain significant traction in the years to come. Over the forecast period, sales of threshers developed on hybrid mechanism will register a volume CAGR of 3.5%. Flexible operability, improved safety and sensor-integrated designs of hybrid threshers will drive their sales globally through 2026.
Spike-tooth threshers and axial flow threshers will collectively represent the largest share on global market value through 2026
The performance advantages of spike-tooth threshers will drive their adoption in developing countries. Less laborious operability of these threshers will drive their use across traditional agricultural landscape. Axial flow threshers are also expected to witness significant sales growth as farmers from around the world will be eyeing at their use in increasing the profitability of threshing and harvesting. By the end of 2026, axial flow threshers and spike-tooth threshers will collectively account for more than 45% of the overall global market value.
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High Profits of Threshing Cash Crops such as Wheat to Favor the Growth of Global Thresher Sales
Threshers are used in the farming of a variety of crops, wherein their key purpose of separating the grains and seeds from stalks and chaff differs from crop to crop. Cash crops such as wheat will be viewed as highly profitable for thresher manufacturers. More than one-fourth of thresher units manufactured across the globe are estimated to be used for wheat threshing through 2026. The report projects that by 2026-end, more than 250,000 units of wheat threshers will be sold worldwide.
Manufacturers to consider wheat threshing as the most profitable and suitable operation for their offerings
It has been estimated that wheat threshing will account for more than one-fourth share on global thresher market value throughout the forecast period. Majority of thresher manufacturers in the world will be improving the designs of their threshers to befit the needs of farmers with respect to threshing and harvesting of cash crops. High profitability of threshing a cash crop such as wheat will be lucrative for adoption of threshers. And, Derre And Company, Mahindra and Mahindra, Deluxe Agro Industries, Rizhao Peakrising International Co. Ltd, Wuhan acme agro-tech co. ltd, AGCO, Zhaoqing Fengxiang Food Machinery Co. Ltd., Golden machinery equipment co. ltd., Shandong Guangzhong Machinery Co., Ltd., Hunan Sunfield Agricultural Machinery Co., Ltd., ALVAN BLANCH, ALMACO, Zhengzhou aix machinery equipment co. ltd., Amisy Farming Machine, Vishwakarmaagro, Cicoria, Amar Agriculture Machinery Group, and Iseki and Co. will be the leading thresher manufacturers that will be spearheading the production in the global threshers market through 2026.
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Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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