Asia-Pacific Automated Storage and Retrieval Systems Market 2022: Global Countries Data, Top Players, Overview, Structure Analysis, and Latest Insights Published Report 2027

Asia-Pacific Automated Storage and Retrieval Systems has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Market share and Market size prominent players for 2022 to 2027 are profiled in this report.

Asia-Pacific Automated Storage and Retrieval Systems is envisaged to record an expansion at the CAGR of 9.94% over the forecast period, 2022 - 2028

Competitive Landscape:

 DAIFUKU Co. Ltd.,  Murata Machinery Ltd.,  Toyota Industries Corporation,  Hanwha Group,  GEEK+ INC.,  Kardex Group,  Siasun Robot & Automation Co. Ltd.,  Noblelift Intelligent Equipment Co. Ltd. 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.

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Scope of the Report

- The Asia-Pacific region is witnessing an increasing foucs towards automation by the warehousing companies which is anticipated to drive the market for Automated Storage and Retrieval Systems. According to Warehouse 2020 APAC Vision Study cinducted by Zebra, 73% of the warehousing companies in the region plan to increase the number of warehouses by 2020 and 52% of them also plan to reduce space expansion in existing warehouses in 2020.

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.

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China to Hold Major Share

- The rise in the retail revenue and sales has also generated a need to effectively manage warehouses, which are emphasizing the need to install automated warehousing systems.
- Hence, companies have started to install this equipment to keep up the pace with the growing retail sector in the country. For instance, recently in November 2017, the Chinese e-commerce sector figured out models of automation for the warehouses. .

Highlights about Asia-Pacific Automated Storage and Retrieval Systems report coverage:

- A complete background analysis, which includes an assessment of the Global Asia-Pacific Automated Storage and Retrieval Systems.

- Important changes in Asia-Pacific Automated Storage and Retrieval Systems dynamics

- Asia-Pacific Automated Storage and Retrieval Systems segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the Asia-Pacific Automated Storage and Retrieval Systems with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent Asia-Pacific Automated Storage and Retrieval Systems industry developments

- Asia-Pacific Automated Storage and Retrieval Systems shares and strategies of key players

- Emerging niche Asia-Pacific Automated Storage and Retrieval Systems segments and regional markets

- An objective assessment of the trajectory of the Asia-Pacific Automated Storage and Retrieval Systems .

- Recommendations to companies for strengthening their foothold in the Asia-Pacific Automated Storage and Retrieval Systems .

The research includes historic data from 2016 to 2022 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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