News Snapshot:
The outbreak of COVID-19 had a neutral impact on the grain silos and ancillary equipment market in 2020. Vendors in the market are prioritizing building a resilient supply chain to limit the chance of disruptions by such emergencies in the future. Some vendors are increasing their spending on R& D to maintain production levels and minimize risks. These developments are expected to have a positive impact on the growth of the grain silos and ancillary equipment market. The market is expected to be driven by factors such as the increase in demand for grain storage, increasing government support to expand...
