Market Overview:
The global industrial swivel caster market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for machinery and equipment, medical devices, aerospace and defense products, and other applications across the globe. In terms of type, locking casters are expected to lead the global industrial swivel caster market during the forecast period owing to their ability to lock in a particular position and prevent any unwanted movement or rotation of the object being moved. In terms of application, machinery & equipment is expected to lead the global industrial swivel caster market during the forecast period due its growing demand from various end-use industries such as automotive, metal fabrication, food & beverage processing etc.
Product Definition:
Industrial Swivel Casters are a type of caster that is commonly used in industrial settings. They are designed to swivel, which allows them to move easily in all directions. This makes them ideal for use on uneven surfaces or when navigating tight spaces. Industrial Swivel Casters can also be locked in place, which makes them sturdy and stable when transferring heavy loads.
Locking Casters:
Locking casters are also known as non-reactive or passive swivel castors. They have a 360 degree rotation and can be locked in position by using the brake or the lock button. Locking castors are used where heavy loads must be transported over smooth surfaces without any accidents to the load being possible due to its free movement characteristics.
Kingpin-less Casters:
Casters are used in industrial swivel casters to enable mobility of the machine. Kingpin-less (KL) casters have gained popularity in recent years owing to their ease of use and convenience. These casters are designed without a central pin that would normally be attached to the king post; instead, they have four or five wheels connected by castor arms.
Application Insights:
The others application segment includes consumer electronics, office equipment, furniture and appliances. Swivel casters are widely used in office chairs, computer desks and workstations due to their ability to provide smooth movement without the risk of tipping over. The growing popularity of ergonomic chairs is expected to drive the demand for swivel casters over the forecast period.
The machinery & equipment segment held a major share in 2017 owing to increasing investments in manufacturing facilities across various regions coupled with rising product demand from construction industries for use on fork-lift trucks and other mobile platforms. The growth of this industry is directly related to developments in infrastructure projects such as airports expansion programs at various regional airports that serve as a key distribution hub for global manufacturers.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of key manufacturers in China and India. The region is expected to witness significant growth over the forecast period due to rising product demand from various end-use industries such as food & beverage, consumer goods, industrial machinery and medical devices.
The growing adoption of advanced technologies such as automation, digitalization and globalization has resulted in increased sales of equipment with integrated cabs for material handling operations across numerous industries worldwide. This trend is projected to drive industry expansion over the coming years.
North America accounted for a revenue share of 23% in 2017 on account of high product penetration levels across several major markets including U.S.
Growth Factors:
- Increasing demand for industrial swivel casters from the automotive and transportation sector as they are used in manufacturing and assembling vehicles.
- Growing popularity of ergonomic furniture, which requires the use of industrial swivel casters for easy maneuverability.
- Rising demand for heavy-duty industrial swivel casters in material handling applications to move large loads easily and safely across different surfaces.
- Technological advancements that have led to the development of new types of industrial swivel casters with enhanced features and capabilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Swivel Casters Market Research Report
By Type
Locking Casters, Kingpin-less Casters, Hollow Kingpin Casters, Plate Casters
By Application
Machinery & Equipment, Medical Devices, Aerospace & Defense, Others
By Companies
Colson Group, Tente International, Blickle, TAKIGEN, Payson Casters, Hamilton, TELLURE, Samsongcaster, CEBORA, ER Wagner, Colson Group, Uchimura Caster, RWM Casters, Darcor, ZONWE HOLDING GROUP, Qingdao Shinh
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Swivel Casters Market Report Segments:
The global Industrial Swivel Casters market is segmented on the basis of:
Types
Locking Casters, Kingpin-less Casters, Hollow Kingpin Casters, Plate Casters
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
Machinery & Equipment, Medical Devices, Aerospace & Defense, Others
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:
- Colson Group
- Tente International
- Blickle
- TAKIGEN
- Payson Casters
- Hamilton
- TELLURE
- Samsongcaster
- CEBORA
- ER Wagner
- Colson Group
- Uchimura Caster
- RWM Casters
- Darcor
- ZONWE HOLDING GROUP
- Qingdao Shinh
Highlights of The Industrial Swivel Casters 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:
- Locking Casters
- Kingpin-less Casters
- Hollow Kingpin Casters
- Plate Casters
- By Application:
- Machinery & Equipment
- Medical Devices
- Aerospace & Defense
- Others
- 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 Industrial Swivel Casters 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.
