Market Overview:
The global rack storage systems 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 rack storage systems in various industrial and commercial applications. Static installations are expected to hold a larger share of the market than dynamic systems, due to their low installation and maintenance costs. However, dynamic systems are expected to witness higher growth rates due to their ability to handle large amounts of data quickly and efficiently. Retail is the largest application segment for rack storage systems, followed by industrial storage, food and beverage, logistics, and others segments.
Product Definition:
Rack storage systems are a popular way to store and organize IT equipment in data centers and other facilities. They typically consist of metal frames with adjustable shelves, which can be used to hold a wide variety of devices, from servers and switches to power strips and backup tapes. Rack storage systems improve efficiency by allowing technicians to easily access equipment for maintenance or upgrades. They also help keep the area around the equipment organized and tidy.
Static Installations:
Static installations are used to fix the equipment in place and can be removed only with a great effort. These installations are done for long term use, as they require more time and efforts for removal than other types of installations.
The growth factor in rack storage systems market is the need for high reliability, safety & quality of service, scalability & flexibility of IT infrastructure at reduced costs which static rack solutions offer.
Dynamic Systems:
Dynamic systems are used to provide a high degree of flexibility and scalability in rack storage systems. These are mainly used for the purpose of increasing the performance level by adding more devices or resources in a system. It is also known as variable geometry modular system which allows changing the configuration of components within limited constraints such as weight, space, and power consumption.
Application Insights:
The retail 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 penetration of e-commerce platforms coupled with rising consumer spending on clothing and footwear, electronics, home appliances, furniture among other consumer goods.
The industrial storage segment is expected to witness significant growth over the forecast period owing to growing demand from manufacturing sectors for short-term as well as long-term storage solutions. Increasing industrialization along with rapid urbanization has led to increased need for construction materials such as steel and cement which in turn has resulted in increased consumption of racks during past few years.
Regional Analysis:
North America dominated the global market in 2017, with a revenue share of over 35.0%. The growth is attributed to the presence of prominent players such as EMC2 and Verity Industries. These companies are focusing on developing new systems by collaborating with third parties or through acquisitions. For instance, in 2015, EMC2 acquired Dynamic Storage Systems (DSS) which has expanded its product portfolio including DSS-XL and DSS-4200RK from Data Robotics Inc., San Jose, CA 95126 USA.
The Asia Pacific region is expected to emerge as one of the lucrative regions during the forecast period owing to increasing demand from various end users such as retail.
Growth Factors:
- Increasing demand for big data and analytics: The Rack Storage Systems market is expected to grow at a significant rate owing to the increasing demand for big data and analytics. With the advent of new technologies, businesses are able to store, process, and analyze large amounts of data in real time which is helping them make better decisions.
- Proliferation of cloud-based services: The Rack Storage Systems market is also expected to benefit from the proliferation of cloud-based services. Cloud storage offers several benefits such as scalability, flexibility, and cost-effectiveness which are prompting more businesses to move their operations to the cloud.
- Growing popularity of hyperconverged infrastructure: Another key growth driver for the Rack Storage Systems market is the growing popularity of hyperconverged infrastructure (HCI). HCI helps organizations reduce costs and complexity by integrating compute, storage, networking, and virtualization into a single platform. This helps organizations improve performance while reducing power consumption and space requirements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rack Storage Systems Market Research Report
By Type
Static Installations, Dynamic Systems
By Application
Retail, Industrial storage, Food and Beverage, Logistics, Others
By Companies
NOEGA SYSTEMS, Rack Systems Inc, STILL GmbH, SSI SCHAEFER, AK Material Handling Systems, Focus Rack Systems, TSE Systems, Bartels, Material Handling Exchange (MHE), Shelving + Rack Systems, Inc, Rack Storage Systems, Jungheinrich AG, Mecalux, Southwest Solutions Group, Konstant
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Rack Storage Systems Market Report Segments:
The global Rack Storage Systems market is segmented on the basis of:
Types
Static Installations, Dynamic Systems
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
Retail, Industrial storage, Food and Beverage, Logistics, 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:
- NOEGA SYSTEMS
- Rack Systems Inc
- STILL GmbH
- SSI SCHAEFER
- AK Material Handling Systems
- Focus Rack Systems
- TSE Systems
- Bartels
- Material Handling Exchange (MHE)
- Shelving + Rack Systems, Inc
- Rack Storage Systems
- Jungheinrich AG
- Mecalux
- Southwest Solutions Group
- Konstant
Highlights of The Rack Storage Systems 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:
- Static Installations
- Dynamic Systems
- By Application:
- Retail
- Industrial storage
- Food and Beverage
- Logistics
- 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 Rack Storage Systems 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?
