NEW YORK, Sept. 23, 2021 /PRNewswire/ -- The horizontal carousel market is set to grow by USD 69.15 million, progressing at a CAGR of 3.54% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Factors such as increased use of automation, less floor space requirement, and increased popularity of standalone sub-systems will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The horizontal carousel market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Horizontal Carousel Market 2021-2025: Segmentation
Horizontal Carousel Market is segmented as below:
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Horizontal Carousel Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the Horizontal Carousel Market in Industrial Machinery Sector include Bastian Solutions LLC, Conveyors & Drives Inc., Daifuku Co. Ltd., Gonvarri Material Handling AS, Kardex AG, Outsource Equipment Co. LLC, SencorpWhite Inc., Southwest Solutions Group, and SSI SCHAEFER Group. To help businesses improve their market position, Technavio's report provides a detailed analysis of vendors operating in the market.
The report also covers the following areas:
Factors such as volatile steel prices, high initial cost of investment and maintenance cost, and lengthy replenishment process may threaten the growth of the market.
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Backed with competitive intelligence and benchmarking, our research reports on the horizontal carousel market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
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Horizontal Carousel Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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