Manufacturers of Thresher Market To Benefit From Lucrative Growth Opportunities On Account Of Increasing Adoption : Fact.MR

Rockville, United States , 2022-May- 09 — /EPR Network/ — 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.

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.

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Market Taxonomy

Region
  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA
Product Types
  • Drummy type
  • Hammer mill type
  • Spike-tooth type
  • Raspbar type
  • Wire-loop type
  • Axial flow type
  • Syndicator type
Mechanism Type
  • Manual
  • Hydraulic
  • Hybrid
Crop Type
  • Wheat Thresher
  • Rice Thresher
  • Corn Sheller
  • Maize Dehusker/Sheller
  • Groundnut Thresher
  • Sunflower Thresher
  • Other Crops

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Key Deterrents for Adoption of Threshers

The mechanical advantage of threshers in farming activities is high on productivity, wherein new threshing technologies will be improving the quality of the harvest for future generations. Regardless, the sales of threshers are less likely to incur impressive growth in 2018 and beyond. Factors deterring farmers from purchasing threshers have been analyzed in the report, which include:

  • consistently high prices of threshers across the globe
  • cost-intensive maintenance of heavy fieldwork machines
  • challenges faced by traditional agricultural enterprises in terms of adapting to the advancements in threshers
  • high APRs of agricultural loans for threshers

It has been estimated that majority of local farmers across multiple geographies in the world will consider not buying threshers, which will incidentally drive the leasing or renting of these heavy machines.

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Report Benefits & Key Questions Answered

  • Advanced Threshers Company & brand share analysis: The report offers in-depth Advanced Threshers brand share analysis to estimate percentage of the market covered by Tier 1, Tier 2, and Tier 3 companies
  • Advanced Threshers Historical volume analysis: The report offers a comparative analysis between historic sales of Advanced Threshers and projected sales performance for 2021-2031
  • Advanced Threshers Category & segment level analysis: Fact MR presents a comprehensive analysis of factors enabling sales growth across key segments. It underscores chief growth drivers and offers valuable information to identify sales prospects a local and regional levels
  • Advanced Threshers Consumption by demographics: To offer informed recommendation, the report studies behavior and consumption pattern of consumers. The demographics analysis is intended at helping business better understand consumer preference and design their product and market strategies around it
  • Post COVID consumer spending on Advanced Threshers: The Fact MR market survey carefully studies consumer spending behavior post COVID-19. It gauges how prevailing trends have influenced their behavior, subsequently impacting their spending power

More Valuable Insights on Advanced Threshers Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Advanced Threshers, Sales and Demand of Advanced Threshers, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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