Global Horizontal Carousel Market to 5.59% CAGR to 2021 – Analysis of Kardex Remstar, SSI SCHAEFER, ULMA Handling Systems, and Bastian Solutions

MarketResearchNest.com adds “Global Horizontal Carousel Market 2017-2021” new reports to its research database. The report spread across 69 pages with tables and figures in it.

The research analysts forecast the global horizontal carousel market to grow at a CAGR of 5.59% during the period 2017-2021.

A horizontal carousel is a range of bins that rotate on an oval track. Every bin has shelves which are adjustable to 0.75" and can be configured for a myriad of special and standard applications. An operator directly inputs a bin number, part number or cell location and the carousel rotates through the shortest path. Multiple horizontal carousels integrating a pod of carousels, are set up with the pick-to-light technology and an inventory management software, for better order fulfillment.

Get more details about report at: https://www.marketresearchnest.com/global-horizontal-carousel-market-2017-2021.html

Technavio recognizes the following companies as the key players in the global horizontal carousel market: Kardex Remstar, SSI SCHAEFER, ULMA Handling Systems, and Bastian Solutions.

Other Prominent Vendors in the market are: Dexion, SencorpWhite, and Modula Logistics Automation.

The latest trend gaining momentum in the market is Introduction of voice recognition in picking process in horizontal carousel. Voice picking supports the requirements of peak seasons and the variable SKU locations in retail warehouses. Light-directed picking, now used in almost all the company’s horizontal carousels, includes voice-directed picking combined with scanning and radio frequency (RF) technology.

Order a Purchase Report Copy at https://www.marketresearchnest.com/purchase.php?reportid=264828
(This is premium report, Single User License – USD 3500 and Corporate User License – USD 6000)

According to the report, one of the major drivers for this market is Increased use of automation. Automation is expanding in the material handling process to save costs and reduce lead time. While Germany was the leader in the process, the rest of Europe and America are coming closer to Central European standards, followed by APAC and South America. The increasing use of storage and retrieval machines without the operator is one of the indicators of increasing automation.

Further, the report states that one of the major factors hindering the growth of this market is Volatile steel prices. Steel is one of the heavily used raw materials in the horizontal carousel market. With signs of the global economic recovery, steel prices have started increasing. This volatility in steel prices can result in a drop in the margins of horizontal carousel companies. However, leading suppliers such as Kardex Remstar can pass on steel price fluctuations to their customers as many of them tend to accept fluctuating steel costs by using a special formula when calculating prices.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Inquire before buying this report at https://www.marketresearchnest.com/enquirybuy.php?reportid=264828

MarketResearchNest.com is the most comprehensive collection of market research products and services on the Web. We offer reports from almost all top publishers and update our collection on daily basis to provide you with instant online access to the world’s most complete and recent database of expert insights on global industries, organizations, products, and trends.

Mr. Jeet Jain
Sales Manager
sales@marketresearchnest.com
+1-240-284-8070 / +44-20-3290-4151

This release was published on openPR.