Thresher Market

Thresher Market Outlook (2024 to 2034)

Revenue from the global thresher market size is estimated to reach US$ 76.33 billion in 2024. The market has been analyzed to climb to a value of US$ 146 billion by the end of 2034, expanding at a CAGR of 6.7% over the next decade.

Threshers are used to separate grains from wheat, rice, corn, and barley. They help farmers handle large amounts of crops to ensure timely harvesting and reduce post-harvest losses. The trend of mechanization in agriculture is being extensively used in a range of farming activities to increase crop yield. Threshers are among the key heavy fieldwork machinery in the agriculture industry that can directly enhance farm produce by effectively separating the grains and seeds from the chaff.

Key Market Growth Drivers

• Growing demand for food due to the expanding world population is a major driving force behind thresher market growth. As the world's population grows, so will the demand for food production.
• Threshers are significantly increasing agricultural productivity and efficiency, thereby contributing to meeting the world's growing food demand.
• Threshers eliminate the drudgery of labor-intensive agricultural systems.
• Farming operations are becoming more productive and efficient by replacing manual labor with mechanical equipment, which is why the sales of threshers are growing steadily.
• Farmers are growing a wider variety of crops, necessitating more versatile threshing equipment. Integration of IoT and smart technologies in the threshers is improving threshing efficiency and grain quality.
• As agricultural mechanization continues to gain ground across the globe, new technologies and equipment are being integrated with 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, thus increasing thresher market size.

Report Attribute	Detail
Thresher Market Size (2024E)	US$ 76.33 Billion
Projected Market Value (2034F)	US$ 146 Billion
Global Market Growth Rate (2024 to 2034)	6.7% CAGR
East Asia Market Growth Rate (2024 to 2034)	7.8% CAGR
North America Market Share (2024E)	28.6%
Manual Threshers Segment Value (2024E)	US$ 29.69 Billion
Hydraulic Threshers Segment Value (2024E)	US$ 21.75 Billion
Key Companies Profiled	Deere and Company; Mahindra and Mahindra; Deluxe Agro Industries; Rizhao Peakrising International Co. Ltd; Wuhan acme agro-tech co. ltd; AGCO; Zhaoqing Fengxiang Food Machinery Co. Ltd.; Golden Machinery Equipment Co. Ltd.; Shandong Guangzhong Machinery Co., Ltd.; Hunan Sunfield Agricultural Machinery Co., Ltd.; Alvan Blanch; ALMACO; Zhengzhou Aix Machinery Equipment Co., Ltd.; Amisy Farming Machine; Vishwakarma Agro; Cicoria; Amar Agriculture Machinery Group; Iseki and Co.

How is Use of Threshers Improving Farming Operations?

“Focus on Replacement of Labor-Intensive Manual Methods with Mechanized Farming”

Several factors are driving the global market for threshers, particularly the push for agricultural mechanization. Mechanized farming is replacing labor-intensive manual methods in many areas due to the need to increase labor productivity, reduce reliance on physical labor, and address labor shortages. Threshers offer a solution by automating grain separation, allowing farmers to cover more ground and produce more efficiently.

Mechanization enables farmers to better utilize their resources, increase production, and decrease labor requirements. The popularity of threshers in agricultural operations is expected to grow as new models with cutting-edge features and technologies-such as increased capacity, improved grain quality, and lower power consumption-are introduced.

What are a Key Challenge Faced in This Market?

“Poor Infrastructure in Rural Areas Preventing Effective Deployment and Operation of Threshers”

One of the most pressing issues confronting sales of threshers is the availability and affordability of threshers, particularly for small-scale farmers in developing countries. The high cost of threshers makes it difficult for budget-sensitive farmers to purchase this agricultural equipment.

Poor infrastructure in rural areas, such as substandard road systems and limited access to power, is also impeding the deployment of threshers. This is critical for widespread acceptance and expansion of the market, particularly in developing countries, to address the cost issue and improve access to thresher technology through financing options, government subsidies, and infrastructure development.

Country-wise Insights

North America is expected to hold a global thresher market share of 28.6% in 2024. Asia Pacific holds a significant market share due to the vast agricultural activity in countries such as China and India, where threshers are widely used for a variety of crops. The presence of major agricultural machinery manufacturers is also beneficial to players in the region. North America follows closely, with mechanical farming methods used in countries such as the United States and Canada, which account for a significant market share.

As a result of increased investments in agricultural mechanization and adoption of cutting-edge farming technologies, the Asia Pacific region is also experiencing steady growth. Other regions, such as Europe, South America, the Middle East, and Africa, all have their market dynamics that are influencing sales of threshers.

What are the Opportunities for Manufacturers of Threshers in the United States?

