Asia-Pacific Automated Storage and Retrieval Systems Market 2021 Analysis by Global Manufacturers - Murata Machinery, Daifuku, Siemens, Bosch Rexroth, Swisslog Holding

The Asia-Pacific Automated Storage and Retrieval Systems Market Research Report is an in-depth study that provides industry-leading insight into existing and emerging growth patterns, end-user analysis, and other key data that have been tested and validated by experts and industry professionals. The report studies the market for importance, share, Status, demand and supply, models, competitive landscape, industry chain analysis, and other significant factors. The report also provides a detailed overview of the driving forces of the industry, along with the micro and macro-economic factors that are likely to affect its development.

The Asia-Pacific Automated Storage & Retrieval Systems market registered a CAGR of 9.95% over the forecast period 2021 - 2026.

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The Top Key Players in the Asia-Pacific Automated Storage and Retrieval Systems Market are like Beumer, Murata Machinery, Siemens, KIVA Systems, Dematic Group, Bosch Rexroth, Daifuku, Swisslog Holding and Others.

Industry News:

- September 2019 - Daifuku Co., Ltd. announced the establishment of of Vietnamese subsidiary, Daifuku Intralogistics Vietnam Co., Ltd. The newly formed subsidiary will manage local sales, installation and after-sales services of material handling systems for the manufacturing and distribution sectors.

- August 2019 - Murata Machinery, Ltd. partnered with US material handling system supplier Alert Innovation, Inc. Alert, an American startup company, developed ALPHABOT, a picking solution system. As a strategic partner, Muratec will undertake a transfer of technical knowledge on the ALPHABOT system and will have sole rights to market and sell, design, manufacture, and service systems based on ALPHABOT throughout Japan.

Key Market Trends:

Retail to Hold a Significant Share

- The retail sector generated the second-highest demand for ASRS in the region, after post and parcel, as compared to other industries. ASRS, when compared to other equipment types, has witnessed a higher adoption in the in the region's retail sector. China has significantly contributed to this.

- This is because the Chinese retail revenue is also on a constant increase since 2011, which is significantly driving up the automation in the retail sector of the country, as a rise in retail requires effective storage and warehouse management of products suitably requiring ASRS.

- According to China’s Ministry of Commerce (MOFCOM), China’s retail sales are expected to surpass sales in the United States, for the first time in 2018, due to innovation and transformation of China’s retail enterprises China’s retail sales are expected to surpass sales in the United States, for the first time in 2018, due to innovation and transformation of China’s retail enterprises.

- Furthermore, Chinese retailers are developing unmanned shops. For instance, Suning, the Chinese online shopping platform launched five unmanned shops in China, which apply facial recognition technology to payment services, and offer shoppers an intelligent shopping experience, based on their consumption habits. This has significantly contributed to the growth of the market studied in the region.

- Apart from China countries such as India, Japan, South Korea and Indonesia are also witnessing increase in demand for the automated systems in the warehousing sector.

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What Are The Market Factors That Are Explained In The Report?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

Analytical Tools: The Asia-Pacific Automated Storage and Retrieval Systems Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

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