Global Transport Racks Market 2018-2022
- Published: Sep 2018
- Pages: 95
- SKU: IRTNTR23322
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The transport racks market size will grow by USD 119.63 million during 2018-2022. This report offers an analysis of the market based on end-user (construction, automotive, and others) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including Groves Incorporated, Nefab Group, Plymouth Industries, and Spika Design & Manufacturing.
Below are some of the key findings from the transport racks market research report
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Global Transport Racks Industry Overview
The requirement for transport racks has been increasing with the increase in global import and export activities. This growing demand for transport racks from the logistics industry is a crucial driver for the global transport racks market. The increase in import and export activities will drive the growth of the global logistics market. Third-party logistics, trucking, and shipping companies are increasingly using transport racks for the transportation of goods. Moreover, the increasing demand for safe handling and transportation from automotive and glass end-user industries will induce logistics and transportation companies to adopt transport racks.
There is an increase in supply chain complexities due to the fast-growing trade activities across the globe. Thus, manufacturing companies and warehousing service providers are looking for efficient solutions to improve operational effectiveness at a low cost. The adoption of automation and robotics is simplifying the warehousing complexities by reducing human interventions. Thus, the increasing demand for automation and robotics will be one of the key trends driving the growth of the transport racks market at a CAGR of over 6% during the forecast period.
Top transport racks companies covered in this market research report
The transport racks market is fairly fragmented. Several companies are offering a wide variety of products including bundle racks, heavy-duty transport racks, single-sided truck racks, steel racks, barrel racks, custom racks, rotor blade racks, and cowling racks. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this transport racks industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- Groves Incorporated
- Nefab Group
- Plymouth Industries
- Spika Design & Manufacturing
Transport racks market segmentation based on geographic regions
- Americas
- APAC
- EMEA
With a complete study of the growth opportunities for the companies, the EMEA region dominated the transport racks market with a market share of about 42% in 2017.
Transport racks market segmentation based on end users
- Construction
- Automotive
- Others
The construction segment accounted for the largest market share of the transport racks market. Additionally, the report also provides an accurate prediction of the contribution of the various end users segments to the growth of the transport racks market size.
Key highlights of the global transport racks market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the transport racks market during the next five years
- Precise estimation of the global transport racks market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- Growth of the transport racks industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of transport racks companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Construction – Market size and forecast 2017-2022
- Automotive – Market size and forecast 2017-2022
- Others – Market size and forecast 2017-2022
- Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- EMEA – Market size and forecast 2017-2022
- Americas – Market size and forecast 2017-2022
- APAC – Market size and forecast 2017-2022
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Increasing demand for automation and robotics
- Reduced number of automotive equipment
- Increasing requirement for safe material handling and transportation in developing economies
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Groves Incorporated
- Nefab Group
- Plymouth Industries
- Spika Design & Manufacturing
PART 15: APPENDIX
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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