The automated storage and retrieval systems are commonly known as AS/RS Systems. These systems provide users with increased inventory control and tracking, including greater flexibility to accommodate changing business conditions. The rising demand of AS/RS system helps to provide a detailed value chain analysis that of the warehouse and manufacturing sectors and helps to provide the information with high accuracy. The organic automated storage and retrieval system segment is expected to account for the largest share majorly due to ensure efficient order fulfillment and also helps to reduce labor cost for material storage and retrieval.
The study signifies that Automated Storage and Retrieval Systems (AS/RS) are typically used in applications where there is a very high volume of loads which is being moved in and out of storage. This storage density is further important because due to space constraints; no value adding content is present in this process.
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The automated storage and retrieval system helps to scale up the business and supports to set high goals. The AS/RS also fulfill the space requirement for more than 300 well-known companies, including Van Den Ban, Audi and among them. Moreover, this system also offers the real-time data, which is eliminating need for physical storage and also providing direct access to items at all times which is further signifies as a key driver of automated storage and retrieval systems.
The global Automated Storage And Retrieval System Market is expected to grow at USD$ ~10.81 Billion by 2023, at ~7.7% of CAGR between 2018 and 2023.
The prominent players in the Automated Storage and Retrieval System Market are –TGW Logistics Group GmbH (Austria), Swisslog Holding AG (Switzerland), Daifuku Co., Ltd. (Japan), SSI Schaefer Group (Germany), Murata Machinery (Japan), Knapp AG (Austria), Mecalux SA (Spain), Vanderlande Industries (Netherlands), System Logistics Corporation (Italy), Bastian Solution (US), Beumer Group (Germany), Dematic GmbH & Co. KG (Germany) and Kardex Group (Switzerland) among others.
The global Automated Storage and Retrieval System market has been segmented on the basis of type, application, end -users and region.
Automated Storage and Retrieval System Market by Type:
- Unit Load
- Mini Load
- Micro-load AS/RS
- Vertical Lift Module
- Horizontal / Vertical Carousel
- Mid Load
Automated Storage and Retrieval System Market by Application:
- Order picking
Automated Storage and Retrieval System Market by End-User:
- Semiconductor & Electronics
- Food & Beverages
- Metals & Heavy Machinery
Automated Storage and Retrieval System Market by Regions:
- North America
- Rest of the World
Market Research Analysis:
On geographic basis, Automated Storage and Retrieval System market is studied in different regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region is leading with largest market share growth in the Automated Storage and Retrieval System market as the trend of e-commerce in the logistics and warehousing industry is growing in these regions. In this market, Europe is to be estimated to be the second largest market share for Automated Storage and Retrieval System solutions during the forecast period.
- Raw material providers
- Automated Storage and Retrieval System manufacturing companies
- Product sales and distribution companies
- Government regulatory authorities
- ASRS Original Equipment Manufacturers
- Raw Material Suppliers
- Assembly and Packaging Vendors
- Technical Universities
- Technology standards organizations
- Technology investors
- Research institutes,
- System Integrators
- Research/Consultancy firms
Table of Contents:
List of Tables
Table 1 Automated Storage And Retrieval System Market, By Type
Table 2 Automated Storage And Retrieval System Market, By Application
Table 3 Automated Storage And Retrieval System Market, By End-User
Table 4 Automated Storage And Retrieval System Market, By Regions
List of Figures
Figure 1 Research Methodology
Figure 2 Automated Storage And Retrieval System Market: By Type
Figure 3 Automated Storage And Retrieval System Market: By Application
Figure 4 Automated Storage And Retrieval System Market: By End-User
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