Market Overview:
The Global Intelligent Hanging System Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automated garment handling systems in large garment factories and small and medium garment factories. Additionally, the growing trend of Industry 4.0 is also expected to fuel the demand for intelligent hanging systems in the coming years.
Product Definition:
An intelligent hanging system is a type of hardware that is used to hang objects. It can be used in a variety of settings, including in homes, offices, and retail stores. The importance of an intelligent hanging system lies in its ability to optimize the use of space. By using an intelligent hanging system, businesses and homeowners can make the most out of the limited space they have available. Additionally, an intelligent hanging system can help to improve organization by making it easier to store items away and access them when needed.
Electric transportation systems:
Electric transportation systems, also called electric vehicles (EV), are motorized and propelled using electricity. They are operated without a conventional source of fuel such as fossil fuels or gasoline. EVs can be powered by batteries, which comprise an energy storage system that helps conserve power during braking and recharging. Batteries have high energy density compared to traditional sources of power such as fuels; hence they help in reducing the overall weight of the vehicle and improving its efficiency.
MTS Manual hanging system:
MTS manual hanging system is used in intelligent hanger systems. The main function of MTS is to provide a safe way to store and organize retail products by using the force of gravity. It helps in reducing floor space, thereby increasing the overall productivity of the retail outlet.
The market for manual TSK system was estimated to be worth USD 2 billion in 2015.
Application Insights:
The large garment factory application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for smart systems that help eliminate human errors during production by automating the process using sensors and robotics.
The small and medium garment factories are expected to adopt these systems at a faster rate as compared with their counterparts owing to economies of scale advantages offered by larger manufacturing units coupled with benefits such as reduced labor costs along with improved quality control procedures resulting in higher product output per unit time which eventually leads to increased profit margins for companies operating within this sector. In addition, technological advancements have made it possible for these systems operate even during breaks or meal times thereby reducing overall production downtime thus proving itself an essential tool in modern-day apparel manufacturing facilities worldwide.
Regional Analysis:
Asia Pacific dominated the global intelligent hanger system market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing investments in developing countries such as China and India, which are among the largest consumers of clothing and apparel products worldwide. In addition, rising disposable income levels coupled with a growing population will drive demand for textiles and fabrics, thereby driving industry growth over the coming years.
Europe accounted for more than 25% of total revenue share in 2017 owing to high adoption rates of advanced hanging systems across major markets including Germany, U.K., Italy, France among others due to stringent regulations on garment manufacturing facilities by regulatory bodies such as HSE (Health & Safety Executive) and FDA (European Industrial Gases Association).
Growth Factors:
- Increasing demand for automated storage and retrieval systems in warehouses and distribution centers
- Growing popularity of intelligent hanging systems among small businesses
- Rising number of online shoppers who prefer to buy goods that are easy to find and purchase
- Proliferation of smart retail stores that use intelligent hanging systems for product display and inventory management
- Increasing adoption of warehouse management software (WMS) by businesses
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Hanging System Market Research Report
By Type
Electric transportation systems, MTS Manual hanging system, Others
By Application
Large Garment Factory, Small and Medium Garment Factory
By Companies
ETON, SunRise, INA, Clever max, WEISHI, AutoMac, Dematic, Singapore Machinery, Feiyue
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Hanging System Market Report Segments:
The global Intelligent Hanging System market is segmented on the basis of:
Types
Electric transportation systems, MTS Manual hanging system, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Garment Factory, Small and Medium Garment Factory
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ETON
- SunRise
- INA
- Clever max
- WEISHI
- AutoMac
- Dematic
- Singapore Machinery
- Feiyue
Highlights of The Intelligent Hanging System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric transportation systems
- MTS Manual hanging system
- Others
- By Application:
- Large Garment Factory
- Small and Medium Garment Factory
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Hanging System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An intelligent hanging system is a type of suspension system that uses sensors to monitor the weight and position of objects in order to maintain equilibrium. This technology can be used in a variety of settings, including museums, galleries, and stores.
Some of the major companies in the intelligent hanging system market are ETON, SunRise, INA, Clever max, WEISHI, AutoMac, Dematic, Singapore Machinery, Feiyue.
The intelligent hanging system market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Hanging System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intelligent Hanging System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Hanging System Market - Supply Chain
4.5. Global Intelligent Hanging System Market Forecast
4.5.1. Intelligent Hanging System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Hanging System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Hanging System Market Absolute $ Opportunity
5. Global Intelligent Hanging System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Intelligent Hanging System Market Size and Volume Forecast by Type
5.3.1. Electric transportation systems
5.3.2. MTS Manual hanging system
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Hanging System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Intelligent Hanging System Market Size and Volume Forecast by Application
6.3.1. Large Garment Factory
6.3.2. Small and Medium Garment Factory
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Hanging System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Intelligent Hanging System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Intelligent Hanging System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Intelligent Hanging System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Intelligent Hanging System Demand Share Forecast, 2019-2026
9. North America Intelligent Hanging System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Intelligent Hanging System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Intelligent Hanging System Market Size and Volume Forecast by Application
9.4.1. Large Garment Factory
9.4.2. Small and Medium Garment Factory
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Hanging System Market Size and Volume Forecast by Type
9.7.1. Electric transportation systems
9.7.2. MTS Manual hanging system
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Intelligent Hanging System Demand Share Forecast, 2019-2026
10. Latin America Intelligent Hanging System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Intelligent Hanging System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Intelligent Hanging System Market Size and Volume Forecast by Application
10.4.1. Large Garment Factory
10.4.2. Small and Medium Garment Factory
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Hanging System Market Size and Volume Forecast by Type
10.7.1. Electric transportation systems
10.7.2. MTS Manual hanging system
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Intelligent Hanging System Demand Share Forecast, 2019-2026
11. Europe Intelligent Hanging System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Intelligent Hanging System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Intelligent Hanging System Market Size and Volume Forecast by Application
11.4.1. Large Garment Factory
11.4.2. Small and Medium Garment Factory
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Hanging System Market Size and Volume Forecast by Type
11.7.1. Electric transportation systems
11.7.2. MTS Manual hanging system
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Intelligent Hanging System Demand Share, 2019-2026
12. Asia Pacific Intelligent Hanging System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Intelligent Hanging System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Intelligent Hanging System Market Size and Volume Forecast by Application
12.4.1. Large Garment Factory
12.4.2. Small and Medium Garment Factory
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Hanging System Market Size and Volume Forecast by Type
12.7.1. Electric transportation systems
12.7.2. MTS Manual hanging system
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Intelligent Hanging System Demand Share, 2019-2026
13. Middle East & Africa Intelligent Hanging System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Intelligent Hanging System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Intelligent Hanging System Market Size and Volume Forecast by Application
13.4.1. Large Garment Factory
13.4.2. Small and Medium Garment Factory
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Hanging System Market Size and Volume Forecast by Type
13.7.1. Electric transportation systems
13.7.2. MTS Manual hanging system
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Intelligent Hanging System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Intelligent Hanging System Market: Market Share Analysis
14.2. Intelligent Hanging System Distributors and Customers
14.3. Intelligent Hanging System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ETON
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SunRise
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. INA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Clever max
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. WEISHI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. AutoMac
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dematic
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Singapore Machinery
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Feiyue
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook