Global Agricultural Threshers Market 2018-2022
About Agricultural Threshers
Agriculture thresher is a type of farm implement that is used for separating peas, soybeans, wheat, and other small grain and seed crops from their straw.
Technavio’s analysts forecast the Global Agricultural Threshers Market to grow at a CAGR of 2.90% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the agricultural threshers market. To calculate the market size, the report considers the revenue generated from the sale of single crop and multiple crop agricultural threshers across the globe.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report - Global Agricultural Threshers Market 2018-2022
Technavio recognizes the following companies as the key players in the global agricultural threshers market: ALMACO, Alvan Blanch, Cicoria, Mahindra & Mahindra, and Shrachi Agro.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing preference toward threshing machines with hydraulic adjustments. Agricultural threshers play a key role in determining the quality of grains which is expected to fuel a high demand for agricultural threshers in the next five years.”
According to the report, one driver influencing this market is the rising focus on ameliorating labor costs for post-harvesting. The manual method of threshing involves the beating of a sack on a wooden board which is a time-consuming process and the chances of crop losses are high. In addition, the portability of the threshing machine makes it a feasible agricultural equipment for farmers to increase the quality of threshing, which is expected to fuel the demand for agricultural threshers.
Further, the report states that one challenge affecting this market is the growing adoption of substitute products. The wide availability of substitute products such as combine harvester is a major challenge for the growth of the global agricultural rollers market.
Mahindra & Mahindra