Industrial Casters Market size was valued at USD 6.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.5% from 2026 to 2033, reaching USD 9.8 Billion by 2033.
The global industrial casters market was valued at approximately USD 7.5 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. This growth can be attributed to the increasing demand for material handling equipment across various industries such as manufacturing, logistics, automotive, and aerospace. The rising adoption of automation in warehouses and distribution centers has significantly boosted the need for durable and efficient caster solutions. Heavy duty casters, swivel casters, and rigid casters are gaining traction due to their high load bearing capacity and smooth maneuverability. Furthermore, the emergence of advanced caster technologies like shock absorbing and noise reducing casters has contributed to market expansion.
Regionally, North America dominated the industrial casters market in 2022, accounting for over 35% of the global revenue, driven by strong manufacturing and logistics sectors. Europe followed closely, capturing around 28% of the market share, driven by the rise in industrial automation and modernization of manufacturing facilities. The Asia Pacific region is projected to witness the highest growth rate, with a CAGR of 6.8% during the forecast period, attributed to rapid industrialization and the expansion of e commerce logistics. Additionally, Latin America and the Middle East & Africa are also anticipated to experience steady growth, driven by infrastructural developments and increasing investment in industrial projects. The rising demand for efficient mobility solutions in material handling operations continues to create lucrative opportunities in the global industrial casters market.
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Colson Group
Tente International
Blickle
TAKIGEN
Payson Casters
Hamilton
TELLURE
Samsongcaster
CEBORA
ER Wagner
Flywheel Metalwork
Uchimura Caster
RWM Casters
Darcor
ZONWE HOLDING GROUP
Qingdao Shinhee
Regal Castors
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Industrial Casters Market
Light-duty Casters
Medium-duty Casters
Heavy-duty Casters
Extra Heavy-duty Casters
Plastic Casters
Rubber Casters
Metal Casters
Polyurethane Casters
Stainless Steel Casters
Small Diameter Casters (up to 4 inches)
Medium Diameter Casters (4 to 8 inches)
Large Diameter Casters (over 8 inches)
Rigid Casters
Swivel Casters
Locking Casters
Braked Casters
Industrial Machinery
Medical Equipment
Material Handling Equipment
Furniture
Warehouse Racking Systems
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Industrial Casters Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Industrial Casters Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Industrial Casters Market, By Type
6. Global Industrial Casters Market, By Application
7. Global Industrial Casters Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Industrial Casters Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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