- Flat Bottom Silos,
- Hopper Silos,
- Grains Bins and
- Other Silo Types
The Silos And Storage System Market size is valued at USD 1.4 billion in 2022 and is expected to reach a value of USD 2.0 billion by 2029, growing at a CAGR of 5.2% during the forecast period 2023 to 2029. The global market provides a detailed overview, which has been segmented by silo type, type, and commodity type. The silos and storage system market has been segmented by Flat Bottom Silos, Hopper Silos, Grains Bins, and Other Silo Types. The Grains Bins segment is likely to be the largest and fastest-growing segment in terms of silo types. The silos and storage system market has been segmented into Steel Silos, Metal Silos, and Other Types. The Steel Silos segment accounted for a significant revenue share in 2021. Based on commodity type, the silos and storage system are segmented into Rice, Maize, Wheat, Soybean, and Others. According to precision business insights, the Maize segment is predicted to register the fastest growth rate during the forecast period.
Silos And Storage System Market Key Development:
- In March 2020, PRADO SILOS completed the installation of two flat bottom silos in Argentina to store wheat. Each silo has a capacity of 9,300 tons of grain.
Silos And Storage System Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.2%
Largest Market
Asia-Pacific
Fastest Growing Market
North America
Silos and Storage System Market Dynamics
The grain storage silos market has been driven by rising demand for grain storage from the world's top grain-producing countries, such as the United States, Russia, India, Brazil, and others. Furthermore, rising input costs and the requirement for significant investment in grain storage have increased demand for silos across the board.
North-America Got Significant Share
Silos and Storage System Market Regional Analysis
The North American market is expected to witness the largest market share during the forecast period.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The silos and storage system market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
- The report covers in-detail insights about the competitors overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Silos And Storage System Market Segmentation
By Silo Type
By Type
- Steel Silos,
- Metal Silos and
- Other Types
By Commodity Type
- Rice,
- Maize,
- Wheat,
- Soybean and
- Others
Frequently Asked Questions
The silos and storage system market is projected to expand at a CAGR of 5.2% during the forecast period.
The primary global silos and storage system market players are Agco Corporation, Agi, and Behlen Mfg. Co., Bentall Rowlands Silo Storage Ltd., Brock Grain Systems, Mulmix Spa Unipersonale, Mysilo, Planet Sp. Z O.O., Prado Silos, Privé Sa, Silos Córdoba, Simeza, Sukup Manufacturing Co., and Symaga.
Asia Pacific
| 1. Executive Summary |
| 2. Global Silos and Storage System Market Introduction |
| 2.1. Global Silos and Storage System Market - Taxonomy |
| 2.2. Global Silos and Storage System Market - Definitions |
| 2.2.1. By Silo Type |
| 2.2.2. By Type |
| 2.2.3. By Commodity Type |
| 2.2.4. By Region |
| 3. Global Silos and Storage System Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Silos and Storage System Market Dynamic Factors - Impact Analysis |
| 4. Global Silos and Storage System Market Analysis, 2018-2022 and Forecast, 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Silos and Storage System Market, By Silo Type, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.1. Flat Bottom Silos |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Hopper Silos |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Grains Bins |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Other Silo Types |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Silos and Storage System Market, By Type, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.1. Steel Silos |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Metal Silos |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Other Types |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7. Global Silos and Storage System Market, By Commodity Type, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.1. Rice |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Maize |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Wheat |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Soybean |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Sunflower |
| 7.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Others |
| 7.6.1. Market Analysis, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 7.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 8. Global Silos and Storage System Market Forecast, By Region, 2018-2022 and Forecast, 2023-2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Silos and Storage System Market - Opportunity Analysis Index, By Silo Type, Type, Commodity Type, and Region, 2023-2029 |
