Automated Storage and Retrieval System (ASRS) Market Size 2019: Global Trends, Leading Players, Opportunities and Forecast by Regions, Applications, Dynamics, Segmentation and Outlook 2023

Automated Storage and Retrieval System (ASRS) Market Size 2019: Global Trends, Leading Players, Opportunities and Forecast by Regions, Applications, Dynamics, Segmentation and Outlook 2023

“Market Research Future”
Market Research Future published a research report on “Global Automated Storage and Retrieval System Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Highlights

The study reveals that Automated Storage and Retrieval System is trending in North America region. In recent times, the mini-load systems are required to extract that grasp handles on vacuums that attach with suction. Additionally, the Robotic arms also play a crucial role in AS/RS mini-loads. The utilizing AS/RS will increase efficiency and throughput, that provide more space, and reduces building costs, will lead to the growth of this market.

The study indicates that the warehouse automation systems has configured to be completely redundant, spreading inventory and also reduces the need on the ability of any AS/RS Shuttle to handle a task.

The Automated Storage and Retrieval System Market is growing rapidly over 7.7% of CAGR and is expected to reach at USD $~10.81 Billion by the end of forecast period.

Key Players

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.

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Market Segmentation:

  • By type, the global automated storage and retrieval system market has been segmented into unit load, mini load, micro load, vertical lift module, horizontal / vertical carousel, mid load, and others.
  • By applications, the automated storage and retrieval system market has been segmented into Order Picking, Replenishment, Kitting, Order Picking, Distribution, Storage, security, production, consolidation, assembly, and others.
  • By end-user, the global automated storage and retrieval system market has been segmented into semiconductor & electronics, metals & heavy machinery, automotive, e-commerce, chemicals, food & beverages, aviation, healthcare, and others.

Regional Analysis:

The global automated storage and retrieval system market, by region, has been segmented into Asia Pacific, North America, Europe and the Rest of the World (RoW). Among these, North America is the most prominent regional market and is likely to benefit from the consolidation of key players. Europe is also a crucial revenue pocket and is anticipated to expand substantially in the years to come. Asia Pacific signifies potential and is forecasted to emerge as a booming market towards the end of the assessment period. China, Japan, and South Korea are the major country-level automated storage and retrieval system markets of the region.

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TABLE OF CONTENTS

1 Market Introduction

1.1 Introduction

1.2 Scope Of Study

1.2.1 Research Objective

1.2.2 Assumptions

1.2.3 Limitations

1.3 Market Structure:

1.3.1 Global Automated Storage And Retrieval System Market: By Type

1.3.2 Global Automated Storage And Retrieval System Market: By Application

1.3.3 Global Automated Storage And Retrieval System Market: By End User

1.3.4 Global Automated Storage And Retrieval System Market: By Region

2 Research Methodology

2.1 Research Application

2.2 Primary Research

2.3 Secondary Research

2.4 Forecast Model

3 Market Dynamics

3.1 Introduction

3.2 Market Drivers

3.3 Market Challenges

3.4 Market Opportunities

4 Executive Summary

5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.2 Supply Chain Analysis

Continued…

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