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Global Industrial Carousel Market 2018-2022

Global Industrial Carousel Market 2018-2022

About Industrial Carousel

A carousel is an automated storage and retrieval machine used in different industries for storing, progressive assembling, and other continuous warehouse operations. A carousel can be of two types, vertical and horizontal. The use of carousels depends on the order picking speed and array length requirements of a particular end-user industry.

Technavio’s analysts forecast the global industrial carousel market to grow at a CAGR of 6.54% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial carousel market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Carousel Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bastian Solutions
  • Daifuku Wynright (subsidiary of Daifuku Group)
  • Kardex Remstar (subsidiary of Kardex Group)
  • SencorpWhite
  • SSI SCHAEFER
Market driver
  • Growing global pharmaceutical market
  • For a full, detailed list, view our report
Market challenge
  • Fluctuating raw material price
  • For a full, detailed list, view our report
Market trend
  • Innovation in carousel market
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Carousel Market 2018-2022

Technavio recognizes the following companies as the key players in the global industrial carousel market: Bastian Solutions, Daifuku Wynright (subsidiary of Daifuku Group), Kardex Remstar (subsidiary of Kardex Group), SencorpWhite, and SSI SCHAEFER.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is innovation in carousel market. With the growing consumer requirements such as the need for convenient and cost-effective warehousing facilities, there is a rising need for innovations in the industrial carousel market. To reduce costs associated with carousel operation, companies have already introduced horizontal carousels with voice recognition systems.”

According to the report, one driver in the market is growing global pharmaceutical market. The global pharmaceutical market grew by 9.5% during 2005-2015, and the growth phase of the market is expected to continue for the next few years.

Further, the report states that one challenge in the market is fluctuating raw material price. Steel is one of the major raw materials in the manufacturing of carousels. As steel is extracted from iron ore, the volatility in iron ore prices will directly reflect on the steel prices.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Comparison of different ASRS order picking systems
      • Table Parent market
      • Table Global automated storage and retrieval systems market segmentation
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ mn)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Horizontal carousel - Market size and forecast 2017-2022
      • Table Horizontal carousel - Market size and forecast 2017-2022 ($ mn)
      • Table Horizontal carousel - Year-over-year growth 2018-2022 (%)
    • Vertical carousel - Market size and forecast 2017- 2022
      • Table Vertical carousel - Market size and forecast 2017-2022 ($ mn)
      • Table Vertical carousel - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global pharmaceutical sales 2014-2019 ($ bn)
      • Table Key warehouse capacity additions expected in European countries 2016-2021
    • Market challenges
      • Table Steel price forecast 2016-2020 ($/ton)
      • Table Comparison of traditional and automated warehouses (per 10,000 square feet)
  • Market trends
    • Innovation in carousel market
    • Requirement of improved warehouse facilities to manage SKU proliferation
    • Rising demand for automated warehouse equipment
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Bastian Solutions
      • Table Bastian Solutions overview
      • Table Bastian Solutions - Business segments
      • Table Bastian Solutions - Organizational developments
      • Table Bastian Solutions - Key offerings
    • Daifuku Wynright (subsidiary of Daifuku Group)
      • Table Daifuku Wynright overview
      • Table Daifuku Wynright - Product offerings
      • Table Daifuku Wynright - Organizational developments
      • Table Daifuku Wynright - Key offerings
    • Kardex Remstar (subsidiary of Kardex Group)
      • Table Kardex Remstar overview
      • Table Kardex Remstar - Product segments
      • Table Kardex Remstar - Organizational developments
      • Table Kardex Remstar - Key offerings
    • SencorpWhite
      • Table SencorpWhite overview
      • Table SencorpWhite - Business segments
      • Table SencorpWhite - Organizational developments
      • Table SencorpWhite - Key offerings
    • SSI SCHAEFER
      • Table SSI SCHAEFER overview
      • Table SSI SCHAEFER - Product segments
      • Table SSI SCHAEFER - Organizational developments
      • Table SSI SCHAEFER - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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