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Warehouse Racking Market size to increase by USD 1.74 Bn | Evolving Opportunities with AK Material Handling Systems and Daifuku Co. Ltd. | Technavio
NEW YORK, June 22, 2022 /PRNewswire/ -- The "Warehouse Racking Market by End-user and Geography - Forecast and Analysis 2021-2025" report has been added to Technavio's offering. The report identifies AK Material Handling Systems, Daifuku Co. Ltd., Honeywell International Inc., Interroll Holding AG, and Kardex AG among others as some of the key vendors operating in the market.
Technavio expects the global warehousing racking market size to increase by USD 1.74 billion between 2020 and 2025. The market observed a YOY growth of 4.91% in 2021 and the growth momentum is expected to accelerate at a CAGR of 5.92% during the forecast period.
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Segmentation Analysis The 128-page report segments the global warehousing racking market by end-user (automotive industry, food and beverage industry, retail industry, and other industries) and geography (APAC, North America, Europe, MEA, and South America).
Warehouse Racking Market End-user Outlook (Revenue, USD bn, 2020-2025) - Automotive industry - size and forecast 2020-2025
- Food and beverage industry - size and forecast 2020-2025
- Retail industry - size and forecast 2020-2025
- other industries - size and forecast 2020-2025
By end-users, the automotive industry is exhibiting high demand for warehousing racking. Racking systems are generally in the automotive industry for storing small auto parts as it is ideal for quick and easy access to stock. The demand for such solutions is steadily increasing in the automotive industry with the growing sales of passenger and commercial vehicles. In addition, increased investments in the expansion of production facilities by prominent automobile manufacturers is contributing to the growth of the segment.
Warehouse Racking Market Geography Outlook (Revenue, USD bn, 2020-2025) - APAC - size and forecast 2020-2025
- North America - size and forecast 2020-2025
- Europe - size and forecast 2020-2025
- MEA - size and forecast 2020-2025
- South America - size and forecast 2020-2025
By region, APAC will present significant growth opportunities for market players during the forecast period. The market will register the fastest growth in APAC and about 62% of the market growth is expected to originate in the region. The primary factor driving the growth of the regional market is the increasing demand for warehouse racking from end-user industries such as automotive, food and beverage, retail, and other industries. In addition, significant industrial development across countries such as China, India, South Korea, Indonesia, and Taiwan are contributing to the growth of the warehouse racking market in APAC.
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Major Warehouse Racking Companies:
AK Material Handling Systems: The company offers pallet racks for warehouse racking systems.
Daifuku Co. Ltd.: The company offers warehouse racking systems such as mobile pallet racking and shuttle rack L.
Honeywell International Inc.: The company offers warehouse racking systems under the brand name Momentum.
Interroll Holding AG: The company offers Interroll carton wheel flow for warehouse racking systems.
Kardex AG: The company offers warehouse racking systems under the brand name Mcompact.
Explore other dominant players in the market. Our reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
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Related Reports:
Warehouse Racking Market Scope
| Report Coverage
| Details
| Page number
| 120
| Base year
| 2020
| Forecast period
| 2021-2025
| Growth momentum & CAGR
| Accelerate at a CAGR of 5.92%
| Market growth 2021-2025
| USD 1.74 billion
| Market structure
| Fragmented
| YoY growth (%)
| 4.91
| Regional analysis
| APAC, North America, Europe, MEA, and South America
| Performing market contribution
| APAC at 62%
| Key consumer countries
| China, US, Germany, South Korea (Republic of Korea), and India
| Competitive landscape
| Leading companies, competitive strategies, consumer engagement scope
| Companies profiled
| AK Material Handling Systems, Daifuku Co. Ltd., Honeywell International Inc., Interroll Holding AG, Kardex AG, KION GROUP AG, Mecalux SA, Murata Machinery Ltd., SSI SCHAEFER Group, and Toyota Industries Corp.
| Market Dynamics
| Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period.
