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Thresher Market: Mechanical Advantages of Threshers Equipped shall Bolster their Sales || key Players: olden machinery equipment co. ltd., Shandong Guangzhong Machinery Co., Ltd.,

03-06-2019 02:24 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Thresher Market: Mechanical Advantages of Threshers Equipped

With soaring food consumption levels, agricultural sectors of developed as well as developing economies are striving to boost the production of farmlands and increase profitability. Agricultural mechanization continues to be recognized as a pivotal force that aims to increase farm outputs through the use of heavy fieldwork machines and equipment such as threshers. Farmers are using threshers to increase profitability of harvesting, threshing and other common farming activities.

Over the years, threshers have instrumentally enhanced the productivity of labor-intensive farming activities by eliminating the drudgery associated with such agricultural systems. However, buying a thresher will continue to be unaffordable for local farmers in the future. Private farm lands and agro-industrialists will also face the brunt of high prices while adopting multiple threshers for large-scale farming applications.

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Fact.MR foresees a sluggish growth for the 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.

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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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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.

 About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized 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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