Rack storage systems are a type of computer data storage system that uses racks to hold individual hard drives or other components. Rack systems are often used in large server farms, where multiple servers can be installed in a rack and accessed by the network.
Some of the major players in the rack storage systems market are NOEGA SYSTEMS, Rack Systems Inc, STILL GmbH, SSI SCHAEFER, AK Material Handling Systems, Focus Rack Systems, TSE Systems, Bartels, Material Handling Exchange (MHE), Shelving + Rack Systems, Inc, Rack Storage Systems, Jungheinrich AG, Mecalux, Southwest Solutions Group, Konstant.
The rack storage systems 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. Rack Storage Systems 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. Rack Storage Systems Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rack Storage Systems Market - Supply Chain
4.5. Global Rack Storage Systems Market Forecast
4.5.1. Rack Storage Systems Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rack Storage Systems Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rack Storage Systems Market Absolute $ Opportunity
5. Global Rack Storage Systems 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. Rack Storage Systems Market Size and Volume Forecast by Type
5.3.1. Static Installations
5.3.2. Dynamic Systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rack Storage Systems 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. Rack Storage Systems Market Size and Volume Forecast by Application
6.3.1. Retail
6.3.2. Industrial storage
6.3.3. Food and Beverage
6.3.4. Logistics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rack Storage Systems 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. Rack Storage Systems 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 Rack Storage Systems 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. Rack Storage Systems 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 Rack Storage Systems Demand Share Forecast, 2019-2026
9. North America Rack Storage Systems 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 Rack Storage Systems 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 Rack Storage Systems Market Size and Volume Forecast by Application
9.4.1. Retail
9.4.2. Industrial storage
9.4.3. Food and Beverage
9.4.4. Logistics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rack Storage Systems Market Size and Volume Forecast by Type
9.7.1. Static Installations
9.7.2. Dynamic Systems
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 Rack Storage Systems Demand Share Forecast, 2019-2026
10. Latin America Rack Storage Systems 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 Rack Storage Systems 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 Rack Storage Systems Market Size and Volume Forecast by Application
10.4.1. Retail
10.4.2. Industrial storage
10.4.3. Food and Beverage
10.4.4. Logistics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rack Storage Systems Market Size and Volume Forecast by Type
10.7.1. Static Installations
10.7.2. Dynamic Systems
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 Rack Storage Systems Demand Share Forecast, 2019-2026
11. Europe Rack Storage Systems 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 Rack Storage Systems 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 Rack Storage Systems Market Size and Volume Forecast by Application
11.4.1. Retail
11.4.2. Industrial storage
11.4.3. Food and Beverage
11.4.4. Logistics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rack Storage Systems Market Size and Volume Forecast by Type
11.7.1. Static Installations
11.7.2. Dynamic Systems
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 Rack Storage Systems Demand Share, 2019-2026
12. Asia Pacific Rack Storage Systems 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 Rack Storage Systems 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 Rack Storage Systems Market Size and Volume Forecast by Application
12.4.1. Retail
12.4.2. Industrial storage
12.4.3. Food and Beverage
12.4.4. Logistics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rack Storage Systems Market Size and Volume Forecast by Type
12.7.1. Static Installations
12.7.2. Dynamic Systems
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 Rack Storage Systems Demand Share, 2019-2026
13. Middle East & Africa Rack Storage Systems 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 Rack Storage Systems 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 Rack Storage Systems Market Size and Volume Forecast by Application
13.4.1. Retail
13.4.2. Industrial storage
13.4.3. Food and Beverage
13.4.4. Logistics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rack Storage Systems Market Size and Volume Forecast by Type
13.7.1. Static Installations
13.7.2. Dynamic Systems
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 Rack Storage Systems Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Rack Storage Systems Market: Market Share Analysis
14.2. Rack Storage Systems Distributors and Customers
14.3. Rack Storage Systems Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NOEGA SYSTEMS
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Rack Systems Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. STILL GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SSI SCHAEFER
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AK Material Handling Systems
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Focus Rack Systems
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TSE Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bartels
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Material Handling Exchange (MHE)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shelving + Rack Systems, Inc
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rack Storage Systems
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jungheinrich AG
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mecalux
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Southwest Solutions Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Konstant
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