Caster Wheels Market Outlook, Growth by Top Company, Region, Application, Driver, Trends and Forecasts 2017 - 2027

Caster Wheels Market

New Study Reports "Caster Wheels Market Global Opportunities, Challenges, Strategies and Forecasts 2017-2027" has been added on Persistence Market Research.

This report provides in depth study of "Caster Wheels Market" using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Caster Wheels Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

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Moving bulky items using wheels has been a practice that has been around since the early existence of the ancient civilization. Caster wheels were first patented by David A. Fisher, whose discovery was initially considered for furniture.

Later, caster wheels began to be used for industrial purposes as they were extremely heavy. However, eventually, casters wheels' design changed to include many features, such as brakes, direction locks, shock absorbers, etc. Now a days, caster wheels are found everywhere - from office desk chairs and hospital beds to automotive factories, etc. In 1981, the National Institute of Occupational Safety and Health (NIOSH) published its lifting guide.

Since that time, the industry has responded by working to reduce the amount of manual lifting, lowering and carrying found in workplaces, often replacing those tasks with pulling and pushing. Also, at workplaces, overexertion was ranked as the highest cause of disabling injuries.

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.

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Caster Wheels Market: Segmentation

basis of type
Rigid
Swivel
Industrial
Braking and Locking
basis of weight
Light Duty
Medium Duty
Heavy Duty

basis of type of material
Forged Steel
Cast Iron
Ductile Iron
Polyurethane
Mold on Rubber
Phenolic Resin
Others

basis of type of end-use industry
Automotive
Aerospace
Food Industry
Medical
Textile Industry
Agricultural Machines

Caster Wheels Market: Regional Outlook

The global caster wheel market is segmented into nine key regions: India, China, Latin America, North America, Western Europe, Eastern Europe, South East Asia, Japan and Middle East and Africa (MEA). As of 2018, growth in developed regions, such as North America, Western Europe and Japan will be driven by the expansion of various industries, such as the automotive industry. Latin America is considered to be a key market for caster wheels because of the availability of downstream operations.

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Caster Wheels Market: Key players

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.
Tente
Muvtons Castors Pvt Ltd.
Veekay Impex
Colson Casters
Cascoo Europe GmbH
Rhombus Rollen Holding GmbH
Steinco Paul vom GmbH
Bestway Casters & Wheels Ltd.
Brauer

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