Press release
Automated Storage and Retrieval Systems Market - What will be the Market Size, Trends and growth in 2025 worldwide?
The Insight Partners
Automated storage and retrieval system is one of the most important material handling system, which is extensively used in distribution center and production environment. Automated storage and retrieval system plays an important role in modern factories and provides the advantages of improved inventory control, cost-effective utilization of space, time and equipment. It plays a major role in meeting the demand for logistic operations. Automated storage and retrieval system are used for placing products from storage to achieve the orders. It is a storage system that are being used on operator’s command either for storage or retrieval of product inside a warehouse for space efficiency needs. These automated storage eliminates human involvement in performing basic sets of operation such as removal of an item from a storage place automatically, transferring item to specific processing point and after receiving it can automatically be stored at predetermined place. Automated storage and retrieval system include some of the benefits such as safer operation, high-density storage, and modular design, improved handling ability and improved picking accuracy.
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One of the major driving factors surging the growth of automated storage and retrieval system is rising demand for well managed SCM by various industries such as retail, e-commerce and logistics and emergence of flexible manufacturing system. In addition to this the another factor which drives the market is space and cost efficiencies which is been realized after implementation of automated storage and retrieval system and boosting investments from various corners for further up gradations in the technology. However, the factors hindering the growth of automated storage and retrieval system are need for skilled workforce, high initial cost. Increased Research and development spending .minimization of AMHE and growing need for automation system to handle SKU production is expected to boost the market over the forecasted period.
Automated Storage and Retrieval Systems Market Players:
1. Bastian Solutions, Inc.
2. Daifuku Co. Ltd.
3. Intelligrated
4. Interlake Mecalux
5. Kardex Group
6. Murata Machinery Ltd.
7. System Logistics SpA
8. SSI Schaefer Systems International
9. Swisslog Holding AG
10. Vanderlande Industries B.V.
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The report segments the global ASRS market as follows:
Global ASRS Market – By Types
Unit Load ASRS
Mini Load ASRS
Carousals
VLM
Others
Global ASRS Market – By End-user
Automotive
Electronics
Food & Beverage
E-commerce
Logistics
Pharmaceuticals
Retail
Others
Global ASRS Market – By Geography
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
Spain
U.K.
Asia Pacific (APAC)
Japan
China
India
Australia
Middle East & Africa (MEA)
Saudi Arabia
South Africa
U.A.E.
South America (SAM)
Brazil
View Complete Report at http://www.theinsightpartners.com/reports/automated-storage-and-retrieval-systems-market-research-report
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
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