Published Date : 11 Nov 19 | Views: 125 | Industry : Machinery & Equipment
Rigid Casters
to witness a surge in the demand in future
Based on the
product, the Casters market is bifurcated on the basis of rigid caster and swivel
caster. Rigid Casters are high in demand owing to their exceptional weight
bearing capacity as compared to swivel Casters. Swivel Casters are known to
work effectively for shorter distances. The global Casters market has been
segregated on the basis of application as industrial and automotive, medical
and furniture, and others. The industrial sector makes use of high capacity and
heavy duty Casters for platform trucks, assemblies, carts, and tow lines in
plants. Casters also find extensive usage in medical applications as they are
apt for fitting into moveable hospital beds, bedside screens, waste trolley,
equipment trolley, paediatric bed, and various other equipment.
North America
to maintain its supremacy in the Casters market
Expansion of the
automotive industry and widespread consumption of Casters in North America is
driving the demand for Casters in this region. Increasing downstream operations
in Latin America has resulted in an upsurge in the adoption of Casters, thus
impacting the Casters market growth in this region. Large scale production of
Casters is one of the major factors driving the market in Asia Pacific.
Players to
introduce novel products to gain traction in the market
Tente
International, TELLURE, TAKIGEN, Wicke, CEBORA, Stellana, RAEDER, EMILSIDER, VOGEL,
Steinco, Alex, Manner, Colson Group, Samsongcaster, OMO, Flywheel Metalwork, Vulkoprin,
ROCARR, Regal Castors, Guy, Raymond, Jacob Holtz, Algood Caster, CASCOO, Payson
Casters, RWM Casters, Blickle, and Hamilto are some of the key players operating
in the global Casters market. Manufacturers are designing advanced caster
wheels with increased efficiency and weight bearing capacity, in compliance
with the laid regulations.
Noisy wheels
and rolling resistance may restrain the market growth
High rolling
resistance of Casters may make it harder to turn the furniture, thus reducing
the adoption of Caster wheels. Also, Casters can be noisy if they create a lot
of friction. Lack of sturdiness and low load bearing capacity of Casters can lead
to breakage, thereby restraining the market growth.
Moreover, engineered plastic material deployed in caster wheels can be costly, which may hamper the growth of the Casters market. Organizations such as Occupational Safety and Health Administration (OSHA) have enforced some strict regulations on the noise level a particular Caster can make and on the exposure to noise for the workers. This may act as a challenge for the market players.
For further information, check: https://www.qyrconsulting.com/reports/casters-market