Market Overview:
The global storage silos market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for food and agricultural products, rising population, and growing industrialization. In terms of type, the tower silos segment is expected to lead the global storage silos market during the forecast period. This can be attributed to their ability to store large quantities of material and easy installation process.
Product Definition:
Storage Silos are a way of grouping related data together for the purposes of easier management. Storage silos can improve performance and make it easier to find information. They can also help to ensure that data is consistent across different applications and platforms.
Tower Silos:
Tower silos are used for storing agricultural products such as cereals, fertilizers and other farm produce. They are also used to store feed for livestock and pet food. The tower silo is a vertical storage device made up of steel or concrete with a large open space at the top where the product is stacked. It can be built on any size land area but its optimum height from ground to stack should not exceed 8 meters (26 feet).
Bunker Silos:
Bunker silos are used in storage silos for the collection of agricultural products such as soybeans, corn, wheat and barley. The structure is made up of steel pipes that are driven into the ground at a certain distance. These pipes serve the purpose of tubes inside a tube; they allow air to pass through but prevents rodents and other pests from entering into the stored product.
Application Insights:
The industry application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand from various industries, such as energy, chemicals, healthcare and pharmaceuticals, food & beverages among others.
The agriculture sector was one of the major applications that contributed significantly towards revenue generation in 2017. The sector has been witnessing an increase in investments from countries such as China and India due to rising population along with a rise in agricultural activities globally which has resulted in growing storage needs for farm produce across various regions globally including North America and Europe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing investments in data centers by companies for hosting their critical business applications and IT infrastructure, which will drive demand for high-density storage spaces.
Asia Pacific is projected to grow at a lucrative rate over the forecast period owing to rising demand from industries including manufacturing, healthcare & life sciences, and others that require long-term storage space with low costs of ownership. Rising disposable income of consumers coupled with rapid urbanization across emerging economies such as India and China are also driving growth across this region.
Europe was estimated at USD X million in 2017 owing to growing investments by governments towards developing smart cities initiative that includes building intelligent buildings or facilities with enhanced capabilities through advanced technologies such as big data analytics.
Growth Factors:
- Increasing demand for data storage: The global data storage market is expected to grow from .6 billion in 2016 to .9 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 24.2%. This growth can be attributed to the increasing volume of digital data being generated and stored due to the proliferation of connected devices and the Internet of Things (IoT).
- Shift from traditional storage media to cloud-based storage: The cloud-based storage market is growing at a rapid pace and is expected to reach 6.8 billion by 2021, at a CAGR of 31.0%. This growth can be attributed to the increasing acceptance of cloud-based services among businesses and consumers, as well as the declining costs associated with using these services.
- Emergence of big data analytics: Big data analytics is helping organizations make better decisions by extracting insights from large volumes of unstructured data sets. As big data analytics becomes more mainstream, organizations are increasingly looking for ways to store and process this information cost effectively using Storage Silos solutions providers such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Storage Silos Market Research Report
By Type
Tower Silos, Bunker Silos, Bag Silos, Others
By Application
Agriculture, Industry, Others
By Companies
Zeppelin Group, Silos Córdoba, Tornum, SODIMATE, Mysilo(SFA Group), AGI FRAME, Industrial Accessories Company, LIPP GMBH, P Square Technologies, Can Group Of Industries, Newtek Solidos S.L., SD Enviro Engineers, Tanaka Iron Works Co.,Ltd, NOVATEC, Kotzur, SILOTANK, McCoy Equipment, STB Engineering Ltd, NBE Holdings Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Storage Silos Market Report Segments:
The global Storage Silos market is segmented on the basis of:
Types
Tower Silos, Bunker Silos, Bag Silos, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zeppelin Group
- Silos Córdoba
- Tornum
- SODIMATE
- Mysilo(SFA Group)
- AGI FRAME
- Industrial Accessories Company
- LIPP GMBH
- P Square Technologies
- Can Group Of Industries
- Newtek Solidos S.L.
- SD Enviro Engineers
- Tanaka Iron Works Co.,Ltd
- NOVATEC
- Kotzur
- SILOTANK
- McCoy Equipment
- STB Engineering Ltd
- NBE Holdings Company
Highlights of The Storage Silos Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tower Silos
- Bunker Silos
- Bag Silos
- Others
- By Application:
- Agriculture
- Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Storage Silos Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Storage silos are a way of organizing data so that it can be accessed more easily. They are often used in business, where different departments need access to different parts of the data.
Some of the major players in the storage silos market are Zeppelin Group, Silos C³rdoba, Tornum, SODIMATE, Mysilo(SFA Group), AGI FRAME, Industrial Accessories Company, LIPP GMBH, P Square Technologies, Can Group Of Industries, Newtek Solidos S.L., SD Enviro Engineers, Tanaka Iron Works Co.,Ltd, NOVATEC, Kotzur, SILOTANK, McCoy Equipment, STB Engineering Ltd, NBE Holdings Company.
The storage silos market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Storage Silos Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Storage Silos Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Storage Silos Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Storage Silos Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Storage Silos Market Size & Forecast, 2020-2028 4.5.1 Storage Silos Market Size and Y-o-Y Growth 4.5.2 Storage Silos Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tower Silos
5.2.2 Bunker Silos
5.2.3 Bag Silos
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Storage Silos Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Storage Silos Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tower Silos
9.6.2 Bunker Silos
9.6.3 Bag Silos
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tower Silos
10.6.2 Bunker Silos
10.6.3 Bag Silos
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tower Silos
11.6.2 Bunker Silos
11.6.3 Bag Silos
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tower Silos
12.6.2 Bunker Silos
12.6.3 Bag Silos
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tower Silos
13.6.2 Bunker Silos
13.6.3 Bag Silos
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Storage Silos Market: Competitive Dashboard
14.2 Global Storage Silos Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zeppelin Group
14.3.2 Silos Córdoba
14.3.3 Tornum
14.3.4 SODIMATE
14.3.5 Mysilo(SFA Group)
14.3.6 AGI FRAME
14.3.7 Industrial Accessories Company
14.3.8 LIPP GMBH
14.3.9 P Square Technologies
14.3.10 Can Group Of Industries
14.3.11 Newtek Solidos S.L.
14.3.12 SD Enviro Engineers
14.3.13 Tanaka Iron Works Co.,Ltd
14.3.14 NOVATEC
14.3.15 Kotzur
14.3.16 SILOTANK
14.3.17 McCoy Equipment
14.3.18 STB Engineering Ltd
14.3.19 NBE Holdings Company