Global Automated Storage and Retrieval System (ASRS) Market Top Companies Bastian Solutions, Daifuku, Kardex Group, Mecalux, System Logistics, SSI Schaefer Group, Vanderlande Industries
Diverse storage solutions such as unit load, mid-load, carousels, and VLM (Vertical Lift Modules) serve various purposes of their users with added value thereby help them in reducing costs. VLMs save more than 80% of floor space by stacking the material in vertical shelves. Also, these storage systems are designed in such a way that storing and picking of goods becomes less time taking, more efficient and helps to increase productivity at the workplace. Similarly, horizontal and vertical carousels are used for storage of small parts and tools used either at the manufacturing plant shop floor or for storage of consumer goods. Moreover, the modular structure of these systems ensure flexibility and scalability. Thus, need for fast, space efficient, and cost effective storage systems along with maximum throughput and productivity, is driving the market for automated storage solutions, across most of the end-user industries.
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Countries like Japan, India, China, Australia, Singapore, Taiwan, and Indonesia have a plethora of manufacturing industries pertaining to diverse sector that includes electronics, food & beverage, chemicals, textile, automobiles, and healthcare. The manufacturing industry in the countries of Asia Pacific have experienced a huge shift over the years. The Asian manufacturing sector is known to rapidly adopt innovation accelerators that includes robotics along with the emerging cloud and mobility technologies. The key players profiled in the report are Bastian Solutions, Inc., Daifuku Co. Ltd., Kardex Group, SSI Schaeffer Systems International and Murata machinery Ltd. Among others.
Industries nowadays are experiencing huge demands for automating storage and retrieving activities, which can further increase the batch processing speeds of consumer goods and various packaged products. Thus, many-folds increase in the productivity has been driving the adoptions of automated ASRS systems in the recent times.
The global automated storage and retrieval systems (ASRS) market has been segmented on the basis of type into unit load ASRS, mini load ASRS, carousals, vertical lift modules (VLM), and others. Additionally, this market is also segmented on the basis of end-users into automotive, electronics, food & beverage, e-commerce, aerospace, logistics, pharmaceuticals, retail, and others. Geographically, the global ASRS market is segmented into North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).
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.
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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Table of Content:
Automated Storage and Retrieval System Market Landscape
3.1 Market Overview
3.2 Market Segmentation
3.2.1 Automated Storage and Retrieval System Market - By Type
3.2.2 Automated Storage and Retrieval System Market - By End-user
3.2.3 Market - By Region
220.127.116.11 By Countries
3.3 PEST Analysis
3.3.1 North America - PEST Analysis
3.3.2 Europe - PEST Analysis
3.3.3 Asia Pacific - PEST Analysis
3.3.4 Middle East and Africa - PEST Analysis
3.3.5 South America - PEST Analysis
4 Automated Storage and Retrieval System Market - Key Industry Dynamics
4.1 Impact Analysis
4.2 Key Market Drivers
4.3 Key Market Restraints
4.4 Key Market Opportunities
4.5 Future Trends
5 Automated Storage and Retrieval System Market Analysis- Global
5.1 Global Automated Storage and Retrieval System Market Overview
5.2 Global Automated Storage and Retrieval System market forecast and analysis
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