“Manufacturers Considering Expanding into Related Agricultural Equipment”

Attribute	United States
Market Value (2024E)	US$ 9.3 Billion
Growth Rate (2024 to 2034)	10.3% CAGR
Projected Value (2034F)	US$ 24.89 Billion

The United States is estimated to account for a market share of 42.6% in North America in 2024. The United States has a large, technologically advanced agricultural sector. These threshers are primarily used for grain crops such as wheat, rice, and beans. Farm consolidation in the country is leading to larger, more industrialized farms. These operations are frequently using combined harvesters rather than separate threshers, reducing demand for standalone threshing machines.

Manufacturers are considering expanding into related agricultural equipment or providing comprehensive post-harvest solutions. This is a key thresher market trend. Developing eco-friendly, energy-efficient threshers aligns with agricultural sustainability trends and is appealing to environmentally conscious farmers.

Why is China Becoming a Hub for the Production of Threshers?

“Policies and Subsidies to Encourage Farm Mechanization”

Attribute	China
Market Value (2024E)	US$ 17.87 Billion
Growth Rate (2024 to 2034)	8.8% CAGR
Projected Value (2034F)	US$ 41.63 Billion

China is expected to rule over the East Asia thresher market with a major revenue share of 55.6% in 2024. China is rapidly modernizing its agricultural sector, shifting from manual labor to mechanized farming. This shift has resulted in a high demand for agricultural equipment, including threshers. The government in China is implementing policies and subsidies to encourage farm mechanization, directly increasing the demand for agricultural equipment such as threshers.

Category-wise Insights

The thresher market is categorized by product and mechanism. By product, the segment is further segmented into drummy, hammer mill, spike tooth, rasp bar, wire-loop, axial flow, and syndicators, of which axial flow is expected to hold a key share of the market with 22.3% in 2024.

Performance advantages of spike-tooth threshers are expected to drive their adoption in developing countries. The less laborious operability of these threshers is projected to drive their use across traditional agricultural landscapes. Prominent 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.

Why are Manual Threshers Preferred Over Others?

“Ease of Transportation of Manual Threshers to Different Locations”

Attribute	Manual Threshers
Segment Value (2024E)	US$ 29.69 Billion
Growth Rate (2024 to 2034)	5.4% CAGR
Projected Value (2034F)	US$ 50.37 Billion

Manual threshers are set to have a global market share of 38.9% in 2024. These threshers have lower initial investment than motorized or automated threshers and also have lower operating costs as it does not require fuel or electricity to run.

It has fewer complex mechanisms, making it easier to operate and maintain, and is suitable for farmers having limited technical knowledge. Typically, lighter and more compact than powered alternatives make manual threshers a preferred choice for many. Manual threshers can easily be transported to various locations within a farm or between small plots.

Why are Axial Flow Threshers in Increased Demand Worldwide?

“High Demand for Fuel-efficient Vehicles”

Attribute	Axial Flow
Segment Value (2024E)	US$ 17.02 Billion
Growth Rate (2024 to 2034)	8.2% CAGR
Projected Value (2034F)	US$ 37.37 Billion

Axial flow threshers are expected to witness significant sales growth as farmers from around the world will be eyeing their use in increasing the profitability of threshing and harvesting. Axial flow is more in use as it improves the threshing and separation process and is capable of handling larger amounts of crops in less time. They are also able to manage a broad range of crops with little modification and are suitable in both wet and dry conditions. They are also helpful in separating grain from chaff reducing post-threshing processing and yielding cleaner grain.

Competitive Landscape

Key players in the thresher market across the world are focusing on improving the designs of their threshers to befit the needs of farmers concerning the threshing and harvesting of cash crops.

• In May 2022, John Deere acquired an algorithm package from AI firm Light to accelerate the transition to automated farming. The acquisition will allow Deere to automate its agricultural equipment and deploy multi-array camera technology. They intend to incorporate AI into their product line to improve equipment speed and safety while reducing the need for human intervention. John Deere has made significant progress toward fully autonomous farming by utilizing cutting-edge algorithms.
• CIMMYT's Feed the Future Mechanization and Extension Activity, funded by USAID, aims to address challenges in small grain processing and provide farmers with new market opportunities, therefore they launched a thresher in Zimbabwe in March 2024. The launch of this multi-crop thresher not only reduces the physical strain of manual threshing but also improves the overall quality of small-grain products. This innovation is a critical step toward increasing small grain production and consumption in Zimbabwe, thereby contributing to food security and improved farmer livelihoods.

Fact.MR provides detailed information about the price points of leading manufacturers of threshers positioned across the world, sales growth, production capacity, and technological advancements, in this recently updated market report.

Segmentation of Thresher Market Research

• By Product Type :

  • Drummy
  • Hammer Mill
  • Spike Tooth
  • Rasp Bar
  • Wire-loop
  • Axial Flow
  • Syndicator

• By Application :

  • Groundnut
  • Corn
  • Wheat & Rice
  • Sunflower

• By Mechanism :

  • Manual
  • Hybrid
  • Hydraulics

• By Region :

  • North America
  • Latin America
  • East Asia
  • South Asia & Pacific
  • Western Europe
  • Eastern Europe
  • Middle East & Africa