Press release
Automated Storage and Retrieval System (ASRS) Market Leading Players Bastian Solutions, Daifuku, Kardex Group, Mecalux ,TGW Logistics, System Logistics Corporation, Vanderlande Industries, SSI Schaefer, Egemin Automation,Knapp
Automated Storage and Retrieval System (ASRS) Market
Pharmaceutical industry has been one of the highly regulated industries for 100% quality control compared to any other industry. Precision is one of the important aspects of any production activity. Extreme hygienic conditions are required in any pharmaceutical manufacturing process. ASRS solutions such as VLM offer dust-protection concept to safeguard these products to come in contact with any foreign particles.
The key players influencing the market are:
- Bastian Solutions, LLC
- Daifuku Co., Ltd.
- Kardex Group
- Mecalux S.A.
- TGW Logistics Group
- System Logistics Corporation
- Vanderlande Industries B.V.
- SSI Schaefer Group
- Egemin Automation, Inc.
- Knapp AG
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Key trends which will predominantly effect market in the coming years is automated storage and retrieval system market consolidation due to growing competition. Established players in the storage system arena are looking for integration of IoT and robotics to further grab better opportunities. Daifuku Co.Ltd., Kardex Group, Intelligrated and Interlake Mecalux are few of the major players in this market that provide solutions pertaining to automated storage and retrieval systems. The space and cost savings realized after implementations of automated storage and retrieval systems is reaping rich dividends for the users of it and thus, encouraging investments from various corners for further up gradations in the technology.
Automated Storage and Retrieval System market by end-user vertical is segmented into aerospace, automotive, electronics, e-commerce, retail, logistics, food & beverage, pharmaceutical, and others (agriculture, oil & gas, and construction). Several warehouses and industrial facilities are following a trend to install automated solutions to enhance their warehouse operations, worker safety and comfort as well as profits. Vertical lift module is one such automated storage and retrieval solution, which delivers benefits such as reduced labor costs, increased inventory control, space savings, accuracy & productivity, ergonomics, safety & protection and flexibility.
The overall automated storage and retrieval system market size has been derived using both primary and secondary source. The research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the automated storage and retrieval system market.
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Reason To Buy
Highlights key business priorities in order to assist companies to realign their business strategies
- Highlights Automated Storage and Retrieval System (ASRS) Market hereby allowing organizations to gain revenues by focusing majorly on select products
- The key findings and recommendations highlight crucial progressive industry trends in the Automated Storage and Retrieval System (ASRS) Market, thereby allowing players across the value chain to develop effective long term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
- Examine the current and future impact of the market and PEST analysis for regions such as North America, Europe, APAC, Middle-East & Africa and South America
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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, Healthcare, Manufacturing, Automotive and Defense.
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