Caster Wheels Market 2022 – Report Description
Caster wheels Market Segmented By Type such as Rigid, Swivel, Industrial, Braking and Locking with Weight such as Light Duty, Medium Duty and Heavy Duty.
The growth of the market can be attributed to the increasing demand from end-use industries. Caster wheels are an important component in various industrial applications as they help in easy manoeuvrability of heavy loads. They find application in various industries such as automotive, food and beverage, pharmaceuticals, and many more.
Since the earliest days of the ancient civilisation, moving heavy objects on wheels has been a common activity. David A. Fisher was the first to patent caster wheels, and his invention was originally intended for furniture. Caster wheels were later employed in industrial settings because of how hefty they were. But subsequently, the design of caster wheels altered to incorporate numerous features, including brakes, direction locks, shock absorbers, etc. Caster wheels can be found almost wherever these days, including hospital beds, office chairs, and automobile manufacturers.
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Caster wheels Market: Dynamics
Globally, with the growth in the number of malls, hospitals and clinics, the demand for caster wheels is also anticipated to grow at significant CAGR. Caster wheels facilitate rapid mobility of patients in clinics and hospitals. However, factors, such as noisy wheels and rolling resistance, might hamper the growth of caster wheels market. Also, the engineered plastic material used in caster wheels can be very expensive and this might further hinder the growth of the caster wheels market.
Examples of some of the market participants/vendors operating in the Caster wheels market across the globe are:
- DH Casters International
- Hamilton Caster & Mfg. Co.
- Muvtons Castors Pvt Ltd.
- Veekay Impex
- Colson Casters
- Cascoo Europe GmbH
- Rhombus Rollen Holding GmbH
- Steinco Paul vom GmbH
- Bestway Casters & Wheels Ltd.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Caster wheels Market.
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The caster wheel market is segmented on the basis of type, material, size, and application.
On the basis of type, the market is segmented into standard caster wheels and nonstandard caster wheels. Standard caster wheels are further segmented into plate-mounted caster wheels and swivel casters. Nonstandard caster wheels are further classified into threaded stem casters, pneumatic tires casters, and mag wheel casters.
Based on material, the market is divided into steel caster wheels, aluminum caster wheels, brass caster wheels, and plastic caster wheels.
In terms of size, the market is classified into small (up to 3 inches), medium (3 to 6 inches), and large (more than 6 inches) sizes.
On the basis of application, it is segregated into automotive industry, furniture industry,, Food & Beverage.
Caster wheels Market Manufacturers
Caster wheels Market Distributors/Traders/Wholesalers
Caster wheels Market Subcomponent Manufacturers
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Key Questions Answered in This Report –
Which is the largest regional market for Caster wheels?
What are the upcoming trends of Caster wheels Market in the world?
What are the key driving factors for the growth of the Caster wheels Market?
What are the top players operating in the Caster wheels Market?
What are the key regions in the global Caster wheels market?
Who are the key players/companies in the global Caster wheels market?
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