Press release
Caster Wheels Market to Reach $11.66 Billion by 2028: Major Trends, Growth Drivers And Forecast by 2033
Caster Wheels Market Report
The caster wheels market size is expected to see strong growth in the next few years. It will grow to $11.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to demand for comprehensive services, rising demand for smart and iot-enabled solution, regulatory compliance and safety standards, sustainability and environmental concerns, global manufacturing and trade dynamics. Major trends in the forecast period include industrial automation, focus on ergonomics and mobility, specialized applications, advancements in materials and technology, sustainability and green initiatives.
Market Overview -
A caster wheel is a non-powered wheel that is mounted on the bottom of a larger object to allow it to be moved. In addition to its strong, corrosion-resistant, water-resistant, and weather-resistant properties, it is an excellent mobility enabler. The advantage of casters is that they can handle a lot of weight without breaking.
Download Free Sample of Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8948&type=smp
Caster Wheels Market Surges With The Expansion Of Healthcare Facilities
The expansion of the hospitals is expected to propel the caster wheel market going forward. Hospitals refer to an institution that provides medical treatment and helps patients to cure their diseases. In hospitals, caster wheels are commonly employed in applications such as hospital beds, equipment carts, surgery tables, and IV poles. For instance, in December 2022, according to Texas Health & Human Services Commission, a government agency, the Texas Legislature and Governor Greg Abbott approved $282.5 million for the expansion and construction design of a new hospital in Dallas-Fort Worth.The hospital would feature 296 beds, 200 for adults and up to 96 for pediatric patients. Similarly, in 2022, according to CNN, a US-based media company, in the US, more than 80% of hospital beds are in use, which was up by 8% point compared to the last two weeks. Thus, the expansion of the hospitals is driving the caster wheel market.
Competitive Landscape -
Major companies operating in the caster wheels market report are TENTE International GmbH, Brauer Ltd., CASCOO Europe GmbH, DH Casters Inc., Hamilton Caster & Manufacturing Co., Muvtons Castors Pvt Ltd., STEINCO Paul vom Stein GmbH, Bharat Industrial Corporation, Comfort Casters Global., Hengshui Yu Tong Metalwork Co. Ltd., Korenberg Abrasive Wheels, Industrial Caster and Wheel Co., R&K Industrial Wheels, Colson Associates Inc., Blickle Räder+Rollen GmbH u. Co. KG, Shepherd Caster Corporation, Albion Industries Inc., Faultless Caster Division, Payson Casters Inc., Jarvis Caster Company, Revvo Caster Company Limited, Caster Concepts Inc., Medcaster Inc., Darcor Limited, Darnell-Rose Casters, Access Casters Inc., Douglas Equipment Company Inc., Stellana US Inc., Fallshaw Group Pty Ltd, Magnus Mobility Systems Inc., Durastar Casters .
Antimicrobial Caster Wheels Set New Standards In Equipment Sterilization
The development of new formulations and materials is a key trend gaining popularity in the caster wheel market. Major players in the castor wheel market are employing anti-microbial wheels to sustain their position in the market. In January 2021, Colson Casters, a US-based global manufacturer of casters and wheels launched a new antimicrobial soft wheel for high-temp steam sterilization and wash-down applications. It is particularly created for use on equipment that is routinely subjected to high-temperature sterilization chambers and repeated cart wash treatments. To receive all the high-temp benefits for your carts or equipment, this sterilizer wheel is connected to MedCaster, a freshly enhanced SX Series swivel, rigid, complete lock, or direction lock caster option. The MedCaster Sterilizer Wheel is an excellent choice for case carts, sterilizer carts, test cages, lab equipment, and operating room equipment.
Browse Full Report @
https://www.thebusinessresearchcompany.com/report/caster-wheels-global-market-report
Key Segments -
The caster wheels market covered in this report is segmented -
1) By Caster Type: Swivel Caster, Rigid Or Fixed Caster, Ball Bearing Caster, Kingpin Caster
2) By Type Of Material: Forged Steel, Cast Iron, Ductile Iron, Polyurethane, Mold On Rubber, Phenolic Resin, Other Materials
3) By Application: Shopping Carts, Office Chairs, Toy Wagons, Hospital Beds, Material Handling Equipment
4) By End-User: Automotive, Aerospace, Food Industry, Medical, Textile Industry, Other End-Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Caster Wheels Market to Reach $11.66 Billion by 2028: Major Trends, Growth Drivers And Forecast by 2033 here
News-ID: 3481132 • Views: …
More Releases from The Business Research Company
Segmentation, Major Trends, and Competitive Overview of the Space Resource Utili …
The exploration and utilization of space resources is rapidly evolving into a promising sector with vast potential for growth and innovation. As technology advances and partnerships form, the industry is set to transform how humanity accesses and uses materials beyond Earth, paving the way for sustainable off-world operations and broader space exploration.
