Press release
Automated Storage and Retrieval System (ASRS) Market to 2025 with Leading Key Players: Bastian Solutions, Interlake Mecalux, Kardex, Daifuku, Intelligrated
The Global Automated Storage and Retrieval System (ASRS) Market accounted for US$ 6,507.2 Mn in 2016 and is expected to grow at a CAGR of 8.7% during the forecast period 2016 – 2025, to account for US$ 13,808.2 in 2025.The Automated Storage and Retrieval System (ASRS) market has experienced significant growth and adoption rate in the past few years and is expected to experience notable growth and adoption in years to come. ASRS systems also play important role in robotics; where they are used to guide the autonomous robots called as ‘self-navigating robots’. Various industries such as electronics, automotive, aerospace, food & beverage, pharmaceuticals and electronics are pretty concerned about reducing labor intensive processes, increasing accuracy and speed for the task of storage and then retrieval of their products whenever required. A variety of ASRS systems are available in the market out of which many systems are highly flexible and can be relocated. Other benefits include improved ergonomics, better inventory control, workplace safety and others. Asia Pacific Automated Storage and Retrieval System (ASRS) market region is expected to witness a CAGR growth rate of 11.1% in the coming years.
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The List of Companies:
• Bastian Solutions Inc.
• Interlake Mecalux
• Kardex Group
• Daifuku Co. Ltd.
• Intelligrated
• Murata Machinery Ltd.
• System Logistics Spa
• SSI Schaefer Systems International
• Swisslog Holding AG
• Vanderland Industries B.V.
• Dematic
• Witron
Automated Storage and Retrieval System (ASRS) Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as Automated Storage and Retrieval System (ASRS) Market industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.
The Automated Storage and Retrieval System (ASRS) Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2015 – 2025, considering 2015 as the base year and 2016 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The Automated Storage and Retrieval System (ASRS) Market qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Strategic Insights:
The market initiative and new development was observed as the most adopted strategy in global Automated Storage and Retrieval System (ASRS) Market. Few of the recent strategies by some of the players operating in Automated Storage and Retrieval System (ASRS) Market landscape are listed below-
2017: Bastian Solutions has expanded its consulting services in Mexico with a view to tap larger market opportunities.
2017: Toyota Industries Corporation to acquire Vanderlande.
2016: System Logistics SpA announced that it has acquired Illinois Tool Works Inc.’s Vertique business through System Logistics Corporation.
2016: Mecalux will automate the JC Valves warehouse to streamline storage and speed up order preparation.
GLOBAL AUTOMATED STORAGE AND RETRIEVAL SYSTEM (ASRS) MARKET – SEGMENTATION
BY TYPES
Unit Load ASRS
Mini Load ASRS
Carousals
Vertical Lift Module
BY End User
Automotive
Electronics
Food & Beverage
E-Commerce
Aerospace
Logistics
Pharmaceuticals
Retail
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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, Healthcare, Manufacturing, Automotive and Defense.
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