| 9. North America Silos and Storage System Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 9.1. Silo Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Flat Bottom Silos |
| 9.1.2. Hopper Silos |
| 9.1.3. Grains Bins |
| 9.1.4. Other Silo Types |
| 9.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Steel Silos |
| 9.2.2. Metal Silos |
| 9.2.3. Other Types |
| 9.3. Commodity Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Rice |
| 9.3.2. Maize |
| 9.3.3. Wheat |
| 9.3.4. Soybean |
| 9.3.5. Sunflower |
| 9.3.6. Others |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Silos and Storage System Market - Opportunity Analysis Index, By Silo Type, Type, Commodity Type, and Country, 2023-2029 |
| 9.6. North America Silos and Storage System Market Dynamics - Trends |
| 10. Europe Silos and Storage System Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 10.1. Silo Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Flat Bottom Silos |
| 10.1.2. Hopper Silos |
| 10.1.3. Grains Bins |
| 10.1.4. Other Silo Types |
| 10.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Steel Silos |
| 10.2.2. Metal Silos |
| 10.2.3. Other Types |
| 10.3. Commodity Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Rice |
| 10.3.2. Maize |
| 10.3.3. Wheat |
| 10.3.4. Soybean |
| 10.3.5. Sunflower |
| 10.3.6. Others |
| 10.4. Country Analysis 2018-2022and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Rest of Europe |
| 10.5. Europe Silos and Storage System Market - Opportunity Analysis Index, By Silo Type, Type, Commodity Type, and Country, 2023-2029 |
| 10.6. Europe Silos and Storage System Market Dynamics - Trends |
| 11. Asia-Pacific Silos and Storage System Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 11.1. Silo Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Flat Bottom Silos |
| 11.1.2. Hopper Silos |
| 11.1.3. Grains Bins |
| 11.1.4. Other Silo Types |
| 11.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Steel Silos |
| 11.2.2. Metal Silos |
| 11.2.3. Other Types |
| 11.3. Commodity Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Rice |
| 11.3.2. Maize |
| 11.3.3. Wheat |
| 11.3.4. Soybean |
| 11.3.5. Sunflower |
| 11.3.6. Others |
| 11.4. Country Analysis 2018-2022and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. Japan |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Silos and Storage System Market - Opportunity Analysis Index, By Silo Type, Type, Commodity Type, and Country,2023-2029 |
| 11.6. Asia-Pacific Silos and Storage System Market Dynamics - Trends |
| 12. Latin America Silos and Storage System Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 12.1. Silo Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Flat Bottom Silos |
| 12.1.2. Hopper Silos |
| 12.1.3. Grains Bins |
| 12.1.4. Other Silo Types |
| 12.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Steel Silos |
| 12.2.2. Metal Silos |
| 12.2.3. Other Types |
| 12.3. Commodity Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Rice |
| 12.3.2. Maize |
| 12.3.3. Wheat |
| 12.3.4. Soybean |
| 12.3.5. Sunflower |
| 12.3.6. Others |
| 12.4. Country Analysis 2018-2022and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Colombia |
| 12.4.5. Rest of Latin America |
| 12.5. Latin America Silos and Storage System Market - Opportunity Analysis Index, By Silo Type, Type, Commodity Type, and Country, 2023-2029 |
| 12.6. Latin America Silos and Storage System Market Dynamics - Trends |
| 13. Middle East and Africa Silos and Storage System Market Analysis, 2018-2022and Forecast, 2023-2029(Revenue, USD Mn) |
| 13.1. Silo Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Flat Bottom Silos |
| 13.1.2. Hopper Silos |
| 13.1.3. Grains Bins |
| 13.1.4. Other Silo Types |
| 13.2. Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Steel Silos |
| 13.2.2. Metal Silos |
| 13.2.3. Other Types |
| 13.3. Commodity Type Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 13.3.1. Rice |
| 13.3.2. Maize |
| 13.3.3. Wheat |
| 13.3.4. Soybean |
| 13.3.5. Sunflower |
| 13.3.6. Others |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. South Africa |
| 13.4.3. Rest of MEA |
| 13.5. MEA Silos and Storage System Market - Opportunity Analysis Index, By Silo Type, Type, Commodity Type, and Country, 2023-2029 |
| 13.6. MEA Silos and Storage System Market Dynamics - Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Key Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. AGCO CORPORATION |
| 14.2.2. AGI |
| 14.2.3. BEHLEN MFG. CO. |
| 14.2.4. BENTALL ROWLANDS SILO STORAGE LTD. |
| 14.2.5. BROCK GRAIN SYSTEMS |
| 14.2.6. MULMIX SPA UNIPERSONALE |
| 14.2.7. MYSILO |
| 14.2.8. POLNET SP. Z O.O. |
| 14.2.9. PRADO SILOS |
| 14.2.10. PRIVÉ SA |
| 14.2.11. SILOS CÓRDOBA |
| 14.2.12. SIMEZA |
| 14.2.13. SUKUP MANUFACTURING CO. |
| 14.2.14. SYMAGA |
| 15. Research Methodology |
| 16.Key Assumptions and Acronyms |
- AGCO CORPORATION
- AGI
- BEHLEN MFG. CO.
- BENTALL ROWLANDS SILO STORAGE LTD.
- BROCK GRAIN SYSTEMS
- MULMIX SPA UNIPERSONALE
- MYSILO
- POLNET SP. Z O.O.
- PRADO SILOS
- PRIVa SA
- SILOS CÓRDOBA
- SIMEZA
- SUKUP MANUFACTURING CO.
- SYMAGA