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- Correctly Positioning New Products
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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?
Industrial Swivel Casters are a type of caster that is used in industrial settings. They are typically made out of metal and have a swiveling motion. This allows them to move easily across floors or other surfaces.
Some of the key players operating in the industrial swivel casters market are Colson Group, Tente International, Blickle, TAKIGEN, Payson Casters, Hamilton, TELLURE, Samsongcaster, CEBORA, ER Wagner, Colson Group, Uchimura Caster, RWM Casters, Darcor, ZONWE HOLDING GROUP, Qingdao Shinh.
The industrial swivel casters market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Swivel Casters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Swivel Casters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Swivel Casters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Swivel Casters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Swivel Casters Market Size & Forecast, 2018-2028
4.5.1 Industrial Swivel Casters Market Size and Y-o-Y Growth
4.5.2 Industrial Swivel Casters Market Absolute $ Opportunity
Chapter 5 Global Industrial Swivel Casters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Swivel Casters Market Size Forecast by Type
5.2.1 Locking Casters
5.2.2 Kingpin-less Casters
5.2.3 Hollow Kingpin Casters
5.2.4 Plate Casters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Swivel Casters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Swivel Casters Market Size Forecast by Applications
6.2.1 Machinery & Equipment
6.2.2 Medical Devices
6.2.3 Aerospace & Defense
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Swivel Casters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Swivel Casters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Swivel Casters Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Swivel Casters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Swivel Casters Market Size Forecast by Type
9.6.1 Locking Casters
9.6.2 Kingpin-less Casters
9.6.3 Hollow Kingpin Casters
9.6.4 Plate Casters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Swivel Casters Market Size Forecast by Applications
9.10.1 Machinery & Equipment
9.10.2 Medical Devices
9.10.3 Aerospace & Defense
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Swivel Casters Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Swivel Casters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Swivel Casters Market Size Forecast by Type
10.6.1 Locking Casters
10.6.2 Kingpin-less Casters
10.6.3 Hollow Kingpin Casters
10.6.4 Plate Casters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Swivel Casters Market Size Forecast by Applications
10.10.1 Machinery & Equipment
10.10.2 Medical Devices
10.10.3 Aerospace & Defense
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Swivel Casters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Swivel Casters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Swivel Casters Market Size Forecast by Type
11.6.1 Locking Casters
11.6.2 Kingpin-less Casters
11.6.3 Hollow Kingpin Casters
11.6.4 Plate Casters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Swivel Casters Market Size Forecast by Applications
11.10.1 Machinery & Equipment
11.10.2 Medical Devices
11.10.3 Aerospace & Defense
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Swivel Casters Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Swivel Casters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Swivel Casters Market Size Forecast by Type
12.6.1 Locking Casters
12.6.2 Kingpin-less Casters
12.6.3 Hollow Kingpin Casters
12.6.4 Plate Casters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Swivel Casters Market Size Forecast by Applications
12.10.1 Machinery & Equipment
12.10.2 Medical Devices
12.10.3 Aerospace & Defense
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Swivel Casters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Swivel Casters Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Swivel Casters Market Size Forecast by Type
13.6.1 Locking Casters
13.6.2 Kingpin-less Casters
13.6.3 Hollow Kingpin Casters
13.6.4 Plate Casters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Swivel Casters Market Size Forecast by Applications
13.10.1 Machinery & Equipment
13.10.2 Medical Devices
13.10.3 Aerospace & Defense
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Swivel Casters Market: Competitive Dashboard
14.2 Global Industrial Swivel Casters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Colson Group
14.3.2 Tente International
14.3.3 Blickle
14.3.4 TAKIGEN
14.3.5 Payson Casters
14.3.6 Hamilton
14.3.7 TELLURE
14.3.8 Samsongcaster
14.3.9 CEBORA
14.3.10 ER Wagner
14.3.11 Colson Group
14.3.12 Uchimura Caster
14.3.13 RWM Casters
14.3.14 Darcor
14.3.15 ZONWE HOLDING GROUP
14.3.16 Qingdao Shinh
