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North America Automated Storage and Retrieval System (ASRS) Market 2022 Strategic Assessments- Daifuku Co. Ltd, Schaefer Holding International Gmbh, Dematic Group (KION Group AG), Murata Machinery Ltd
North America Automated Storage and Retrieval System (ASRS) Market research report aims at answering various features of the global North America Automated Storage and Retrieval System (ASRS) Market with the help of the key factors driving the market, the restraints, and the challenges that can possibly inhibit the overall market growth, and the current growth opportunities that are going to shape the future path of the market expansion. The report contains an in-depth examination of the key players and recent developments taking place in this market. Furthermore, the report includes chapters on market dynamics (market drivers, opportunities, and challenges) and industry analysis as well.The North America Automated Storage and Retrieval System (ASRS) market was valued at USD 3809.9 million in 2020 and is expected to reach USD 5864.6 million by 2027, at a CAGR of 9.01% over the forecast period 2022 - 2027
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Latest Updates
APR 2019 - Daifuku announced that it has completed the acquisition of Vega Conveyors & Automation Private Limited, a prominent material handling vendor based in India. The acquisition is expected to strengthen the company's localization strategy and benefit from the growing demand for automation in the Asia-Pacific region.
North America Automated Storage and Retrieval System (ASRS) Market Segmentation
Top prime companies in the global North America Automated Storage and Retrieval System (ASRS) Market are - Daifuku Co. Ltd, Schaefer Holding International Gmbh, Dematic Group (KION Group AG), Murata Machinery Ltd, Mecalux SA, Honeywell Intelligrated, Swisslog AG, Knapp AG, Kardex Remster, Bastian Solutions Inc., Viastore Systems Inc.
North America Automated Storage and Retrieval System (ASRS) Market Overview:
- North America is one of the largest markets for automated storage and retrieval systems (ASRS) in the world, led by the United States. The region's manufacturing sector, which is a huge source of demand for the ASRS solutions, hinges on the dominant US economy, which accounts for 82% of the region's economic output.
- The country also has a high trading profile, especially with neighboring countries like Canada and Mexico. In fact, the United States is by far the largest trading partner for both Mexico and Canada, accounting for almost 80% of each country's exports annually. Owing to such high import and export activities in the country, coupled with the highly active e-commerce sector, the need for warehouse space in the country has grown over the past few years.
- Other prominent factors, such as steady growth in wages paid to workers in the country, have made warehouse operators look forward to the alternate solutions for warehouse management and are expected to drive the demand for automation in several end-user industries that are highly dependent on the workforce, such as manufacturing and retail, among others.
- Furthermore, the United States, over the forecast period, is expected to witness strong growth in a number of domestic robotic solutions, owing to the Trump's government policies that aim at increasing domestic production rather than importing finished goods.
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Table of Content
1 Market Overview
1.1 Market Segment Overview
1.1.1 Product Definition
1.1.2 Market by Type
1.1.3 Market by Application
1.2 Global Market Size
2 Global Market by Company
2.1 Global Sales by Company
2.2 Global Price by Company
3 Global Market by Type
3.1 Global Sales by Type
3.2 Global Price by Type
4 Global Market by Application
4.1 Global Sales by Application
4.2 Global Price by Application
5 Global Trade
5.1 Export
5.2 Import
6 Key Manufacturers
6.1 Company Information
6.2 Product Specifications
6.3 Business Data (Capacity, Sales Revenue, Volume, Price, Cost and Margin)
And Other…
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Frequently Asked Questions about the North America Automated Storage and Retrieval System (ASRS) Market:
-What are the key market trends impacting the growth of the Global North America Automated Storage and Retrieval System (ASRS) Market?
-Which regulations will be most helpful for stakeholders to boost their supply chain network?
-Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
-What will be the barrier to entry for new players in the market?
-What can be the best investment choices for venturing into new product and service lines?
-Which segment accounted for the largest North America Automated Storage and Retrieval System (ASRS) Market share?
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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