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June 17, 2021, 10:02 a.m. EDT

Horizontal Carousel Market Size Expected to Reach $3.8 Billion by 2026

The Increased Demand of Horizontal Carousels in the Pharmaceutical Industries Will Be One of the Key Driver That Contributes to the Growth of This Market.

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Market Landscape

Technology launches, acquisitions, Partnerships and RandD activities are key strategies adopted by players in the Horizontal Carousel market. In 2020, the market of Horizontal Carousel industry outlook has been fragmented by several companies. Horizontal Carousel top 10 companies include Kardex Remstar, SSI SCHAEFER, ULMA Handling Systems, Bastian Solutions, Dexion, SencorpWhite, Modula, Logistics Automation, TYT Corporation Pte Ltd, ULMA Handling Systems among others.

Acquisitions/Technology Launches

In January 2019, Newegg Inc., has improved inventory performance and overall efficiency by introducing horizontal carousels with voice-recognition systems.

Key Takeaways

Europe dominated the market by a market share of more than 37% in 2020, owing to the presence of huge manufacturing bas e in countries such as Germany, U.K and so on.

Horizontal Carousel in Automated Picking is growth at a highest CAGR of 6.0% in the forecast period as this retrieve goods quickly, reliably, and cost-effectively.

Introduction of voice recognition in picking process and Light directed picking in horizontal carousel has made several manufacturing facilities to adopt this system.

Horizontal Carousel top 10 companies include Kardex Remstar, SSI SCHAEFER, ULMA Handling Systems, Bastian Solutions, Dexion, SencorpWhite, Modula, Logistics Automation, TYT Corporation Pte Ltd, ULMA Handling Systems among others.

Related Reports :

A. Automated Storage and Retrieval Systems Market

https://www.industryarc.com/Report/10611/automated-storage-retrieval-systems-market.html

B. Warehouse Robotics Market

https://www.industryarc.com/Report/1284/Warehouse-Robotics-Market-report.html

For more Automation and Instrumentation Market reports, please click here

About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Horizontal Carousel Market Size Expected to Reach $3.8 Billion by 2026

COMTEX_388432316/2598/2021-06-17T10:01:55

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