Press release
Japan Automated Storage and Retrieval System (ASRS) Market to Grow at a CAGR 8.2% from 2022 to 2027
According to the new market research report "Japan Automated Storage and Retrieval System (ASRS) Market by Function (Storage, Distribution, Assembly), Type (Unit Load, Mini Load, Vertical Lift Module, Carousel, Mid Load), Micro Fulfilment Center, Dark Stores, Industry and Region - Global Forecast to 2027" , published by MarketsandMarkets, Japan Automated Storage and Retrieval System (ASRS) Industry to Grow at a CAGR 8.2% from 2022 to 2027Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195267987
Japan to witness high growth of the ASRS market
An Automated Storage and Retrieval System (ASRS) is a highly advanced material handling system that utilizes computer-controlled material handling systems to automatically deposit and retrieve items from assigned storage locations. An ASRS is used to obtain high accuracy, efficiency, and high-throughput inventory management in automotive, chemical, aviation, electronics & semiconductor, e-commerce, retail, food & beverage, healthcare, and metals & heavy machinery. The system includes a range of racks, shelves, bins, and automated machinery like cranes, conveyors, and shuttles that efficiently transport items to and from storage locations. As per a report by MarketsandMarkets, the ASRS market is estimated to reach USD 11.8 billion by 2027; it is projected to grow at a CAGR of 7.4% during 2022-2027. Factors such as the thriving e-commerce industry, high demand from the automotive industry, and increasing need for better inventory control in several sectors are contributing toward the accelerating ASRS market.
Asia Pacific is predicted to witness a high growth rate in the global ASRS market. The sectors such as automotive, electronics & semiconductor, and healthcare is growing rapidly in the region, which is predicted to drive the ASRS market. Further, Japan is one of the world's leading hubs for the technology ecosystem, so the adoption of ASRS in the country is rapidly increasing. Factors such as high population density have resulted in limited space for warehousing and distribution centers, due to which there is an increasing demand for ASRS technology. Optimizing vertical space enables more efficient use of the available warehouse area, which is done with the help of the ASRS system.
Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=195267987
Furthermore, Japan is also home to some of the primary key players of the ASRS market, such as Daifuku, Murata Machinery, and Toyota Industries. The presence of key players in the country is further fueling the growth of ASRS. The Japanese government has also been promoting the adoption of automation and technology in various industries, including warehousing and logistics. Additionally, the government of Japan is also taking initiatives to boost electric vehicle manufacturing in the country. The Government of Japan has set a target that all new cars sold till 2035 must be environmentally friendly. This will propel automotive production in the country, contributing to the ASRS market demand. Besides, adopting ASRS systems in Japan has been driven by the need to improve efficiency and reduce costs. Using ASRS systems reduces the need for manual labor, which can be time-consuming and costly. With ASRS technology, goods can be stored and retrieved quickly and accurately, leading to increased productivity, and reduced operational costs.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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 Japan Automated Storage and Retrieval System (ASRS) Market to Grow at a CAGR 8.2% from 2022 to 2027 here
News-ID: 3081488 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
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…