Thresher Market: Global Outlook and Forecast Based on Upcoming Automotive Industry Trends Analysis through 2026

Posted on 2019-10-07 by Mark Hub in Automotive // 0 Comments

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 threshers market 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. According to Fact.MR, the adoption of threshers in the global agriculture industry will evolve at a sluggish pace in the foreseeable years. During the period, 2017-2026, the global market for threshers will incur a value growth at 3.3% CAGR. High prices and uneconomical maintenance costs will demote the sales of threshers among farmers, who will also find hardships in coping with high interest rates levied on loans for purchasing heavy fieldwork machines such as threshers. By the end of 2026, a little over 1 million units of threshers are expected to be sold worldwide.

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The trend of mechanization continues to penetrate farming activities, wherein a range of agricultural equipment and machines provide the essential input to increase the crop yield. Threshers are among the key heavy fieldwork machineries in agriculture industry that can directly enhance the farm produce by effectively separating the grains and seeds from the chaff. As agricultural mechanization continues to gain grounds across the globe, new technologies and equipment are being integrated in the development of advanced threshers that separate the seeds from the straw and chaff, and also remove their stalks and husks to protect the quality of grains. In the near future, threshers will continue to increase the profitability of such farming activities, eliminating the drudgery of labor-intensive agricultural systems. However, purchase and maintenance of threshers entails high capital investment, lowering its scope for adoption among local farmers and small agricultural communities.

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.

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.

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.

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Prominent manufacturers namely, Mahindra and Mahindra, Derre And Company, Rizhao Peakrising International Co. Ltd, Deluxe Agro Industries, AGCO, Wuhan acme agro-tech co. ltd, Golden machinery equipment co. ltd, Zhaoqing Fengxiang Food Machinery Co. Ltd, Hunan Sunfield Agricultural Machinery Co., Ltd., Shandong Guangzhong Machinery Co., Ltd, ALMACO, ALVAN BLANCH, Amisy Farming Machine, Zhengzhou aix machinery equipment co. ltd, Cicoria, Vishwakarmaagro, Iseki and Co., and Amar Agriculture Machinery Group will be instrumenting the global production of threshers in the coming years.

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