MARKET SEGMENTATION IN HEAVY DUTY RACKS IN THE WORLD

"Increasing demand for industrial racking systems in multiple sectors, such as logistics and e-Commerce"

The increasing number of warehouses  across the globe is the primary factor that is the primary global industrial  racking  systems market growth over the  forecast period.Moreover ,the growth in the e- commerce  sector is boosting the  warehouse management  systems market, a specialized segment of industrial racking system.For instance, online salesin the U.S is expected to reach more than U.S$ 500 billion, which is a testament to the  rising importance of industrial racking system.By this, the  demand for material  handling equipment increase in the coming future in the U.S and  as well as globally.

You can see the  heavy duty rack types which had got biggest market shae in the  world follows :

We face the interesting circumstance.The Cantilever Arm Racking System, which is not possible to stack pallet racks unless steel trays are placed between the arms, is the 2018 leader in the global market with 23%.This shows that the products were stored transversely, except for pallet racking systems, are quite a lot in countries around the world.