Casters Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Tente International, Blickle, Colson Group, TELLURE

Registering a CAGR of 2.0% over the forecast period, the market value of Casters is expected to reach US$ 6603.1 million in the year 2027.

Casters Market Overview

A Caster is a wheeled device typically mounted to a larger object that enables relatively easy rolling movement of the object. Circular shielding components, assembled on the sides of a wheel to protect the hub from threads and other foreign objects, which may prevent free rotation of the wheel. Casters are found virtually everywhere, from office desk chairs to shipyards, from hospital beds to automotive factories. They range in size from the very small furniture casters to massive industrial casters, and individual load capacities span 100 lbs or less to 100,000 lbs. Wheel materials include cast iron, plastic, rubber, polyurethane, forged steel, stainless steel, aluminum, and more.

Based on the Casters market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Manufacturing & Construction. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of Casters during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.

Who are the Major Players in the Casters Market?

The global Casters includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Tente International, Blickle, Colson Group, TELLURE, Wicke, CEBORA, TAKIGEN, Stellana, EMILSIDER, RAEDER-VOGEL, Alex, Manner, Steinco, samsongcaster, Flywheel Metalwork, Vulkoprin, OMO-ROCARR, Guy-Raymond, Regal Castors, Jacob Holtz, CASCOO, Payson Casters, Algood Caster, RWM Casters, Hamilton and others.

Industry News and Updates:

NEW ANTIMOCRIBIAL SOFT WHEEL FROM COLSON GROUP FOR HIGH-TEMP STEAM STERILIZATION AND WASH DOWN APPLICATIONS

19 JANUARY 2021--Colson Group, a global leader in caster and wheel manufacturing, has officially launched an advanced new series of wheels designed for use on equipment that is frequently exposed to high-temperature sterilization chambers and repeated cart wash applications. The new Sterilizer High-Temp Soft Wheels are antimicrobial, competitively priced, and perform better than wheels typically used in these applications.

What are the major Applications, Types, and Regions for the Casters Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Rigid Caster


• Swivel Caster

By Application, it is segmented into

• Industrial and Automotive


• Medical and Furniture


• Others

Casters Market Regional Analysis

The Casters Market in North America and Europe may experience significant growth. The rising trend of growth in industries such as automotive and healthcare may serve as the primary growth factor for the region's caster wheels market. Latin America is also expected to grow steadily due to the availability of downstream operations.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

The Casters Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Casters Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.

What is our Casters Market report scope?

Scope of the Report covers Casters Market with a detailed analysis of the overall scenario for the market. It also highlights the business participants’ environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background, and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Casters Market analysis report as it has vital details to provide about regional markets and expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how the worldwide market is working through efficient information graphics.

Key Takeaways from this Casters Report

• Evaluate Casters market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Casters market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Casters Market is studied from 2017 - 2027.

What is the growth rate of the Casters Market?

The Casters Market is growing at a CAGR of 2.0% over the next 5 years.

Who are the key players in Casters Market?

Tente International, Blickle, Colson Group, TELLURE, Wicke, CEBORA, TAKIGEN, Stellana, EMILSIDER, RAEDER-VOGEL, Alex, Manner , Steinco, samsongcaster, Flywheel Metalwork, Vulkoprin, OMO-ROCARR, Guy-Raymond, Regal Castors, Jacob Holtz, CASCOO, Payson Casters, Algood Caster, RWM Casters, Hamilton

What regions does this Casters Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Casters Market?

Rigid Caster, Swivel Caster

 

What are the major end-use applications of Casters Market?

Industrial and Automotive, Medical and Furniture, Others

 

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