Projected Market Growth for Space Resource Utilization
The space resource utilization industry is anticipated to experience significant expansion over…
Market Trend Analysis: The Impact of Recent Advances on the Space Law Enforcemen …
The growing complexity and activity in outer space have brought increased attention to the need for effective space law enforcement. As the number of satellites and space missions rises, managing space traffic and ensuring compliance with regulations becomes critical. This overview explores the future outlook, driving factors, major players, and structural breakdown of the space law enforcement market as it progresses toward 2030.
Expected Growth Trajectory of the Space Law Enforcement…
Market Structure, Emerging Trends, and Key Player Analysis in Space Elevator Ope …
The concept of space elevators is rapidly moving from science fiction to a tangible future technology, promising revolutionary changes in how we access and utilize space. As interest and investment in this area grow, the market for space elevator operations is set to expand significantly. Below is an overview of the forecasted market size, key players, emerging trends, and the segmentation of this exciting industry.
Projected Market Growth of Space Elevator…
Competitive Analysis: Leading Companies and New Entrants in the Space Currency a …
The emerging space currency and economy sector is poised for remarkable expansion as humanity's ventures beyond Earth gain momentum. With innovations in financial technologies tailored for the unique challenges of space commerce, this market is set to transform how transactions and economic activities unfold across orbital and interplanetary environments. Let's explore the projected growth, key players, market drivers, evolving trends, and the detailed segmentation shaping this futuristic industry.
Projected Market Size…
More Releases for Cast
Cast Iron & Cast Iron Castings Market Is Going to Boom |• Erdos Group • Neen …
Worldwide Market Reports has released a new in-depth research study on the "Cast Iron & Cast Iron Castings Market," highlighting strong growth potential in the coming years. The report delivers a structured and data-driven analysis of the market landscape, combining robust research methodology, market sizing, validated data modeling, and insights sourced from reliable primary and secondary channels.
The study thoroughly examines key market aspects, including growth drivers, restraints, challenges, emerging opportunities,…
Cast Iron vs Cast Steel: Which Manifold Enhances Performance?
Image: https://statics.mylandingpages.co/static/aaanxdmf26c522mp/image/b70503509e2c4604aa87f3862c47fe21.webp
Manifolds play a crucial role in engine performance. These components channel exhaust gases away from the engine, impacting efficiency and power output. A cast iron exhaust manifold [https://www.werkwell.com/exhaust-manifold/] offers durability and heat retention, making it a popular choice. However, advancements in material technology have introduced alternatives like cast steel [https://www.iron-foundry.com/cast-iron-exhaust-manifold-vs-cast-steel-manifolds.html], which provide enhanced strength and corrosion resistance.
Importance in Engine Performance
Impact on Efficiency
Manifolds significantly influence engine efficiency. Properly designed manifolds…
Cast Elastomer Market is Driven by Growing Demand for Cast Elastomers in the Aut …
A cast elastomer is a type of elastomeric material that is cast or molded into the desired shape. It is a versatile material that can be used for a variety of applications, including seals, gaskets, and vibration-damping materials. The cast elastomer has good mechanical properties and can withstand a wide range of temperatures and chemicals. It is also resistant to abrasion and tearing.
Get a Sample Report- https://www.globalinsightservices.com/request-sample/GIS20867
Key Trends
There are a…
Cast Resin Current Transformers Market Report 2018: Segmentation by Type (Indoor …
Global Cast Resin Current Transformers market research report provides company profile for CHINT, Stemar Electrical Products, Gemini Instratech Ltd., Elba d.o.o., Kaldera Company, ABB, Siemens, Schneider Electric, Toshiba, Fuji Electric and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the…
CONNOR FOX CAST IN SHOUTING SECRETS
Los Angeles, CA (April 28, 2010)- Award-winning actor Connor Fox, has officially signed on to play the role of Brody in the Korinna Sehringer film “Shouting Secrets” which started shooting in Arizona on April 26th. Fox will join Twilight Saga actors Gil Birmingham and Chaske Spencer as well actress, Q'orianka Kilcher (“The New World”), in this film about a successful young writer in Los Angeles who is called back…
Hexis launches carbon cast film
Hexis has launched a new cast vinyl with a carbon fibre look destined for wrapping applications. The company is promoting the new line with a dedicated mini-site: ilovehx.com.
Part of the HX30000 Series, the “Carbon Cast” is a multi-layered 135µm cast vinyl film with a carbon fibre embossed pattern. It carries the proven solvent-based adhesive and a structured PE liner with Hex’Press technology that allows convenient air egress during application. With…
