Automated Storage and Retrieval System (ASRS) Market is projected to reach USD 10.66 billion by 2025 & Top Players- Daifuku Co. Ltd., SSI Schaefer Group, Murata Machinery, Knapp AG, TGW Logistics Group GmbH, Kardex Group, Swisslog Holding AG, Mecalux SA

An exclusive Automated Storage and Retrieval System (ASRS) Market research report created through broad primary research (inputs from industry experts, companies, and stakeholders) and secondary research, the report aims to present the analysis of Global Automated Storage and Retrieval System (ASRS) Market by Type, By Application, By Region - North America, Europe, South America, Asia-Pacific, Middle East and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global Infection Surveillance Solutions Market. Additionally, the report also highlights market entry strategies for various companies across the globe.

Worldwide Automated Storage and Retrieval System (ASRS) Market Analysis to 2025 is a specialized and in-depth study of the ASIC Miner industry with a focus on the global market trend. The report aims to provide an overview of global Automated Storage and Retrieval System (ASRS) Market with detailed market segmentation by product/application and geography. The global Automated Storage and Retrieval System (ASRS) Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the Surveillance Solutions Market players and offers key trends and opportunities in the market.

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According to Verified Market Intelligence, The Global Automated Storage and Retrieval System (ASRS) Market was valued at USD 5.60 billion in 2016 and is projected to reach USD 10.66 billion by 2025, growing at a CAGR of 7.42% from 2017 to 2025.

Automated storage and retrieval systems (ASRS) are a major part of many warehouse automation system that has the ability to sort, sequence, buffer, and store a wide range of goods into virtually unlimited destinations. It mainly comprises of storage and retrieval machines, rack structure, conveyor interface, and warehouse control system. ASRS has a wide range of applications in warehouses and distribution centers such as finished goods storage, goods to person picking, order fulfillment and many more. Apart from all this, it also helps in managing all the functions of automated equipment and tracking load movements in and out of the system. Increasing demand for storages in manufacturing plants, distributions centers and warehouses majorly contributes to the growth of automated storage and retrieval systems (ASRS) market.

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The rise of new technologies such as mid load and pallet shuttle, Improvement in supply chain efficiency and productivity and enhanced productivity of employee have been driving the global automated storage and retrieval systems (ASRS) market. On the other hand, increasing the risk of equipment malfunction, a necessity for large capital investments and technical complexities for the operational procedures might hinder the overall growth at a global level.

The “Global Automated Storage and Retrieval System (ASRS) Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Daifuku Co. Ltd., SSI Schaefer Group, Murata Machinery, Knapp AG, TGW Logistics Group GmbH, Kardex Group, Swisslog Holding AG, Mecalux SA, Vanderlande Industries, System Logistics Corporation, and Bastian Solution,. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

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