According the report, Growing Requirement of Real Time Monitoring of Grains is one of the primary growth factors for the market. Rising production of grains such as wheat, maize, rice and sorghum as these are staple foods in most of the countries. The grains are produced once in a year and requires storage in bulk amount. This in turn is influencing the usage of silos. These factors are contributing towards the market growth is also expected to contribute significantly to the Silos market. Overall, Petrochemical applications of Silos, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Silos market identified that the demand is rising in many different parts of the world as "Growing construction industry is leading to usage of metal silos. During the past few years the urbanisation has increased the need of commercial as well as residential building. This requires storage of cement which can be accomplished by silos.". One of the challenges that industry facing is "Issue Related to Transportation of Silos due to Stringent Government Regulations"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Silos market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Silos market and other related sub-markets covered in the study.

o Key & emerging players in the Silos market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Silos market size is calculated using market estimation process, the Silos market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Silos market size has been validated using both top-down and bottom-up approaches.