Pallet Circulation System Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028

Pallet Circulation System Market Overview

Pallet circulation system or carousel plant is a system allowing for the mass production of reinforced concrete pre-cast elements having a straight surface and a high-level finishing, such as sandwich walls, solid walls, double walls and slabs. Pallet Circulation System includes all of the pallet transport machinery and components that are required for horizontal transport of the pallets in a carousel system production. In pallet circulation system, rollers and friction wheels are used for longitudinal transportation, while for transversal movement lateral transport units are used. The compaction systems are equipped with transport devices, which can be lowered the voids in the structure. A pallet circulation system for the production of various precast concrete parts is always planned individually as a flow production plant. The planning of the material flow and the design of individual workstations (pallet circulation system) depends on the precast concrete parts to be manufactured, for example, floor slabs, double walls, solid walls, sandwich walls or façade elements.

The global pallet circulation system market is expected to expand at a mid-single digit CAGR during the forecast period, owing to the demand for more efficient process & to reduce the overall operational cost.

Pallet Circulation System Market Dynamics

Pallet circulation system is used to increase the profitability & production by production automation. An optimized manufacturing organization is created by dividing the entire production process into individual work steps.  This is done by mechanizing individual workstations and equipping them with automation components. So, for example, pallet circulation systems are equipped with concrete spreaders, shuttering robots and powerful reinforcement manufacturing facilities. As the formwork technology determines the quality of precast concrete parts, the shuttering profiles and shuttering pallets are continuously treated with pallet cleaners and pallet oilers. The shuttering patterns are perfectly matched to the existing conditions and the system. And the demand for such optimal process is likely to boost the market for pallet circulation system during the forecast period.

Due to rapid growth in the construction sector, the demand for precast concrete in construction grows significantly. Pallet circulation systems for the production of wall panels, double walls, solid walls and sandwich walls from standard and light-weight concrete are in use all over the world to fulfill the demand for precast concrete, which is likely to boost the penetration of pallet circulation system in the near future.

All these factors are likely to boost the demand for pallet circulation system. However, installation cost for the pallet circulation system is high and the high-cost acts as a hurdle for the growth of the pallet circulation system market.

Pallet Circulation System Market Segmentation

Pallet Circulation System market is segmented on the basis of system type, operation type, operational capacity, application & region. By system type, global pallet circulation system market is segmented as longitudinal, transversal & central moving (combination of both longitudinal & transverse). By operation type, the global market for Pallet Circulation System is segmented into semi-automatic & automatic. On the basis of operational capacity, the global market for pallet circulation system is segmented as below 500 m², 500-1000 m², 1000-1500 m², 1500-2000 m² & above 2000 m². By application, the global market for pallet circulation is segmented as floor slab, double wall/sandwich wall, solid wall / solid floor, hollow core slab, facade element & others. The global market for pallet circulation system is segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania & MEA, by region.

Pallet Circulation System Market Regional Overview

North American market for pallet circulation system is estimated to dominate the global market followed by Europe & Asia Pacific (South & East Asia and Oceania). The Asia Pacific region is likely to be the fastest growing market for pallet circulation system, owing to the high demand from construction sector. Constructional activity from the developing nation in Asia Pacific, such as China & India, showing high growth, which is expected to upsurge in demand for pallet circulation system. Middle East and Africa region are also showing substantial growth in pallet circulation system market as construction industry is one of the major industry in the region. Latin American market for pallet circulation system showing positive outlook during the forecast period owing to the economic recovery & growing construction sector in the region. North America & European market for pallet circulation system market is showing the significant growth in the near future owing to the high constructional activity & also home for most of the key player.

Pallet Circulation System Market Overview Prominent Players

The global Pallet Circulation System market is dominated by key players such as Weckenmann Anlagentechnik GmbH & Co. KG, Vollert, Olmet, Tecno Germa, Avermann, PREQAST Precast Technology (Austria) and Unitechnik, among others. 

The research report presents a comprehensive assessment of the Pallet Circulation System market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to Pallet Circulation System market segments such as equipment type, vehicle type, end user & region.

The Pallet Circulation System Market report covers exhaustive analysis on:

• Pallet Circulation System Market Segments
• Pallet Circulation System Market Dynamics
• Pallet Circulation System Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

Regional analysis for Pallet Circulation System Market includes:

• North America (U.S., Canada)
• Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of Latin America)
• Europe (EU-4, BENELUX, Nordic, U.K., Germany, Eastern Europe, Rest of Europe)
• East Asia (China, Japan & South Korea)
• South Asia (India, Malaysia, Thailand, Indonesia)
• Oceania (Australia & New Zealand)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa, Rest of MEA)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on Pallet Circulation System market segments and geographies.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on Pallet Circulation System market performance
• Must-have information for market players to sustain and enhance their market footprint