Press release
Automated Storage and Retrieval System Market 2019-2025 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2025
Automated Storage and Retrieval System Market has been positively influenced by the growing e-commerce market in emerging economies. ASRS is increasingly adopted to sort, sequence, buffer, and store a wide range of products into virtually unlimited destinations. ASRS consists of a variety of computerized technology systems for automatic placing and retrieving parts and items from storage locations. Automated storage and retrieval system market is gaining traction as it is used in manufacturing, distribution, retail, wholesale and institutions for automated storage and retrieval of parts and items.To Request a Sample of our Report on Automated Storage and Retrieval System Market: https://www.omrglobal.com/request-sample/automated-storage-and-retrieval-system-asrs-market
ASRS technology assists the companies in cutting expenses by minimizing unnecessary storage of items and parts and allows more storage due to narrow aisles and assists high-density storage. It also assists in the logical representation of products which improve the delivering process. For instance, the products that are used together are arranged side by side. Additionally, it also assists in reducing the labor costs and increase accuracy and safety to the products. ASRS has a huge influence where there is a very high volume of parts and products moved in and out of storage. It is the technology that provides information about the product; where the product comes from, how long the product is stored and where the product is available. It minimizes the time to spend on finding the products and provide complete control of inventory management.
Moreover, ASRS also enable in maintaining the methods of storage that is Last In First Out (LIFO) and First In First Out (FIFO) of the inventories, especially in food and beverages industries. The increasing e-commerce industry around the globe aids the development of warehouses and effective management in different regions. It also benefits in the optimization of logistics for frequent safe, and fast handling of packages. Automated storage and retrieval system market has a significant influence in automobile industries; it uses ASRS to revamp the scrambled sequence of the product before the final assembly that enables the growth of ASRS market, globally. The new automotive plants are driving the demand for ASRS. For instance, Hyundai is planning to open a new factory in Indonesia for electronic cars that rise the market demand of ASRS.
The major players of the market include BEUMER Group, Dearborn Mid-West Company, Green Automated Solutions, Inc., KION Group AG, Kubo Systems, Modula, Inc., Swisslog, KION Group, Murata Machinery, TGW Logistics, and Toyota Industries Corp. In April 2019, Daifuku Co., Ltd. acquired India-based Vega Conveyors and Automation Pvt Ltd. to improve its design, expand manufacturing, installation and after-sales services of conveyors and other material handling the equipment. In October 2018, Murata Machinery acquired Horibe Machinery Co., Ltd. to provide unique production systems that fulfill the customers need and enhancing productivity.
(Get 15% Discount on Buying this Report)
A full Report of Automated Storage and Retrieval System Market is Available at: https://www.omrglobal.com/industry-reports/automated-storage-and-retrieval-system-asrs-market
Current Market Trends Covered in the Market Report:
• Increasing real estate cost will act as a stimulus to adopt ASRS technology.
• Development of new plants in the automotive sectors has triggered the demand for ASRS market.
• Europe accounts for the largest share of ASRS market.
• Merger and acquisition are taking place for maximizing market share.
• Growing retail industries giving rise to the development of warehouses that trigger the ASRS market.
Global Automated Storage and Retrieval System Market – Segmentation
• By Type
• Unit Load
• Mini Load
• Vertical Lift Module
• Carousel
• Autostore
By Industry
• Automobile
• Metals & Heavy Machinery
• Food & Beverages
• Healthcare
• Retail
• Others
Global Automated Storage and Retrieval System Market - by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• BEUMER Group
Daifuku Co., Ltd.
Dearborn Mid-West Company
Green Automated Solutions, Inc.
Hänel Storage Systems
Honeywell International, Inc.
Kardex Group
KION Group AG
KNAPP AG
Kubo Systems
KUKA AG
MECALUX Group
Modula, Inc.
Murata Machinery, Ltd.
Schaefer Systems International, Inc.
Swisslog Holdings Ltd.
System Logistics Corp.
TGW Logistics Group
The Raymond Corp.
Toyota Industries Corp.
Vanderlande Industries
Viastore Systems, Inc.
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automated-storage-and-retrieval-system-asrs-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automated Storage and Retrieval System Market 2019-2025 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2025 here
News-ID: 2247721 • Views: …
More Releases from Orion Market Research
Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033.
Road Marking Paint Market Overview
The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new…
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period.
Outboard Boat Market Overview
The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including…
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033.
Mobile Ticketing Market Overview
The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,…
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033.
Metal Alloy Market Overview
The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in…
More Releases for ASRS
Key Influencer in the ASRS For Garments On Hangers Market 2025: E-Commerce Boom …
"What Is the Forecasted Market Size and Growth Rate for the ASRS For Garments On Hangers Market?
The ASRS for garments on hangers market has experienced strong growth in recent years. It is expected to expand from $1.9 billion in 2024 to $2.08 billion in 2025, at a compound annual growth rate (CAGR) of 9.5%. The historical growth can be attributed to the rise of retail and e-commerce, increasing environmental awareness,…
Germany ASRS Market 2023 Driving Factors Forecast Research 2029
The German automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of over 10.0% during the forecast period. This Germany ASRS Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under…
US ASRS Market 2023 Driving Factors Forecast Research 2029
The US automated storage and retrieval system (ASRS) market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.2% during the forecast period. US ASRS Market report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory…
Indian ASRS Market 2023 Driving Factors Forecast Research 2029
The Indian automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 12.7% during the forecast period. Indian ASRS Market report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory concerns and entry barriers that greatly affect the market growth. This…
China ASRS Market to Witness Robust Expansion by 2029
China automated storage and retrieval system (ASRS) market is estimated to grow at a CAGR of 11.3% during the forecast period. The major factors that are driving the China ASRS market include the rising focus of the warehousing companies towards automation and the significant growth of e-commerce and retail industries in the country. China has rapidly positioned itself as a global leader in terms of automation. According to the International…
US ASRS Market 2023 Driving Factors Forecast Research 2029
The US automated storage and retrieval system (ASRS) market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.2% during the forecast period. The growth of the market is majorly driven by the increasing application of these systems in end-user industries such as retail, e-commerce, automobile, and healthcare industry among others. In addition, the well-established ICT infrastructure of the country…