| Customization purview
| If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
|
Table of Contents:
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis: Air freight and logistics
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by End-user
- 5.1 Market segments
- Exhibit 15: End-user - Market share 2020-2025 (%)
- 5.2 Comparison by End-user
- Exhibit 16: Comparison by End-user
- 5.3 Automotive industry - Market size and forecast 2020-2025
- Exhibit 17: Automotive industry - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Automotive industry - Year-over-year growth 2020-2025 (%)
- 5.4 Food and beverage industry - Market size and forecast 2020-2025
- Exhibit 19: Food and beverage industry - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Food and beverage industry - Year-over-year growth 2020-2025 (%)
- 5.5 Retail industry - Market size and forecast 2020-2025
- Exhibit 21: Retail industry - Market size and forecast 2020-2025 ($ million)
- Exhibit 22: Retail industry - Year-over-year growth 2020-2025 (%)
- 5.6 Other industries - Market size and forecast 2020-2025
- Exhibit 23: Other industries - Market size and forecast 2020-2025 ($ million)
- Exhibit 24: Other industries - Year-over-year growth 2020-2025 (%)
- 5.7 Market opportunity by End-user
- Exhibit 25: Market opportunity by End-user
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 27: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 28: Geographic comparison
- 7.3 APAC - Market size and forecast 2020-2025
- Exhibit 29: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
- 7.4 North America - Market size and forecast 2020-2025
- Exhibit 31: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 32: North America - Year-over-year growth 2020-2025 (%)
- 7.5 Europe - Market size and forecast 2020-2025
- Exhibit 33: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 34: Europe - Year-over-year growth 2020-2025 (%)
- 7.6 MEA - Market size and forecast 2020-2025
- Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)
- 7.7 South America - Market size and forecast 2020-2025
- Exhibit 37: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 38: South America - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 39: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 40: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.2 Market challenges
- Exhibit 41: Impact of drivers and challenges
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 42: Vendor landscape
- 9.3 Landscape disruption
- Exhibit 43: Landscape disruption
- Exhibit 44: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 45: Vendors covered
- 10.2 Market positioning of vendors
- 10.3 AK Material Handling Systems
- Exhibit 47: AK Material Handling Systems - Overview
- Exhibit 48: AK Material Handling Systems - Product and service
- Exhibit 49: AK Material Handling Systems - Key offerings
- 10.4 Daifuku Co. Ltd.
- Exhibit 50: Daifuku Co. Ltd. - Overview
- Exhibit 51: Daifuku Co. Ltd. - Business segments
- Exhibit 52: Daifuku Co. Ltd. - Key offerings
- Exhibit 53: Daifuku Co. Ltd. - Segment focus
- 10.5 Honeywell International Inc.
- Exhibit 54: Honeywell International Inc. - Overview
- Exhibit 55: Honeywell International Inc. - Business segments
- Exhibit 56: Honeywell International Inc. - Key news
- Exhibit 57: Honeywell International Inc. - Key offerings
- Exhibit 58: Honeywell International Inc. - Segment focus
- 10.6 Interroll Holding AG
- Exhibit 59: Interroll Holding AG - Overview
- Exhibit 60: Interroll Holding AG - Business segments
- Exhibit 61: Interroll Holding AG - Key offerings
- Exhibit 62: Interroll Holding AG - Segment focus
- 10.7 Kardex AG
- Exhibit 63: Kardex AG - Overview
- Exhibit 64: Kardex AG - Business segments
- Exhibit 65: Kardex AG - Key offerings
- Exhibit 66: Kardex AG - Segment focus
- 10.8 KION GROUP AG
- Exhibit 67: KION GROUP AG - Overview
- Exhibit 68: KION GROUP AG - Business segments
- Exhibit 69: KION GROUP AG - Key news
- Exhibit 70: KION GROUP AG - Key offerings
- Exhibit 71: KION GROUP AG - Segment focus
- 10.9 Mecalux SA
- Exhibit 72: Mecalux SA - Overview
- Exhibit 73: Mecalux SA - Product and service
- Exhibit 74: Mecalux SA - Key news
- Exhibit 75: Mecalux SA - Key offerings
- 10.10 Murata Machinery Ltd.
- Exhibit 76: Murata Machinery Ltd. - Overview
- Exhibit 77: Murata Machinery Ltd. - Business segments
- Exhibit 78: Murata Machinery Ltd. - Key offerings
- Exhibit 79: Murata Machinery Ltd. - Segment focus
- 10.11 SSI SCHAEFER Group
- Exhibit 80: SSI SCHAEFER Group - Overview
- Exhibit 81: SSI SCHAEFER Group - Product and service
- Exhibit 82: SSI SCHAEFER Group - Key offerings
- 10.12 Toyota Industries Corp.
- Exhibit 83: Toyota Industries Corp. - Overview
- Exhibit 84: Toyota Industries Corp. - Business segments
- Exhibit 85: Toyota Industries Corp. - Key offerings
- Exhibit 86: Toyota Industries Corp. - Segment focus
11 Appendix
- 11.2 Currency conversion rates for US$
- Exhibit 87: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 88: Research Methodology
- Exhibit 89: Validation techniques employed for market sizing
- Exhibit 90: Information sources
- 11.4 List of abbreviations
- Exhibit 91: List of abbreviations
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com/
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